Boettke (George Mason U.) reviews prominent economic and social thinkers of the twentieth century and opines where economics education went wrong. The author encourages professors to focus on the role played by private property, relative prices, and profit-and-loss accounting in an economic system rather than introducing economics as a form of social control. Distributed in the U.S. by Independent Publishers Group. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)
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A great supplemental text for the teaching of economics, this book offers a clear perspective and a passion for a deeper understanding of the subject. Economics is not merely a game to be played by clever professionals, but a discipline that touches upon the most pressing practical issues at any historical juncture. The wealth and poverty of nations is at stake; the length and quality of life turns on the economic conditions individuals find themselves living within. Touching upon a variety of subjects'including market socialism, political economy, and economics education'this reference contains the wisdom of an expert in the field.
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