Trade-Offs

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A highly reasonable, lightly fun introduction to thinking like an economist. When economists wrestle with issues such as unemployment, inflation, or pandemics, they do so in an impersonal, detached way: what's the most low-cost way to maximize good and minimize bad? These trade-offs constitute the core of how economists see the world-and make the policies that govern it. Trade-Offs is an introduction to the economic approach of analyzing controversial public-policy issues, from fiscal policies to public health and social issues. A useful introduction to the various factors that inform public opinion and policymaking, Trade-Offs comprises case studies on topics drawn from across contemporary law and society. 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"--