How Long to Read The Illusion of Economic Stability

How Long Does it Take to Read The Illusion of Economic Stability?

It takes the average reader 5 hours and 9 minutes to read The Illusion of Economic Stability by Eli Ginzberg

Assuming a reading speed of 250 words per minute. Learn more

Description

In one of the foremost critiques of the widespread view that in market-based economics the fluctuations of the marketplace are essentially self-regulating, Eli Ginzberg argues the reverse. He asserts that government regulation or intervention to provide stability in the capitalist marketplace is a necessity. In this classic statement of macroeconomic theory, Ginzberg argues that self-directed stable economies, devoid of an appreciation of social and psychological factors, are essentially illusory. The ability of strong blocs--corporate, labor, and agricultural--to control the market in the hope of bettering their economic position places great difficulties in the path of securing a stable economy. For Ginzberg, economic fluctuations in the decade preceding the Great Depression can largely be explained by the interaction of technological, psychological, and monetary factors. Without these factors being subjected to some sort of control, economic stability must remain an illusion. The current period of a significant fall-off in earnings, profits, and full employment also followed a decade of unparalleled monetary growth. The concerns Ginzberg raised are relevant once again. It may turn out that the "neoliberalism" of the present has something to say in response to the free market/free society premises currently in vogue. In a brilliant introductory essay, Nobel Laureate Robert M. Solow offers an impressive report card on The Illusion of Economic Stability: "The prose is tighter and more aphoristic than late Ginzberg, and the tone is more detached, even sardonic." He concludes by admitting that a volatile stock market is one more reason why automatic economic stability seems as illusory today as it did when the book first appeared.

How long is The Illusion of Economic Stability?

The Illusion of Economic Stability by Eli Ginzberg is 299 pages long, and a total of 77,441 words.

This makes it 101% the length of the average book. It also has 95% more words than the average book.

How Long Does it Take to Read The Illusion of Economic Stability Aloud?

The average oral reading speed is 183 words per minute. This means it takes 7 hours and 3 minutes to read The Illusion of Economic Stability aloud.

What Reading Level is The Illusion of Economic Stability?

The Illusion of Economic Stability is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Illusion of Economic Stability?

The Illusion of Economic Stability by Eli Ginzberg is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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