||||"This text is a much overdue supplementary book to help students understand the role and the power of the market. I believe this book can help dispel some of the myths surrounding capitalism and how markets operate. I foresee this content generating much dis
A central concern of economics is how society allocates its resources. Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets work with concrete examples, addresses questions about whether markets actually work well a...
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