Economic Issues Today: Alternative ApproachesWritten in non-technical, everyday language that is accessible to the undergraduate audience, and requiring no background in economic analysis, this acclaimed text provides a unique approach to understanding what the practice of economics is all about. The authors address fourteen current economic issues, covering both micro- and macro-economics, and offer analyses and proposed solutions for each from Conservative, Liberal, and Radical perspectives. This new edition incorporates critical changes in economic policy since the last edition that affect every issue covered in the text. Tables have been updated throughout to include current economic data, and an all-new section on social policy frames the current debate about the Social Security system. The book's unique approach stimulates critical thinking on everyday issues that traditional texts either ignore or present as "settled" debates. It helps students to understand the dual role that ideology and logical/empirical argumentation play in economics. Issues are presented as stand-alone subjects that can be read in any sequence and used to supplement a wide range of principles of economics texts. An instructor's manual with a test bank and discussion questions is available to professors who adopt the text, and Power Point downloads are available as teaching aids. The text is also available in two separate volumes: Microeconomics Today and Macroeconomics Today. |
Contents
A Survey | 3 |
Problems in the Marketplace | 33 |
Is It Necessary to Protect | 58 |
How Can We Save | 75 |
Is Big Business a Threat | 92 |
Deregulation | 112 |
Does America Have | 135 |
What Is a Fair System | 163 |
Should We | 239 |
Is Joblessness an Overrated | 261 |
Can Price Pressures Be Kept Under | 284 |
Can We Save | 307 |
Where Does America | 331 |
Tables | 352 |
Final Thoughts and Suggested Readings | 387 |
About the Authors 401 | |
Other editions - View all
Economic Issues Today: Alternative Approaches Robert B. Carson,Wade L. Thomas,Jason Hecht Limited preview - 2005 |
Economic Issues Today: Alternative Approaches Robert B. Carson,Wade L. Thomas,Jason Hecht Limited preview - 2015 |
Economic Issues Today: Alternative Approaches Robert B. Carson,Wade L. Thomas,Jason Hecht Limited preview - 2015 |
Common terms and phrases
acid rain Adam Smith agricultural balance banking benefits billion budget capital capitalist competition CONSERVATIVE ARGUMENT Conservatives consumer protection corporations costs countercyclical crisis debt decline deficits demand Depression deregulation dollar domestic economic growth economists effects efforts emissions exchange rates expand exports fact farm farmers firms floating exchange rates free market free trade funds government spending greater gross domestic product ideological increase individual industry inflation inflationary interest rates intervention investment Issue John Maynard Keynes Keynesian labor Liberals lower macroeconomic maintain ment Milton Friedman monetary policy monopoly nomic outlays output percent planning political pollution poverty problem production production-for-profit profits programs protectionism Radical railroads Reagan recession reduce regulation regulatory result rising safety savings sector Social Security society stability subsidies sumer supply-side tax cuts tax rate tax system tion unem unemployment United wages welfare workers