Binyamin Appelbaum Books
Binyamin Appelbaum is an American journalist and editorial writer for The New York Times, specializing in economics and public policy. Before joining the Times, he reported for The Washington Post and The Charlotte Observer, where his work on the housing crisis earned national recognition.
Known for: The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society
Books by Binyamin Appelbaum
The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society
The book explores how economists gained influence over public policy from the 1960s onward, shaping governments’ approaches to markets, regulation, and inequality. Appelbaum traces the rise of free-market thinking and its consequences for social and political life, arguing that the dominance of economic reasoning has contributed to widening inequality and weakened democratic institutions.
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Postwar Consensus
When I look back to the decades immediately after World War II, I see a very different kind of faith guiding economic life. Governments did not hesitate to intervene. The lessons of the Great Depression had forged a global consensus: unfettered markets were dangerous, prone to collapse under their o...
From The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society
The Rise of Market Economists
Out of that questioning arose what I call the economists’ rebellion. Milton Friedman, George Stigler, and their colleagues at the University of Chicago led a quiet but radical counterrevolution. They argued that markets were not fragile, as Keynesians believed, but resilient, self-correcting, and wi...
From The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society
About Binyamin Appelbaum
Binyamin Appelbaum is an American journalist and editorial writer for The New York Times, specializing in economics and public policy. Before joining the Times, he reported for The Washington Post and The Charlotte Observer, where his work on the housing crisis earned national recognition.
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Binyamin Appelbaum is an American journalist and editorial writer for The New York Times, specializing in economics and public policy. Before joining the Times, he reported for The Washington Post and The Charlotte Observer, where his work on the housing crisis earned national recognition.
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