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Trade-Offs: An Introduction to Economic Reasoning and Social Issues - Hardcover

  • 4.05 out of 5 stars
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9780226902241: Trade-Offs: An Introduction to Economic Reasoning and Social Issues

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Synopsis

When economists wrestle with issues such as unemployment, inflation, or budget deficits, they do so by incorporating an impersonal, detached mode of reasoning. But economists also analyze issues that, to others, do not typically fall within the realm of economic reasoning, such as organ transplants, cigarette addiction, smoking in public, and product safety. Trade-Offs is an introduction to the economic approach to analyzing these controversial public policy issues.

Harold Winter provides readers with the analytical tools needed to identify and understand the trade-offs associated with these topics. By considering both the costs and benefits of potential policy solutions, Winter stresses that real-world policy decision making is best served by an explicit recognition of as many trade-offs as possible.

Intellectually stimulating yet accessible and entertaining, Trade-Offs will be appreciated by students of economics, public policy, health administration, political science, and law, as well as by anyone who follows current social policy debates.

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About the Author

Harold Winter is associate professor of economics at Ohio University.

Review

"This is a delightful book. It made me feel proud to be an economist." (Miles Kimball Miles Kimball 2004-12-20)

"With this slim volume, Winter joins the ranks of recent economists who have tried to unlock the mysteries of economic reasoning for the uninitiated. Winter's book boasts one major advantage over its competitors: its organization around a unifying theme (benefit-cost analysis and the gains from trade) provides a conceptual framework that enables the reader to see patterns among the different issues surveyed. Given the target audience for this volume, the value of this pedagogical device cannot be overestimated. The topics are interesting, the writing is crisp, technical terms are adequately explained, and the tone is entertaining. Winter's interest in law is readily apparent throughout the book, from his discussion of piracy and copyright infringement to his analysis of product liability. . . . Winter's book is a wonderful introduction to economics for the layperson, as well as an excellent supplement for use in an entry-level economics course." (J. H. Turek CHOICE 2005-10-03)

Choice "Outstanding Academic Title" 2006   (Choice 2006-01-01)

"About this title" may belong to another edition of this title.

  • PublisherUniversity of Chicago Press
  • Publication date2005
  • ISBN 10 0226902242
  • ISBN 13 9780226902241
  • BindingHardcover
  • LanguageEnglish
  • Number of pages126
  • Rating
    • 4.05 out of 5 stars
      102 ratings by Goodreads

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Other Popular Editions of the Same Title

9780226902258: Trade-Offs: An Introduction to Economic Reasoning and Social Issues

Featured Edition

ISBN 10:  0226902250 ISBN 13:  9780226902258
Publisher: University of Chicago Press, 2005
Softcover