Entrepreneurial Economics: Bright Ideas from the Dismal Science

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9780195150285: Entrepreneurial Economics: Bright Ideas from the Dismal Science
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This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.

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About the Author:

Alexander Tabarrok is at The Independent Institute, Oakland.

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"Appropriate for students, business and social entrepreneurs, and professional economists, ENTREPRENEURIAL ECONOMICS gives valuable insights into the power, scope and relevance of economic thinking and provides an intriguing, inspiring and irreplaceable resource for seeking real solutions to complex social problems." THE LIGHTHOUSE, 'Enlightening Ideas for Public Policy...', Vol. 4, Issue 6, Feb. 12, 2002


"The essays in ENTREPRENEURIAL ECONOMICS dsplay economic ingenuity at its best, devoted to inventing market solutions for a remarkably wide range of public issues. The analysis is subtle and tends to be comprehensive; though the subjects are challenging, the exposition is lucid." MILTON FRIEDMAN, Nobel Laureate in Economic Science


"I thoroughly enjoyed ENTREPRENEURIAL ECONOMICS....A very stimulating collection of ingenious ideas that can be characterized as market cures for market failure. A substantial number are promising as practical measures that can contribute to economic welfare, and all of them stimulate the imagination, promising to elicit new ideas from the reader." WILLIAM J. BAUMOL, Department of Economics, New York University


"ENTREPRENEURIAL ECONOMICS offers a lively, eye-opening, mind stretching applications of economic principles and analysis. Students who read it will confound teachers who haven't." ARMEN A. ALCHIAN, Professor of Economics, UCLA


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