Real World Micro

Real World Micro cover
Edition:
22nd
Date of publication:
June 2015
ISBN:
978-1-939402-19-6
Price:
$36.95



  • Introduction
  • Chapter 1: Markets: Ideology and Reality
    • Introduction
    • 1.1 Free-Market Outcomes are Not Fair—And Not Free Marty Wolfson
    • 1.2 Shaking the Invisible Hand Chris Tilly
    • 1.3 Freedom, Equity, and Efficiency Alejandro Reuss
    • 1.4 Are We Better Off Than We Were 40 Years Ago? Zoe Sherman
    • 1.5 Sharing the Wealth of the Commons Peter Barnes
    • 1.6 True Wealth: Work, Leisure, and Consumption Juliet Schor
  • Chapter 2: Supply and Demand
    • Introduction
    • 2.1 Price Gouging: It’s Just Supply and Demand Marc Breslow
    • 2.2 Does Rent Control Hurt Tenants? Ellen Frank
    • 2.3 The Airfare Mystery Arthur MacEwan
    • 2.4 Oil Price Manipulation? Arthur MacEwan
    • 2.5 Why did Commodity Prices Move Together? Manisha Pradhananga
  • Chapter 3: Consumers
    • Introduction
    • 3.1 The 800-Pound Ronald McDonald in the Room Helen Scharber
    • 3.2 Underbanked and Overcharged Deborah M. Figart
    • 3.3 When the Public Square is in CyberspaceZoe Sherman
    • 3.4 Money Yells Rob Larson
    • 3.5 Way Beyond Greenwashing Jonathan Latham
    • 3.6 Campus Struggles Against Sweatshops Continue Sarah Blaskey and Phil Gasper
    • 3.7 How to Take on the Card Sharks—And Win! Jim Campen
  • Chapter 4: Firms, Production, and Profit Maximization
    • Introduction
    • 4.1 Pursuing Profits—Or Power? James K. Boyce
    • 4.2 What is a Corporation, Anyway? Alejandro Reuss
    • 4.3 Corporate Cronyism: The Secret to Overpaid CEOs Dean Baker
    • 4.4 What's Good for Wal-Mart ... John Miller
    • 4.5 Vultures in the E.R. Nicole Aschoff
    • 4.6 Taming the Corporate Beast Marianne Hill
    • 4.7 Community Supported Agriculture Mark Paul and Emily Stephens
    • 4.8 Co-Op Economics Nancy Folbre
  • Chapter 5: Market Failure I: Market Power
    • Introduction
    • 5.1 Is Small Beautiful? Is Bigger Better? Chris Tilly
    • 5.2 A Brief History of Mergers and Antitrust Policy Edward Herman
    • 5.3 Monopoly Capital and Global Competition Arthur MacEwan
    • 5.4 Want Free Trade? Open the Medical and Drug Insustry to Competition Dean Baker
    • 5.5 Not Too Big Enough Rob Larson
    • 5.6 Seeds of Change Elizabeth Fraser and Anuradha Mittal
    • 5.7 No Friendship in Change Sasha Breger Bush
  • Chapter 6: Market Failure II: Externalities
    • Introduction
    • 8.1 Pricing the Priceless: Inside the Strange World of Cost–Benefit Analysis Lisa Heinzerling and Frank Ackerman
    • 8.2 The Phantom Menace: Environmental Regulations Are Not "Job-Killers" Heidi Garrett-Peltier
    • 8.3 Frackonomics: The Science and Economics of the Gas Boom Rob Larson
    • 8.4 Maine Farmers and Climate Change Stephanie Welcomer, Mark Haggerty, and John Jemison
    • 8.5 Universal Health Care: Can We Afford Anything Less? Gerald Friedman
    • 8.6 Climate Policy as Wealth Creation James K. Boyce
  • Chapter 7: Labor Markets
    • Introduction
    • 6.1 We're Not Lovin' It Nicole Aschoff
    • 6.2 What's Behind Union Decline? U.S. vs. CanadaAlejandro Reuss
    • 6.3 Unemployment: A Jobs Deficit or a Skills Deficit?John Miller and Jeannette Wicks–Lim
    • 6.4 Skew You! WSJ Editors Upset that Obamacare Makes Workers Less Desperate John Miller
    • 6.5 Dog Walking and College Teaching: The Rise of the Gig Economy Gerald Friedman
    • 6.6 These Things Can Change David Bacon and Rosario Ventura
    • 6.7 From Kings of the Road to Serfs of the Company Dan LaBotz
    • 6.8 The False Libertarianism of the Silicon Valley Billionaires Dean Baker
    • 6.9 How High Could the Minimum Wage Go? Jeannette Wicks-Lim
  • Chapter 8: The Distribution of Income and Wealh
    • Introduction
    • 7.1 Geese, Golden Eggs, and Traps Chris Tilly
    • 7.2 Inequality: The Silly Tales Economists Like to Tell Dean Baker
    • 7.3 The Wages of Gender Gerald Friedman
    • 7.4 Black-White Income Differences: What's Happened? Arthur MacEwan
    • 7.5 Unions and Income Inequality Arthur MacEwan
    • 7.6 The Undeserving Rich Gar Alperovitz and Lew Daly
    • 7.7 The Great Land Giveaway in Mozambique Timothy A. Wise
    • 7.8 Food Insecurity in Affluent America Gerald Friedman
  • Chapter 9: Taxation
    • Introduction
    • 9.1 The Great Tax-Cut Experiment Gerald Friedman
    • 9.2 Can Tax Cuts Really Increase Government Revenue? Ellen Frank
    • 9.3 No Fooling—Corporations Don’t Pay Taxes John Miller
    • 9.4 What's Wrong With a Flat Tax? Arthur MacEwan
    • 9.5 The State Income Tax and the Footloose Taxpayer John Miller
    • 9.6 Regressive State Taxes Gerald Friedman
    • 9.7 Transaction Tax: Sand in the Wheels, Not in the Face John Miller
  • Chapter 10: Trade and Development
    • Introduction
    • 10.1 Comparative Advantage Ramaa Vasudevan
    • 10.2 The Globalization Clock 10.3 The Ex/Im Bank: "Crony Capitalism"? Arthur MacEwan
    • 10.4 Is China's Currency Manipulation Hurting the U.S.? Arthur MacEwan
    • 10.5 Should Developing Countries Embrace Protectionism? Ellen Frank
    • 10.6 Chinese Workers Stand Up John Miller
    • 10.7 Keep It In the Ground Elissa Dennis
  • Chapter 11: Policy Spotlight: Generational "War"?
    • Introduction
    • 11.1 Are Our Parents Stealing From Our Children? No, They’re Not Dean Baker
    • 11.2 Education: Not Just "Human Capital" Arthur MacEwan
    • 11.3 Putting the Screws to Generation Screwed John Miller
    • 11.4 The Student Debt Crisis and the Debtfare State Suzanne Soederberg
    • 11.5 What Happened to Defined-Benefit Pensions? Arthur MacEwan
    • 11.6 Myths of the Deficit Marty Wolfson
    • 11.7 Climate Economics in Four Easy Pieces Frank Ackerman
  • Contributors