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9780745000657: Economic myths and the mythology of economics
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First published in 1986, Economic Myths and the Mythology of Economics is a polemical study in which the author focuses on the popular myths and misconceptions that colour our understanding of economic issues. Professor Mishan, the internationally recognised economist and expert in the field of resource allocation and cost benefit analysis, undermines the idea that economics is a science. But such are popular myths, he argues, that governments employ battalions of economists in their ongoing attempts to promote economic growth, efficiency and employment. The author challenges the validity and measurement of such concepts as economic efficiency and GNP, and questions the assumption that free competitive markets can operate effectively in a rapidly changing, high-technology society. Professor Mishan foresees in his study further expansion as an unavoidable consequence of continued innovation, while revealing the interconnecting processes by which innovative activity, designed to raise living standards, has begun to erode the moral and psychological foundations of a viable and libertarian society.

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'Mishan is a thinker of positive genius. These essays are full of brilliant insights, vividly expressed. They can be read with enjoyment and profit by all people taking a an intelligent interest in the problems of the industrial world' – Guy Routh

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Other Popular Editions of the Same Title

9780415682497: Economic Myths and the Mythology of Economics (Routledge Revivals)

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ISBN 10:  ISBN 13:  9780415682497
Publisher: Routledge, 2011
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  • 9780391034068: Economic Myths and the Mythology of Economics

    Humani..., 1986
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  • 9780415688758: Economic Myths And The Mythology Of Economics (Routledge Revivals)

    Routledge, 2012
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Mishan, E. J.
Published by Wheatsheaf Books (1986)
ISBN 10: 0745000657 ISBN 13: 9780745000657
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Mishan, E.J.
Published by Wheatsheaf Books (1986)
ISBN 10: 0745000657 ISBN 13: 9780745000657
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Book Description Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,500grams, ISBN:0745000657. Seller Inventory # 9110705

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Mishan, E. J.
Published by Wheatsheaf Books (1986)
ISBN 10: 0745000657 ISBN 13: 9780745000657
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Mishan, Ezra J.
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