Political Economy by Daniel Usher - 9780631233343

Political EconomyAuthor(s): Daniel Usher\nFormat: Paperback\nPublisher: John Wiley and Sons Ltd, United Kingdom\nImprint: Wiley-Blackwell\nISBN-13: 9780631233343, 978-0631233343\nSynopsis\nThis thought-provoking introduction to economics exposes readers to the workings of the market in a democratic state. The text explains basic economic concepts from a political perspective: how the price mechanism substitutes for central authority in determining production and allocation of goods; the use of demand and supply curves to trace the impacts of tariffs, taxes, subsidies, quotas and patents; and the redistribution of income. Additionally the text explores political topics from an economic perspective, including the avoidance of anarchy and despotism; and the mutual dependence of markets, voting, public administration and law.\nRelies largely on stories and paradigms to convey important economic concepts. Explains basic economic concepts from a political perspective and explores political.