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Item Details
Title: FIFTY ECONOMIC FALLACIES EXPOSED
By: Geoffrey E. Wood
Format: Paperback

List price: £12.50
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ISBN 10: 0255366957
ISBN 13: 9780255366953
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Publisher: INSTITUTE OF ECONOMIC AFFAIRS
Pub. date: 15 September, 2014
Edition: 2nd Revised edition
Series: Occasional Papers 151
Pages: 192
Description: This book consists of a series of essays written with the intention of correcting misconceptions that politicians, journalists or other interested parties like to pedal in order justify their dubious policy decisions or ideological perspectives.
Synopsis: Whilst it is impossible to argue that the earth is flat without fearing ridicule, fallacies in economics are widespread. Such fallacies pervade the intellectual sphere and even influence policy. Professor Geoffrey Wood of the University of Buckingham exposes such popular economic fallacies in this revised edition of Fifty Economic Fallacies Exposed. Professor Wood looks at, for example, the supposed dangers of free trade, the abilities of governments to control the economy, the effects of government regulation and whether millions of jobs depend on our continued membership of the European Union. These lucid and stimulating articles are invaluable to students struggling to master some of the complexities of economic theory and its applications, who often find that the most effective way to learn economic analysis is to see such fallacies exposed. It is a text particularly suitable for first-year economics students, complementing existing textbooks as it does, and clarifying basic concepts in economics while demonstrating the practical uses of economic theory
Publication: UK
Imprint: Institute of Economic Affairs
Returns: Returnable
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