The Economics of Public Issues / Edition 14

The Economics of Public Issues / Edition 14

by Roger L. Miller, Douglass C. North, Daniel K. Benjamin
     
 

ISBN-10: 0321303490

ISBN-13: 9780321303493

Pub. Date: 01/07/2005

Publisher: Pearson Education

KEY MESSAGE:  The Economics of Public Issues is a collection of brief, relevant readings that spark independent thinking and classroom discussions in principles of economics, public policy, and social issues courses. The Foundations of Economic Analysis: Death by Bureaucrat; Ethanol Madness; Flying the Friendly Skies?; The

Overview

KEY MESSAGE:  The Economics of Public Issues is a collection of brief, relevant readings that spark independent thinking and classroom discussions in principles of economics, public policy, and social issues courses. The Foundations of Economic Analysis: Death by Bureaucrat; Ethanol Madness; Flying the Friendly Skies?; The Mystery of Wealth. Supply and Demand: Sex, Booze, and Drugs; Expanding Waistlines; Is Water Different?; Slave Redemption in Sudan; Smoking and Smuggling; Bankrupt Landlords, from Sea to Shining Sea. Labor Markets: (Why) Are Women Paid Less?; The Effects of the Minimum Wage; Immigration, Superstars, and Poverty; A Farewell to Jobs. Market Structures: Monopsony and Competition in Health Care; Big Oil, Big Oil Prices?; Contracts, Combinations, and Conspiracies; Coffee, Tea, or Tuition-Free?; College Costs (…and Costs and Costs); Keeping the Competition Out; Political Economy: Raising Less Corn and More Hell; Killer Cars and the Rise of the SUV; Crime and Punishment; The Graying of America; Heavenly Highway. Property Rights and the Environment: The Trashman Cometh; Bye-Bye, Bison; Smog Merchants; Greenhouse Economics. International Trade and Economic Prosperity: Free Trade, Less Trade, or No Trade?; The $750,000 Steelworker; The Lion, the Dragon, and the Future. For all readers interested in principles of economics, public policy, and social issues..

Product Details

ISBN-13:
9780321303493
Publisher:
Pearson Education
Publication date:
01/07/2005
Edition description:
Older Edition
Pages:
272
Product dimensions:
5.40(w) x 7.90(h) x 0.60(d)

Table of Contents


Preface     xi
The Foundations of Economic Analysis     1
Death by Bureaucrat: (when bureaucratic choices mean life for some people-and death for others)     5
Ethanol Madness: (how one government policy illustrates the nature of all government policy)     11
Flying the Friendly Skies?: (now safe is commercial air travel, and how safe should it be?)     15
The Mystery of Wealth: (why some nations are rich and others are poor)     21
Supply and Demand     27
Sex, Booze, and Drug's: (the unintended-and often harmful-consequences of prohibiting voluntary exchange)     30
Expanding Waistlines: (why Americans are getting heavier)     38
Is Water Different?: (are "necessities" like water really like other goods?)     43
Slave Redemption in Sudan: (how well-intentioned efforts to promote freedom can backfire)     50
Smoking and Smuggling: (why taxes fuel interstate and international trade in bootleg cigarettes)     55
Bankrupt Landlords, from Sea to Shining Sea: (when governments lower rents, tenants can suffer)     60
Labor Markets     67
(Why) Are Women Paid Less?: (why are women paid less while men are working less?)     70
The Effects of the Minimum Wage: (how a "living wage" can ruin the lives of minority youngsters)     75
Immigration, Superstars,and Poverty in America: (are the rich getting richer and the poor getting poorer-and if not, why does it look that way?)     80
A Farewell to Jobs: (why efforts to "save jobs" make us all poorer     87
Market Structures     93
Monopsony and Competition in Health Care: (insurance makes health care expensive, but it also makes it good)     97
Big Oil, Big Oil Prices?: (does Exxon Mobil really decide how much we pay at the pump?)     103
Contracts, Combinations, and Conspiracies: (why the NCAA and OPEC have more than four-letter names in common)     108
Coffee, Tea, or Tuition-Free?: (who wins and who loses from price discrimination)     113
College Costs (...and Costs and Costs): (college costs have tripled, but the quality of the product hasn't; what's going on?)     119
Keeping the Competition Out: (when the government steps in, the competition steps out)     124
Political Economy     129
Raising Less Corn and More Hell: (now your tax dollars end up in farmers' pockets)     132
Killer Cars and the Rise of the SUV: (why fuel economy kills)     139
Crime and Punishment: (incentives matter-especially to criminals)     144
The Graying of America: (America is getting older, and you will foot me bill)     149
Heavenly Highway: (how a simple market mechanism can eliminate traffic jams)      155
Property Rights and the Environment     161
The Trashman Cometh: (the costs and benefits of recycling)     164
Bye-Bye, Bison: (why some species are endangered and others aren't)     171
Smog Merchants: (how markets can reduce pollution)     178
Greenhouse Economics: (the economics of global climate change)     183
International Trade and Economic Prosperity     189
Free Trade, Less Trade, or No Trade?: (if free trade is beneficial, why do people complain about it?)     191
The {dollar}750,000 Steelworker: (the economic consequences of restricting international trade)     197
The Lion, the Dragon, and the Future: (do China, India, and other modernizing nations spell the demise of America?)     202
Glossary     208
Selected References     214
Index     223

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