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National defense is the textbook example of a public good. In order to understand how economists present public goods to undergraduates, we analyze 50 texts from across three widely taught undergraduate economics courses: principles of economics, intermediate microeconomics, and public finance....
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Machine generated contents note: Acknowledgments; Part I. Introductory Themes: 1. Introduction; Part II. The Discussion Tradition: 2. On 'strongly fortified minds': self-restraint and cooperation in the discussion tradition; 3. The Knightian moment; 4. The rise of new welfare economics: an end...
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The orthodox view of economic policy holds that public deliberation sets the goals or ends, and then experts select the means to implement these goals. This assumes that experts are no more than trustworthy servants of the public interest. David M. Levy and Sandra J. Peart examine the historical...
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