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When More Is Not Better

Overcoming America's Obsession with Economic Efficiency
in: Economics
Summary:

The book critiques the relentless pursuit of economic efficiency in the United States, arguing that it has led to increased inequality and societal instability. It proposes a shift towards a more balanced approach that values resilience and shared prosperity, offering strategies for businesses, educators, and policymakers to foster a more equitable and sustainable economy.

Key points:

1. Efficiency's Downside: Martin notes that while efficiency is good, too much can harm resilience and fairness, leading to a fragile economy.

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