Economic Issues Today: Alternative Approaches / Edition 8

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Highly accessible and relevant in today's economic environment, Economic Issues Today provides a unique approach to understanding what the practice of economics is all about. Carson covers 14 current economic issues, providing for each an analysis and proposed solution from three different ideological perspectives: Conservative, Liberal, and Radical.

With the contributions of new coauthors Hecht and Thomas, the entire text has been thoroughly revised and brought up to date. The well-received chapters on the environment, agriculture, consumer welfare, competition, deregulation, stabilization, unemployment, the federal budget, and economic planning have all been extensively revised and updated, and the authors have added entirely new chapters on taxation, inflation, and international economics.

Like all its predecessors, Economic Issues Today, Sixth Edition, is written specifically for an undergraduate audience; it requires no background in economic analysis and avoids economic jargon in favor of plain everyday language.

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Editorial Reviews

The new edition of a textbook for undergraduates introducing conservative, liberal, and radical analyses of broad American economic issues, both macroeconomic and microeconomic. Fourteen chapters separately examine agricultural competition, consumer welfare, environmental protection, deregulation, income distribution, taxation, economic instability, budget balancing, unemployment, inflation, international economics, and market versus regulatory controls. Each chapter presents solutions based on conservative free market capitalism, liberal regulated capitalism, and radical rejection of production-for-profit capitalism. Also published as two paperback volumes: and . Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780765615015
  • Publisher: Sharpe, M. E. Inc.
  • Publication date: 3/28/2005
  • Edition description: REV
  • Edition number: 8
  • Pages: 440
  • Sales rank: 379,139
  • Product dimensions: 6.00 (w) x 8.90 (h) x 1.00 (d)

Table of Contents

Pt. I Introduction
Alternative economic philosophies : a survey of conservative, liberal, and radical critiques 3
Pt. II Problems in the marketplace
Issue 1 Responding to market outcomes : competition or protection for American agriculture? 35
Issue 2 Consumer welfare : is it necessary to protect the consumer? 58
Issue 3 Dealing with externalities : how can we save the environment? 75
Issue 4 Imperfect competition : is big business a threat or a boon? 92
Issue 5 Economic regulation : which path : deregulation or reregulation? 112
Issue 6 Income distribution : does America have an income inequality problem? 135
Issue 7 Financing government : what is a fair system of taxation? 163
Pt. III Problems of aggregate economic policy
Issue 8 Macroeconomic instability : are we depression-proof? 187
Issue 9 Economic growth and stability : can we maintain high and steady rates of economic growth? 212
Issue 10 Balancing the federal budget : should we be worried about the rising federal deficit? 239
Issue 11 Unemployment : is joblessness an overrated problem? 261
Issue 12 Inflation : can price pressures be kept under control? 284
Issue 13 The new population problem : can we save our social security system? 307
Issue 14 International economics : where does America fit into the new world order? 331
Pt. IV Conclusion
Reprise : the market versus planning and controls : which strategy works better? 365
Final thoughts and suggested readings 387
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  • Posted February 20, 2010

    Economic Issues Today

    I do not own this book nor am I interested in reading it.

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