Applied Economics: Thinking Beyond Stage One

Blackstone Audio Inc.

Narrated by Bill Wallace

11 hr 37 min
1

Applied Economics is an accessible guide to how our economic decisions develop. It explains the application of economics to major world problems, including housing, medical care, discrimination, and the economic development of nations, illustrating with examples from around the world. This new, expanded edition has been updated to address economic questions that are particularly relevant to our times, with chapters on the economics of immigration, the economics of organ transplants, the "creative" financing of home buying that led to the current mortgage crisis, and the political and economic incentives that lead to money earmarked for highways being diverted to mass transit and to a general neglect of infrastructure. The book retains its easy readability, even for people with no prior knowledge of economics.
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Additional Information

Publisher
Blackstone Audio Inc.
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Published on
Apr 28, 2009
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Duration
11h 37m 30s
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ISBN
9781483051956
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Language
English
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Genres
Business & Economics / Economics / General
Business & Economics / Economics / Theory
Business & Economics / General
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Eligible for Family Library

Listening information

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An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in 1944-when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program-The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy.First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate, widespread attention. The first printing of 2,000 copies was exhausted instantly, and within six months more than 30,000 books were sold. In April 1945, Reader's Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this edition to more than 600,000 readers. A perennial bestseller, the book has sold 400,000 copies in the United States alone and has been translated into more than twenty languages, along the way becoming one of the most important and influential books of the century.With this new edition, The Road to Serfdom takes its place in the series the Collected Works of F. A. Hayek. The volume includes a foreword by series editor and leading Hayek scholar Bruce Caldwell explaining the book's origins and publishing history and assessing common misinterpretations of Hayek's thought. Caldwell has also standardized and corrected Hayek's references and added helpful new explanatory notes. Supplemented with an appendix of related materials ranging from prepublication reports on the initial manuscript to forewords to earlier editions by John Chamberlain, Milton Friedman, and Hayek himself, this new edition of The Road to Serfdom is the definitive version of Hayek's enduring masterwork.
For almost three decades at the end of the fifth century BC the ancient world was torn apart in a conflict that was, within its historical context, as dramatic, divisive, and destructive as the great world wars of the twentieth century. The Peloponnesian War pitted Greek against Greek: the Athenians, with their glorious empire, rich legacy of democracy and political rights, and extraordinary cultural achievement, against the militaristic, oligarchic Spartan state. The result was a period of unprecedented brutality, one that violated even the rugged code that had previously governed Greek combat, and led to an enormous destruction of life and property, intensification of factional and class hostility, and a reversal of the trend toward democratic development. With these came a collapse in the habits, institutions, beliefs, and restraints that had long been the foundation of civilization. Now Donald Kagan, one of the world's most respected historians, has written a new account of the Peloponnesian War-a lively, readable narrative that offers a richly detailed portrait of a vanished world while honoring its timeless relevance. In chronicling the rise and fall of a great empire, The Peloponnesian War illuminates the interplay of intelligence and chance in human affairs, the role of great individuals and masses of people in determining the course of events, and the potential of leadership and the limits within which it must operate. Among the brilliant portraits of extraordinary statesmen are those of Pericles, the greatest among the Athenians and a man determined to pursue a policy of deterrence, and the charismatic, duplicitous Alcibiades. Kagan captures the dynamic of war in his thrilling re-creations of some of the most famous military campaigns of antiquity. With its fresh examination of a pivotal moment of Western civilization, The Peloponnesian War is a magisterial work of historiography-a chronicle of a dark time whose lessons are especially resonant today.
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