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Puzzles and Paradoxes in Economics High quality books

Puzzles and Paradoxes in Economics
By:Mark Skousen,Kenna C. Taylor
Published on 1998 by Edward Elgar Pub

Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book includes fifty puzzles and focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as, why do some supermarket items sell for more per ounce in larger sizes?). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as, the diamond-water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today's economists (such as the voting paradox).Fifty puzzles and paradoxes are analysed in a clear framework. Examples include: the fairness of market wages, the alleged gold absurdity, Giffin goods and the Irish potato famine, the paradox of thrift, the supposed perversity of Wall Street, the leisure paradox, why the best Washington apples are shipped out of state (the Alchian-Allen theorem), the question of whether teachers are underpaid, whether studying economics makes people immoral and whether war is good for the economy.This original and unusual book will have a wide appeal, ranging from the lay person with an interest in everyday economic puzzles, to the student and teacher wishing to develop their understanding of some of the paradoxes that have existed and continue to exist in economics. It will serve as an ideal source for teachers who want to challenge their students with unusual economic problems.

This Book was ranked at 25 by Google Books for keyword Gibson's paradox.

Book ID of Puzzles and Paradoxes in Economics's Books is yO4eAQAAMAAJ, Book which was written byMark Skousen,Kenna C. Taylorhave ETAG "SScPuI5+Fj0"

Book which was published by Edward Elgar Pub since 1998 have ISBNs, ISBN 13 Code is and ISBN 10 Code is

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Book which have "215 Pages" is Printed at BOOK under CategoryBusiness and Economics

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