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Intended primarily for principles of economics and social issues courses, this text also provides practical content to current and aspiring industry professionals.
Brief, relevant readings that spark independent thinking and classroom discussions.
The Economics of Macro Issues is a collection of brief, relevant readings that spark independent thinking and classroom discussions in Principles of Economics and Social Issues. The text encourages readers to apply theoretical discussions to today’s important issues and to gain a deeper understanding of current macroeconomic policy concerns.
The Sixth Edition addresses critical new macroeconomic policy issues with timeliness and insight. It showcases pivotal developments in economic affairs and policymaking in ways that will provide both challenge and enlightenment to readers at all levels of academic achievement.
I. The Miracle of Economic Growth
1. Rich Nation, Poor Nation
(importance of institutions in promoting economic growth)
2. Outsourcing and Economic Growth
(impact of competition and voluntary exchange on wealth)
3. Poverty, Capitalism, and Growth
(does a rising tide lift all boats?)
4. The Threat to Growth
(why higher taxes can mean less prosperity)
Roger LeRoy Miller received his PhD from the University of Chicago. Dr. Miller is a legal specialist and author of numerous books on law and the legal environment, including criminal procedure. In addition, Dr. Miller has authored books on the war on drugs, the economics of crime and criminal behavior, and on related topics.
Daniel K. Benjamin is an Alumni Distinguished Professor in the John E. Walker Department of Economics, Clemson University.