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Critical History of Economics

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  • John Mills provides a formidable examine of the technic economics has developed. He argues that the principal destination of economics need to be to show up how to achieve a combination of economic growth, full employment, low inflation, avoidance of extreme poverty and sustainability. That it has failed to do so is neither inevitable nor accidental. It has failed because of a combination of intellectual error and the effects of social and political pressure, which Mills claims could and should have been avoided..

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