A Great Graduation Gift for the Econ Major in Your Life
|Written by Nicole Woo|
|Friday, 30 April 2010 11:28|
Today the MIT Press is publishing CEPR co-director Dean Baker's latest book, Taking Economics Seriously. It's a cloth/hardcover compact (4 1/2" by 7" and 136 pages) book that offers an alternative Econ 101. A great little graduation gift, especially for econ geeks, but it's accessible enough for anyone.
But don't believe me. Here's what Simon Johnson (former IMF chief economist and co-founder of The Baseline Scenario) and Elizabeth Warren (Harvard Law Professor and Chair of the Congressional Oversight Panel) say about it:
Baker's analysis is always insightful and his proposals entirely reasonable. Read this book only if you are worried about where the United States is heading.
A terrific book. Dean Baker deconstructs the myth that big corporations have any interest in free markets and deregulation. And he is right: industry interests support government intervention all the time -- when it helps them. They have thrown the free market under the bus to maximize profits, and Taking Economics Seriously explains how.And while you're at it, pick one up for yourself! Unless, of course, you're not worried about where the U.S. is heading.