Real World Micro
- Edition:
- 18th
- Date of publication:
- April 2011
- Pages:
- 348
- ISBN:
- 978-1-878585-82-0
- Price:
- $34.95
- Introduction
- Chapter 1: Markets: Ideology and Reality
- Introduction
- 1.1 The Ideology of the Free Market
- 1.2 Shaking the Invisible Hand
- 1.3 Testing Economics
- 1.4 Inequality, Power, and Ideology
- 1.5 (Economic) Freedom’s Just Another Word For... Crisis–Prone
- Chapter 2: Supply and Demand
- Introduction
- 2.1 Supply, Demand, and Tortillas
- 2.2 Price Gouging: It's Just Supply and Demand
- 2.3 Hot Commodities, Stuffed Markets, and Empty Bellies
- 2.4 Want a Cool Planet? Raise Gas Prices!
- 2.5 Does Rent Control Hurt Tenants?
- 2.6 Measuring the Full Impact of Minimum Wage Laws
- Chapter 3: Consumers
- Introduction
- 3.1 A Matter of Life and Debt: The Impact of Predatory Lending on the Black Community
- 3.2 The 800-Pound Ronald McDonald in the Room
- 3.3 Down with the Clown
- 3.4 Enough Is Enough: Why More is Not Necessarily Better than Less
- 3.5 America Beyond Consumerism
- Chapter 4: Firms, Production, and Profit Maximization
- Introduction
- 4.1 What's Good for Wal-Mart...
- 4.2 Unregulated Work
- 4.3 Why CEO Salaries Skyrocket
- 4.4 Bankruptcy as Corporate Makeover
- Chapter 5: Market Structure and Monopoly
- Introduction
- 5.1 Is Small Beautiful? Is Bigger Better? Small and Big Business Both Have Their Drawbacks
- 5.2 The Global Oil Market
- 5.3 Drug Prices in Crisis: The Case Against Protectionism
- 5.4 A Brief History of Mergers and Antitrust Policy
- 5.5 The Bailouts Revisited
- Chapter 6: Labor Markets
- Introduction
- 6.1 Comparable Worth
- 6.2 Conscripted by Poverty
- 6.3 Why the Loss of Manufacturing Jobs?
- 6.4 Unemployment: A Jobs Deficit or a Skills Deficit?
- 6.5 Unemployment Insurance: A Broken System
- 6.6 Gender and the Recession
- 6.7 Hard Work at an Advanced Age
- 6.8 Chinese Workers Stand Up
- 6.9 The Jobs Crisis and the Art of Flexible Labor
- Chapter 7: The Distribution of Income
- Introduction
- 7.1 Measures of Poverty
- 7.2 Lies, Damned Lies, and Poverty Statistics
- 7.3 Geese, Golden Eggs, and Traps
- 7.4 The Undeserving Rich
- 7.5 Cause of Death: Inequality
- 7.6 Slicing up at the Long Barbeque
- 7.7 The "Double-Taxation" of Corporations
- 7.8 Have the Rich Won?
- Chapter 8: Market Failure, Government Policy, and Corporate Governance
- Introduction
- 8.1 Sharing the Wealth of the Commons
- 8.2 Paying More, Getting Less
- 8.3 Pricing the Priceless: Inside the Strange World of Cost-Benefit Analysis
- 8.4 Climate Economics in Four Easy Pieces
- 8.5 The True Cost of Oil
- 8.6 Car Trouble: The Automobile as an Environmental and Health Disaster
- Chapter 9: Trade and Development
- Introduction
- 9.1 Comparative Advantage
- 9.2 The Globalization Clock
- 9.3 Should Developing Countries Embrace Protectionism?
- 9.4 The World Is Not Flat
- 9.5 Nike to the Rescue?
- 9.6 International Labor Standards
- 9.7 What’s Wrong With Neoliberalism?
- 9.8 On the Jasmine Revolution
- 9.9 Putting the “Global” in Global Economic Crisis
- 9.10 On Strike in China
- 9.11 Evo Morales’ Lithium Gamble
- Chapter 10: Policy Spotlight: Market Failure and the Great Recession
- Introduction
- 10.1 The Greed Fallacy
- 10.2 Bubble Trouble
- 10.3 Why Are Things Getting Worse and Worse?
- 10.4 Not Too Big Enough
- 10.5 Underwater
- 10.6 Banking on Fraud
- 10.7 Tax Havens and the Financial Crisis
- Contributors
29 Winter Street, Boston, MA 02108 USA