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The Doomsday Myth Charles Maurice

The Doomsday Myth By Charles Maurice

The Doomsday Myth by Charles Maurice


$17.19
Condition - Good
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Summary

Shows that although doom merchants have been predicting imminent collapse from resource shortages as long as civilization has existed, no nation has ever fallen because of the depletion of a resource. The authors also show that government intervention has not been the solution to these crises.

The Doomsday Myth Summary

The Doomsday Myth: 10,000 Years of Economic Crises by Charles Maurice

In The Doomsday Myth, Charles Maurice and Charles Smithson show that although doom merchants have been predicting imminent collapse from resource shortages as long as civilization has existed, no nation has ever fallen because of the depletion of a resource. They also show that government intervention has not been the solution to these crises. Instead, freely functioning markets with individuals acting in their own self-interest have eliminated shortages, and averted doomsday. The free market theme is the same one used by Adam Smith in The Wealth of Nations in 1776, but the need to restate it for new generations is urgent. The authors concluded that a resource-based doomsday will arrive only if we suspend the functioning of free markets.

About Charles Maurice

Charles Maurice (1931-1999) was a professor of economics at Texas A&M University from 1967 through his retirement in 1997 and served as associate director of its Center for Education and Research in Free Enterprise from 1981 to 1989. He was the coauthor of two highly successful college textbooks: Economic Analysis (with C.E. Ferguson) and Managerial Economics (with Christopher R. Thomas). Maurice's research was firmly based on the neoclassical paradigm; it dealt mainly with the theory of production, especially factor demand. Charles Smithson is an economist and known expert in financial risk management. He has held positions in academe (Texas A&M University, the University of Rochester, and the University of North Texas) and in government before moving to the private sector as managing director in the global risk management sector of Chase Manhattan Bank, North America. He is currently president of Rutter Associates, a credit risk management firm in New York. He is the author of five books, including Managing Financial Risk and Credit Portfolio Management.

Additional information

GOR012342551
9780817979621
081797962X
The Doomsday Myth: 10,000 Years of Economic Crises by Charles Maurice
Used - Good
Paperback
Hoover Institution Press,U.S.
19840601
142
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

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