Barbecue Economics: Be Your Neighborhood Expert on Demand, Supply, and the Free Market

Business & Finance, Economics
Cover of the book Barbecue Economics: Be Your Neighborhood Expert on Demand, Supply, and the Free Market by Dick Gillette, Dick Gillette
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Dick Gillette ISBN: 9780988448117
Publisher: Dick Gillette Publication: October 26, 2012
Imprint: Smashwords Edition Language: English
Author: Dick Gillette
ISBN: 9780988448117
Publisher: Dick Gillette
Publication: October 26, 2012
Imprint: Smashwords Edition
Language: English

This is a book about economics, but it is not an economics book. It is a businessman's perspective on the principles of economics and how they affect the potential for growth and prosperity in a free market environment. You will know just enough economics to make you the expert at the backyard barbecue.

We start with the underpinnings of economic science, the ideas of scarcity, marginal reasoning, incentives, and opportunity cost, highlighting Adam Smith's writings of the late 18th century in establishing these principles.

Following is an overview of microeconomics, how producers and consumers interact to establish the price and availability of goods and services. We show how lack of attention to these principles leads to inefficient public policies like rent and price controls and the minumum wage.

In macroeconomics we reveiw how Thomas Malthus's theory of economic growth evolved into the classical economic model. This model shows how an improved standard of living is possible only with a growing population or an increasingly productive work force, or both. We discuss the purpose of government intervention in the economy and review the three major avenues of intervention, tax and spending policies, monetary control, and regulation. The contributions of Frederic Bastiat, Milton Friedman, Arthur Laffer, Thomas Sargent, and others are laid out.

Next, we examine the rationale for foreign trade, followed by a discussion of U.S. trade with China.

Finally, we highlight the growth of cronyism between the government and special interests, and show how the efficiency of a free market is dampened in the process.

We use a few simple charts to amplify the text and include an Appendix to explain how to interpret them. Economics is a challenging field of study, but the basic principles are not hard to grasp. Our goal is to give you just enough exposure to help you engage comfortably in the debate.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This is a book about economics, but it is not an economics book. It is a businessman's perspective on the principles of economics and how they affect the potential for growth and prosperity in a free market environment. You will know just enough economics to make you the expert at the backyard barbecue.

We start with the underpinnings of economic science, the ideas of scarcity, marginal reasoning, incentives, and opportunity cost, highlighting Adam Smith's writings of the late 18th century in establishing these principles.

Following is an overview of microeconomics, how producers and consumers interact to establish the price and availability of goods and services. We show how lack of attention to these principles leads to inefficient public policies like rent and price controls and the minumum wage.

In macroeconomics we reveiw how Thomas Malthus's theory of economic growth evolved into the classical economic model. This model shows how an improved standard of living is possible only with a growing population or an increasingly productive work force, or both. We discuss the purpose of government intervention in the economy and review the three major avenues of intervention, tax and spending policies, monetary control, and regulation. The contributions of Frederic Bastiat, Milton Friedman, Arthur Laffer, Thomas Sargent, and others are laid out.

Next, we examine the rationale for foreign trade, followed by a discussion of U.S. trade with China.

Finally, we highlight the growth of cronyism between the government and special interests, and show how the efficiency of a free market is dampened in the process.

We use a few simple charts to amplify the text and include an Appendix to explain how to interpret them. Economics is a challenging field of study, but the basic principles are not hard to grasp. Our goal is to give you just enough exposure to help you engage comfortably in the debate.

More books from Economics

Cover of the book WHEN CHANGE HAPPENS…A STORY OF ORGANISATIONAL TRANSFORMATION by Dick Gillette
Cover of the book Leadership and the City by Dick Gillette
Cover of the book Offshoring of American Jobs: What Response from U.S. Economic Policy? by Dick Gillette
Cover of the book Green Gentrification by Dick Gillette
Cover of the book The World Bank Legal Review: International Financial Institutions and Global Legal Governance by Dick Gillette
Cover of the book Trading in War by Dick Gillette
Cover of the book Financial Stability without Central Banks by Dick Gillette
Cover of the book Le business model freemium by Dick Gillette
Cover of the book General Equilibrium and Welfare by Dick Gillette
Cover of the book A Guide to Modern Economics by Dick Gillette
Cover of the book Monnaies et globalisation financière by Dick Gillette
Cover of the book Business and the Sustainability Challenge by Dick Gillette
Cover of the book Exportpreise richtig kalkulieren und erfolgreich verhandeln by Dick Gillette
Cover of the book Economic Policy in a Highly Dollarized Economy: The Case of Cambodia by Dick Gillette
Cover of the book The Child and the Curriculum (Illustrated) by Dick Gillette
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy