Economics in two lessons : why markets work so well, and why they can fail so badly
Quiggin, John2021
Books
Since 1946, Henry Hazlitt's bestselling 'Economics in One Lesson' has popularised the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can't explain why they often fail so badly - or what we should do when they stumble. In 'Economics in Two Lessons', John Quiggin teaches both lessons, offering a masterful introduction to the key ideas behind the successes - and failures - of free markets. It explains why market prices often fail to reflect the full cost of our choices to society as a whole.
Main title:
Author:
Quiggin, John, author
Imprint:
Princeton : Princeton University Press, 2021.
Collation:
408 pages : illustrations (black and white) ; 22 cm
Audience:
Specialized.
ISBN:
9780691217420 (pbk. :)
Dewey class:
330.122
Language:
English
BRN:
1925152
Bookmark link:
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