Reasonably Simple Economics : Why the World Works the Way It Does / / by Evan Osborne

• Autore: Osborne Evan
• Pubblicazione: Berkeley, CA : , : Apress : , : Imprint : Apress, , 2013
• Edizione: 1st ed. 2013.
• Descrizione fisica: 1 online resource (321 p.)
• Disciplina: 330
• Soggetto topico: Business; Management science; Business and Management, general
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: ""Apress Business: The Unbiased Source of Business Information""; ""Contents""; ""About the Author""; ""Acknowledgments""; ""Preface""; ""Chapter 1: Introduction""; ""The Foundation of Modern Economics: The Idea of Scarcity""; ""Rules and Freedom""; ""Rules amid the Chaos""; ""Answers to In-Text Questions""; ""Economics Out There""; ""Chapter 2: Supply and Demand, Considered Separately""; ""Opportunity Cost""; ""Sunk vs. Marginal Costs""; ""Costs and Supply""; ""Demand""; ""Elasticity of Demand""; ""Answers to In-Text Questions""; ""Economics Out There"" ; ""Chapter 3: Supply and Demand, Considered Together""""Equilibrium""; ""Changes in Supply and Demand""; ""Price Controls""; ""Answers to In-Text Question""; ""Economics Out There""; ""Chapter 4: The Economics of Information or Knowledge""; ""Decentralized Knowledge and the Spontaneous Order""; ""The Importance of Learning from Mistakes""; ""Competition""; ""Profit as Markup""; ""The Market as What We Know Together""; ""Monopoly and Its Meaning, or Lack Thereof""; ""The Indifference Principle""; ""When the Indifference Principle Does Not Hold""; ""Speculation""; ""Economics Out There"" ; ""Chapter 5: Public and Private Decision Making""""Who Is the Government, and What Does It Want?""; ""Problem 1: Government as Subject to Special-Interest Capture""; ""Problem 2: The Incentive to Accumulate Knowledge in the Private Sector and in the Government""; ""Problem 3: â€?The Democracy Problem""; ""Problem 4: â€?The Abuse-of-Power Problem""; ""Answer to In-Text Question""; ""Economics Out There""; ""Chapter 6: Who Makes How Much, and Why""; ""The Market for Compensation""; ""Power in the Employer-Employee Relationship""; ""The Distribution of Income"" ; ""The Economics of â€?Taste-Based Discrimination""""Statistical Discrimination""; ""Who Makes What, by Ethnicity and Sex""; ""Economics Out There""; ""Chapter 7: The Middleman and the Entrepreneur""; ""The Middleman""; ""Financial Middlemen""; ""The Middleman in Society""; ""The Entrepreneur More Generally""; ""The Entrepreneur as Residual Claimant""; ""The Entrepreneur as Social Reorganizer""; ""Answers to In-Text Questions""; ""Economics Out There""; ""Chapter 8: Time and Risk""; ""Investment""; ""Interest Rates""; ""Risk and Risk Trading""; ""Answers to In-Text Questions"" ; ""Economics Out There""""Chapter 9: The Entrepreneur and Some Economics of the Future""; ""Pessimism Amidst Miracles""; ""The Way Things Used to Be""; ""How Intellectuals and Politicians Have Seen the Future in the Pastâ€?a Brief History""; ""Malthusianism""; ""Luddism""; ""Marxism""; ""Permanent Economic Stagnation""; ""Overpopulation/Sustainability""; ""Why We Think Things Keep Getting Worse""; ""How Things Got Better""; ""Economics Out There""; ""Chapter 10: The Things Only Government Can Do""; ""Setting the Table for the Entrepreneur and the Market""; ""When Prices Are Wrong"" ; ""Positive Externalities""
• Sommario/riassunto: The goal of Reasonably Simple Economics is, not surprisingly, simple: to help us think like economists. When we do, so much of the world that seemed mysterious or baffling becomes more clear and understandable—improving our lives and providing new tools to succeed in business and career. In a chatty style, economist Evan Osborne explains the economic foundations behind the things we read about or see in the news everyday: Why prices for goods and services are what they are How government spending, regulation, and taxation can both hinder and help the economy Why and how some people get fabulously rich How entrepreneurs reorganize society beneficially Why markets sometimes fail and when or if governments should intervene when they do How economics and statistics can explain such things as discrimination in hiring and providing services (and why discriminators are shooting themselves in the foot), why we’re smarter than we’ve ever been, and how technology makes the idea of Earth’s “carrying capacity” meaningless Along the way, you will learn the basic concepts of economics that well-educated citizens in democratic countries should know, like scarcity, opportunity cost, supply and demand, all the different ways economies are "managed," and more. In the manner of The Armchair Economist, The Undercover Economist, or Naked Economics, Osborne uses current examples to illustrate the principles that underlie tragedies like the Greek economy or the global market meltdown of 2008, and triumphs like the continuing dominance of Silicon Valley in the tech world or why New York City markets are stuffed with goods despite the difficulty in getting them there. As Osborne points out, the future, in economic terms, has always been better than the past, and he shows you how to use that knowledge to improve your life both intellectually and materially.
• Titolo autorizzato: Reasonably Simple Economics
• ISBN: 9781430259428; 1430259426
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910438076703321
• Lo trovi qui: Univ. Federico II