Economic Facts and Fallacies

Economic Facts and Fallacies PDF Author: Thomas Sowell
Publisher: Basic Books
ISBN: 0465026303
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist) Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Economic Facts and Fallacies

Economic Facts and Fallacies PDF Author: Thomas Sowell
Publisher: Basic Books
ISBN: 0465026303
Category : Business & Economics
Languages : en
Pages : 295

Get Book Here

Book Description
Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist) Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Indebted

Indebted PDF Author: Caitlin Zaloom
Publisher: Princeton University Press
ISBN: 069121722X
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
"'Indebted' takes readers into the homes of middle-class families throughout the nation to reveal the hidden consequences of student debt and the ways that financing college has transformed family life"--Amazon

Economics in One Lesson

Economics in One Lesson PDF Author: Henry Hazlitt
Publisher: Crown Currency
ISBN: 0307760626
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Why Does College Cost So Much?

Why Does College Cost So Much? PDF Author: Robert B. Archibald
Publisher: Oxford University Press
ISBN: 0190214104
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
College tuition has risen more rapidly than the overall inflation rate for much of the past century. To explain rising college cost, the authors place the higher education industry firmly within the larger economic history of the United States.

The Smith Alumnae Quarterly

The Smith Alumnae Quarterly PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 342

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Book Description


Confessions of an Economic Hit Man

Confessions of an Economic Hit Man PDF Author: John Perkins
Publisher: Berrett-Koehler Publishers
ISBN: 1576755126
Category : Biography & Autobiography
Languages : en
Pages : 430

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Book Description
Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.

Cracks in the Ivory Tower

Cracks in the Ivory Tower PDF Author: Jason Brennan
Publisher: Oxford University Press
ISBN: 0190846283
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
Ideally, universities are centers of learning, in which great researchers dispassionately search for truth, no matter how unpopular those truths must be. The marketplace of ideas assures that truth wins out against bias and prejudice. Yet, many people worry that there's rot in the heart of thehigher education business.In Cracks in the Ivory Tower, libertarian scholars Jason Brennan and Philip Magness reveal the problems are even worse than anyone suspects. Marshalling an array of data, they systematically show how contemporary American universities fall short of these ideals and how bad incentives make faculty,administrators, and students act unethically. While universities may at times excel at identifying and calling out injustice outside their gates, Brennan and Magness contend that individuals are primarily guided by self-interest at every level. They find that the problems are deep and pervasive:most academic marketing and advertising is semi-fraudulent; colleges and individual departments regularly make promises they do not and cannot keep; and most students cheat a little, while many cheat a lot. Trenchant and wide-ranging, they elucidate the many ways in which faculty and students alikehave every incentive to make teaching and learning secondary.In this revealing expose, Brennan and Magness bring to light many of the ethical problems universities, faculties, and students currently face. In turn, they reshape our understanding of how such high-powered institutions run their business.

Publications of the American Economic Association

Publications of the American Economic Association PDF Author: American Economic Association
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 936

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Book Description
Includes the Papers and proceedings of the annual meeting.

The Atlas of Economic Complexity

The Atlas of Economic Complexity PDF Author: Ricardo Hausmann
Publisher: MIT Press
ISBN: 0262317737
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Designing Economic Mechanisms

Designing Economic Mechanisms PDF Author: Leonid Hurwicz
Publisher: Cambridge University Press
ISBN: 113945434X
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
A mechanism is a mathematical structure that models institutions through which economic activity is guided and coordinated. There are many such institutions; markets are the most familiar ones. Lawmakers, administrators and officers of private companies create institutions in order to achieve desired goals. They seek to do so in ways that economize on the resources needed to operate the institutions, and that provide incentives that induce the required behaviors. This book presents systematic procedures for designing mechanisms that achieve specified performance, and economize on the resources required to operate the mechanism. The systematic design procedures are algorithms for designing informationally efficient mechanisms. Most of the book deals with these procedures of design. When there are finitely many environments to be dealt with, and there is a Nash-implementing mechanism, our algorithms can be used to make that mechanism into an informationally efficient one. Informationally efficient dominant strategy implementation is also studied.