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Licence to be Bad

How Economics Corrupted Us
Narrated by: Charlie Anson
Length: 10 hrs and 48 mins
5 out of 5 stars (12 ratings)

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Summary

Penguin presents the audiobook edition of Licence to be Bad, written by Jonathan Alred, read by Charlie Anson. 

Over the past 50 years, the way we value what is 'good' and 'right' has changed dramatically. Behaviour that to our grandparents' generation might have seemed stupid, harmful or simply wicked now seems rational, natural, woven into the very logic of things. And, asserts Jonathan Aldred in this revelatory new book, it's economics that's to blame.

Licence to be Bad tells the story of how a group of economics theorists changed our world and how a handful of key ideas seeped into our decision-making and, indeed, almost all aspects of our lives. Aldred reveals the extraordinary hold of economics on our morals and values. Economics has corrupted us. But if this hidden transformation is so recent, it can be reversed. Licence to be Bad shows us where to begin.

©2019 Jonathan Aldred (P)2019 Penguin Audio

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Fantastic

A great deep dive into everything wrong (and right) about mainstream economics. Highly recommended and a learning experience that is at times touching as well as entertaining.

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Brilliant introduction to flaws of modern economy

The book is a very good analysis of what is wrong with modern economics, or what is often referred to as neoliberalism. It's written in a way that is highly accessible to the layman and reader and I found it gives me hope that there are better ways of managing our affairs than the current post Thatcher model. The book confirms many intuitions I felt that many of economic principles we follow are based on a series of very flawed assumptions.

I'd highly recommend this book to anyone who is looking at the world with alarm and wants an alternative to the orthodoxy.

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Surprisingly a Very Good Read

I am not an economist, far from it, I am not even interested in the subject as my personal interests are in Quantum Mechanics, Neurology and AI, but I got the book purely because the title interested me and I thought, why not give it a go. To my surprise I actually enjoyed the read and found myself entering into some very interesting discussions with friends over its contents and suggestions. Hence I am recommending it here especially for non-economists like me!