Binding: Hardcover
Description: Released in 1984, Steven E. Rhoads classic was considered by many to be among the best introductions to the economic way of thinking and its applications. This anniversary edition has been updated to account for political and economic developments - from the greater interest in redistributing income and the ascendancy of behaviorism to the Trump presidency. Rhoads explores opportunity cost marginalism and economic incentives and explains why mainstream economists - even those well to the left - still value free markets. He critiques economics for its unbalanced emphasis on narrow self - interest as controlling motive and route to happiness highlighting philosophers and positive psychologists findings that happiness is far more dependent on friends and family than on income or wealth. This thought - provoking tour of the economist's mind is a must read for our times providing a clear lively non - technical insight into how economists think and why they shouldn't be ignored.
Title: The Economist's View Of The World And The Quest For Well - Being
Author(s): Rhoads Steven E. (University Of Virginia)
Publisher: Cambridge University Press
Barcode: 9781108845946
Pages: 334 Pages, Worked Examples Or Exercises
Publication Date: 10/21/2021
Category: Political Economy