Synopses & Reviews
Review
"It was necessary to launch this powerful attack on many questionable but normally unquestioned economic assumptions, suggests M. I. T. economist Thurow, because economists have replaced lawyers as the brokers of powerful ideas on the contemporary political scene. Thurow takes on not only short-run fads, like the Laffer curve and supply-side notions, but also ideas with deep and often symbolic roots in the American psyche: the 'law of supply and demand' and 'the market model.' A bit dense with technicality in its early chapters, the book rewards the persistent reader with a road map into the mythological landscape of the dismal science." Reviewed by Daniel Weiss, Virginia Quarterly Review (Copyright 2006 Virginia Quarterly Review)
Description
Includes bibliographical references and index.