UNWARRANTED INTRUSIONS: THE CASE AGAINST GOVERNMENT INTERVENTION IN THE MARKETPLACE
by FRIDSON, MARTIN
List Price: HK$ 237.00
¡@ISBN
9780471687139
¡@Subject
BUSINESS & FINANCE
¡@Publisher
JOHN WILEY & SONS, INC.
¡@Publication
2006
¡@Edition
Hardcover
¡@Version
Original
¡@Description
Politicians invariably cite lofty purposes to justify government intervention in the marketplace. On closer examination, the intercessions usually turn out to be clever schemes for buying support from special interests with taxpayers¡¦ money. The already advantaged turn out to be the biggest beneficiaries, while the resulting misallocation of resources afflicts society at large. In Unwarranted Intrusions, well-known financial commentator Martin Fridson turns his sharp eye for investment deceptions and accounting ruses to subterfuges practiced by the U.S. government. His exhaustive research reveals politicians from both sides of the aisle basing legislation on elementary economic fallacies. George W. Bush and Hillary Clinton play their parts in the story, along with less likely figures such as Al Jolson and Bozo the Clown.