ECONOMISTS CAN BE BAD FOR YOUR HEALTH: And Other Essays on the Dismal Science by George P. Brockway

ECONOMISTS CAN BE BAD FOR YOUR HEALTH: And Other Essays on the Dismal Science

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KIRKUS REVIEW

Brockway (The End of Economic Man, 1991, etc.) provides here a selection from ten years of musings on ""The Dismal Science"" from his monthly column for The New Leader. Proving himself as crotchety, humanist, and left-leaning as ever, Brockway tackles such capitalist-economic sacred cows as the theory of the natural rate of unemployment (""counterproductive as well as immoral""), the GNP (the figure generally used is ""a moldy fudge""), and even the seemingly irreproachable law of supply and demand. He points out in the title essay that economics is not a natural science at all; it is ""a branch of ethics."" Human beings can control supply and demand (by charging less than they could for a lifesaving drug, for example) and they could reduce unemployment if they wanted to. And once again Brockway poses that challenging and provocative question: Why don't they?

Pub Date: Sept. 1st, 1995
Page count: 224pp
Publisher: Norton