Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly - Couverture souple

Quiggin, John

 
9780691217420: Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly

Synopsis

A masterly introduction to the key ideas behind the successes-and failures-of free-market economics

Since 1946, Henry Hazlitt's bestselling Economics in One Lesson has popularized 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. As Nobel Prize-winning economist Paul Samuelson quipped, "When someone preaches 'Economics in one lesson, ' I advise: Go back for the second lesson." In Economics in Two Lessons, John Quiggin teaches both lessons, offering a masterly introduction to the key ideas behind the successes-and failures-of free markets. Brilliantly accessible, this book unlocks the essential issues at the heart of any economic question.

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À propos de l?auteur

John Quiggin is the Laureate Professor in Economics at the University of Queensland in Brisbane, Australia. He is the author of Zombie Economics: How Dead Ideas Still Walk among Us (Princeton). Twitter @JohnQuiggin

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Autres éditions populaires du même titre

9780691154947: Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly

Edition présentée

ISBN 10 :  0691154945 ISBN 13 :  9780691154947
Editeur : Princeton University Press, 2019
Couverture rigide