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The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market

The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market

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Key Metrics

  • Naomi Oreskes
  • Bloomsbury Publishing
  • Paperback
  • 9781639734641
  • 8.25 X 5.51 X 1 inches
  • 1 pounds
  • Business & Economics > Consumer Behavior - General
  • English
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Book Description

A carefully researched work of intellectual history, and an urgently needed political analysis. --Jane Mayer

[A] scorching indictment of free market fundamentalism ... and how we can change, before it's too late.-Esquire, Best Books of Winter 2023

The bestselling authors of Merchants of Doubt offer a profound, startling history of one of America's most tenacious--and destructive--false ideas: the myth of the free market.

In their bestselling book Merchants of Doubt, Naomi Oreskes and Erik M. Conway revealed the origins of climate change denial. Now, they unfold the truth about another disastrous dogma: the magic of the marketplace.

In the early 20th century, business elites, trade associations, wealthy powerbrokers, and media allies set out to build a new American orthodoxy: down with big government and up with unfettered markets. With startling archival evidence, Oreskes and Conway document campaigns to rewrite textbooks, combat unions, and defend child labor. They detail the ploys that turned hardline economists Friedrich von Hayek and Milton Friedman into household names; recount the libertarian roots of the Little House on the Prairie books; and tune into the General Electric-sponsored TV show that beamed free-market doctrine to millions and launched Ronald Reagan's political career.

By the 1970s, this propaganda was succeeding. Free market ideology would define the next half-century across Republican and Democratic administrations, giving us a housing crisis, the opioid scourge, climate destruction, and a baleful response to the Covid-19 pandemic. Only by understanding this history can we imagine a future where markets will serve, not stifle, democracy.

The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market

Author Bio

Oreskes is author or co-author of 7 books, and over 150 articles, essays and opinion pieces, including Merchants of Doubt (Bloomsbury, 2010), The Collapse of Western Civilization (Columbia University Press, 2014), Discerning Experts (University Chicago Press, 2019), Why Trust Science? (Princeton University Press, 2019), and Science on a Mission: American Oceanography from the Cold War to Climate Change, (University of Chicago Press, forthcoming). Merchants of Doubt, co-authored with Erik Conway, was the subject of a documentary film of the same name produced by participant Media and distributed by SONY Pictures Classics, and has been translated into nine languages. 

A new edition of Merchants of Doubt, with an introduction by Al Gore, will be published in 2020.

Oreskes wrote the Introduction to the Melville House edition of the Papal Encyclical on Climate Change and Inequality, Laudato Si, and her essays and opinion pieces on climate change have appeared in leading newspapers around the globe, including The New York Times, The Washington Post, The Los Angeles Times, the Times (London), and Frankfurter Allegemeine. 

Her numerous awards and prizes include the 2019 Geological Society of American Mary C. Rabbitt Award, the British Academy Medal 2019, the 2016 Stephen Schneider Award for outstanding Climate Science Communication, the 2015 Public Service Award of the Geological Society of America, the 2015 Herbert Feis Prize of the American Historical Association for her contributions to public history, and the 2014 American Geophysical Union Presidential Citation for Science and Society. 

She is a fellow of the American Geophysical Union, the Geological Society of America, the American Association for the Advancement of Science, the American Academy of Arts and Sciences, and the American Philosophical Society.

In 2018 she was named a Guggenheim Fellow for a new book project with Erik Conway, “The Magic of the Marketplace: The True History of a False Idea,” which will be published by Bloomsbury Press as soon as it is finished.

 

Education 

B.Sc. (First Class Honours) 1981 Royal School of Mines, Imperial College
Ph.D. 1990 Stanford University (Graduate Special Program: Geological Research and History of Science)

 

Source: Harvard University, Department of the History Science 

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