{"product_id":"the-raw-deal-how-myths-and-misinformation-about-the-deficit-inflation-and-wealth-impoverish-america-9780807047279","title":"The Raw Deal: How Myths and Misinformation about the Deficit, Inflation, and Wealth Impoverish America","description":"\u003cp\u003e • Author(s): Ellen Frank\u003cbr\u003e • Publisher: Beacon Press\u003cbr\u003e • Publisher Imprint: Beacon Press\u003cbr\u003e • BISAC: Economic Conditions\u003c\/p\u003e\u003cp\u003eAmericans have fallen for the ticker tape. We watch our portfolios, happily or nervously. We know there were a few bad apples at Enron and World Com, but we also know: \u003cbr\u003e* The advent of mutual funds, low-cost brokerages, and the Internet has meant that the stock market is now more transparent, honest, and accessible to the small investor than ever before;\u003cbr\u003e* 401(k)s give the individual responsibility and control over their retirement savings, and that makes us more responsible citizens;\u003cbr\u003e* Federal deficits are bad for the economy, especially, somehow, when they're linked to social spending; and\u003cbr\u003e* Controlling inflation is the most important task of our economic policy. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eBut as economist Ellen Frank shows us, what we know is wrong. Over the past twenty years, Americans have been fed a mash of confusing financial and economic information. This information has distorted popular understanding of how the economy really operates and camouflaged the transformation of economic policy from a tool for improving the living standards of all to a tool for securing the perquisites of those with financial wealth.","brand":"Beacon Press","offers":[{"title":"Paperback","offer_id":47587118809239,"sku":"9780807047279","price":2075.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780807047279.webp?v=1774966443","url":"https:\/\/atlanticbooks.com\/products\/the-raw-deal-how-myths-and-misinformation-about-the-deficit-inflation-and-wealth-impoverish-america-9780807047279","provider":"Atlantic Books","version":"1.0","type":"link"}