Economics in Two Lessons : : Why Markets Work So Well, and Why They Can Fail So Badly / / John Quiggin.
A masterful introduction to the key ideas behind the successes-and failures-of free-market economicsSince 1946, Henry Hazlitt's bestselling Economics in One Lesson has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everyth...
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| Superior document: | Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2019 English |
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| Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2019] ©2019 |
| Year of Publication: | 2019 |
| Language: | English |
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| Physical Description: | 1 online resource (408 p.) :; 6 b&w illus. 4 tables. |
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Table of Contents:
- Frontmatter
- CONTENTS
- ACKNOWLEDGMENTS
- ECONOMICS IN TWO LESSONS
- Introduction
- Lesson One, Part I: The Lesson
- Chapter 1. Market Prices and Opportunity Costs
- Chapter 2. Markets, Opportunity Cost, and Equilibrium
- Chapter 3. Time, Information, and Uncertainty
- Lesson One, Part II: Applications
- Chapter 4. Lesson One: How Opportunity Cost Works in Markets
- Chapter 5. Lesson One and Economic Policy
- Chapter 6. The Opportunity Cost of Destruction
- Chapter 7. Property Rights and Income Distribution
- Chapter 8. Unemployment
- Chapter 9. Monopoly and Market Failure
- Chapter 10. Market Failure: Externalities and Pollution
- Chapter 11. Market Failure: Information, Uncertainty, and Financial Markets
- Lesson Two, Part II: Public Policy
- Chapter 12. Income Distribution: Predistribution
- Chapter 13. Income Distribution: Redistribution
- Chapter 14. Policy for Full Employment
- Chapter 15. Monopoly and the Mixed Economy
- Chapter 16. Environmental Policy
- Conclusion
- Bibliography
- Index