Midas Paradox
Scott B. Sumner
Reading Time
at 250 WPM9h 20m
The average reader, reading at a speed of 250 WPM, would take 9h 20m to read Midas Paradox.
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19
days at 30 min/day
560
total minutes
Midas Paradox
Published
2015
Publisher
Independent Institute, The
Pages
560
ISBN-13
9781598131543
Description
Economic historians have made great progress in unraveling the causes of the Great Depression, but not until Scott Sumner came along has anyone explained the multitude of twists and turns the economy took. In The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression, Sumner offers his magnum opus the first book to comprehensively explain both monetary and non-monetary causes of that cataclysm. Drawing on financial market data and contemporaneous news stories, Sumner shows that the Great Depression is ultimately a story of incredibly bad policymaking by central bankers, legislators, and two presidents especially mistakes related to monetary policy and wage rates. He also shows that macroeconomic thought has long been captive to a false narrative that continues to misguide policymakers in their quixotic quest to promote robust and sustainable economic growth. The Midas Paradox is a landmark treatise that solves mysteries that have long perplexed economic historians, and corrects misconceptions about the true causes, consequences, and cures of macroeconomic instability. Like Milton Friedman and Anna J. Schwartz's A Monetary History of the United States, 1867–1960, it is one of those rare books destined to shape all future research on the subject. --
Subjects
Frequently Asked Questions
How many pages are in Midas Paradox?
This edition of Midas Paradox has approximately 560 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.
How long does it take to read Midas Paradox?
For most readers, Midas Paradox typically takes between 11h 40m and 7h 47m to complete. This is based on the book's length of approximately 140,000 words and common reading speeds.
Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 9h 20m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 19 days • Estimated word count: 140,000 words
Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.
What is the word count of Midas Paradox?
The estimated word count for Midas Paradox is approximately 140,000 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.
This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.
Who is the author of Midas Paradox?
Midas Paradox was written by Scott B. Sumner.
When was Midas Paradox published?
The publication date for this specific edition is 2015. The original work may have been published on a different date.