What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text

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9780765639233: What Every Economics Student Needs to Know and Doesn't Get in the Usual Principles Text
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"John Komlos provides an important complement to--and corrective for--the standard Economics 101 textbook. This book clearly explains why free markets are far from perfect and, indeed, do not exist in the vast majority of the modern economy. Instead of fetishizing economic efficiency, Komlos explains why economics should focus on creating a better society and helping all of us live more fulfilling lives." -- James Kwak, University of Connecticut, co-author of 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

"A serious student of economics must come to terms with what is worthwhile in what he or she learns and what is not. John Komlos's new book can provide a valuable assist in that effort." -- Alexander J. Field, Santa Clara University

"The 'Great Recession' which began in 2008 was not anticipated by economists, and they remain divided about the remedies. In the meantime, economic stagnation continues. Economics requires a re-think, but this is proving hard. In this excellent book, John Komlos makes a start: he shows what parts of theory remain useful, and which ones have been falsified by experience. He highlights what the new theory will need to explain. Most importantly, he shows that it is necessary to start from current economics in order to reform it. Fluently written, accessible, and highly recommended as a corrective to standard textbooks." -- Avner Offer, University of Oxford

"The real world seldom operates like the diagrams in economics textbooks. Often left out are that human beings often act irrationally, markets have rules and models typically began with the assumption of ' all else being equal.' John Komlos provides a welcome and much needed real world look at the dismal science in his Critique of Pure Economics. In plain language that even high school seniors can grasp, Komlos shows the wishful thinking that infects standard economic texts and builds his case with empirical facts." -- David Cay Johnston, Pulitzer Prize-winning author of The Fine Print: How Big Companies Use "Plain English" to Rob You Blind

Reseña del editor:

This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations. Each chapter starts with a short "refresher" of standard neoclassical economic modeling before getting into real world economic life. Komlos shows how misleading it can be to mechanically apply the perfect competition model in an oligopolistic environment where only an insignificant share of economic activity takes place in perfectly competitive conditions. Most economics texts introduce the notion of oligopoly and differentiate it from the perfect competition model with its focus on "price takers." Komlos contends that oligopolies are "price makers" like monopolies and cause consumers and economies nearly as much harm. Likewise, most textbook authors eschew any distortions of market pricing by government, but there is usually little discussion of the real impact of minimum wages, which Komlos corrects. The book is an affordable supplement for all basic economics courses or for anyone who wants to review the basic ideas of economics with clear eyes. Online instructor's materials and PowerPoints created by the author are available upon request.

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1.

John Komlos
Editorial: Taylor Francis Inc, United States (2015)
ISBN 10: 0765639238 ISBN 13: 9780765639233
Nuevos Paperback Primera edición Cantidad: 1
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The Book Depository
(London, Reino Unido)
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Descripción Taylor Francis Inc, United States, 2015. Paperback. Estado de conservación: New. 1st ed.. 251 x 175 mm. Language: English . Brand New Book. This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations. Each chapter starts with a short refresher of standard neoclassical economic modelling before getting into real world economic life. Komlos shows how misleading it can be to mechanically apply the perfect competition model in an oligopolistic environment where only an insignificant share of economic activity takes place in perfectly competitive conditions. Most economics texts introduce the notion of oligopoly and differentiate it from the perfect competition model with its focus on price takers. Komlos contends that oligopolies are price makers like monopolies and cause consumers and economies nearly as much harm. Likewise, most textbook authors eschew any distortions of market pricing by government, but there is usually little discussion of the real impact of minimum wages, which Komlos corrects. The book is an affordable supplement for all basic economics courses or for anyone who wants to review the basic ideas of economics with clear eyes. Nº de ref. de la librería KNV9780765639233

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Komlos, John
ISBN 10: 0765639238 ISBN 13: 9780765639233
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John Komlos
Editorial: Taylor Francis Inc, United States (2015)
ISBN 10: 0765639238 ISBN 13: 9780765639233
Nuevos Paperback Primera edición Cantidad: 1
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The Book Depository US
(London, Reino Unido)
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Descripción Taylor Francis Inc, United States, 2015. Paperback. Estado de conservación: New. 1st ed.. 251 x 175 mm. Language: English . Brand New Book. This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations. Each chapter starts with a short refresher of standard neoclassical economic modelling before getting into real world economic life. Komlos shows how misleading it can be to mechanically apply the perfect competition model in an oligopolistic environment where only an insignificant share of economic activity takes place in perfectly competitive conditions. Most economics texts introduce the notion of oligopoly and differentiate it from the perfect competition model with its focus on price takers. Komlos contends that oligopolies are price makers like monopolies and cause consumers and economies nearly as much harm. Likewise, most textbook authors eschew any distortions of market pricing by government, but there is usually little discussion of the real impact of minimum wages, which Komlos corrects. The book is an affordable supplement for all basic economics courses or for anyone who wants to review the basic ideas of economics with clear eyes. Nº de ref. de la librería KNV9780765639233

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John Komlos
Editorial: Routledge 2014-02-25 (2014)
ISBN 10: 0765639238 ISBN 13: 9780765639233
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Chiron Media
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Descripción Routledge 2014-02-25, 2014. Estado de conservación: New. Brand new book, sourced directly from publisher. Dispatch time is 24-48 hours from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Nº de ref. de la librería NU-GRD-05269767

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John Komlos
Editorial: Taylor & Francis Inc 2014-03-30, Armonk (2014)
ISBN 10: 0765639238 ISBN 13: 9780765639233
Nuevos paperback Cantidad: 5
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Blackwell's
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Descripción Taylor & Francis Inc 2014-03-30, Armonk, 2014. paperback. Estado de conservación: New. Nº de ref. de la librería 9780765639233

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John Komlos
ISBN 10: 0765639238 ISBN 13: 9780765639233
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Ria Christie Collections
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Descripción Paperback. Estado de conservación: New. Not Signed; This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with em. book. Nº de ref. de la librería ria9780765639233_rkm

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Komlos, John
Editorial: Routledge (2014)
ISBN 10: 0765639238 ISBN 13: 9780765639233
Nuevos Tapa blanda Cantidad: 6
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Descripción Routledge, 2014. Estado de conservación: New. This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations. Num Pages: 240 pages, black & white illustrations, black & white tables, figures, graphs. BIC Classification: KC. Category: (G) General (US: Trade). Dimension: 255 x 178 x 23. Weight in Grams: 524. . 2014. Paperback. . . . . . Nº de ref. de la librería V9780765639233

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Komlos, John
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Descripción Estado de conservación: New. Depending on your location, this item may ship from the US or UK. Nº de ref. de la librería 97807656392330000000

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Komlos, John
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Komlos, John
ISBN 10: 0765639238 ISBN 13: 9780765639233
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Descripción Estado de conservación: New. Publisher/Verlag: Taylor & Francis | This short book explores a core group of 40 topics that tend to go unexplored in an Introductory Economics course. Though not a replacement for an introductory text, the work is intended as a supplement to provoke further thought and discussion by juxtaposing blackboard models of the economy with empirical observations. | Format: Paperback | Language/Sprache: english | 545 gr | 256x177x13 mm | 240 pp. Nº de ref. de la librería K9780765639233

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