Sunday, November 16, 2014

Review - The Economics of Innocent Fraud: Truth for Our Time

The Economics of Innocent Fraud: Truth for Our TimeThe Economics of Innocent Fraud: Truth for Our Time by John Kenneth Galbraith
My rating: 5 of 5 stars

A very short read, but insightful and extremely compact. Galbraith lays out in overview a critique of the concepts taught in finance and economics, which are in reality, false, and that many of the high-minded ideas bandied about regarding management, financial, corporate and governmental, are simply self-serving beliefs with little merit. A few:

- Shareholder control of corporations

- Executive pay

- Separation of public and private

View all my reviews
Post a Comment

What the Rich Won’t Tell You - The New York Times

Responding to What the Rich Won’t Tell You - The New York Times First, I can see the resentment in the comments, and certainly, some of it ...