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Why Capitalism?

by Allan H. Meltzer
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Current price ₹1,905.00
Original price ₹2,646.00
Original price ₹2,646.00
Original price ₹2,646.00
(-28%)
₹1,905.00
Current price ₹1,905.00

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Book cover type: Hardcover
  • ISBN13: 9780199859573
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Oxford University Press, USA
  • Publisher Imprint: Oxford University Press, USA
  • Publication Date:
  • Pages: 168
  • Original Price: USD 26.99
  • Language: English
  • Edition: N/A
  • Item Weight: 318 grams
  • BISAC Subject(s): Free Enterprise & Capitalism, Economic Conditions, and Economic History

A review of the headlines of the past decade seems to show that disasters are often part of capitalist systems: the high-tech bubble, the Enron fraud, the Madoff Ponzi scheme, the great housing bubble, massive lay-offs, and a widening income gap. Disenchantment with the market economy has reached the point that many even question capitalism itself.

Allan H. Meltzer is Allan H. Meltzer University Professor of Political Economy at Carnegie Mellon University. He is the author of A History of the Federal Reserve, Volumes 1 and 2.

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