‘Economics of the 1%: How Mainstream Economics Serves The Rich, Obscures Reality and Distorts Policy’
“With barely concealed rage, excoriating analysis and unswerving clarity, Weeks dissects and exposes the myths and lies of the free-market propaganda upon which our current economic system is built. Eminently readable, ‘Economics of the 1%’ is a tour de force – a clarion call for a common-sense economics that serves us all, not just the rich and powerful.”
—Caroline Lucas, British MP for Brighton Pavilion and Leader of the Green Party of England and Wales
Understanding the economy is not simple, but it is no more complicated than understanding the political system sufficiently to cast a vote. In straightforward language, Professor John F. Weeks exposes the myths of mainstream economics and explains why current economic policies fail to serve the vast majority of people in the United States, Europe and elsewhere. He demonstrates that austerity policies have little theoretical basis and achieve nothing but inequality and misery. He goes on to explain how the current deficit and debt ‘crises’ in the United States and Europe are ideologically manufactured, unnecessary and simple to overcome. Drawing on examples from around the world, this book provides a bold alternative to the economics of the 1%. Their failure to serve the interests of the many results from their devoted service to the few.
YOU’RE INVITED! There will be a book launch for this new book on Monday, 3 February 2014 at the Brunei Gallery (School of Oriental & African Studies, University of London) from 6:00 – 7:30 pm. Professor Weeks will be doing a book lecture and signing. A reception will follow. Find more information about the book launch here: http://www.soas.ac.uk/development/events/03feb2014-economics-of-the-1.html
Find more information about the book here: http://www.anthempress.com/economics-of-the-1-percent