Political economy /

This thought-provoking introduction to economics exposes readers to the workings of the market in a democratic state. The text explains basic economic concepts from a political perspective: how the price mechanism substitutes for central authority in determining production and allocation of goods: t...

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Bibliographic Details
Main Author: Usher, Dan, 1934-
Format: Electronic eBook
Language:English
Published: Malden, MA : Blackwell Pub., 2003.
Subjects:
Online Access:CONNECT

MARC

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100 1 |a Usher, Dan,  |d 1934- 
245 1 0 |a Political economy /  |c Dan Usher. 
260 |a Malden, MA :  |b Blackwell Pub.,  |c 2003. 
300 |a 1 online resource (xix, 427 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
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504 |a Includes bibliographical references (pages 410-419) and index. 
505 0 |a Cover -- Title -- Table of Contents -- List of Figures -- List of Tables -- Preface -- 1 How Dreadful Life Used to Be -- 2 Making and Taking -- 3 Taste, Technology, and Markets -- 4 Putting Demand and Supply Curves to Work -- 5 Taste -- 6 Technology -- 7 Associations -- 8 The Common Good -- 9 Voting -- 10 Administration -- 11 Law -- The Four Pillars -- Notes -- Author Index. 
520 |a This thought-provoking introduction to economics exposes readers to the workings of the market in a democratic state. The text explains basic economic concepts from a political perspective: how the price mechanism substitutes for central authority in determining production and allocation of goods: the use of demand and supply curves to trace the impacts of tariffs, taxes, subsidies, quotas, and patents: and the redistribution of income. Additionally the text explores political topics from an economic perspective, including the avoidance of anarchy and despotism: and the mutual dependence of markets, voting, public administration, and law. Assuming no prior background in economics or calculus, the text relies largely on simple stories and paradigms to convey important economic concepts, preparing the student for more advanced courses and applying the lessons of economics for the citizen in a modern democratic society. 
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