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Summary: Highly accessible and relevant in today's economic environment, Economic Issues Today provides a unique approach to understanding what the practice of economics is all about. Carson covers 14 current economic issues, providing for each an analysis and proposed solution from three different ideological perspectives: Conservative, Liberal, and Radical.
Part 1. Introduction
Alternative Economic Philosophies : A Survey of Conservative, Liberal, and Radical Critiques
Part 2. Problems in the Marketplace
Issue 1. Responding to Market Outcomes : Competition or Protection for American Agriculture?
Issue 2. Consumer Welfare : Is the Consumer Sovereign or Exploited?
Issue 3. Dealing with Externalities : How Can We Save the Environment?
Issue 4. Imperfect Competition : What Should Our Policy Toward Big Business Be?
Issue 5. Economic Regulation : Has Deregulation Worked?
Issue 6. Income Distribution : How Successful Will Our Experiment with Welfare Reform Be?
Issue 7. Financing Government : What Is a Fair System of Taxation?
Part 3. Problems of Aggregate Economic Policy
Issue 8. Macroeconomic Instability : Are We Depression-Proof?
Issue 9. Economic Growth and Stability : An Active or a Passive Policy Approach?
Issue 10. Balancing the Federal Budget : A Strengthening or a Weakening of the National Economy?
Issue 11. Unemployment : Is Joblessness an Overrated Problem?
Issue 12. Inflation : How Can We Best Maintain Price Stability?
Issue 13. International Economics : Where Does America Fit into the New World Order?
Issue 14. The Market Versus Planning and Controls : Which Strategy Works Better?
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