×

Uh-oh, it looks like your Internet Explorer is out of date.

For a better shopping experience, please upgrade now.

The Energy Illusion And Economic Stability
     

The Energy Illusion And Economic Stability

by Hui Liang Tsai
 

An important contribution to the economic literature, this book provides a systematic analysis of the problems of economic growth and stability presented by the changing role of energy in modern economics. The result of a massive study by the author of the effects of energy and energy shocks on the world economy, the volume is organized around the theme that energy

Overview

An important contribution to the economic literature, this book provides a systematic analysis of the problems of economic growth and stability presented by the changing role of energy in modern economics. The result of a massive study by the author of the effects of energy and energy shocks on the world economy, the volume is organized around the theme that energy is an integral feature of the economy and that any interpretation of short-term movements in economic activity is likely to be seriously at fault if it neglects energy supply changes and their repercussions. The author takes both an historical and theoretical approach to the subject, providing students and scholars of energy economics and political economy with a logical framework within which key worldwide energy issues and problems can be analyzed.

Following an overview of the nature and roots of the energy crisis, Tsai examines the economic aspects of complex contemporary energy issues and problems. He provides a valuable introduction to the technological characteristics of energy, explores future prospects for world energy supply, and offers a synopsis of key elements of U.S. energy legislation. The theoretical and empirical underpinnings of energy-economy interactions and the application of microeconomic techniques to the analysis of energy resources also receive thorough treatment. With the knowledge gained from this book, the reader will be well-equipped to make sound economic judgments concerning energy issues.

Product Details

ISBN-13:
9780275931919
Publisher:
ABC-CLIO, Incorporated
Publication date:
07/10/1989
Pages:
210
Product dimensions:
6.14(w) x 9.21(h) x 0.50(d)

Meet the Author

HUI-LIANG TSAI is Research Associate at the Center for Yugoslav-American Studies, Research, and Exchanges at Florida State University, Tallahassee. He is a regular contributor to professional journals in economics and statistics and is coauthor (with George Macesich) of Money in Economic Systems (Praeger, 1982) and author of Energy Shocks and the World Economy (Praeger, 1989).

Customer Reviews

Average Review:

Post to your social network

     

Most Helpful Customer Reviews

See all customer reviews