by John Kenneth Galbraith · Editorial Crítica · tapa dura · ISBN 9788484325697
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«La economía del fraude inocente» is the essay by John Kenneth Galbraith, published by Editorial Crítica in hardcover (112 pages, in Spanish).
Galbraith denounces the gap between reality and conventional wisdom, fueled by widespread deception. Politicians and the media have naturalized market myths: large corporations seek the public good and the state should intervene little. The author criticizes this uncritical acceptance of legal fraud and speculation.
Published in 2004, it is part of the Letras de Crítica collection as number 1; the original English title is The Economics of Innocent Fraud: Truth for Our Time.
Accessible reading for those seeking a short essay on economics, politics and social criticism, with no need for prior technical knowledge.
John Kenneth Galbraith, also known as J. K. Galbraith or Ken Galbraith, was a Canadian-American economist, diplomat, public official, and intellectual. His books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutionalist perspective. He served as the deputy director of the powerful Office of Price Administration (OPA) during World War II in charge of stabilizing all prices, wages and rents in the American economy, to combat the threat of inflation and hoarding during a time of shortages and rationing, a task which was successfully accomplished.
