Fortune Encyclopedia of Economics

The science of economics is as fascinating complex, and diverse as the human animal from which it arises - and economic history, theories, and practices touch every aspect of our existence. The Fortune Encyclopedia of Economics, the only work of its kind, lifts the veil of mystery from economics and takes you on a user-friendly journey through this fascinating and important field. Respected economist David R. Henderson has brought together the most brilliant minds in economics, including Nobel Prize winners, scholars, presidential advisors, and financial columnists. Each expert addresses issues within his or her field in essays that are colorful as well as instructive. Chapters range from "Basic Concepts" to "Economic Regulation" and "Corporations and Financial Markets". Within each chapter are alphabetically arranged topics such as advertising, benefit-cost analysis, federal deficit, entrepreneurship, inflation, junk bonds, property rights, rent control, and electric utility regulation. Essays are cross-referenced to other relevant chapters. In addition, an extensive biographical section has detailed profiles of the men and women who shaped economic thinking throughout history. From Thomas W. Hazlett's review of apartheid to Gerald W. Scully's discussion of the special market of sports, from a lucid description of protectionism to an explanation of what moves stock prices the more than 150 topics are surprising in their range and broad relevance. And from the theories of John Maynard Keynes to current controversies about Clinton's economics, the issues examined in this book will both answer specific questions quickly and provide a lifetime of rewarding reading.Henderson, David R. is the author of 'Fortune Encyclopedia of Economics' with ISBN 9780446516372 and ISBN 0446516376.