Fifty Economic Fallacies Exposed (Occasional Papers): 151 - Softcover

Geoffrey E. Wood

Softcover

ISBN 10: 0255366957 ISBN 13: 9780255366953

Publisher: Institute of Economic Affairs, 2014

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

About this title

About the Author

Professor Geoffrey Wood has lectured in Economics at the University of Warwick, the University of Buckingham and in Banking and Finance at City University, London, where he has been Professor since 1986.

Edition details

• Publisher: Institute of Economic Affairs
• Publication date: 2014
• Language: English
• ISBN 10: 0255366957
• ISBN 13: 9780255366953
• Binding: Paperback
• Edition number: 2
• Number of pages: 192