The power of economic thinking can be explained by seven core principles, which are accountability, investments, economy, incentive, freedom of choice, nondiscrimination, and one price. By understanding and incorporating these principles, better decisions will be made on individual, corporate, and government levels. To explain this thesis, the author offers analyses of key economists who have changed their views over time, an examination of major domestic and international issues, and an explanation of how economists can predict which politicians will be successful.
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by Mark Skousen
by David Mark
by Mark Haddon
by Clyde Robert Bulla
by Gary Paulsen
by Barbara Williams
by Jackie French Koller
by Wendelin Van Draanen
by Tracy Barrett, Jennifer Roberts
"Former Columbia University professor Mark Skousen describes how successful economic principles are being applied to all sorts of unusual activities, such as auction practices worldwide and microlending in the Third World. He particularly cites the influence of the Austrian and Chicago schools of economics, which emphasize the shrinking of governmental and other bureaucracies and the minimizing of regulation. Narrator Jeff Riggenbach, an avowed Libertarian, brings an audible personal enthusiasm to his delivery. His slightly gravelly timbre is earnest, persuasive, and friendly, the very opposite of lofty lecturing. Since the material is extremely lucid, Riggenbach's approach is perfect. This is an instructive and well-done package. D.R.W. (c) AudioFile 2008, Portland, Maine"
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