Real World Micro

Real World Micro cover
Edition:
23rd
Date of publication:
June 2016
ISBN:
978-1-939402-24-0
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 Sharing the Wealth of the Commons Peter Barnes
    • 1.6 The Future of Work, Leisure, and Consumption Juliet Schor
  • Chapter 2: Supply and Demand
    • Introduction
    • 2.1 Price Gouging: It’s Just Supply and Demand Marc Breslow
    • 2.2 Fiddling in Rome While Our Food Burns Timothy A. Wise and Marie Brill
    • 2.3 Does Rent Control Hurt Tenants? Ellen Frank
    • 2.4 Is a $15 Minimum Wage Economically Feasible? Jeannette Wicks-Lim
    • 2.5 Corporate Cronyism: The Secret to Overpaid CEOs Dean Baker
    • 2.6 Walled Off from Reality John Miller
    • 2.7 The Airfare Mystery Arthur MacEwan
  • 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 Do Locavores Have a Dilemma? Anita Dancs and Helen Scharber
    • 3.5 Campus Struggles Against Sweatshops Continue Sarah Blaskey and Phil Gasper
    • 3.6 How to Take on the Card Sharks—And Win! Jim Campen
  • Chapter 4: Firms, Production, and Profit Maximization
    • Introduction
    • 4.1 What Are Corporations? Alejandro Reuss
    • 4.2 Trans-Pacific Partnership: Corporate Power Unbound John Miller
    • 4.3 What’s Good for Wal-Mart ... John Miller
    • 4.4 How Private Equity Works and Why it Matters Eileen Appelbaum and Rosemary Batt
    • 4.5 A Case for Public Ownership Arthur MacEwan
    • 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 Monopoly Capital and Global Competition Arthur MacEwan
    • 5.4 Want Free Trade? Open the Medical and Drug Insustry to Competition Dean Baker
    • 5.5 No Friendship in Trade Sasha Breger Bush
    • 5.6 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 The Phantom Menace: Environmental Regulations Are Not "Job-Killers" Heidi Garrett-Peltier
    • 6.3 A Superfund for Workers 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 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 Unemployment: A Jobs Deficit or a Skills Deficit?John Miller and Jeannette Wicks–Lim
    • 7.3 The Sharing Economy Needs a Public Option Dean Baker
    • 7.4 Dog Walking and College Teaching: The Rise of the Gig Economy Gerald Friedman
    • 7.5 Manicures, Pedicures, and Commodity Fetishism Zoe Sherman
    • 7.6 Household Labor, Caring Labor, Unpaid Labor Nancy Folbre
    • 7.7 Missing Women Workers Sirisha Naidu
  • 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 The Wages of Gender Gerald Friedman
    • 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 What’s Wrong With a Flat Tax? Arthur MacEwan
    • 9.5 The Burdens of American Federalism Gerald Friedman
    • 9.6 Transaction Tax: Sand in the Wheels, Not in the Face John Miller
    • 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 Do Trade Agreeements Foreclose Progressive Policy? Arthur MacEwan
    • 10.5 After Horror, Change? John Miller
    • 10.6 Puerto Rico’s Colonial Economy Arthur MacEwan
    • 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 Education: Not Just "Human Capital" Arthur MacEwan
    • 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 Climate Economics in Four Easy Pieces Frank Ackerman
  • Contributors