{"product_id":"the-economists-hour-false-prophets-free-markets-and-the-fracture-of-society-1","title":"The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society","description":"In this \"lively and entertaining\" history of ideas (Liaquat Ahamed, The New Yorker), New York Times editorial writer Binyamin Appelbaum tells the story of the people who sparked four decades of economic revolution.\n\nBefore the 1960s, American politicians had never paid much attention to economists. But as the post-World War II boom began to sputter, economists gained influence and power.\n\nIn The Economists' Hour, Binyamin Appelbaum traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization.\n\nSome leading figures are relatively well-known, such as Milton Friedman, the elfin libertarian who had a greater influence on American life than any other economist of his generation, and Arthur Laffer, who sketched a curve on a cocktail napkin that helped to make tax cuts a staple of conservative economic policy.\n\nOthers stayed out of the limelight, but left a lasting impact on modern life: Walter Oi, a blind economist who dictated to his wife and assistants some of the calculations that persuaded President Nixon to end military conscription; Alfred Kahn, who deregulated air travel and rejoiced in the crowded cabins on commercial flights as the proof of his success; and Thomas Schelling, who put a dollar value on human life.\n\nTheir fundamental belief? That government should stop trying to manage the economy.\n\nTheir guiding principle? That markets would deliver steady growth, and ensure that all Americans shared in the benefits.\n\nBut the Economists' Hour failed to deliver on its promise of broad prosperity. And the single-minded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations.\n\nTimely, engaging and expertly researched, The Economists' Hour is a reckoning -- and a call for people to rewrite the rules of the market.\n\nA Wall Street Journal Business Bestseller\n\nWinner of the Porchlight Business Book Award in Narrative \u0026amp; Biography\u003cbr\u003eASIN: 031651232X\u003cbr\u003eVSKU: LFV.031651232X.G\u003cbr\u003eCondition: Good\u003cbr\u003eAuthor\/Artist:Appelbaum, Binyamin\u003cbr\u003eBinding: Hardcover\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: Book is in good condition. Minimal signs of wear. It May have markings or highlights, but kept to only a few pages. May not come with supplemental materials if applicable.  \u003cbr\u003e","brand":"Books for Life","offers":[{"title":"Default Title","offer_id":45587348979909,"sku":"LFV.031651232X.G","price":6.33,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0650\/2914\/4773\/files\/031651232X-0_925a79e3-5876-4b34-8790-77cd80389d87.jpg?v=1767639268","url":"https:\/\/www.booksforlife.store\/products\/the-economists-hour-false-prophets-free-markets-and-the-fracture-of-society-1","provider":"Books for Life","version":"1.0","type":"link"}