Real World Micro

book cover image
Edition:
15th Edition
Date of publication:
May 2008
ISBN:
978-1-878585-71-4
Pages:
148
Price:
$32.95


  • Introduction
  • Chapter 1: Markets: Ideology and Reality
    • Introduction
    • 1.1 From the Classroom to the White House Mark Maier
    • 1.2 The Ideology of the Free Market Ellen Frank
    • 1.3 Milton Friedman’s Chilean Miracle Alejandro Reuss
    • 1.4 Repopulating New Orleans Mason Gaffney
    • 1.5 1.5 Why Banks Go Bad William Black
  • Chapter 2: Supply and Demand
    • Introduction
    • 2.1 Supply, Demand, and Tortillas Chris Tilly and Marie Kennedy
    • 2.2 Price Gouging: It's Just Supply and Demand Marc Breslow
    • 2.3 Want a Cool Planet? Raise Gas Prices! Marc Breslow
    • 2.4 Will Tax Cuts Increase Revenue?Ellen Frank
    • 2.5 Does Rent Control Hurt Tenants? Ellen Frank
    • 2.6 Measuring the Full Impact of Minimum Wage Laws Jeanette Wicks-Lim
  • Chapter 3: Consumers
    • Introduction
    • 3.1 A Matter of Life and Debt: The Impact of Predatory Lending on the Black Community Jabulani Leffall
    • 3.2 The 800-Pound Ronald McDonald in the Room Helen Scharber
    • 3.3 Enough Is Enough: Why More is Not Necessarily Better than Less Alan Durning
    • 3.4 Diminishing Marginal Utility and the Utility of Diminishing Inequality Phineas Baxandall
  • Chapter 4: Firms, Production, and Profit Maximization
    • Introduction
    • 4.1 What's Good for Wal-Mart... John Miller
    • 4.2 Quality In, Workers Out? Companies Adopt Six Sigma Amy Gluckman
    • 4.3 Unregulated Work Siobhán McGrath and Nina Martin
    • 4.4 Why CEO Salaries Skyrocket Arthur MacEwan
  • Chapter 5: Market Structure and Monopoly
    • Introduction
    • 5.1 Is Small Beautiful? Is Bigger Better? Small and Big Business Both Have Their Drawbacks Chris Tilly
    • 5.2 Drug Prices in Crisis: The Case Against Protectionism Dean Baker
    • 5.3 A Brief History of Mergers and Antitrust Policy Edward Herman
    • 5.4 Calling for Change Liv Gold and Chris Sturr
    • 5.5 Chase: A Bank for the New Century Joseph Pluta
  • Chapter 6: Labor Markets
    • Introduction
    • 6.1 Comparable Worth Amy Gluckman
    • 6.2 Nike to the Rescue? John Miller
    • 6.3 Conscripted by Poverty Anna Sussman
    • 6.4 Migrant Worker Militancy Immanuel Ness
    • 6.5 What's Wrong with Welfare-to-Work Randy Albelda
    • 6.6 A Lazy Man’s Labor PolicyLarry Peterson
  • Chapter 7: The Distribution of Income
    • Introduction
    • 7.1 Measures of Poverty Ellen Frank
    • 7.2 Geese, Golden Eggs, and Traps Chris Tilly
    • 7.3 Inequality Worsens Across Asia John Miller
    • 7.4 Cause of Death: Inequality Alejandro Reuss
    • 7.5 Slicing up at the Long Barbeque James M. Cypher
    • 7.6 Dow’s All-time High Inconsequential for Most Americans Sylvia Allegretto
    • 7.7 The "Double-Taxation" of Corporations Ramaa Vasudevan
    • 7.8 Mind-Boggling Inequality John Miller
  • Chapter 8: Policy Spotlight: Tax Reform
    • Introduction
    • 8.1 Shaking the Invisible Hand Chris Tilly
    • 8.2 Sharing the Wealth of the Commons Peter Barnes
    • 8.3 Pricing the Priceless: Inside the Strange World of Cost-Benefit Analysis Lisa Heinzerling and Frank Ackerman
    • 8.4 U.S. Military Spending and the Cost of the WarsChris Sturr
    • 8.5 Car Trouble: The Automobile as an Environmental and Health Disaster Alejandro Reuss
    • 8.6 After Kyoto: A Better Way to Ensure Climate Stabilization and Fair Development Paul Cummings and Adria Scharf
  • Chapter 9 Policy Spotlight: Evaluating Economic Globalization
    • Introduction
    • 9.1 Comparative Advantage Arthur McEwan
    • 9.2 Should Developing Countries Embrace Protectionism? Ellen Frank
    • 9.3 Globalization: Good for What Ails You? John Miller
    • 9.4 Collapse of the Doha Round of WTO Timothy Wise
    • 9.5 Outsized Offshore Outsourcing John Miller
    • 9.6 The Globalization Clock Thomas Palley
    • 9.7 Legalizing Human Trafficking Basav Sen
  • Contributors
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