Thanks to everyone who the first eight chapters of my book-in-progress, Economics in Two Lessons. I’ve found the comments on Chapter 8 valuable, but haven’t yet found time to edit in response to them. Soon, I hope! In the meantime, I’ve posted a draft of Chapter 9: Market Failure. Comments, criticism and praise are welcome. The book so far is availableTable of ContentsIntroduction.Chapter 1: What is opportunity cost?Chapter 2: Markets, opportunity cost and equilibriumChapter 3:Time, information and uncertaintyChapter 4:Lesson 1: Applications.Chapter 5: Lesson 1 and economic policy.Chapter 6: The opportunity cost of destructionChapter 7: Property rights, and income distributionChapter 8:Unemployment
Topics:
John Quiggin considers the following as important: Economics in Two Lessons
This could be interesting, too:
John Quiggin writes Scarcity and plenty
John Quiggin writes Trade offs and free lunches in pandemic policy
John Quiggin writes Coming events
John Quiggin writes Review of Economics in Two Lessons
Thanks to everyone who the first eight chapters of my book-in-progress, Economics in Two Lessons. I’ve found the comments on Chapter 8 valuable, but haven’t yet found time to edit in response to them. Soon, I hope!
In the meantime, I’ve posted a draft of Chapter 9: Market Failure. Comments, criticism and praise are welcome.
The book so far is available
Table of Contents
Introduction.
Chapter 1: What is opportunity cost?
Chapter 2: Markets, opportunity cost and equilibrium
Chapter 3:Time, information and uncertainty
Chapter 4:Lesson 1: Applications.
Chapter 5: Lesson 1 and economic policy.
Chapter 6: The opportunity cost of destruction
Chapter 7: Property rights, and income distribution
Chapter 8:Unemployment