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ISBN: 9780140296723 - The Truth About Markets
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The Truth About Markets

Why Some Nations are Rich But Most Remain Poor

John Kay

ISBN: 9780140296723
Format: Paperback
Publisher:Penguin Books Ltd
Edition: New edition
Also available as an eBook


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Tim Harford, author of The Undercover Economist, has selected ‘The Truth About Markets’ as one of his favourite books of the decade.

To find out why and to view his other choices, visit our Books of the Decade collection.

Unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why 'one-size-fits-all' globalization hurts developing countries and why markets can work - but only in a humane social and cultural context. This title offers a radical blueprint for the future.

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Capitalism faltered at the end of the 1990s as corporations were rocked by fraud, the stock-market bubble burst and the American business model - unfettered self-interest, privatization and low tax - faced a storm of protest. But what are the alternatives to the mantras of market fundamentalism? Leading economist John Kay unravels the truth about markets, from Wall Street to Switzerland, from Russia to Mumbai, examining why some nations are rich and some poor, why 'one-size-fits-all' globalization hurts developing countries and why markets can work - but only in a humane social and cultural context. His answers offer a radical new blueprint for the future.
 
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