'Arguing with Zombies: Economics, Politics, and the Fight for a Better Future' by Paul Krugman discusses the relevance of its themes to contemporary issues and debates such as social security and social inequality by debunking the economic myths that often cloud these discussions. The book argues against the privatization of social security, stating that it hurts everyone and is based on the false premise of a social security crisis. It emphasizes that real seriousness in policy making should be based on what works and what doesn't, and according to Krugman, social security works well while privatized security works very poorly.

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Zombie ideas" is a term used by Paul Krugman in his book "Arguing with Zombies: Economics, Politics, and the Fight for a Better Future". These are ideas that, despite being debunked with substantial evidence, continue to persist in political and economic discourse. They are called "zombie ideas" because they refuse to die. An example of a "zombie idea" could be the notion that privatizing social security is beneficial, despite evidence to the contrary.

The lessons from "Arguing with Zombies: Economics, Politics, and the Fight for a Better Future" can be applied in today's business environment in several ways. Firstly, it teaches us to challenge "zombie ideas", or ideas that refuse to die despite evidence against them. This can be applied in business by encouraging critical thinking and evidence-based decision making. Secondly, the book's discussion on the politics of privatization can be relevant in understanding the dynamics of public and private sectors in business. Lastly, the book's emphasis on the importance of social security can be a reminder for businesses to consider the welfare of their employees.

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Arguing with Zombies: Economics, Politics, and the Fight for a Better Future

“Zombie ideas” simply refuse to die despite mountains of evidence to disprove them. How do you fight...

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