{"product_id":"economics-in-two-lessons-why-markets-work-so-well-and-why-they-can-fail-so-badly-9780691217420","title":"Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly","description":"\u003cp\u003e\u003cb\u003eA masterly introduction to the key ideas behind the successes-and failures-of free-market economics\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eSince 1946, Henry Hazlitt's bestselling \u003ci\u003eEconomics in One Lesson\u003c\/i\u003e has popularized the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can't explain why they often fail so badly-or what we should do when they stumble. As Nobel Prize-winning economist Paul Samuelson quipped, \"When someone preaches 'Economics in one lesson, ' I advise: Go back for the second lesson.\" In \u003ci\u003eEconomics in Two Lessons\u003c\/i\u003e, John Quiggin teaches both lessons, offering a masterly introduction to the key ideas behind the successes-and failures-of free markets. Brilliantly accessible, this book unlocks the essential issues at the heart of any economic question.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-12078709\"\u003eJohn Quiggin\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Princeton University Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/13\/2021\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 408\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.80lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.40h x 5.60w x 1.60d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9780691217420\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 0691217424\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS029000\"\u003eFree Enterprise \u0026amp; Capitalism\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS069030\"\u003eEconomics | Theory\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS019000\"\u003eDecision Making \u0026amp; Problem Solving\u003c\/a\u003e\u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eJohn Quiggin\u003c\/b\u003e is the Laureate Professor in Economics at the University of Queensland in Brisbane, Australia. He is the author of \u003ci\u003eZombie Economics: How Dead Ideas Still Walk among Us\u003c\/i\u003e (Princeton). Twitter @JohnQuiggin\u003c\/p\u003e","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":42698170007789,"sku":"9780691217420","price":33.27,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/products\/img_7f615dfb-58e3-464e-80f5-e7ffe78c7037.jpg?v=1649896114","url":"https:\/\/sureshotbooks.com\/products\/economics-in-two-lessons-why-markets-work-so-well-and-why-they-can-fail-so-badly-9780691217420","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}