The 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
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An excellent, incredibly insightful and informative book, somewhat marred by the tedium experienced in the authors' rehashing the ideas ...
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