{"product_id":"political-economy-isbn-9780631233336","title":"Political Economy","description":"\u003cp\u003eThis 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.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eRelies largely on stories and paradigms to convey important economic concepts.\u003c\/li\u003e \u003cli\u003eExplains basic economic concepts from a political perspective and explores political topics from an economic perspective.\u003c\/li\u003e \u003cli\u003eCovers topics such as the price mechanism, demand and supply curves, redistribution of income, anarchy, voting and public administration.\u003c\/li\u003e \u003c\/ul\u003e  List of Figures. \u003cp\u003eList of Tables.\u003c\/p\u003e \u003cp\u003ePreface.\u003c\/p\u003e \u003cp\u003e1. How Dreadful Life Used to Be.\u003c\/p\u003e \u003cp\u003e2. Making and Taking.\u003c\/p\u003e \u003cp\u003e3. Taste, Technology and Markets.\u003c\/p\u003e \u003cp\u003e4. Putting Demand and Supply Curves to Work.\u003c\/p\u003e \u003cp\u003e5. Taste.\u003c\/p\u003e \u003cp\u003e6. Technology.\u003c\/p\u003e \u003cp\u003e7. Associations.\u003c\/p\u003e \u003cp\u003e8. The Common Good.\u003c\/p\u003e \u003cp\u003e9. Voting.\u003c\/p\u003e \u003cp\u003e10. Administration.\u003c\/p\u003e \u003cp\u003e11. Law.\u003c\/p\u003e \u003cp\u003eThe Four Pillars.\u003c\/p\u003e \u003cp\u003eNotes.\u003c\/p\u003e \u003cp\u003eAuthor Index.\u003c\/p\u003e \u003cp\u003eSubject Index.\u003c\/p\u003e \"The field of political economy has made a full comeback into the center of economic analysis. Dan Usher's very readable text demonstrates the power of political economy analysis to address questions in welfare economics, political behavior, public administration, and legal arrangements. His conclusion, like that of the great political economists from David Hume and Adam Smith to F. A. Hayek and James Buchanan is that a market economy with private ownership in the means of production, a political system based on majority-rule voting, a rule-bound public administration, and an independent judiciary are the mutually reinforcing ingredients to a good society. Usher's text is a welcomed addition to literature in modern political economy.\" \u003ci\u003ePeter J. Boettke, George Mason University\u003c\/i\u003e \u003c!--end--\u003e \u003cb\u003eDan Usher \u003c\/b\u003eis a Professor of Economics at Queen's University in Ontario, Canada. He has worked for the United Nations and taught economics in England and the United States. He is the author of many books, including \u003ci\u003eThe Price Mechanism and the Meaning of National Income Statistics \u003c\/i\u003e(1968), \u003ci\u003eThe Measurement of Economic Growth \u003c\/i\u003e(1980), \u003ci\u003eThe Economic Prerequisite to Democracy \u003c\/i\u003e(1981), and \u003ci\u003eThe Welfare Economics of Markets, Voting and Predation \u003c\/i\u003e(1993)\u003ci\u003eThe Uneasy Case for Equalization Payments\u003c\/i\u003e (1995), \u003ci\u003eCollected Papers, Volume I: National Accounting and Economic Theory \u003c\/i\u003eand\u003ci\u003e Volume II: Welfare Economics and Public Finance \u003c\/i\u003e(1994), and \u003ci\u003eThe Welfare Economics of Markets, Voting and Predation\u003c\/i\u003e (1993). Professor Usher has also contributed to numerous journals, including \u003ci\u003eAmerican Economic Review\u003c\/i\u003e, \u003ci\u003eCanadian Journal of Economics, Economica\u003c\/i\u003e,\u003ci\u003e Journal of Political Economy\u003c\/i\u003e, \u003ci\u003eOxford Economics Papers\u003c\/i\u003e, \u003ci\u003ePublic Choice\u003c\/i\u003e, \u003ci\u003ePublic Finance\u003c\/i\u003e, and\u003ci\u003e Review of Income and Wealth\u003c\/i\u003e\u003ci\u003eAmerican Economic Review\u003c\/i\u003e, \u003ci\u003eEconomic Letters, Public Choice,\u003c\/i\u003e and \u003ci\u003e. \u003c\/i\u003eHis articles are compiled in \u003ci\u003eCollected Papers, Volume I: National Accounting and Economic Theory \u003c\/i\u003eand \u003ci\u003eVolume II, Welfare Economics and Public Finance \u003c\/i\u003e(1994). 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.","brand":"Wiley-Blackwell","offers":[{"title":"Default Title","offer_id":47989804695781,"sku":"NP9780631233336","price":196.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780631233336.jpg?v=1761785532","url":"https:\/\/k12savings.com\/products\/political-economy-isbn-9780631233336","provider":"K12savings","version":"1.0","type":"link"}