Licence to be Bad
How Economics Corrupted Us

Big time academic economics is a strange area at times and is certainly an acquired taste. Theory has been highly abstract and mathematical for quite a while and the empirical tribulations of trying to show evidence in the world for some theoretical claim are daunting. Readers of popular books and p......more

A more appropriate sub-heading would be "How Neoliberal Economics Corrupted Us". The choice made is understandable, given that broader titles attract more eyes, so not so much a criticism as an observation. And given that most of contemporary economics is held together by the principles of neolibera......more

I really enjoyed this book. The author takes a critical look at some of the major trends and schools of thought in contemporary economics. He first provides an overview of the significant figures involved in each, be they Nobel prize winners, authors etc. Then he discusses the thinking, it's interpre......more

If you read Swedish I have written a longer review in Smedjan which will be published shortly. In summary, Aldred basically makes the same old tired criticisms against "neoliberalism" and disguises it as criticism of economics. I had many an angry rant while reading it and I was not very impressed b......more

5 stars Shout out to my hosuemate for giving me the book. I honestly loved every bit of it. This is not one of those books where you can give a really detailed summary of it without having made notes (I did not make any notes) but I will give smy favourite highlight: Free riding is killing our people.......more