The Concise Encyclopedia of Economics
David R. Henderson
Liberty Fund, 2008 - Business & Economics - 637 pages
"It is common knowledge that there are many disagreements among economists about macroeconomic topics, including for example inflation, unemployment, and economic growth, and that the various "schools" of economists often see things very differently. As Henderson points out, however, even in macroeconomics, there is more agreement than is commonly thought. Moreover, the majority of economic questions and issues lie in the realm of microeconomics, and there the vast majority of economists are in agreement, concerning such topics as rent controls, minimum wages, and the need to reduce pollution." "The Concise Encyclopedia of Economics provides a spectrum of thought from a variety of schools, illuminating both how and where economists disagree and where there is convergence of opinion among the experts. In addition to the articles, there are biographies of ninety-nine noted economists, such as Alchian, Bastiat, Friedman, Hayek, Keynes, Mises, Ricardo, and Adam Smith."--BOOK JACKET.
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