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Arnold Kling

    This author delves into economic theories and their societal impacts. His work is characterized by deep academic insight and a practical perspective on financial market operations. Through his analyses, he illuminates complex economic concepts and their relevance to everyday life. His writing offers readers a clear and penetrating understanding of the modern economy.

    Under the Radar. Starting Your Internet Business Without Venture Capital
    Specialization and Trade
    The Three Languages of Politics
    Unchecked and Unbalanced
    Crisis of Abundance
    • 2019
    • 2016

      Specialization and Trade

      • 224 pages
      • 8 hours of reading

      Challenging the long-held belief that the economy functions as a machine regulated by experts, this book critiques the effectiveness of traditional economic theories and government policies since World War II. It argues that established equations and interpretations fail to accurately reflect economic realities, leading to disappointing outcomes. The author highlights the disconnect between academic economics and real-world events, questioning the credibility of both educators and media in their understanding of economic dynamics.

      Specialization and Trade
    • 2009

      Unchecked and Unbalanced

      How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy

      • 136 pages
      • 5 hours of reading
      4.0(16)Add rating

      The book explores the widening gap between the diffusion of knowledge and the concentration of political power, particularly in the context of the 2008 financial crisis. Arnold Kling argues that the inability of financial executives and regulators to understand the complexities of the financial system contributed to the crisis. By critiquing political and financial elitism, he offers a blueprint for those who question the current power dynamics, emphasizing the need for a more informed and balanced approach to governance and finance.

      Unchecked and Unbalanced
    • 2008

      Crisis of Abundance

      Rethinking How We Pay for Health Care

      • 120 pages
      • 5 hours of reading
      4.3(14)Add rating

      The book addresses the challenges of financing modern healthcare, which has advanced significantly but poses affordability issues. Arnold Kling, an MIT-trained economist, advocates for a shift from government reliance to private savings and insurance as more effective solutions. His straightforward writing makes complex economic concepts accessible, making this a crucial read for those involved in health care reform efforts.

      Crisis of Abundance
    • 2001