Real World Micro

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Real World Micro cover
Edition:
26th
Date of publication:
June 2019
ISBN:
978-1-939402-42-4
Price:
$37.95



  • Introduction
  • Chapter 1: Markets: Ideology and Reality
    • Introduction
    • 1.1 The Unreal Basis of Neoclassical Economics Al Campbell, Ann Davis, David Fields, Paddy Quick, Jared Ragusett, and Geoffrey Schneider
    • 1.2 “Free-Market” Outcomes Are Not Fair—And Not Free Marty Wolfson
    • 1.3 Shaking the Invisible Hand Chris Tilly
    • 1.4 Pursuing Profits—Or Power? James K. Boyce
    • 1.5 Freedom, Equity, and Efficiency Alejandro Reuss
    • 1.6 Whatever Happened to the Working Class? Martin Oppenheimer
    • 1.7 Sharing the Wealth of the Commons Peter Barnes
  • Chapter 2: Supply and Demand
    • Introduction
    • 2.1 Price Gouging: It’s Just Supply and Demand Marc Breslow
    • 2.2 The Economics of Residential Rent Control Stephen Barton
    • 2.3 What Are the Effects of a $15/hour Minimum Wage? Arthur MacEwan
    • 2.4 Bubbles: Are They Back? Dean Baker
    • 2.5 The Airfare Mystery Arthur MacEwan
    • 2.6 Want Free Trade? Open the Medical and Drug Industry to Competition Dean Baker
  • 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 Forced Arbitration Is Bad for Consumers Heidi Shierholz
    • 3.4 Campus Struggles Against Sweatshops Continue Sarah Blaskey and Phil Gasper
    • 3.5 A Flying Public Finally Erupts Sam Pizzigati
    • 3.6 The Future of Work, Leisure, and Consumption Juliet Schor
  • Chapter 4: Firms, Production, and Profit Maximization
    • Introduction
    • 4.1 What Are Corporations? Alejandro Reuss
    • 4.2 If Corporations Are People, What Kind of People Are They? Geoff Schneider
    • 4.3 Neutralized: Big Tech's Retreat from Net Neutrality Rob Larson
    • 4.4 What’s Good for Wal-Mart ... John Miller
    • 4.5 High CEO Pay: It's What Friends Are For Dean Baker
    • 4.6 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 Hopsopoly Rob Larson
    • 5.4 Monopoly Capital and Global Competition Arthur MacEwan
    • 5.5 No Friendship in Trade Sasha Breger Bush
    • 5.6 Facebook: The Sorry Company Dean Baker
  • Chapter 6: Market Failure II: Externalities
    • Introduction
    • 6.1 Pricing the Priceless: Inside the Strange World of Cost–Benefit Analysis Lisa Heinzerling and Frank Ackerman
    • 6.2 Can We Afford a Stable Climate? Frank Ackerman
    • 6.3 Inequality, Sunk Costs, and Climate Justice Frank Ackerman
    • 6.4 Jobs, Justice, and the Clean-Energy Future Jeremy Brecher
    • 6.5 Is Economic Growth Environmentally Sustainable? James K. Boyce
    • 6.6 Are Nuclear Power Plant Closures a Mistake? Frank Ackerman
    • 6.7 Mapping Environmental Injustice Klara Zwickl, Michael Ash, and James K. Boyce
  • Chapter 7: Labor Markets
    • Introduction
    • 7.1 What’s Behind Union Decline? U.S. vs. CanadaAlejandro Reuss
    • 7.2 Dog Walking and College Teaching: The Rise of the Gig Economy Gerald Friedman
    • 7.3 How Much of the U.S. Economy Is Devoted to Social Control? Arthur MacEwan
    • 7.4 What's Behind the Teachers' Strikes Chris Brooks
    • 7.5 Household Labor, Caring Labor, Unpaid Labor Nancy Folbre
    • 7.6 Traditional Measures of Unemployment Are Missing the Mark Mark Paul
    • 7.7 "Migration Is a Form of Fighting Back" David Bacon
  • Chapter 8: The Distribution of Income and Wealh
    • Introduction
    • 8.1 Geese, Golden Eggs, and Traps Chris Tilly
    • 8.2 The Stock Market and Class Conflict John Miller
    • 8.3 "Equal Pay" Is Not So Equal John Miller
    • 8.4 It Pays to Be White Jeannette Wicks-Lim
    • 8.5 Unions and Income Inequality Arthur MacEwan
    • 8.6 The Undeserving Rich Gar Alperovitz and Lew Daly
    • 8.7 Pay No Attention to the Inequality Behind the Curtain John Miller
  • Chapter 9: Taxation
    • Introduction
    • 9.1 Can Tax Cuts Really Increase Government Revenue? Ellen Frank
    • 9.2 The Great Tax-Cut Experiment Gerald Friedman
    • 9.3 Are the Trump Tax Cuts Working and Does Anyone Care? Dean Baker
    • 9.4 The Burdens of American Federalism Gerald Friedman
    • 9.5 State Millionaires' Taxes Do Work John Miller
    • 9.6 Wealth Inequality and Wealth Taxation: A Primer on Piketty Steven Pressman
  • Chapter 10: Trade and Development
    • Introduction
    • 10.1 Comparative Advantage Ramaa Vasudevan
    • 10.2 Beyond Trump's Tariffs and Trade War John Miller
    • 10.3 Trump Is Giving Protectionism a Bad Name William G. Moseley
    • 10.4 Dancing on Quicksand: A Retrospective on NAFTA on the Eve of Its Replacement James M. Cypher and Mateo Crossa
    • 10.5 Does U.S. Prosperity Depend on Exploitation? Arthur MacEwan
    • 10.6 Puerto Rico's Colonial Economy Arthur MacEwan
    • 10.7 Whatever Happened to Development? Jawied Nawabi
  • Chapter 11: Policy Spotlight: Deindustrialization
    • Introduction
    • 11.1 The Globalization Clock Thomas Palley
    • 11.2 Trade Denialism Continues: Trade Really Did Kill Manufacturing Jobs Dean Baker
    • 11.3 Monetary Policy, Financialization, and the Loss of U.S. Manufacturing Jobs Marie Duggan
    • 11.4 Rising Asset Bubbles Distort the Industrial Base Marie Duggan
    • 11.5 Reindustrialization in the Granite State Marie Duggan
  • Contributors