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Selfishness, greed and capitalism : debunking myths about the free market / Christopher Snowdon.
Author
Snowdon, Christopher
[Browse]
Format
Book
Language
English
Published/Created
London, England : The Institute of Economic Affairs, 2015.
©2015
Description
xxii, 204 pages : illustrations ; 20 cm.
Details
Subject(s)
Economics
—
Moral and ethical aspects
[Browse]
Capitalism
[Browse]
Series
Hobart paper ; 177.
[More in this series]
Hobart Paper ; 177
Bibliographic references
Includes bibliographical references.
Contents
Machine generated contents note: 1. Capitalism relies on greed and selfishness
Incentives and the invisible hand
The parable of the steel company
Is greed good?
Conclusion
2. Economists believe people are perfectly rational
Some models are useful
Rational choice and behavioural economics
Have we found angels to govern us?
Rational consumers and irrational voters
3. Economists think GDP is all that matters
A blind obsession?
No design for life
4. Economists think we live in a free market
A free market is not anarchy
Capitalists don't like free markets
Planning, private and public
5. The rich get richer and the poor get poorer
Higher wages for all
The progress of the poor relative to the rich
6. We are working ever longer hours
7. Rich countries will not benefit from more economic growth
Growth scepticism
In defence of growth
8. There is a paradox of prosperity
Other people's consumerism
Ferraris, Porsches and other preferences
9. Inequality is rising in Britain
Why inequality rose in the 1980s
Taxes, benefits and inequality
Inequality and recession
The one per cent
10. Inequality is the cause of health and social problems
Selection bias
Ignoring outliers
Dismissal of economic growth as a factor
Ignoring history
Mechanisms
Selective criteria
Consensus?
The panacea temptation
Why inequality?
11. If you're born poor, you die poor
Absolute and relative mobility
Towards a meritocracy
Conclusion.
Show 43 more Contents items
ISBN
9780255366779 ((paperback))
0255366779 ((paperback))
OCLC
904761448
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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Selfishness, greed and capitalism : debunking myths about the free market / Christopher Snowdon.
id
99125351763706421
Selfishness, greed and capitalism : debunking myths about the free market / Christopher Snowdon.
id
SCSB-9425536