Myths of the Free Market

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Algora Publishing, 2003 - 276 pages
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What happens when the rich get far, far richer? Laissez faire has moved us from democracy to corporatism, replacing integrity and values with a focus on OC filling our bellies.OCO How about humanism, for a change? This comprehensive critique has important pra"
 

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Contents

Preface
1
ECONOMY
9
The Poverty of Laissez Faire The Evidence
11
Laissez Faire It Cant Possibly Work
25
Decline and Disaster
37
The Spawn of Laissez Faire
53
Why We Fall for Laissez Faire
69
The Virtual Reality of Classical Economics
79
Humanism and Government
151
Rejecting Liberalism
169
Democracy
185
Prerequisities to Functional Democracy
207
The Critical Role of Education
217
FINALITY?
235
Denouement
237
References
249

A New Economic Paradigm
99
Appendix
115
POLITY
121
Values Science Reason
123
Humanism
129
Index of Names
255
Index of Terms
259
Index of US Corporations
263
Copyright

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About the author (2003)

Kenneth Friedman, author of the book Predictive Simplicity and more than a dozen articles in both philosophy journals and physics journals, holds an MS in Physics and PhD in Philosophy of Science from MIT; he studied non-linear thermodynamics with Ilya Prigogine in Brussels on an ACLS fellowship. After teaching for 12 years at SUNY at Oswego, where he chaired the department of philosophy, he worked as a securities analyst and money manager, capitalizing on a cyclic view of markets grounded in nonlinear thermodynamics. He is now President of a publicly traded corporation. He has been interviewed in Barron's and on CNBC and quoted in The Wall Street Journal.

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