Overview
The 10th anniversary edition of the groundbreaking theory of political economy-updated, expanded, and revised. By historical accounts, there has never been a better time to be alive. More than 25% of all the wealth ever created was produced in the last ten years, extreme poverty was cut in half, and child mortality was reduced by a third among other staggering world statistics. Average Americans live better today than kings two hundred years ago could ever imagine. But, if life is improving so significantly, why do we still see so much misery in the media? Why do we see incessant quibbling on social networks? Why is it that the average Americans who live better than kings feel like they are just getting by? Juggernaut is a story about the Western economic tradition, how it was developed, and what brought about its catastrophic demise. Author Eric Robert Morse presents a clear-eyed and captivating journey from the dawn of Free-Market Capitalism during the Age of Exploration through the Enlightenment and the Industrial Revolution to the rise of Keynesianism and the dominance of the Welfare State. Drawing from all corners of political, social, and economic study, including specialism and the division of labor, competition and Game Theory, and Statism and Public Choice Theory, Morse weaves together a groundbreaking economic theory, which promises to revolutionize the way you view economics and modern living altogether.
Full Product Details
Author: Eric Robert Morse
Publisher: New Classic Books
Imprint: New Classic Books
Edition: 2nd Tenth Anniversary ed.
Dimensions:
Width: 15.20cm
, Height: 3.20cm
, Length: 22.90cm
Weight: 0.880kg
ISBN: 9781600200670
ISBN 10: 1600200672
Pages: 496
Publication Date: 01 June 2021
Audience:
General/trade
,
General
Format: Hardback
Publisher's Status: Active
Availability: Available To Order
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Reviews
This is one of these big ideas. And, if you're persuaded of this big idea, you're going to look around and see it everywhere. --Jerry Bowyer, American Entrepreneur Radio A trenchant analysis of America's economic woes with a radical message that will resonate with both business and anti-business groups. --Jeff Cunningham, Founder and Editor, Directorship Magazine Draws a great deal from the Austrian School of Economics and also from the Public Choice Theory. But presents an interesting twist on ... our inability to escape from a huge web of interdependencies. --Parapundit.com
Author Information
Eric Robert Morse hails from the Kelley School of Business at Indiana University and associates with the tradition of the Salamanca, Austrian, Chicago, George Mason, and Indiana Schools of Economics.
