Real World Micro
Note: If you are a student at UMass-Amherst, please order through Collective Copies/Levellers Press (link here), or you may want to purchase a copy at Collective Copies at 71 S. Pleasant St. in Amherst. If you order through Dollars & Sense, there may be significant delays.
- Edition:
- 30th
- Date of publication:
- June 2023
- ISBN:
- 978-1-939402-77-6
- Price:
- $42.50
Note: This is the table of contents for the latest (30th) edition of Real World Micro. If you are ordering a pdf of an earlier edition of this title, please ask your instructor for that edition's table of contents, and make sure you order your pdf using the URL your instructor gave you.
- Introduction
- Chapter 1: Markets: Ideology and Reality
- Introduction
- 1.1 The Unreal Basis of Neoclassical Economics
- 1.2 What I Learned (and Didn't Learn) in Econ 100
- 1.3 Shaking the Invisible Hand
- 1.4 Pursuing Profits—Or Power?
- 1.5 Inequality and the Structure of Markets
- 1.6 Freedom, Equity, and Efficiency
- 1.7 Sharing the Wealth of the Commons
- 1.8 The Future of Work, Leisure, and Consumption
- Chapter 2: Supply and Demand
- Introduction
- 2.1 Price Gouging: It’s Just Supply and Demand
- 2.2 The Economics of Residential Rent Control
- 2.3 Getting Up to Speed on the Minimum Wage
- 2.4 Are Governments Economically Stupid in Failing to Suspend Patent Protection for Vaccines?
- 2.5 Leaky Governance: The Politics and Economics of Fuel Theft in Mexico
- 2.6 Cryptocurrencies Will Not Liberate Us
- 2.6 Brewing Inequality
- Chapter 3: Consumers
- Introduction
- 3.1 The 800-Pound Ronald McDonald in the Room
- 3.2 Underbanked and Overcharged
- 3.3 Forced Arbitration Is Bad for Consumers
- 3.4 The Limits of Ethical Consumerism
- 3.5 Campus Struggles Against Sweatshops Continue
- 3.6 Leveraging Financial Markets for Social Justice
- Chapter 4: Firms, Production, and Profit Maximization
- Introduction
- 4.1 What Are Corporations?
- 4.2 If Corporations Are People, What Kind of People Are They?
- 4.3 Control the Vampire Companies
- 4.4 Taylor's Digital Stopwatch
- 4.5 What’s Good for Wal-Mart ...
- 4.6 Boeing Hijacked by Shareholders and Execs!
- Chapter 5: Market Failure I: Market Power
- Introduction
- 5.1 Is Small Beautiful? Is Bigger Better?
- 5.2 A Brief History of Mergers and Antitrust Policy
- 5.3 Monopoly Everywhere
- 5.4 Monopoly So Fragile: Container Ships Are Too Big to Sail
- 5.5 Power, Wages, and Inequality
- 5.6 The Bankruptcy Games: Private Equity Case Studies
- 5.7 Caring by the Dollar: Nursing Homes, Private Equity, and Covid-19
- 5.8 How 'Big Oil' Works the System and Keeps Winning
- Chapter 6: Market Failure II: Externalities
- Introduction
- 6.1 Why the Climate Crisis Is Also the Crisis of Capitalism
- 6.2 Pricing the Priceless: Inside the Strange World of Cost–Benefit Analysis
- 6.3 Can We Afford a Stable Climate?
- 6.4 Everything Is Connected with Everything Else
- 6.5 What Can We Learn from Agriculture?
- 6.6 Essential, but Treated as Expendable
- Chapter 7: Labor Markets
- Introduction
- 7.1 Can the Decline of Organized Labor Be Reversed?
- 7.2 Household Labor, Caring Labor, Unpaid Labor
- 7.3 The Fight for $20 and a Union
- 7.4 Shut Up and Work!
- 7.5 Wage Theft as a Business Model
- 7.6 Battling Starbucks
- 7.7 Putting Children to Work
- Chapter 8: The Distribution of Income and Wealh
- Introduction
- 8.1 Geese, Golden Eggs, and Traps
- 8.2 The Rise of Income Inequality in the United States
- 8.3 "Equal Pay" Is Not So Equal
- 8.4 Undervaluation Is a Certainty: Measuring Black Women’s Wage Gap
- 8.5 The Undeserving Rich
- 8.6 Economic Inequality and Homelessness
- 8.7 Concentration of Stock Ownership
- 8.8 Financialization and Inequality
- 8.9 The United States: Plutocracy or Democracy?
- 8.10 Stop Stock Buybacks!
- Chapter 9: Taxation
- Introduction
- 9.1 Can Tax Cuts Really Increase Government Revenue?
- 9.2 The Great Tax-Cut Experiment
- 9.3 The Optimal Tax
- 9.4 Corporate Taxes: Less, Less, and Less
- Chapter 10: Trade and Development
- Introduction
- 10.1 Comparative Advantage
- 10.2 The Globalization Clock
- 10.3 Globalization in Crisis
- 10.4 Does U.S. Prosperity Depend on Exploitation?
- 10.5 Weaponizing Free Trade Agreements
- 10.6 SWIFT, the U.S. Dollar, and the Global Political Economy of Trade
- 10.7 Whatever Happened to Development?
- Contributors