
Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money, (Hardcover)
(No ratings yet)
Key item features
- Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money, (Hardcover)
- Author: Prometheus Books
- ISBN: 9781633880405
- Format: Hardcover
- Publication Date: 2015-06-09
- Page Count: 444
Specs
- Book formatHardcover
- Fiction/nonfictionNon-Fiction
- GenreBusiness & Investing
- Publication dateJune, 2015
- Pages444
- SubgenreEconomics
Current price is USDNow $12.60
You save $3.39
was $15.99$15.99
You save$3.39
Price when purchased online
Free 90-day returns
How do you want your item?
Try 30 days for just $1! Choose a plan at checkout.
Ships to
Arrives by Fri, May 15
Sold and shipped by Walmart.com
Free 90-day returns
This item is gift eligible
More seller options (5)
Starting from $25.04
Try 30 days of Walmart+ for just $1!
T&C apply. Claim offer now
About this item
Product details
How can we reduce unemployment? As this insightful and counterintuitive book shows, the surprising answer is inefficiency. Some of the most labor-intensive sectors of the economy, the author notes, are also the most inefficient. But this inefficiency is functional-rather than impairing the economy, it bolsters employment and fosters economic growth.Technological progress increases efficiency and reduces the need for workers in manufacturing, mining, agriculture, and many services. So how do we keep people working? By maintaining inefficiencies in other areas, such as in our systems of transportation and healthcare. The author documents the waste of time and money in hospital systems, the insurance and pharmaceutical industries, automotive travel, and road construction and maintenance. These inefficiencies are tolerated because they provide a lot of jobs and promote economic growth, making them functional inefficiencies.Some of these inefficient systems come with added environmental and health costs, meaning we sacrifice more than simple efficiency for the sake of jobs. Our inefficiencies may be functional, argues Peter Wenz, but they are too often harmful for us as well.The good news is that most of these inefficiencies can be reduced without increasing unemployment or impairing economic growth. Wenz explores different methods of combating unemployment, evaluating each method carefully to determine its basic efficiencies and inefficiencies, as well as its impact on human wellbeing and on the environment. He also assesses whether it is culturally and politically acceptable and actually serves to reduce unemployment. Some inefficiency will remain, he concludes, but its negative impacts can be lessened through increased investment in physical and human infrastructure.Functional Inefficiencyoffers a wealth of details and a unique analysis of our economic system, plus hope for our future prospects through reduced inefficiency.
- Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money, (Hardcover)
- Author: Prometheus Books
- ISBN: 9781633880405
- Format: Hardcover
- Publication Date: 2015-06-09
- Page Count: 444
info:
We aim to show you accurate product information. Manufacturers, suppliers and others provide what you see here, and we have not verified it. Â
Specifications
Book format
Hardcover
Fiction/nonfiction
Non-Fiction
Genre
Business & Investing
Publication date
June, 2015
Warranty
Warranty information
Please be aware that the warranty terms on items offered for sale by third party Marketplace sellers may differ from those displayed in this section (if any). To confirm warranty terms on an item offered for sale by a third party Marketplace seller, please use the 'Contact seller' feature on the third party Marketplace seller's information page and request the item's warranty terms prior to purchase.
Similar items you might like
Based on what customers bought
Best seller The 48 Laws of Power by Robert Greene","Joost Elffers (Producer), (Paperback),Nonfiction,English $8.17
Best seller
$817current price $8.17The 48 Laws of Power by Robert Greene","Joost Elffers (Producer), (Paperback),Nonfiction,English
2304.6 out of 5 Stars. 230 reviewsNo Smoking : The Ethical Issues (Paperback) $14.75
$1475current price $14.75No Smoking : The Ethical Issues (Paperback)
Best seller The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Paperback) $7.96 Was $12.64
Best seller
$796current price $7.96, Was $12.64$12.64The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Paperback)
1434.5 out of 5 Stars. 143 reviewsGenerative AI in the Courtroom: A Practical Handbook for Modern Justice: Empowering India's Legal Professionals with AI , (Paperback) $16.00
$1600current price $16.00Generative AI in the Courtroom: A Practical Handbook for Modern Justice: Empowering India's Legal Professionals with AI , (Paperback)
Best seller I Will Teach You to Be Rich: No Guilt. No Excuses. Just a 6-Week Program That Works (Second Edition) (Revised edition) (Paperback) $14.90
Best seller
2 optionsAvailable in additional 2 options$1490current price $14.90I Will Teach You to Be Rich: No Guilt. No Excuses. Just a 6-Week Program That Works (Second Edition) (Revised edition) (Paperback)
474.9 out of 5 Stars. 47 reviewsJonBenet Ramsey: Prostitution of Justice, (Paperback) $17.95
$1795current price $17.95JonBenet Ramsey: Prostitution of Justice, (Paperback)
Bar Exam Comeback: The Retaker's Guide to Finally Passing, (Paperback) $16.49
$1649current price $16.49Bar Exam Comeback: The Retaker's Guide to Finally Passing, (Paperback)
Unshackled: How to Escape the Chains of Conventional Wisdom that Keep You Poor, (Hardcover) $16.04
$1604current price $16.04Unshackled: How to Escape the Chains of Conventional Wisdom that Keep You Poor, (Hardcover)
Studies of Political Thought: From Gerson to Grotius (1414 - 1625) - The Political and Religious Philosophy of European Renaissance Literature (Paperback) $17.36
$1736current price $17.36Studies of Political Thought: From Gerson to Grotius (1414 - 1625) - The Political and Religious Philosophy of European Renaissance Literature (Paperback)
Baclofen, Alcoholism and the Law: A Practitioner's Guide, (Paperback) $14.99
$1499current price $14.99Baclofen, Alcoholism and the Law: A Practitioner's Guide, (Paperback)
Philosophy in Action A Meaning to Life, (Hardcover) $23.65
$2365current price $23.65Philosophy in Action A Meaning to Life, (Hardcover)
Grandstanding: The Use and Abuse of Moral Talk, (Hardcover) $21.99
$2199current price $21.99Grandstanding: The Use and Abuse of Moral Talk, (Hardcover)
Silence Behind the Blue Wall: Surviving the Mental Health Stigma in Police Culture, (Paperback) $6.50 Was $9.72
$650current price $6.50, Was $9.72$9.72Silence Behind the Blue Wall: Surviving the Mental Health Stigma in Police Culture, (Paperback)
No Excuses!: The Power of Self-Discipline, (Paperback) $8.00
$800current price $8.00No Excuses!: The Power of Self-Discipline, (Paperback)
115 out of 5 Stars. 11 reviewsPre-Owned The Judge: 26 Machiavellian Lessons (Hardcover) 0190490144 9780190490140 $6.46
$646current price $6.46Pre-Owned The Judge: 26 Machiavellian Lessons (Hardcover) 0190490144 9780190490140
Pre-Owned FOUNDATIONS OF LAW:CASES, COMMENTARY & ETHICS 3E (Hardcover) 0766835820 9780766835825 $10.65
$1065current price $10.65Pre-Owned FOUNDATIONS OF LAW:CASES, COMMENTARY & ETHICS 3E (Hardcover) 0766835820 9780766835825
Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, (Paperback) $9.80 $15.81/lb
$980current price $9.80$15.81/lbEconomics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, (Paperback)
84.8 out of 5 Stars. 8 reviewsPre-Owned Legal Ethics: A Comparative Study (Hardcover) 0804748829 9780804748827 $32.70
$3270current price $32.70Pre-Owned Legal Ethics: A Comparative Study (Hardcover) 0804748829 9780804748827
Clarendon Paperbacks The Rejection of Consequentialism: A Philosophical Investigation of the Considerations Underlying Rival Moral Conception, (Paperback) $38.60
$3860current price $38.60Clarendon Paperbacks The Rejection of Consequentialism: A Philosophical Investigation of the Considerations Underlying Rival Moral Conception, (Paperback)
Business Tools Report on AGCO and Philosophy Essays: Get lost in thought for awhile, Book 2, (Paperback) $20.00
$2000current price $20.00Business Tools Report on AGCO and Philosophy Essays: Get lost in thought for awhile, Book 2, (Paperback)
Customer ratings & reviews
0 ratings|0 reviews
This item does not have any reviews yet
