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Can I read Myths of the Free Market on EtoBox?
Myths of the Free Market by Kenneth S Friedman; NetLibrary, Inc is a nonfiction available to read on EtoBox.
What is Myths of the Free Market about?
Kenneth Friedman's book on the problems of the free market has many things in its sights: laissez faire, libertarianism, education, even the U.S. Supreme Court. The book has some great quotes; a sampling follows: "Laissez-faire has not maximized wealth. It is worse: Even in principle laissez faire cannot maximize wealth." "Globalization favors the rich, as it always has." "Without intervention to protect the middle and lower classes, a free market economy can drain money from those classes to create an extreme concentration of wealth. Historically, such a concentration of wealth has destabilized societies and adversely impacted the security and standard of living of even the wealthy." The book does miss some things. Friedman puts far too much emphasis on economic growth. GNP growth as a measure of well-being is so inaccurate as to be almost laughable. GNP is measured by counting up what is spent on various items. This works more or less OK if you're counting food bought by hungry people, but very poorly indeed if you're counting money spent on bombs or automatic rifles, or on parking garages for rich people's cars. GNP is not corrected for increasing population, pollution, draw
Who reads Myths of the Free Market?
It is typically read by self-directed learners exploring a subject in depth.
Common subject areas: history, science, philosophy, social sciences.
- Author
- Kenneth S Friedman; NetLibrary, Inc
- Publisher
- Algora Publishing; Algora Pub.
- Published
- 2003
- Language
- EN
- ISBN
- 9786610655977
- Category
- nonfiction
- Subjects
- Business, Economics, Political Science
- Rating
- 2.7 / 5 (5 ratings)
- Updated
- 2026-03-14
