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図書

Economics in two lessons : why markets work so well, and why they can fail so badly

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Economics in two lessons : why markets work so well, and why they can fail so badly

Call No. (NDL)
DA1-D16
Bibliographic ID of National Diet Library
029469383
Material type
図書
Author
John Quiggin.
Publisher
Princeton University Press
Publication date
[2019]
Material Format
Paper
Capacity, size, etc.
xii, 390 pages ; 23 cm
NDC
-
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Paper

Material Type
図書
ISBN
0691154945
9780691154947
9780691201160
9780691198361 (paperback)
0691198365 (paperback)
0691201161
Author/Editor
John Quiggin.
Publication Date
[2019]
著作権日付 : ©2019
Publication Date (W3CDTF)
2019
Extent
xii, 390 pages
Other physical details
illustrations
Size
23 cm
Place of Publication (Country Code)
US
Text Language Code
eng
Content Type
txt : text
Media Type
n : unmediated
Carrier Type
nc : volume
LCC
NDLC
Target Audience
一般
Note (Content)
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 masterful introduction to the key ideas behind the successes--and failures--of free markets. Economics in Two Lessons explains why market prices often fail to reflect the full cost of our choices to society as a whole. For example, every time we drive a car, fly in a plane, or flick a light switch, we contribute to global warming. But, in the absence of a price on carbon emissions, the costs of our actions are borne by everyone else. In such cases, government action is needed to achieve better outcomes. Two-lesson economics means giving up the dogmatism of laissez-faire as well as the reflexive assumption that any economic problem can be solved by government action, since the right answer often involves a mixture of market forces and government policy. But the payoff is huge: understanding how markets actually work--and what to do when they don't. Brilliantly accessible, Economics in Two Lessons unlocks the essential issues at the heart of any economic question.
Note (Bibliography)
Includes bibliographical references (pages 345-370) and index.
Holding library
国立国会図書館
Call No.
DA1-D16
Data Provider (Database)
国立国会図書館 : 国立国会図書館蔵書
Bibliographic ID (NDL)
029469383
Cataloging Rule
RDA
Bibliographic Record Category (NDL)
211