BI Corner
The Economist Hour
The Story of the economist who championed the rise of free markets and fundamentally reshaped the modern world.
As the post-World War II economic boom began to falter in the late 1960s, a new breed of economists gained in influence and power. Over time, their ideas curbed goverments nleashed corporations and hastened globalization.
Their fundamental belief? That goverments should stop trying to manage the economy.
Their guilding princile? That markets would deliver steady growth and broad prosperity.
But the economists' hour failed to deliver on its premise. The single-minded embrace of markets has come at the expanse of economic equality, of the health of liberal democracy, and of future generations. Across the world, from both right and left, the assumptions of once-dominant school of free market economic throught are being challenged, as we count the costs as well as the gains of its influence.
Both accessible and authoritative, wxploring the impact of both ideas and individuals, Binyamin Aeppelbaum's The Economist's Hour provides both a reckoning with the [ast and a call for a different future.
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