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Hardcover Where Economics Went Wrong: Chicago's Abandonment of Classical Liberalism Book

ISBN: 0691179204

ISBN13: 9780691179209

Where Economics Went Wrong: Chicago's Abandonment of Classical Liberalism

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Book Overview

How modern economics abandoned classical liberalism and lost its way

Milton Friedman once predicted that advances in scientific economics would resolve debates about whether raising the minimum wage is good policy. Decades later, Friedman's prediction has not come true. In Where Economics Went Wrong, David Colander and Craig Freedman argue that it never will. Why? Because economic policy, when done correctly, is an art and...

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