1st Edition

The Economics of Public Issues

By John Tommasi Copyright 2027
248 Pages 5 B/W Illustrations
by Routledge

248 Pages 5 B/W Illustrations
by Routledge

The Economics of Public Issues bridges the gap between abstract economic theory and the real-world outcomes of public policy. Written in clear, accessible language, it explores why well-intentioned programs—from rent control and stimulus spending to climate initiatives—so often lead to results that differ sharply from what policymakers envisioned. Drawing upon decades of experience in law... Read more

PART I The Foundations of Policy and Incentives 1. The Law of Unintended Consequences 2. Markets, Failures, and Public Choice 3. The Cost of Doing Good PART II The Marketplace and Intervention 4. Rent Control and Housing Shortages 5. Minimum Wage and Labor Market Trade-Offs 6. Price Controls and the Illusion of Stability 7. Subsidies, Tariffs, and Trade Wars PART III Public Policy, Growth, and Redistribution 8. Taxation and the Behavioral Response 9. Stimulus and Recovery: From ARRA to COVID-19 10. Income Inequality and the Mobility Debate 11. The Cost of College and the Education Paradox 12. Sex, Sin, and Incentives PART IV The Global and Environmental Dimension 13. Climate Change Policy and Carbon Economics 14. Regulation and Relocation: The Pollution Paradox 15. Ecosystem Services and Non-Market Goods 16. Globalization and Its Discontents 17. Immigration and Labor Flows Epilogue: Incentives, Intentions, and the Limits of Policy

Biography

John Tommasi is a retired Senior Lecturer of Economics with more than 50 years of experience as a police officer and educator. He has taught undergraduate courses at Bentley University and the University of New Hampshire, USA.