Free Lunch Thinking - Tom Bergin
Why most economic assumptions made by governments are wrongEconomic theories and models shape our everyday lives. They are relied on by politicians when tax rises or cuts are being considered. They…
Specifikacia Free Lunch Thinking - Tom Bergin
Why most economic assumptions made by governments are wrongEconomic theories and models shape our everyday lives. They are relied on by politicians when tax rises or cuts are being considered. They inform debates about everything from bonuses for CEOs to minimum wage rates to the level of job protection enshrined in law. They determine what levels of tobacco or gas taxes are charged, and influence government approaches to issues as diverse as obesity and climate change.The question is: are policy makers right to be so slavishly reliant on them? Tom Bergin is skeptical, and in Free Lunch Thinking he subjects eight of the most prevalent economic mantras to close scrutiny, assessing how they play out in practice. Again and again, he shows how individuals, companies and markets fail to respond to policy changes as theory predicts. He exposes the missed
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