Specialization and Trade

Viac o knihe

Challenging the long-held belief that the economy functions as a machine regulated by experts, this book critiques the effectiveness of traditional economic theories and government policies since World War II. It argues that established equations and interpretations fail to accurately reflect economic realities, leading to disappointing outcomes. The author highlights the disconnect between academic economics and real-world events, questioning the credibility of both educators and media in their understanding of economic dynamics.