pure market forces cannot, such as externalities and the absence of risk markets. Covid-19 has exposed deficiencies in …

-- Chapter 4. Kinds of Advisers -- Chapter 5. The Scope and Methods of Economics -- Chapter 6. Excessive Inequality -- Chapter 7 … points the way. A sophisticated overview of economics is the key and a realistic attainment. How does economics work? Is it … this knowledge is needed. Students intending to study economics can get a head start from this book. Those already engaged …

The single most important proposition in economic theory, first stated by Adam Smith, is that competitive markets do a … debate about the proper balance between markets and government and prompted some scholars to question whether the conditions …