8th Edition

Economic Issues Today Alternative Approaches

424 Pages
by Routledge

424 Pages
by Routledge

424 Pages
by Routledge

Written in non-technical, everyday language that is accessible to the undergraduate audience, and requiring no background in economic analysis, this acclaimed text provides a unique approach to understanding what the practice of economics is all about. The authors address fourteen current economic issues, covering both micro- and macro-economics, and offer analyses and proposed solutions for each... Read more
List of Figures and Tables; Preface; Part 1. Introduction; Alternative Economic Philosophies: A Survey of Conservative, Liberal, and Radical Critiques; Part 2. Problems in the Marketplace; Issue 1. Responding to Market Outcomes: Competition or Protection for American Agriculture? Issue 2. Consumer Welfare: Is It Necessary to Protect the Consumer? Issue 3. Dealing with Externalities: How Can We Save the Environment? Issue 4. Imperfect Competition: Is Big Business a Threat or a Boon? Issue 5. Economic Regulation: Which Path: Deregulation or Reregulation? Issue 6. Income Distribution: Does America Have an Income Inequality Problem? Issue 7. Financing Government: What Is a Fair System of Taxation? Part 3. Problems of Aggregate Economic Policy; Issue 8. Macroeconomic Instability: Are We Depression-Proof? Issue 9. Economic Growth and Stability: Can We Maintain High and Steady Rates of Economic Growth? Issue 10. Balancing the Federal Budget: Should We Be Worried About the Rising Federal Deficit? Issue 11. Unemployment: Is Joblessness an Overrated Problem? Issue 12. Inflation: Can Price Pressures Be Kept Under Control? Issue 13. The New Population Problem: Can We Save Our Social Security System? Issue 14. International Economics: Where Does America Fit into the New World Order? Part 4. Conclusion; Reprise: The Market Versus Planning and Controls: Which Strategy Works Better? Final Thoughts and Suggested Readings

Biography

Robert B. Carson, Wade L. Thomas, Jason Hecht