Entrepreneurial Economics: Bright Ideas from the Dismal Science / Edition 1

by Alexander Tabarrok

Overview

This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.

Product Details

ISBN-13:	9780195145038
Publisher:	Oxford University Press
Publication date:	02/28/2002
Edition description:	New Edition
Pages:	328
Product dimensions:	6.00(w) x 8.90(h) x 1.20(d)
Lexile:	1530L (what's this?)

About the Author

The Independent Institute, Oakland

Table of Contents

Foreword, Steven Landsburg1. Introduction, Alexander TabarrokPart I. Wealth and Health Insurance2. Macro Markets and Financial Security, Stefano Athanasoulis, Robert Shiller, and Eric van Wincoop3. Gene Insurance, Alexander Tabarrol4. Time-Consistent Health Insurance, John H. CochranePart II. The Use of Information in Markets5. Decision Markets, Robin D. HansonPart III. The Shortage of Human Organs6. A Market for Organs, Andy H. Barnett, Roger D. Blair, and David L. Kaserman7. The Organ Shortage: A Tragedy of the Commons?, Alexander TabarrokPart IV. Efficient Justice8. A Modest Proposal to Improve Judicial Incentives, Steven Landsburg9. Privatizing Probation and Parole, Morgan Reynolds10. More Justice for Less Money: A Step beyond Cimino, David FriedmanPart V. Bankruptcy and Securities Regulation11. Improving Bankruptcy Procedure, Philippe Aghion, Oliver Hart, and John Moore12. Empowering Investors: A Market Approach to Securities Regulation, Roberta RomanoPart VI. Patents without Monopoly13. Patent Buyouts: A Mechanism for Encouraging Innovation, Michael KremerVII. Urban Transit14. Curb Rights: Eliciting Competition and Entrepreneurship in Urban Transit, Daniel B. Klein, Adrian T. Moore, and Binyam RejaIndexAbout the Independent Institute

Editorial Reviews

"Appropriate for students, business and social entrepreneurs, and professional economists, ENTREPRENEURIAL ECONOMICS gives valuable insights into the power, scope and relevance of economic thinking and provides an intriguing, inspiring and irreplaceable resource for seeking real solutions to complex social problems." THE LIGHTHOUSE, 'Enlightening Ideas for Public Policy...', Vol. 4, Issue 6, Feb. 12, 2002

"The essays in ENTREPRENEURIAL ECONOMICS dsplay economic ingenuity at its best, devoted to inventing market solutions for a remarkably wide range of public issues. The analysis is subtle and tends to be comprehensive; though the subjects are challenging, the exposition is lucid." MILTON FRIEDMAN, Nobel Laureate in Economic Science

"I thoroughly enjoyed ENTREPRENEURIAL ECONOMICS....A very stimulating collection of ingenious ideas that can be characterized as market cures for market failure. A substantial number are promising as practical measures that can contribute to economic welfare, and all of them stimulate the imagination, promising to elicit new ideas from the reader." WILLIAM J. BAUMOL, Department of Economics, New York University

"ENTREPRENEURIAL ECONOMICS offers a lively, eye-opening, mind stretching applications of economic principles and analysis. Students who read it will confound teachers who haven't." ARMEN A. ALCHIAN, Professor of Economics, UCLA

From the Publisher