Where Economics Went Wrong

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How modern economics abandoned classical liberalism and lost its way

Milton Friedman once predicted that advances in scientific economics would resolve debates about whether raising the minimum wage is good policy. Decades later, Friedman’s prediction has not come true. In Where Economics Went Wrong, David Colander and Craig Freedman argue that it never will. Why? Because economic policy, when done...

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How modern economics abandoned classical liberalism and lost its way

Milton Friedman once predicted that advances in scientific economics would resolve debates about whether raising the minimum wage is good policy. Decades later, Friedman’s prediction has not come true. In Where Economics Went Wrong, David Colander and Craig Freedman argue that it never will. Why? Because economic policy, when done...

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  • Formats: pdf
  • ISBN: 9780691184050
  • Publication Date: 27 Nov 2018
  • Publisher: Princeton University Press
  • Product language: English
  • Drm Setting: DRM