 |
 |
Store: An Independent Institute Book
Co-publisher: Oxford University Press
15 Figures
© 2002 |
| | | |
ENTREPRENEURIAL ECONOMICS
Bright Ideas from the Dismal Science
Edited by
Alexander T. Tabarrok
Foreword by
Steven E. Landsburg
Economics has long labored under the misnomer, “the dismal science,” yet Entrepreneurial Economics shows that it is anything but dismal! Economic thinking is indispensable not only for understanding the world of human affairs, but also for improving it.
Entrepreneurial Economics ingeniously applies simple economic principles to improve our health, wealth, security and happiness. Leading scholars take on the problems of genetic testing, patents, health and wealth insurance, legal gridlock, probation and parole, urban transit, intelligence gathering, bankruptcy, investor protection, and even the shortage of human organs.
Entrepreneurs, reformers and visionaries have often turned a blind eye towards economics, only to see their efforts fail. Entrepreneurial Economics now provides the crucial economic insights for any endeavor.
Entrepreneurial Economics gives students valuable insights into the power, scope and relevance of economic thinking; inspires economists to bring the tools of their trade to bear on a wider range of problems; offers promising new solutions to social problems built upon time-tested principles; encourages business people to identify innovative—and potentially very profitable—ideas waiting for entrepreneurship and provides anyone with an intriguing, inspiring and irreplaceable resource for seeking real solutions to complex social problems.
Want to really change the world? Entrepreneurial Economics clearly demonstrates how practitioners of “the dismal science” are doing just that.
Detailed Summary |
| |
|
Oxford University Press Table of Contents
Foreword: The Entrepreneurial Economist
Steven Landsburg
Chapter 1: Introduction
Alexander Tabarrok
Part I: Wealth and Health Insurance
Chapter 2: Macro Markets and Financial Security
Stefano Athanasoulis, Robert Shiller and Eric van Wincoop
Chapter 3: Gene Insurance
Alexander Tabarrok
Chapter 4: Time-Consistent Health Insurance
John H. Cochrane
Part II: The Use of Information in Markets
Part III: The Shortage of Human Organs
Chapter 6: A Market for Organs
Andy H. Barnett, Roger D. Blair, David L. Kaserman
Chapter 7: The Organ Shortage: A Tragedy of the Commons
Alexander Tabarrok
Part IV: Efficient Justice
Chapter 8: A Modest Proposal to Improve Judicial Incentives
Steven Landsburg
Chapter 9: Privatizing Probation and Parole
Morgan Reynolds
Chapter 10: More Justice for Less Money
David Friedman
Part V: Bankruptcy and Securities Regulation
Chapter 11: Improving Bankruptcy Procedure
Philippe Aghion, Oliver Hart, John Moore
Chapter 12: Empowering Investors: A Market Approach to Securities Regulation
Roberta Romano
Part VI: Patents without Monopoly
Part VI: Urban Transit
Chapter 14: Curb Rights: Eliciting Competition and Entrepreneurship in Urban Transit
Daniel B. Klein, Adrian T. Moore, Binyam Reja
Index
Praise for Entrepreneurial Economics “The essays in Entrepreneurial Economics display economic ingenuity at its best, devoted to inventing market solutions for a remarkably wide range of public issues. The analysis is subtle and tends to be comprehensive; though the subjects are challenging, the exposition is lucid.”
—MILTON FRIEDMAN, Nobel Laureate in Economic Science
“Provocative ideas whose times have (perhaps) come are found in Entrepreneurial Economics: Bright Ideas from the Dismal Science. The book is edited by economist Alexander Tabarrok, research director at The Independent Institute, and published by Oxford University Press. The book showcases 13 big new policy ideas, all of which feature market-based solutions.”
—WASHINGTON POST
“I thoroughly enjoyed Entrepreneurial Economics. . . . A very stimulating collection of ingenious ideas that can be characterized as market cures for market failure. A substantial number are promising as practical measures that can contribute to economic welfare, and all of them stimulate the imagination, promising to elicit new ideas from the reader.”
—WILLIAM J. BAUMOL, Director, C.V. Starr Center for Applied Economics, Department of Economics, New York University
“Entrepreneurial Economics offers you lively, eye-opening, mind stretching applications of economic principles and analysis. Students who read it will confound teachers who haven’t.”
—ARMEN A. ALCHIAN, Professor of Economics, UCLA
“I learned a lot reading Entrepreneurial Economics, and I’ll surely steal some of the ideas for use in future books and columns. I hope others steal them for use, not just entertainment. Unfortunately, there are no property rights in the ideas themselves. That suggests we’re not getting enough of them. Let’s cherish the ones we’ve got.”
—STEVEN E. LANDSBURG, Professor of Economics, University of Rochester About the Editor Alexander Tabarrok is Vice President and Research Director for The Independent Institute and Assistant Editor of The Independent Review. He received his Ph.D. in economics from George Mason University, and he has taught at the University of Virginia and Ball State University. Co-editor (with Daniel Klein) of The Independent Institute web site, FDAReview.org, Dr. Tabarrok is also the editor of the forthcoming Independent Institute books, The Voluntary City (with David Beito and Peter Gordon, University of Michigan Press) and Changing the Guard: Private Prisons and the Control of Crime. His articles have appeared in the Journal of Law and Economics, Public Choice, Economic Inquiry, Journal of Health Economics, Journal of Theoretical Politics, Review of Austrian Economics, Kyklos and many other journals. Dr. Tabarrok is the recipient of the Snavely Award, and he has been an Earhart Foundation Fellow and George A. and Frances Ball Foundation Fellow.
|
|
 |
|
