The Economics of Innocent Fraud

¸±±êÌâ: Truth For Our Time

ISBN: 9780618013241

³ö°æÉç: Houghton Mifflin Harcourt

³ö°æÄê: 2004-04-26

Ò³Êý: 62

¶¨¼Û: 173.00Ôª

×°Ö¡: Hardcover

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The primary aspect of the "fraud" of the American economy that Galbraith (emeritus, economics, Harvard U.) criticizes is the false pretense of shareholder control over corporations, when in fact all real power has shifted to corporate managers. Contradicting conventional wisdom, or "approved belief" in his words, he denies the distinction between t