Living Economics: Yesterday, Today, and Tomorrow

Description

A great supplemental text for the teaching of economics, this book offers a clear perspective and a passion for a deeper understanding of the subject. Economics is not merely a game to be played by clever professionals, but a discipline that touches upon the most pressing practical issues at any historical juncture. The wealth and poverty of nations is at stake; the length and quality of life turns on the economic conditions individuals find themselves living within. Touching upon a variety of subjects--including market socialism, political economy, and economics education--this reference contains the wisdom of an expert in the field. Cover Copyright Page Table of Contents Preface Chapter 1: Economics for Yesterday, Today, and Tomorrow Part I: On Teaching Economics Chapter 2: On the Tasks of Economics Education Chapter 3: On Teaching Graduate Students in Austrian Economics Chapter 4: Teaching Economics, Appreciating Spontaneous Order, and Economics as a Public Science Part II: On Teachers of Economics Chapter 5: Relevance as a Virtue: Hans Sennholz Chapter 6: The Forgotten Contribution: Murray Rothbard on Socialism in Theory and in Practice Chapter 7: Mr. Boulding and the Austrians Chapter 8: Putting the “Political” Back into Political Economy: Warren Samuels Chapter 9: Maximizing Behavior and Market Forces: Gordon Tullock Chapter 10: Methodological Individualism, Spontaneous Order, and the Research Program of the Workshop in Political Theory and Policy Analysis: Vincent and Elinor Ostrom Chapter 11: Is the Only Form of “Reasonable Regulation” Self-Regulation? Elinor Ostrom Chapter 12: The Matter of Methodology: Don Lavoie Chapter 13: Invitation to Political Economy: Peter Berger and the Comedic Drama of Political, Economic, and Social Life Chapter 14: Was Mises Right? Chapter 15: The Genius of Mises and the Brilliance of Kirzner Chapter 16: Hayek and Market Socialism: Science, Ideology, and Public Policy Chapter 17: James M. Buchanan and the Rebirth of Political Economy Part III: On the Practice of Economics Chapter 18: Where Did Economics Go Wrong? Modern Economics as a Flight from Reality Chapter 19: Man as Machine Chapter 20: The Limits of Economic Expertise Chapter 21: High Priests and Lowly Philosophers Part IV: Conclusion Chapter 22: A Few Critical Paragraphs That Should Shape What We Teach, and Why We Teach, Economics: Smith, Mises, and Hayek Bibliography Acknowledgements Index About the Author Back Cover