What is Economics and Why Does it Matter?

Through a series of contemporary cases, issues, and applications, this book provides an engaging initiation to the philosophy of economics.

The book explores the morality of economics, the role of the state, policies for well-being, and the methods applied by economists. To encourage the idea of debate, the book explores both the pro and contra arguments of key questions: Why can’t economists predict future crises? Why do we pay taxes, and who should pay more? Should we open borders for econ...