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| the economics of public issues: The Economics of Public Issues Roger LeRoy Miller, Daniel K. Benjamin, Douglass Cecil North, 2008 The Economics of Public Issues is a collection of brief, relevant readings that spark independent thinking and classroom discussions in principles of economics, public policy, and social issues courses. The Foundations of Economic Analysis: Death by Bureaucrat; Ethanol Madness; Flying the Friendly Skies?; The Mystery of Wealth. Supply and Demand: Sex, Booze, and Drugs; Expanding Waistlines; Is Water Different?; Slave Redemption in Sudan; Smoking and Smuggling; Bankrupt Landlords, from Sea to Shining Sea. Labor Markets: (Why) Are Women Paid Less?; The Effects of the Minimum Wage; Immigration, Superstars, and Poverty; A Farewell to Jobs. Market Structures: Monopsony and Competition in Health Care; Big Oil, Big Oil Prices?; Contracts, Combinations, and Conspiracies; Coffee, Tea, or Tuition-Free?; College Costs (...and Costs and Costs); Keeping the Competition Out; Political Economy: Raising Less Corn and More Hell; Killer Cars and the Rise of the SUV; Crime and Punishment; The Graying of America; Heavenly Highway. Property Rights and the Environment: The Trashman Cometh; Bye-Bye, Bison; Smog Merchants; Greenhouse Economics. International Trade and Economic Prosperity: Free Trade, Less Trade, or No Trade?; The $750,000 Steelworker; The Lion, the Dragon, and the Future. For all readers interested in principles of economics, public policy, and social issues.. |
| the economics of public issues: The Economics of Public Issues Douglass Cecil North, Roger LeRoy Miller, 1971 |
| the economics of public issues: Economics of the Public Issues Miller, Benjamin, North, 1998-06-01 |
| the economics of public issues: The Economics of Public Utility Regulation Michael A. Crew, Paul R. Kleindorfer, 1986-06-18 |
| the economics of public issues: Markets, State, and People Diane Coyle, 2020-01-14 A textbook that examines how societies reach decisions about the use and allocation of economic resources While economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on tax-and-spend decisions. Markets, State, and People stresses the basics of welfare economics and the interplay between individual and collective choices. It fills a gap by showing how economic theory relates to current policy questions, with a look at incentives, institutions, and efficiency. How should resources in society be allocated for the most economically efficient outcomes, and how does this sit with society’s sense of fairness? Diane Coyle illustrates the ways economic ideas are the product of their historical context, and how events in turn shape economic thought. She includes many real-world examples of policies, both good and bad. Readers will learn that there are no panaceas for policy problems, but there is a practical set of theories and empirical findings that can help policymakers navigate dilemmas and trade-offs. The decisions faced by officials or politicians are never easy, but economic insights can clarify the choices to be made and the evidence that informs those choices. Coyle covers issues such as digital markets and competition policy, environmental policy, regulatory assessments, public-private partnerships, nudge policies, universal basic income, and much more. Markets, State, and People offers a new way of approaching public economics. A focus on markets and institutions Policy ideas in historical context Real-world examples How economic theory helps policymakers tackle dilemmas and choices |
| the economics of public issues: Economics of Public Issues Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North, 2017-06-20 This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book. For principles of economics, public policy, and social issues courses. Brief, relevant readings that spark independent thinking and classroom discussions The Economics of Public Issues is a collection of brief, relevant readings that spark independent thinking and discussion in principles of economics and social issues. The 20th Edition encourages readers to apply theoretical discussions to today’s important issues to gain a deeper understanding of current microeconomic policy concerns. Spark independent thinking and classroom discussion Readings are concise, allowing for easy integration into any principles of economics or issues-based classroom. A correlation guide in the preface illustrates how to integrate topics into different courses. Conversational and informative non-technical writing is geared toward principles-level students and does not require advanced math. Using the latest debates in social policy, the authors encourage readers to question their own assumptions and the analysis offered by the media and politicians on key issues. End-of-chapter questions offer students the opportunity to test their knowledge and review chapter concepts. |
| the economics of public issues: Handbook of Research on Challenges in Public Economics in the Era of Globalization Akkaya, ?ahin, Ergüder, Ba?ak, 2022-03-18 Over time, public goods, services, and policies have been developed for the welfare of people all over the world, and public finance in particular focuses on challenging issues that are significantly important for the common good of humanity. It is a plausible argument that public economics should be focused on dealing with new challenging issues such as global health crises, global warming, and internet architecture. The Handbook of Research on Challenges in Public Economics in the Era of Globalization evaluates a variety of new challenging issues that have directly affected the world economy in terms of the economic units, institutions, and social life. Covering topics such as democratic decentralization, economic instability, and global health issues, this major reference work is a valuable resource for economists, international business leaders, government officials, sociologists, libraries, researchers, academicians, educators, and students. |
| the economics of public issues: Public Economics Gareth D. Myles, 1995-11-23 A rigorous, self-contained textbook covering all the central topics in public economics. |
| the economics of public issues: Private Rights and Public Problems Keith Eugene Maskus, 2012 Consumers constantly confront intellectual property rights (IPRs) every day, from their morning cup of Starbucks coffee to the Intel chip on their computer at work. Intellectual property rights help protect creative inventions in the form of trademarks, copyrights, and patents. Despite legal protection, many goods--including music and video files--are easily copied or shared, which affects industries, innovators, and customers. In his follow-up to one of the most popular PIIE titles of all time, Keith Maskus looks at the expansion of private legal rights into international trade markets, not only for technological items but also for international public goods like vaccines and prescription drugs. Private Rights and Public Problems assesses IPR issues for users, producers, and innovators and the difficulty of establishing an international policy regime that governs IPRs in all markets. Post-industrial countries have preferential terms for licensing and selling products, in part because they develop more global brands and products. Maskus observes that in these countries the primacy of private property raises contentious international debate between innovation owners in rich countries and followers and users in emerging and poor countries. Maskus explores if increased privacy regulations limit innovation and pose artificial and real barriers, such as decreased information accessibility and increased cost. This book addresses a fundamental issue: should basic scientific and technological knowledge be commoditized? In this guide to the current global impact of IPRs, the author analyzes the economic contribution of IPRs underlying features: innovation and access to international technologies. |
| the economics of public issues: Handbook of Public Economics Martin Feldstein, A.J. Auerbach, 2002-01-25 The Field of Public Economics has been changing rapidly in recent years, and the sixteen chapters contained in this Handbook survey many of the new developments. As a field, Public Economics is defined by its objectives rather than its techniques and much of what is new is the application of modern methods of economic theory and econometrics to problems that have been addressed by economists for over two hundred years. More generally, the discussion of public finance issues also involves elements of political science, finance and philosophy. These connections are evidence in several of the chapters that follow. Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the behavior of private firms and households, and what the welfare effects of such changes in behavior are. Following Musgrave (1959) one may imagine three purposes for government intervention in the economy: allocation, when market failure causes the private outcome to be Pareto inefficient, distribution, when the private market outcome leaves some individuals with unacceptably low shares in the fruits of the economy, and stabilization, when the private market outcome leaves some of the economy's resources underutilized. The recent trend in economic research has tended to emphasize the character of stabilization problems as problems of allocation in the labor market. The effects that government intervention can have on the allocation and distribution of an economy's resources are described in terms of efficiency and incidence effects. These are the primary measures used to evaluate the welfare effects of government policy. |
| the economics of public issues: Handbook of Public Sector Economics Donijo Robbins, 2017-09-25 The Handbook of Public Sector Economics builds an understanding of the role of public economics in public administration, public policy, and decision making. The handbook introduces a wide variety of current issues related to the public provision and production of goods and services. The volume documents the history of economics and fiscal doctrine, explores the theory of public goods and the structures from which resources are collected and expanded, and analyzes heavily debated issues of economics that are important to current and future practitioners of public policy and administration. It focuses on the effects of fiscal policy on savings and investment, consumer behavior, labor supply, wealth, property, and trade. Written in a simple and straightforward style, the initial chapters establish the foundation of public economics, with the subsequent chapters addressing the collection and distribution of government resources and market reactions to fiscal policies. |
| the economics of public issues: Public Finance and Public Policy Arye L. Hillman, 2009-04-06 The second edition of Public Finance and Public Policy retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics are integrated throughout. The consequences of asymmetric information and the tradeoff between efficiency and ex-post equality are recurring themes. Key themes investigated are markets and governments, institutions and governance, public goods, public finance for public goods, market corrections (externalities and paternalist public policies), voting, social justice, entitlements and equality of opportunity, choice of taxation, and the need for government. The purpose of the book is to provide an accessible introduction to the use of public finance and public policy to improve on market outcomes. |
| the economics of public issues: Fundamentals of Public Economics Jean-Jacques Laffont, 2008-07 This text by one of Europe's leading economists covers a wide variety of public economics issues with great clarity and precision, illustrating them with a wealth of carefully-chosen examples and problems. Starting from theories of general equilibrium analysis, Laffont considers issues of market failure, collective decisionmaking, and distributional equity. He analyzes the important informational and motivational problems involved in planning solutions for market failures, and provides a rigorous justification for the theoretical foundations of public economics. Topics include the theories of externalities, public goods, collective choice, consumer surplus, cost-benefit analysis and/or theory of the second best, incomplete markets, and nonconvexities. For each Laffont begins with the classical foundations, moves on to consider the topic within a simple model of the economy, and concludes by integrating results from recent journal articles into this simple framework. In this way students are led to understand the classical tradition in the context of modern general equilibrium theory. The book concludes with eight problems with solutions, each interesting and rich enough to be considered a case study, and nine exercises without solutions; together they provide an excellent review of material covered in the text. The basic approach in each problem is to set up a general equilibrium model, discover the market failure by calculating the unfettered equilibrium, and develop an explicit planning solution. Jean-Jacques Laffont is Professor of Economics at the University of Social Sciences at Toulouse. Fundamentals of Economics may be used in either an advanced graduate-level course in public economics or in conjunction with a second volume forthcoming by the same author in a course in advanced microeconomics. |
| the economics of public issues: Intermediate Public Economics, second edition Jean Hindriks, Gareth D. Myles, 2013-04-05 A new edition of a comprehensive text, updated throughout, with new material on behavioral economics, international taxation, cost-benefit analysis, and the economics of climate policy. Public economics studies how government taxing and spending activities affect the economy—economic efficiency and the distribution of income and wealth. This comprehensive text on public economics covers the core topics of market failure and taxation as well as recent developments in both policy and the academic literature. It is unique not only in its broad scope but in its balance between public finance and public choice and its combination of theory and relevant empirical evidence. The book covers the theory and methodology of public economics; presents a historical and theoretical overview of the public sector; and discusses such topics as departures from efficiency (including imperfect competition and asymmetric information), issues in political economy, equity, taxation, fiscal federalism, and tax competition among independent jurisdictions. Suggestions for further reading, from classic papers to recent research, appear in each chapter, as do exercises. The mathematics has been kept to a minimum without sacrificing intellectual rigor; the book remains analytical rather than discursive. This second edition has been thoroughly updated throughout. It offers new chapters on behavioral economics, limits to redistribution, international taxation, cost-benefit analysis, and the economics of climate policy. Additional exercises have been added and many sections revised in response to advice from readers of the first edition. |
| the economics of public issues: The Economics of Public Issues Douglass Cecil North, 1983 |
| the economics of public issues: Economics and the Public Purpose John Kenneth Galbraith, 1973 Criticism of the present economic system of the USA and proposals for comprehensive economic policy reform - covers the general economic theory of advanced economic development, consumption, and the concept of the household, the market system in relation to the service sector and the self employed, economic planning, price policy, inflation, income distribution, fiscal policy, the environment, technological change, the role of women, etc. |
| the economics of public issues: Economic Analysis and Infrastructure Investment Edward L. Glaeser, James M. Poterba, 2021-11-11 Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending-- |
| the economics of public issues: The Little Book of Economics Greg Ip, 2013-01-14 An accessible, thoroughly engaging look at how the economy really works and its role in your everyday life Not surprisingly, regular people suddenly are paying a lot closer attention to the economy than ever before. But economics, with its weird technical jargon and knotty concepts and formulas can be a very difficult subject to get to grips with on your own. Enter Greg Ip and his Little Book of Economics. Like a patient, good-natured tutor, Greg, one of today's most respected economics journalists, walks you through everything you need to know about how the economy works. Short on technical jargon and long on clear, concise, plain-English explanations of important terms, concepts, events, historical figures and major players, this revised and updated edition of Greg's bestselling guide clues you in on what's really going on, what it means to you and what we should be demanding our policymakers do about the economy going forward. From inflation to the Federal Reserve, taxes to the budget deficit, you get indispensible insights into everything that really matters about economics and its impact on everyday life Special sections featuring additional resources of every subject discussed and where to find additional information to help you learn more about an issue and keep track of ongoing developments Offers priceless insights into the roots of America's economic crisis and its aftermath, especially the role played by excessive greed and risk-taking, and what can be done to avoid another economic cataclysm Digs into globalization, the roots of the Euro crisis, the sources of China's spectacular growth, and why the gap between the economy's winners and losers keeps widening |
| the economics of public issues: Economics of Social Issues Richard H. Leftwich, Ansel Miree Sharp, 1978 |
| the economics of public issues: The Economics of Globally Shared and Public Goods S. Niggol Seo, 2020-07-02 The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes. - Offers an encompassing description of the economics of global public goods - Provides an ensemble of empirical analyses of behavioral complexities - Defines a set of optimality conditions for a solution applicable to many problems |
| the economics of public issues: Topics in Public Economics David Pines, Efraim Sadka, Itzhak Zilcha, 1998 The evolving modern world is characterized by two opposing trends: integration and segregation. On the one hand, we witness strong forces for segregation on the basis of nationality, ethnicity, religion, and culture in the former Soviet Union, the former Czechoslovakia, the former Yugoslavia, as well as in Northern Ireland, Spain, and Canada. These forces are quite strong and, in some cases, violent. On the other hand, the European Union and NAFTA represent the tendency for integration motivated primarily by economic considerations (such as gains from trade and scale economies). In fact, these opposing trends can be explained by the concepts developed in modern club theory, local public finance, and international trade. |
| the economics of public issues: The Economics of Public Spending David Miles, Gareth Myles, Ian Preston, 2003-03-20 The Economics of Public Spending investigates the extent of government involvement in the economy, details its rational, and traces its historical record. The book unites articles previously published in Fiscal Studies, each one addressing a different area of expenditure and written by an economist specializing in that field. They describe both the data on public expenditure and the theory relevant to understanding the policy issues. A new introduction investigates the overall role of the public sector and discusses the general theory of public expenditure. In providing a detailed analysis of public expenditure, the book makes an important contribution to the economics literature. There are no other texts with this breadth of coverage or depth of analysis. Insights are provided into both the policy issues, cross-country comparisons of expenditure, and alternative approaches to economic analysis. The chapters apply the tools of orthodox public finance, public choice, modern public economics, and game theory to reach a range of policy proposals and conclusions. These demonstrate the range and potential of economic analysis when applied to these important issues. |
| the economics of public issues: Public Economics Burkhard Heer, 2019-02-08 Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the help of state-of-the-art macroeconomic tools that are based on a sound microfoundation and rooted in empirical evidence. Different from the standard partial-equilibrium analysis in traditional textbooks on public economics, the concept of general equilibrium helps to account for compensating or amplifying side-effects of economic policy. GAUSS and MATLAB computer code as well as teaching material (slides) are available as downloads from the author's homepage. |
| the economics of public issues: The Economics of Artificial Intelligence Ajay Agrawal, Joshua Gans, Avi Goldfarb, Catherine Tucker, 2024-03-05 A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system. |
| the economics of public issues: Mission Economy Mariana Mazzucato, 2021-03-23 Longlisted for the 2021 Porchlight Business Book Awards, Big Ideas & New Perspectives “She offers something both broad and scarce: a compelling new story about how to create a desirable future.”—New York Times An award-winning author and leading international economist delivers a hard-hitting and much needed critique of modern capitalism in which she argues that, to solve the massive crises facing us, we must be innovative—we must use collaborative, mission-oriented thinking while also bringing a stakeholder view of public private partnerships which means not only taking risks together but also sharing the rewards. Capitalism is in crisis. The rich have gotten richer—the 1 percent, those with more than $1 million, own 44 percent of the world's wealth—while climate change is transforming—and in some cases wiping out—life on the planet. We are plagued by crises threatening our lives, and this situation is unsustainable. But how do we fix these problems decades in the making? Mission Economy looks at the grand challenges facing us in a radically new way. Global warming, pollution, dementia, obesity, gun violence, mobility—these environmental, health, and social dilemmas are huge, complex, and have no simple solutions. Mariana Mazzucato argues we need to think bigger and mobilize our resources in a way that is as bold as inspirational as the moon landing—this time to the most ‘wicked’ social problems of our time.. We can only begin to find answers if we fundamentally restructure capitalism to make it inclusive, sustainable, and driven by innovation that tackles concrete problems from the digital divide, to health pandemics, to our polluted cities. That means changing government tools and culture, creating new markers of corporate governance, and ensuring that corporations, society, and the government coalesce to share a common goal. We did it to go to the moon. We can do it again to fix our problems and improve the lives of every one of us. We simply can no longer afford not to. |
| the economics of public issues: Issues in the Economics of Immigration George J. Borjas, 2008-04-15 The United States is now admitting nearly one million legal immigrants per year, while the flow of illegal aliens into the country continues to increase steadily. The debate over immigration policy has typically focused on three fundamental questions: How do immigrants perform economically relative to others? What effects do immigrants have on the employment opportunities of other workers? What kind of immigration policy is most beneficial to the host country? This authoritative volume represents a move beyond purely descriptive assessments of labor market consequences toward a more fully developed analysis of economic impacts across the social spectrum. Exploring the broader repercussions of immigration on education, welfare, Social Security, and crime, as well as the labor market, these papers assess dimensions not yet taken into account by traditional cost-benefit calculations. This collection offers new insights into the kinds of economic opportunities and outcomes that immigrant populations might expect for themselves and future generations. |
| the economics of public issues: Economics for the Common Good Jean Tirole, 2019-05-14 When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a 'dismal science,' is a positive force for the common good. Economists are rewarded for writing technical papers in scholarly journals, not joining in public debates. But Tirole says we urgently need economists to engage with the many challenges facing society, helping to identify our key objectives and the tools needed to meet them. To show how economics can help us realize the common good, Tirole shares his insights on a broad array of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Providing a rich account of how economics can benefit everyone, Economics for the Common Good sets a new agenda for the role of economics in society--Provided by publisher. |
| the economics of public issues: The Political Economy of Education Mark Gradstein, Moshe Justman, Volker Meier, 2004-10-22 A theoretical framework for analyzing the complex relationship of education, growth, and income distribution. The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such matters as income inequality, social mobility, and diversity. This book provides the theoretical framework necessary for understanding the political economy of education—the complex relationship of education, economic growth, and income distribution—and for formulating effective policies to improve the financing and provision of education. The relatively simple models developed illustrate the use of analytical tools for understanding central policy issues. After offering a historical overview of the development of public education and a review of current econometric evidence on education, growth, and income distribution, the authors lay the theoretical groundwork for the main body of analysis. First they develop a basic static model of how political decisions determine education spending; then they extend this model dynamically. Applying this framework to a comparison of education financing under different regimes, the authors explore fiscal decentralization; individual choice between public and private schooling, including the use of education vouchers to combine public financing of education with private provision; and the social dimension of education—its role in state-building, the traditional melting pot that promotes cohesion in a culturally diverse society. |
| the economics of public issues: Issues in Law and Economics Harold Winter, 2017-01-27 Is file-sharing destroying the music industry? Should the courts encourage breach of contract? Does the threat of malpractice lawsuits cause doctors to provide too much medical care? Do judges discriminate when sentencing? With Issues in Law and Economics, Harold Winter takes readers through these and other recent and controversial questions. In an accessible and engaging manner, Winter shows these legal issues can be reexamined through the use of economic analysis. Using real-world cases to highlight issues, Winter offers step-by-step analysis, guiding readers through the identification of the trade-offs involved in each issue and assessing the economic evidence from scholarly research before exploring how this research may be used to guide policy recommendations. The book is divided into four sections, covering the basic practice areas of property, contracts, torts, and crime, with a fifth section devoted to a concise introduction to the topic of behavioral law and economics. Each chapter concludes with a series of thought-provoking discussion questions that provide readers the opportunity to further explore important ideas and concepts. |
| the economics of public issues: The Economics of Social Problems Ray V. F. Robinson, 1976 |
| the economics of public issues: Narrative Economics Robert J. Shiller, 2020-09-01 From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls narrative economics—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions. |
| the economics of public issues: Good Economics for Hard Times Abhijit V. Banerjee, Esther Duflo, 2019-11-12 The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world. |
| the economics of public issues: The Economics of Race in the United States Brendan O'Flaherty, 2015-06-08 Brendan O’Flaherty brings the tools of economic analysis—incentives, equilibrium, optimization—to bear on racial issues. From health care, housing, and education, to employment, wealth, and crime, he shows how racial differences powerfully determine American lives, and how progress in one area is often constrained by diminishing returns in another. |
| the economics of public issues: Studies in the History of Public Economics Gilbert Faccarello, Richard Sturn, 2014-06-17 Many important economic and political debates today refer to the nature and the role of the State: should governments intervene in the economy and interfere with the operation of markets? In which occasions, and how? In order to better understand these questions and the controversies they have raised, this book re-considers the debates crucial for the issues at stake, the most important schools of thought, and the central concepts in an historical perspective. After a tribute to Sir Alan Peacock and the first publication of two hitherto unpublished papers written in the 1950s, the chapters focus on important developments that occurred in Europe during the 19th and early 20th centuries. The final part includes contributions on public economics after World War II, focusing on concepts such as merit goods, externalities and the “Coase theorem”. This book was originally published as a special issue of The European Journal of the History of Economic Thought. |
| the economics of public issues: Modern Public Economics Raghbendra Jha, 2002-09-11 This wide-ranging, up-to-date and detailed account of all aspects of public economics covers topics as varied as: * classical theorems of welfare economics * the theory of public expenditure * the effects of taxation on savings, labour supply investment and risk-taking * commodity, income and expenditure taxation * public sector and cost-benefit analysis * fiscal federalism. Written by Raghbendra Jha, an author with an established reputation, this book fills the gap in literature on this topic and will be a valuable reference for undergraduates in the fields of economics and public finance. |
| the economics of public issues: Behavioral Economics and Public Health Christina A. Roberto, Ichirō Kawachi, 2016 Behavioral economics has potential to offer novel solutions to some of today's most pressing public health problems: How do we persuade people to eat healthy and lose weight? How can health professionals communicate health risks in a way that is heeded? How can food labeling be modified to inform healthy food choices? Behavioral Economics and Public Health is the first book to apply the groundbreaking insights of behavioral economics to the persisting problems of health behaviors and behavior change. In addition to providing a primer on the behavioral economics principles that are most relevant to public health, this book offers details on how these principles can be employed to mitigating the world's greatest health threats, including obesity, smoking, risky sexual behavior, and excessive drinking. With contributions from an international team of scholars from psychology, economics, marketing, public health, and medicine, this book is a trailblazing new approach to the most difficult and important problems of our time. |
| the economics of public issues: Contemporary Issues in Heterodox Economics Arturo Hermann, Simon Mouatt, 2020-10-07 Heterodox economics can provide a more complete and robust explanation of economic realities than orthodox (or mainstream) economics. Contemporary Issues in Heterodox Economics: Implications for Theory and Policy Action argues that this greater explanatory power gives heterodox economics the ability to illuminate appropriate policy for the major crises of our time, as well as proffer the basis for a more rounded, pluralist approach to economic theory. The chapters in this wide-ranging volume address some of the key issues facing the global economy, including the growing disparity of income/wealth between persons and economic areas, environmental degradation, issues associated with employment, and the regularity of economic/financial crises. The authors examine potential policy responses such as modern monetary theory, models of public ownership, and the need to move beyond standard concepts of growth. They also explore the deficiencies of orthodox economics, and contend that a more pluralist approach to economics is required in the public sphere, in academia, and in the classroom in order to help face the challenges of the twenty-first century. This book is invaluable reading for students and scholars across the social sciences who are interested in alternatives to mainstream economic thinking. |
| the economics of public issues: The American Political Economy Jacob S. Hacker, Alexander Hertel-Fernandez, Paul Pierson, Kathleen Thelen, 2021-11-11 Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective. |
| the economics of public issues: The Economics of Contemporary Latin America Beatriz Armendariz, Felipe Larrain B., 2017-05-05 Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations. |
| the economics of public issues: Cogs and Monsters Diane Coyle, 2021-10-12 How economics needs to change to keep pace with the twenty-first century and the digital economy Digital technology, big data, big tech, machine learning, and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. In Cogs and Monsters, Diane Coyle explores the enormous problems—but also opportunities—facing economics today and examines what it must do to help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency. Mainstream economics, Coyle says, still assumes people are “cogs”—self-interested, calculating, independent agents interacting in defined contexts. But the digital economy is much more characterized by “monsters”—untethered, snowballing, and socially influenced unknowns. What is worse, by treating people as cogs, economics is creating its own monsters, leaving itself without the tools to understand the new problems it faces. In response, Coyle asks whether economic individualism is still valid in the digital economy, whether we need to measure growth and progress in new ways, and whether economics can ever be objective, since it influences what it analyzes. Just as important, the discipline needs to correct its striking lack of diversity and inclusion if it is to be able to offer new solutions to new problems. Filled with original insights, Cogs and Monsters offers a road map for how economics can adapt to the rewiring of society, including by digital technologies, and realize its potential to play a hugely positive role in the twenty-first century. |
The Economics Of Public Issues 20nbsped [PDF]
Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the behavior of private firms and households, and what the welfare effects of such changes in behavior are.
The Economics Of Public Issues - listserv.hlth.gov.bc.ca
The volume documents the history of economics and fiscal doctrine, explores the theory of public goods and the structures from which resources are collected and expanded, and analyzes …
Economics Of Public Issues 19th Edition - vols.wta.org
It presents a variety of modern issues to which economic analysis can be applied, organized into seven parts: the foundations of economic analysis; supply and demand; market structures; …
The Economics Of Public Issues - pivotid.uvu.edu
Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the …
Economics for Public Issues (Welfare Economics) - pkusz.edu.cn
Economics for public issues deals with recent public issues in the US economy, in theory and practice. We will analyze the impact of factors behind current debated issues on economic...
THE ECONOMICS OF PUBLIC ISSUES - GBV
PART ONE The Foundations of Economic Analysis 1. 1. Death by Bureaucrat 4 (when bureaucratic choices mean life for some people— and death for others) 2. Ethanol Madness …
The Economics of Public Issues TWENTIETH EDITION Roger …
The Economics of Public Issues TWENTIETH EDITION Roger LeRoy Miller Research Professor of Economics ... The Economics of the Big Mac 205 (lessons we can learnfrom the ultimate …
The Economics Of Public Issues - nagios.bgc.bard.edu
The Economics of Public Issues Roger LeRoy Miller,Daniel K. Benjamin,Douglass Cecil North,2008 The Economics of Public Issues is a collection of brief, relevant readings that spark …
THE ECONOMICS OF PUBLIC ISSUES Prof. Eser Karakas …
Understanding how public policy is related to economics and also to other disciplines like law and political science; enhancing the critical and analytical thinking skills; to be able to analyse daily …
Public Choice – A Primer - Institute of Economic Affairs
• Public Choice applies the methods of economics to the theory and practice of politics and government. This approach has given us important insights into the nature of democratic …
Economics Public Issues (2024) - dev.habitatebsv.org
Economics builds an understanding of the role of public economics in public administration public policy and decision making The handbook introduces a wide variety of current issues related …
ECON0050: The Economics of Public Sector - UCL
Explain, using economic tools and empirical evidence, why we do have government intervention in the economy, developing the ability to evaluate claims and counterclaims; Independently …
Economics of Public Issues - University of California, San Diego
In this course, we will be using the analytical tools of economics to study issues of public policy. My goal is for you to acquire a basic set of tools for policy analysis, as well as a better …
PUBLIC ECONOMICS AS IF TIME MATTERS - London School …
Some of Tony Atkinson’s issues for public economics As a background or foundation for an examination of what is involved in building a dynamic public economics, let me draw on some …
Efficiency and Equity - Economics Network
Marie M Stack Economics of Public Issues 2 •Equity, efficiency and their trade-off •Social welfare function •Measure of efficiency •Measure of inequality •Social Policy decision-making Outline
Public Economics Lectures Part 1: Introduction - Scholars at Harvard
What is Public Economics? Public economics focuses on answering two types of questions 1 How do government policies a⁄ect the economy? 2 How should policies be designed to maximize …
Taxation and Development - London School of Economics and …
In Section 2, we briefly discuss different perspectives on taxation and development, and out-line our own perspective in more detail. Section 3 presents some background facts on levels and …
Public Finance, Public Economics, and Public Choice: A Survey …
The growing emphasis on public goods and externalities in undergraduate texts signaled the general acceptance of a market-failure theoretical justification for government activity. It also …
Economics and the Public Interest - JSTOR
Economics and the Public Interest By L. G. HINES* A LTHOUGH the role of government in economic life has vastly in-creased in importance during the past half century, recent …
Economics and the Public Purpose - JSTOR
Economics and the Public Purpose 89 of proportion. As Galbraith states elsewhere in the book, "in economics there are few absolutes." He contends that "some work and pay are worse than …
The Economics Of Public Issues 20nbsped [PDF]
Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the …
The Economics Of Public Issues - listserv.hlth.gov.bc.ca
The volume documents the history of economics and fiscal doctrine, explores the theory of public goods and the structures from which resources are collected and expanded, and analyzes …
Economics Of Public Issues 19th Edition - vols.wta.org
It presents a variety of modern issues to which economic analysis can be applied, organized into seven parts: the foundations of economic analysis; supply and demand; market structures; …
The Economics Of Public Issues - pivotid.uvu.edu
Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the …
Economics for Public Issues (Welfare Economics) - pkusz.edu.cn
Economics for public issues deals with recent public issues in the US economy, in theory and practice. We will analyze the impact of factors behind current debated issues on economic...
THE ECONOMICS OF PUBLIC ISSUES - GBV
PART ONE The Foundations of Economic Analysis 1. 1. Death by Bureaucrat 4 (when bureaucratic choices mean life for some people— and death for others) 2. Ethanol Madness …
The Economics of Public Issues TWENTIETH EDITION Roger …
The Economics of Public Issues TWENTIETH EDITION Roger LeRoy Miller Research Professor of Economics ... The Economics of the Big Mac 205 (lessons we can learnfrom the ultimate …
The Economics Of Public Issues - nagios.bgc.bard.edu
The Economics of Public Issues Roger LeRoy Miller,Daniel K. Benjamin,Douglass Cecil North,2008 The Economics of Public Issues is a collection of brief, relevant readings that …
THE ECONOMICS OF PUBLIC ISSUES Prof. Eser Karakas …
Understanding how public policy is related to economics and also to other disciplines like law and political science; enhancing the critical and analytical thinking skills; to be able to analyse daily …
Public Choice – A Primer - Institute of Economic Affairs
• Public Choice applies the methods of economics to the theory and practice of politics and government. This approach has given us important insights into the nature of democratic …
Economics Public Issues (2024) - dev.habitatebsv.org
Economics builds an understanding of the role of public economics in public administration public policy and decision making The handbook introduces a wide variety of current issues related …
ECON0050: The Economics of Public Sector - UCL
Explain, using economic tools and empirical evidence, why we do have government intervention in the economy, developing the ability to evaluate claims and counterclaims; Independently …
Economics of Public Issues - University of California, San Diego
In this course, we will be using the analytical tools of economics to study issues of public policy. My goal is for you to acquire a basic set of tools for policy analysis, as well as a better …
PUBLIC ECONOMICS AS IF TIME MATTERS - London School of Economics
Some of Tony Atkinson’s issues for public economics As a background or foundation for an examination of what is involved in building a dynamic public economics, let me draw on some …
Efficiency and Equity - Economics Network
Marie M Stack Economics of Public Issues 2 •Equity, efficiency and their trade-off •Social welfare function •Measure of efficiency •Measure of inequality •Social Policy decision-making Outline
Public Economics Lectures Part 1: Introduction - Scholars at Harvard
What is Public Economics? Public economics focuses on answering two types of questions 1 How do government policies a⁄ect the economy? 2 How should policies be designed to maximize …
Taxation and Development - London School of Economics and …
In Section 2, we briefly discuss different perspectives on taxation and development, and out-line our own perspective in more detail. Section 3 presents some background facts on levels and …
Public Finance, Public Economics, and Public Choice: A Survey of ...
The growing emphasis on public goods and externalities in undergraduate texts signaled the general acceptance of a market-failure theoretical justification for government activity. It also …
Economics and the Public Interest - JSTOR
Economics and the Public Interest By L. G. HINES* A LTHOUGH the role of government in economic life has vastly in-creased in importance during the past half century, recent …
Economics and the Public Purpose - JSTOR
Economics and the Public Purpose 89 of proportion. As Galbraith states elsewhere in the book, "in economics there are few absolutes." He contends that "some work and pay are worse than …
