Political Economy

This thought–provoking introduction to economics exposes readers to the workings of the market in a democratic state. The text explains basic economic concepts from a political perspective: how the price mechanism substitutes for central authority in determining production and allocation of goods; the use of demand and supply curves to trace the impacts of tariffs, taxes, subsidies, quotas, and patents; and the redistribution of income. Additionally the text explores political topics from an economic perspective, including the avoidance of anarchy and despotism; and the mutual dependence of markets, voting, public administration, and law. Assuming no prior background in economics or calculus, the text relies largely on simple stories and paradigms to convey important economic concepts, preparing the student for more advanced courses and applying the lessons of economics for the citizen in a modern democratic society.

Spis treści:
List of Figures.
List of Tables.
Preface.
1. How Dreadful Life Used to Be.
2. Making and Taking.
3. Taste, Technology and Markets.
4. Putting Demand and Supply Curves to Work.
5. Taste.
6. Technology.
7. Associations.
8. The Common Good.
9. Voting.
10. Administration.
11. Law.
The Four Pillars.
Notes.
Author Index.
Subject Index.

Nota biograficzna:
Dan Usher is a Professor of Economics at Queen′s University in Ontario, Canada. He has worked for the United Nations and taught economics in England and the United States. He is the author of many books, including The Price Mechanism and the Meaning of National Income Statistics (1968), The Measurement of Economic Growth (1980), The Economic Prerequisite to Democracy (1981), and The Welfare Economics of Markets, Voting and Predation (1993)The Uneasy Case for Equalization Payments (1995), Collected Papers, Volume I: National Accounting and Economic The ory and Volume II: Welfare Economics and Public Finance (1994), and The Welfare Economics of Markets, Voting and Predation (1993). Professor Usher has also contributed to numerous journals, including American Economic Review, Canadian Journal of Economics, Economica, Journal of Political Economy, Oxford Economics Papers, Public Choice, Public Finance, and Review of Income and WealthAmerican Economic Review, Economic Letters, Public Choice, and . His articles are compiled in Collected Papers, Volume I: National Accounting and Economic Theory and Volume II, Welfare Economics and Public Finance (1994).

Okładka tylna:
This thought–provoking introduction to economics exposes readers to the workings of the market in a democratic state. The text explains basic economic concepts from a political perspective: how the price mechanism substitutes for central authority in determining production and allocation of goods; the use of demand and supply curves to trace the impacts of tariffs, taxes, subsidies, quotas, and patents; and the redistribution of income. Additionally the text explores political topics from an economic perspective, including the avoidance of anarchy and despotism; and the mutual dependence of markets, voting, public administration, and law. Assuming no prior background in economics or calculus, the text relies largely on simple stories and paradigms to convey important economic concepts, preparing the student for more advanced courses and applying the lessons of economics for the citizen in a modern democratic society.