Synopsis
Foreword: The Road to the Study. 1. Introduction: Governments and the Marketplace in Economic Analysis. 2. Choices in a Market Economy: a Prologue. 3. An Introduction to Market Failures 4. Further Problems of Analyzing and Treating Monopoly. 5. International Trade Policy Issues. 6. Transaction Costs, Property Rights, and the Limits of Government. 7. Optimum Economic Organization: the Efficiency of Firms and its Implications for Public Policy. 8. Market Regulation and Macroeconomics Problems. 9. Notes on Fairness and the Market Economy. 10. Problems of Environmental Impacts and Regulating Business Practices. 11. Land Policy as a Case Study in Excess Intervention. 12. The Critiques of Intervention Reconsidered. 13. Conclusions. Appendix: Methodological Debates in Philosophy and Economics -- Substance Behind the Form? Annotated Bibliography. Index.
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