Rent unmasked : how to save the global economy and build a sustainable future : essays in honour of Mason Gaffney

Winner: 2016-2017 People's Book Prize, Achievement Award Rent Unmasked explores the new economic paradigm that policy-makers need to solve global problems in the post-2008 era. With conventional economic theories discredited, the new model must equip governments with tools to re-stabilise societies in a dangerous world. Rent Unmasked explains why one paradigm only qualifies to serve this purpose: the dynamic model that reinstates time and space in economic theorizing. The Flat Earth economics of the neo-classical school is analyzed by the 13 contributors to this volume, which honors the seminal role played by Mason Gaffney, Emeritus Professor of Economics at the University of California (Riverside), in exposing the way in which classical economics was debased to serve rent-seeking interests.… (more)