By Dean Baker Publisher: The MIT Number Of Pages: 136 Publication Date: 2010-04-30 ISBN-10 / ASIN: 0262014181 ISBN-13 / EAN: 9780262014182 Product Description: There is nothing wrong with economics, Dean Baker contends, but economists routinely ignore their own principles when it comes to economic policy. What would policy look like if we took basic principles of mainstream economics seriously and applied them consistently? In the debate over regulation, for example, Baker—one of the few economists who predicted the meltdown of fall 2008—points out that ideological blinders have obscured the fact there is no "free market" to protect. |
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