Economics in the twenty-first century : a critical perspective / Robert Chernomas and Ian Hudson.

Format:

Book

Author/Creator:

Chernomas, Robert, author.

Hudson, Ian, 1967- author.

Series:

UTP insights

Language:

English

Subjects (All):

Economics.

Physical Description:

199 pages : illustration, ; 23 cm.

Place of Publication:

Toronto ; Buffalo ; London : University of Toronto Press, 2016.

Summary:

"Economics has always been nicknamed the "dismal science," but today the field seems a little more dismal than usual as governments, social movements, and even students complain that the discipline is failing to make sense of the major economic problems of the day. In Economics in the Twenty-First Century, Robert Chernomas and Ian Hudson demonstrate how today's top young economists continue to lead the field in the wrong direction. The recent winners of the John Bates Clark medal, economics's "baby Nobel," have won that award for studying important issues such as economic development, income inequality, crime, and health. Examining their research, Chernomas and Hudson show that this work focuses on individual choice, ignores the systematic role of power in the economic system, and leads to solutions that are of limited effectiveness at best and harmful at worst. An accessible summary of the latest debates in economics, Economics in the Twenty-First Century takes on what is missing from mainstream economics, why it matters, and how the discipline can better address the key concerns of our era."-- Provided by publisher.

Contents:

1 Introduction 3

2 Development and Growth 22

3 Labor, Income, and Inequality in the United States 49

4 Health, Healthcare, and the Individual 79

5 Crime 106

6 Two Kinds of Crises 126

7 Conclusion 147.

Notes:

Includes bibliographical references and index.

ISBN:

9781442649422

1442649429

9781442626775

1442626771

OCLC:

928487183