Buch(gedruckt)2021

The economist's view of the world and the quest for well-being

Verfügbarkeit an Ihrem Standort wird überprüft

Dieses Buch ist auch in Ihrer Bibliothek verfügbar:

Abstract

"There is much talk these days of government programs that do not achieve their objectives. The economist, however, sees a bittersweet quality in even those programs that do achieve their objectives. The crowd at the groundbreaking for the new community recreation center finds it a happy occasion that will soon make available wholesome sports for the young and community-building opportunities for senior citizens. The economist broods: "Yes, but by spending the money here and not elsewhere, we give up the remedial reading program that might raise low-income students' test scores a full grade, and the new public park in the underserved north end of town. And what about the recreational opportunities that local families might enjoy if the tax dollars to pay for this center were left in their pockets?"

Verfügbarkeit

Weitere Versionen:

Buch(elektronisch)#12021

The economist's view of the world: and the quest for well-being

Rhoads, Steven E.

Released in 1984, Steven E. Rhoads' classic was considered by many to be among the best introductions to the economic way of thinking and its applications. This anniversary edition has been updated to account for political and economic developments - from the greater interest in redistributing income and the ascendancy of behaviorism to the Trump presidency. Rhoads explores opportunity cost, marginalism, and economic incentives and explains why mainstream economists - even those well to the left - still value free markets. He critiques economics for its unbalanced emphasis on narrow self-interest as controlling motive and route to happiness, highlighting philosophers and positive psychologists' findings that happiness is far more dependent on friends and family than on income or wealth. This thought-provoking tour of the economist's mind is a must read for our times, providing a clear, lively, non-technical insight into how economists think and why they shouldn't be ignored.