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Economics of Innocent FraudJohn Kenneth Galbraith

Economics of Innocent Fraud

John Kenneth Galbraith

Biography & Memoir

Open Library Amazon

Stats for nerds

1recommend

2mentions

2people

2011–2024years

50% recommend50% neutral

Mentions per year

20112013201520172019202120232024

What Hacker News says

tpatkeSep 2011
You should read The Economics of Innocent Fraud. http://www.amazon.co.uk/Economics-Innocent-Fraud-Pocket-Peng...
>Whatever they don't consume is reinvested in the economy.
This is true of all financial transactions. The question is, are resources being allocated efficiently? As the authors state - that 5 trillion is not going to build schools or hospitals.
thread
KhelavasterApr 2024
Galbraith explains this clearly in "The Economics of Innocent Fraud"
thread

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