Real World Micro

Real World Micro cover
Edition:
24th
Date of publication:
June 2017
ISBN:
978-1-939402-31-8
Price:
$36.95



  • Introduction
  • Chapter 1: Markets: Ideology and Reality
    • Introduction
    • 1.1 “Free-Market” Outcomes Are Not Fair—And Not Free Marty Wolfson
    • 1.2 Shaking the Invisible Hand Chris Tilly
    • 1.3 Pursuing Profits—Or Power? James K. Boyce
    • 1.4 Freedom, Equity, and Efficiency Alejandro Reuss
    • 1.5 (Economic) Freedom's Just Another Word for...Crisis-Prone John Miller
    • 1.6 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 Does Rent Control Hurt Tenants? Ellen Frank
    • 2.3 Is a $15 Minimum Wage Economically Feasible? Jeannette Wicks-Lim
    • 2.4 Bubble Trouble 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 The Economics of Net NeutralityRob Larson
    • 3.4 Campus Struggles Against Sweatshops Continue Sarah Blaskey and Phil Gasper
    • 3.5 The Corporate P.R.opagana Machine Rob Larson
    • 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 Stock Buybacks: Any Positive Outcome? Arthur MacEwan
    • 4.4 What’s Good for Wal-Mart ... John Miller
    • 4.5 How Private Equity Works and Why it Matters Eileen Appelbaum and Rosemary Batt
    • 4.6 Corporate Cronyism: The Secret to Overpaid CEOs Dean Baker
    • 4.7 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 A Flying Public Finally Erupts Sam Pizzigati
    • 5.5 Monopoly Capital and Global Competition Arthur MacEwan
    • 5.6 No Friendship in Trade Sasha Breger Bush
    • 5.7 The False Libertarianism of the Silicon Valley Billionaires 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 How Growth Can Be Green An Interview with Robert Pollin
    • 6.3 Jobs, Justice, and the Clean-Energy Future Jeremy Brecher
    • 6.4 Frackonomics: The Science and Economics of the Gas Boom Rob Larson
    • 6.5 Climate Policy as Wealth Creation 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 The Fallout from Subcontracting Arthur MacEwan
    • 7.3 Working in the "Sharing Economy" Anders Fremstad
    • 7.4 Dog Walking and College Teaching: The Rise of the Gig Economy Gerald Friedman
    • 7.5 Class War by Other Means Chris Brooks
    • 7.6 Household Labor, Caring Labor, Unpaid Labor Nancy Folbre
    • 7.7 Will Artifical Intelligence Mean Massive Job Loss? Arthur MacEwan
    • 7.8 What Trump Can and Can't Do to Immigrants David Bacon
  • Chapter 8: The Distribution of Income and Wealh
    • Introduction
    • 8.1 Geese, Golden Eggs, and Traps Chris Tilly
    • 8.2 Inequality: The Silly Tales Economists Like to Tell Dean Baker
    • 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 Hunger in Affluent America Gerald Friedman
    • 8.8 Inequality in the World Arthur MacEwan
  • 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 Inversion Acceleration Roger Bybee
    • 9.4 BATs in the Belfry John Miller
    • 9.5 The Burdens of American Federalism Gerald Friedman
    • 9.6 The AHCA: A Matter of Life and Death Mark Paul and James K. Boyce
    • 9.7 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 The Globalization Clock Thomas Palley
    • 10.3 The Ex/Im Bank: "Crony Capitalism"? Arthur MacEwan
    • 10.4 Trade, Trump, and the Economy Dean Baker
    • 10.5 After Horror, Change? John Miller
    • 10.6 Puerto Rico’s Odious Debt Jose A. Laguarta Ramirez
    • 10.7 Should Developing Countries Embrace Protectionism? Ellen Frank
    • 10.8 Land Reform: A Precondition for Sustainable Economic Development Jawied Nawabi
  • Chapter 11: Policy Spotlight: Generational "War"?
    • Introduction
    • 11.1 Are Our Parents Stealing From Our Children? No, They’re Not Dean Baker
    • 11.2 No Country for Old People David Bacon
    • 11.3 Putting the Screws to Generation Screwed John Miller
    • 11.4 Why Free Higher Ed Can’t Wait Biola Jeje and Belinda Rodriguez
    • 11.5 What Happened to Defined-Benefit Pensions? Arthur MacEwan
    • 11.6 Myths of the Deficit Marty Wolfson
    • 11.7 Not Just for Future Generations James K. Boyce
  • Contributors