The Economists’ Hour. Book Summary

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Binyamin Appelbaum

What’s inside

This book critiques the influence of economists on public policy from the 1960s to the 2008 financial crisis, arguing their market-based approaches often led to social inequality.

You’ll Learn

  • Understanding the role of economists in shaping modern policy
  • Insight into the effects of deregulation
  • Recognition of the connection between economics and social inequality
  • Perspectives on the historical shifts in economic theory

Key Points

  • Rise of Economists in Policy Making
  • Market-Based Approaches to Public Policy
  • Impact on Inequality and Regulation
  • Case Studies: Airline Deregulation and Financial Crisis
  • Critique of Monetarism and Supply-Side Economics
  • The Shift Away from Keynesianism

Who’s it For

  • Economists
  • Policy Makers
  • History Buffs
  • Social Scientists
  • Anyone interested in economic policy and its societal impact

About the author

Binyamin Appelbaum is a prominent journalist and the lead writer on business and economics for The New York Times Editorial Board.