Employers’ Economics versus Employees’ Economy How Adam Smith’s Legacy Obscures Public Investment in the Private Sector /

• Main Author: McDermott, John F. M. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017.
• Subjects: Public finance.; Labor economics.; Economic history.; Economics.; Public Economics.; Labor Economics.; Economic History.

This book argues that economic activity in the public sphere now underwrites private corporations, and rejects rigid adherence to traditional economic theories that no longer apply. Adam Smith's widely used "merchant's model" assumes that most investment is private, when in fact...

Table of Contents:

• Chapter 1: We Invest More Than They!
• Chapter 2: The Paradoxes of Market Economics
• Chapter 3: Economics and Mis-Mathematics.-Chapter 4: Cornucopia, Inc..-Chapter 5: From Employees to Servants
• Chapter 6: A Reformed Economic Science and Economic Reform. .