Licence to be Bad: How Economics Corrupted Us PDF ê

Licence to be Bad: How Economics Corrupted Us PDF ê It is going to change the way in which we understand many modern debates about economics, politics, and society Ha Joon Chang, author of Things They Don t Tell You About Capitalism Over the past fifty years, the way we value what is good and right has changed dramatically Behaviour that to our grandparents generation might have seemed stupid, harmful or simply wicked now seems rational, natural, woven into the very logic of things And, asserts Jonathan Aldred in this revelatory new book, it s economics that s to blame Licence to be Bad tells the story of how a group of economics theorists changed our world, and how a handful of key ideas, from free riding to Nudge, seeped into our decision making and, indeed, almost all aspects of our lives Aldred reveals the extraordinary hold of economics on our morals and values Economics has corrupted us But if this hidden transformation is so recent, it can be reversed Licence to be Bad shows us where to beginOver the past fifty years, the way we value what is good and right has changed dramatically Behaviour that to our grandparents generation might have seemed stupid, harmful or simply wicked now seems rational, natural, woven into the very logic of things And, asserts Jonathan Aldred in this revelatory new book, it s economics that s to blame Licence to be Bad tells the story of how a group of economics theorists changed our world, and how a handful of key ideas, from free riding to Nudge, seeped into our decision making and, indeed, almost all aspects of our lives Aldred reveals the extraordinary hold of economics on our morals and values Economics has corrupted us But if this hidden transformation is so recent, it can be reversed Licence to be Bad shows us where to begin


10 thoughts on “Licence to be Bad: How Economics Corrupted Us

  1. Marks54 Marks54 says:

    Big time academic economics is a strange area at times and is certainly an acquired taste Theory has been highly abstract and mathematical for quite a while and the empirical tribulations of trying to show evidence in the world for some theoretical claim are daunting Readers of popular books and policy summaries may easily fail to notice that


  2. Peter (Pete) Mcloughlin Peter (Pete) Mcloughlin says:

    Keynes quip that every person who considers themselves a practical person of action is in thrall to some dead economist or other Economic thinking contains values and shapes our view of the permissible Economics in the mid twentieth century the author pins it on Austrian School, Chicago Boys, and Strangelovian characters at the Rand Corporation


  3. Simon Tidd Simon Tidd says:

    I really enjoyed this book The author takes a critical look at some of the major trends and schools of thought in contemporary economics.He first provides an overview of the significant figures involved in each, be they Nobel prize winners, authors etc Then he discusses the thinking, it s interpretation, and its effect on modern economics and so


  4. Mikaela Mikaela says:

    If you read Swedish I have written a longer review in Smedjan which will be published shortly In summary, Aldred basically makes the same old tired criticisms against neoliberalism and disguises it as criticism of economics I had many an angry rant while reading it and I was not very impressed by his critique.


  5. Tĩnh Hàn Tĩnh Hàn says:

    y l m t quy n s ch m nh th y c g i b i ch Jenny Tue Anh Nguyen m t ng i ph n v c ng gi i ang l m vi c t i Oxford V i l i n c ng c review b i idol Ha Joong Chang, t c gi quy n Economics th n th nh Do , trong m t l n t nh c m nh th y n m t nh s ch ng nhi n l b ng ti ng , m nh ng c n su t 2 ti ng Tuy nhi n th do v n ti ng ng u si c a m nh n n ph i c


  6. Donn Lee Donn Lee says:

    I gave up on this book a couple of times Shelved under DNF did not finish But my mind would keep going back to it, thinking about the things it brought up, and I couldn t help but want to readSo I d fish it back from my DNF bin and push on I was rewarded with a better understanding of what the author was getting at, and a new way of looking at the


  7. Like_magic Like_magic says:

    Book was just hard for me to follow There was no roadmap to follow and it was not clear where the author was trying to take me nor what he was trying to convey I may have been able to understand individual examples but I continually failed to place them into the larger context In addition to that, there seems to be an overly large in my opinion emph


  8. Katri Katri says:

    This is an interesting and educating read, but pretty hard to grasp if you are not already familiar with the mentioned theories This book is so packed with information that it s hard to read at one go, so you will have to put this down and digest what you have read The ending seems somewhat abrupt, and Aldred doesn t bring up any research to back up


  9. Elizabelle Elizabelle says:

    All economics, business and public policy students should read this This book really challenged a lot of the ingrained classical economic theories assumptions that I have been exposed to, and Jonathan Aldred does so by shedding light on their implications onto our realities by using real life events and making readers question these repercussions e.g


Leave a Reply

Your email address will not be published. Required fields are marked *