Functional inefficiency : | the unexpected benefits of wasting time and money / (Record no. 102194)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02396cam a2200277 i 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 150205s2015 nyu b 001 0 eng |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781633880405 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | SDU |
| 050 00 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HD5724 |
| Item number | W467 F 2015 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Wenz, Peter S. |
| 245 10 - TITLE STATEMENT | |
| Title | Functional inefficiency : |
| Remainder of title | the unexpected benefits of wasting time and money / |
| Statement of responsibility, etc. | Peter S. Wenz. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | Amherst, NY : |
| Name of publisher, distributor, etc. | Prometheus Books, |
| Date of publication, distribution, etc. | 2015 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 444 p. |
| 505 ## - Formatted Contents Note | |
| Formatted contents note | HKBU library |
| 518 ## - DATE/TIME AND PLACE OF AN EVENT NOTE | |
| DATE/TIME AND PLACE OF AN EVENT NOTE | YT2025 M09 |
| 520 ## - SUMMARY | |
| Summary | "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, road construction, and road maintenance. These inefficiencies are tolerated because they provide a lot of jobs and promote economic growth, making them functional inefficiencies. Most of these inefficiencies can be reduced without increasing unemployment or impairing economic growth, the author claims, through increased investment in physical and human infrastructure. However, continued inefficiencies inherent in consumerism can't be eradicated without economic decline, making some inefficiency essential as well as functional. Functional Inefficiency offers a wealth of details and a unique analysis of our economic system, plus hope for our future prospects through reduced inefficiency"-- |
| 650 #0 - SUBJECT | |
| Topical term | Unemployment |
| Geographic subdivision | United States. |
| 650 #0 - SUBJECT | |
| Topical term | Technological innovations |
| General subdivision | Economic aspects |
| Geographic subdivision | United States. |
| 650 #0 - SUBJECT | |
| Topical term | Economic development |
| Geographic subdivision | United States. |
| 650 #7 - SUBJECT | |
| Topical term | BUSINESS & ECONOMICS / Economics / General. |
| 650 #7 - SUBJECT | |
| Topical term | PHILOSOPHY / Social. |
| 650 #7 - SUBJECT | |
| Topical term | SOCIAL SCIENCE / Sociology / General. |
| 651 #0 - SUBJECT -GEOGRAPHIC NAME | |
| Geographic name | United States |
| General subdivision | Economic policy |
| Chronological subdivision | 21st century. |
| 900 ## - Accession Number | |
| Accession Number | = C.1 SDU |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | English Books |
| Source of classification or shelving scheme | Library of Congress Classification |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| -- | 32512 |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Collection code | Home library | Current library | Shelving location | Date acquired | Source of acquisition | Total Checkouts | Full call number | Barcode | Date last seen | Copy number | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Library of Congress Classification | Available for Loans | General Books | MATRIX Library | MATRIX Library | General Eng/FL.3 | 19/09/2025 | Donation | HD5724 W467 F 2015 | 1000377292 | 19/09/2025 | C.1 | 19/09/2025 | English Books |

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