Table of Contents

1 Alleviating Human Misery: The Role of Economic Reasoning
2 Economic Systems, Resource Allocation, and Social Well-Being: Lessons from China’s Transition
3 Government Control of Prices in Mixed Systems: What Are the Actual Outcomes?
4 Pollution Problems: Must We Foul Our Own Nests?
5 Economics of Crime and Its Prevention: How Much Is Too Much?
6 The Economics of Education: Crisis and Reform
7 Poverty and Discrimination: Why Are So Many Still Poor?
8 The Economics of Monopoly Power: Who Does What to Whom?
9 The Economics of Professional Sports: What Is the Real Score?
10 Competition in the Global Marketplace: Should We Protect Ourselves from International Trade?
11 Economic Growth: Why Is the Economic Road So Bumpy?
12 Money, Banking, and the Financial System: Old Problems with New Twists
13 Unemployment and Inflation: Can We Find a Balance?
14 Government Spending, Taxation, and the National Debt: Who Wins and Who Loses?
15 Social Security and Medicare: How Secure Is Our Safety Net for the Elderly?
Glossary
Index