Free Market Economics, Second Edition An Introduction for the General Reader

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Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
Subject
Economics
ISBN
9781782547969
Category

About this product

Product Identifiers

Publisher
Elgar Publishing, Incorporated, Edward
ISBN-10
1782547967
ISBN-13
9781782547969
eBay Product ID (ePID)
204093172

Product Key Features

Number of Pages
448 Pages
Publication Name
Free Market Economics, Second Edition : an Introduction for the General Reader
Language
English
Subject
Teaching Methods & Materials / Social Science, Economics / General, Free Enterprise
Publication Year
2014
Features
Revised
Type
Textbook
Subject Area
Education, Business & Economics
Author
Steven Kates
Format
Trade Paperback

Dimensions

Item Height
0.6 in
Item Weight
23.5 Oz
Item Length
9.2 in
Item Width
6.1 in

Additional Product Features

Edition Number
2
Intended Audience
College Audience
Dewey Edition
23
Illustrated
Yes
Dewey Decimal
330.122
Edition Description
Revised edition
Table Of Content
Contents: 1. The Axioms and Underlying Principles of a Free Market Economy 2. The Economics of the Free Market 3. Value Added 4. Governments and the Market 5. Factors of Production, Finance and the Role of the Entrepreneur 6. Supply and Demand 7. Supply and Demand - Beyond Equilibrium 8. Marginal Analysis 9. Measuring the Economy 10. An Interlude on the History of Economics 11. The Keynesian Revolution and Say's Law 12. The Basic Keynesian Macroeconomic Model 13. Aggregate Demand and Aggregate Supply 14. The Classical Theory of the Business Cycle 15. Cyclical Activity and Governments 16. Saving and the Financial System 17. Controlling Inflation Index
Synopsis
In this thoroughly updated second edition of Free Market Economics, Steven Kates assesses economic principles based on classical economic theory before Keynesian theory became dominant in macroeconomics and equilibrium analysis became standard in microeconomics. He looks at economics from the perspective of an entrepreneur making decisions in a world where the future is unknown, innovation is a continuous process and the future is being created before it can be understood., In this thoroughly updated second edition of Free Market Economics , Steven Kates assesses economic principles based on classical economic theory before Keynesian theory became dominant in macroeconomics and equilibrium analysis became standard in microeconomics. He looks at economics from the perspective of an entrepreneur making decisions in a world where the future is unknown, innovation is a continuous process and the future is being created before it can be understood. Key Features include: Analysis derived from the theories of pre-Keynesian classical economists, as this is the only source available today that explains the classical pre-Keynesian theory of the business cycle A focus on the entrepreneur as the driving force in economic activity rather than on anonymous "forces" as found in most economic theory today Great emphasis is placed on the consequences of decision making under uncertainty Offers an introductory understanding, accessible to the non-specialist reader The aim of this book is to redirect the attention of economists and policy makers towards the economic theories that prevailed in earlier times. Their problems were little different from ours but their way of understanding the operation of an economy and dealing with those problems was completely different. Free Market Economics, Second Edition will help students and general readers understand the economics of that earlier time, written by someone who believes that this now-discarded approach to economic thought was superior to what is found in most of our textbooks today.
LC Classification Number
HB95

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