---
product_id: 223714377
title: "Seven Bad Ideas: How Mainstream Economics Have Damaged America and the World"
brand: "jeff madrick"
price: "137 zł"
currency: PLN
in_stock: false
reviews_count: 12
url: https://www.desertcart.pl/products/223714377-seven-bad-ideas-how-mainstream-economics-have-damaged-america-world
store_origin: PL
region: Poland
---

# Seven Bad Ideas: How Mainstream Economics Have Damaged America and the World

**Brand:** jeff madrick
**Price:** 137 zł
**Availability:** ❌ Out of Stock

## Quick Answers

- **What is this?** Seven Bad Ideas: How Mainstream Economics Have Damaged America and the World by jeff madrick
- **How much does it cost?** 137 zł with free shipping
- **Is it available?** Currently out of stock
- **Where can I buy it?** [www.desertcart.pl](https://www.desertcart.pl/products/223714377-seven-bad-ideas-how-mainstream-economics-have-damaged-america-world)

## Best For

- jeff madrick enthusiasts

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## Description

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## Images

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## Customer Reviews

### ⭐⭐⭐⭐⭐ 







  
  
    A rich source of information about economics.
  

*by E***I on Reviewed in the United States on September 8, 2015*

The author talks about the errors of American economics, but he knows in a good way that this behavior is normal in those activities. The market don't be resoluble without avoiding some failures, and the style of writing of Madrick is very clear about it. The economics authorities cited by him are several, all of a certain importance, and the approach tries to explicate because a policy which is efficient, without being made from "guru", is the one solution. Only if the economists will have such positions because believe in the possibility of success, surely sometimes falling in error, but with a certain trust in the mathematics, but also in a correct sociology.

### ⭐⭐ 







  
  
    Very little evidence is given to support the author's conclusions.  No nuance.
  

*by R***S on Reviewed in the United States on January 26, 2017*

This book makes no effort to be objective.  Neoclassical economists are labelled “right wing” while left leaning economists are given the elegant title of Keynesian.  Beyond these labels this book is a case study in circle reasoning and straw man arguments.  Throughout the book, the author assumes what he is trying to prove and provides little evidence to support his conclusions beyond saying ABC economic theory is wrong because it wasn’t true in all places and time or because this renowned Keynesian says it’s wrong.  I would offer George Box’s aphorism, “all models are wrong, but some are useful”.  The author presents a world were a set of economic ideas are 100pct true or 100pct false.  No economic theory is correct in all circumstances.  We didn’t throw out newtonian mechanics when relativity came along.  We recognized that different circumstances required different reasoning.  This book has no nuance.  Or I should say, it doesn’t give the benefit of nuance to any economic ideas it doesn’t agree with.  When you layer on different political and cultural characteristics across millions of economic participants its not hard to see that economic ideas will get some things wrong.  What is incredible is how many things they get right.

### ⭐⭐⭐⭐⭐ 







  
  
    Excellent book
  

*by D***S on Reviewed in the United States on December 28, 2016*

This is an eye opening book in light of the 2008 crash, it explains the thinking that lead to it and with the upcoming Trump administration it is a must read.

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*Product available on Desertcart Poland*
*Store origin: PL*
*Last updated: 2026-02-07*