The End of Economics by Michael Perelman
(Routledge Frontiers of Political Economy)

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Most economic theory assumes a pure capitalism of perfect competition. Even when it is recognized that this does not exist, many politicians and captains of industry pay a great deal of lip service to the idea of the market. This book goes beyond the rhetoric to explore how, even in the United States, the most capitalist of all countries, the market has always been subjected to numerous constraints. As well as discussing the opinions of economists, the book looks at the opinions and practices of figures such as Henry Ford, J.P. Morgan, and Herbert Hoover.

About Michael Perelman

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Michael Perelman is a professor of economics at California State University, Chico. He is a visiting scholar at theUniversity of Paris. He has published 19 books, including Railroading Economics, Manufacturing Discontent, The Perverse Economy, and The Invention of Capitalism.
Published November 1, 2002 by Routledge. 204 pages
Genres: Business & Economics, History. Non-fiction

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