Schiller, Bradley R.,

The economy today Bradley R. Schiller, with Karen Gebhardt. - Sixteenth edition. - xxx,831p.,27.5cm illu., has images, has index, has glossary

Includes index.

"The Economy Today is exceptionally well suited for this task. From its inception, this text has been motivated by policy issues. The primary goal has been to help students understand the challenges of economic pol-icy and the consequences of specific actions like tariffs, regulation, and tax reform. It has always provided a bal-anced discussion of these issues, allowing students to assess different perspectives on critical issues. For this edi-tion, instructors will particularly appreciate the unique chapters that provide a solid foundation for explaining, illus-trating, and assessing major Trump initiatives. Chapter 16, for example, is devoted to supply-side theory, a core foundation of Trumponomics. Students can explore the theoretical basis for tax cuts, deregulation, and immigration reform. Chapter 35 on international trade goes beyond the theory of comparative advantage to explain why and how some market participants seek to erect trade barriers. The unique chapter devoted to deregulation (Chapter 27) ex-amines the rationale for government regulation of industry, the inherent trade-offs, and the consequences of (de)regulation. The same kind of insistence on critical thinking about policy issues is apparent in Chapter 28 on envi-ronmental protection"--

9781266068430


Economics.

HB171.5 / .S292 2022

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