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Gordon, 1994. Social Research 61(2):1-33

Twixt the Cup and the Lip: Mainstream Economics and the Formation of Economic Policy
David Gordon

Social Research: An International Quarterly
Arien Mack, Editor

Volume 61, No. 2 (Summer 1994): 1:33

ABSTRACT: This article presents an argument regarding the mainstream economics and the formation of economic policy in the U.S. On a wide variety of economic policy issues, neoclassical economists tend to support a narrow policy orientation that insists on elevating considerations of efficiency over those of equity that leans consistently toward reliance on the free market, that favors enticements rewarding capital income and promoting capital formation instead of supporting workers and their earnings. In mainstream economics, there are many slips between the scholarly cup and the advisory lip. The author focuses on four general areas in which an apparently monolithic mainstream view about economic policy fails to...
Stock number:SRJ-ART-612-0001 Price:$15.00

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