Economic Myths and Magic is popular PDF and ePub book, written by Norman C Miller in 2024-04-28, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Economic Myths and Magic can be Read Online from any device for your convenience.
Economic Myths and Magic Book PDF Summary
This insightful and comprehensive book uses theory and empirical studies to debunk contemporary illusions about the functionality of economies and examines the phenomena of economic magic and economic black magic. Norman C. Miller considers 11 economic myths, three of which are the theory that excessive imports reduce employment as firms are forced to downsize or shut down, that a more equal distribution of income kills incentives and reduces economic growth rates and the myth that a higher minimum wage always generates a net decrease in employment. Chapters examine the effects of advances in technology, poverty and income inequality, international trade, and trade deficits on employment and economic growth. The book concludes with discussions on three case studies demonstrating economic black magic, namely the Great Depression, the Great Recession, and the COVID-19 pandemic. This creative and accessible book will be vital reading for students and scholars in economics and finance, the history of economic thought, methodology of economics, and political economy. It will also be beneficial for business owners, economists, finance practitioners, and social scientists, as well as citizens interested in the functioning of economies.
Detail Book of Economic Myths and Magic PDF
- Author : Norman C Miller
- Release : 28 April 2024
- Publisher : Unknown
- ISBN : 103533903X
- Genre : Business & Economics
- Total Page : 0 pages
- Language : English
- PDF File Size : 15,5 Mb
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