Economics Alternative

From Aristotle and Thomas Aquinas, to Adam Smith and John Maynard Keynes, to the top economic thought leaders of today, The Economics Book is the essential audio reference for students and anyone else with an interest in how economies work. An easy-to-follow style, succinct quotations, and...

A radically revised new edition of this highly readable, popular guide aimed at everyone from students to statesmen who want to make sense of the modern economy and grasp how economic theory works in practice. It starts with the basics, and from the underlying theory it moves to the specifics of the world economy, including an analysis of the recent recession. The closing part puts the usefulness and the failings of economics under the spotlight, and looks at the innovative approaches being developed to address these failings.

Entrepreneurial communities based on contracts among individuals are the most natural organization of a free society. So say Spencer Heath and Spencer MacCallum. They argue that such organizations are superior to coercion-based States. Among other advantages, they show how entrepreneurial communities would be the most efficient vehicles to supply consumers with what in economics are called "public goods."