03283nam 2200601Ia 450 991045833570332120200520144314.01-282-63829-797866126382990-262-26609-1(CKB)2560000000014308(SSID)ssj0000429308(PQKBManifestationID)11249699(PQKBTitleCode)TC0000429308(PQKBWorkID)10430281(PQKB)10913528(MiAaPQ)EBC3339124(OCoLC)646068759(OCoLC)608376559(OCoLC)620103778(OCoLC)647923447(OCoLC)743201095(OCoLC)747305675(OCoLC)763093347(OCoLC)816563050(OCoLC)961604459(OCoLC)962611178(OCoLC)966248267(OCoLC)971458256(OCoLC)975598694(OCoLC)988459068(OCoLC)991995007(OCoLC)992003039(OCoLC)994497961(OCoLC)1011934055(OCoLC)1017998398(OCoLC)1037943840(OCoLC)1038662962(OCoLC)1042321820(OCoLC)1045535003(OCoLC)1066440692(OCoLC)1081216783(OCoLC-P)646068759(MaCbMITP)8694(PPN)170260275(Au-PeEL)EBL3339124(CaPaEBR)ebr10384054(CaONFJC)MIL263829(OCoLC)646068759(EXLCZ)99256000000001430820100107d2010 uy 0engurcn|||||||||txtccrTaking economics seriously[electronic resource] /Dean BakerCambridge, MA MIT Pressc201087 pA Boston review book"A Boston Review Book."0-262-01418-1 'There is nothing wrong with economics, Dean Baker contends, but economists routinely ignore their own principles when it comes to economic policy. What would policy look like if we took basic principles of mainstream economics seriously and applied them consistently? In the debate over regulation, for example, Baker--one of the few economists who predicted the meltdown of fall 2008--points out that ideological blinders have obscured the fact there is no "free market" to protect. Modern markets are highly regulated, although intrusive regulations such as copyright and patents are rarely viewed as regulatory devices. If we admit the extent to which the economy is and will be regulated, we have many more options in designing policy and deciding who benefits from it. On health care reform, Baker complains that economists ignore another basic idea: marginal cost pricing. Unlike all other industries, medical services are priced extraordinarily high, far above the cost of production, yet that discrepancy is rarely addressed in the debate about health care reform. What if we applied marginal cost pricing--making doctors' wages competitive and charging less for prescription drugs and tests such as MRIs? ..."--Product Description.EconomicsSocial sciencesElectronic books.Economics.Social sciences.330Baker Dean1958-1044513MiAaPQMiAaPQMiAaPQBOOK9910458335703321Taking economics seriously2470225UNINA