Was inflation’s recent spike exacerbated by corporate greed? Do rent controls really help the needy? Are U.S. health care prices set in a Wild West marketplace? Do women get paid less than men for the same work, and do they pay more than men for the same products? The War on Prices is an eye-opening book that answers all these burning questions and more, as top economists debunk popular misconceptions about inflation, prices, and value. Market prices are under siege. The war on prices is waged most obviously with damaging government price controls and the harmful effects of central bank…mehr
Was inflation’s recent spike exacerbated by corporate greed? Do rent controls really help the needy? Are U.S. health care prices set in a Wild West marketplace? Do women get paid less than men for the same work, and do they pay more than men for the same products? The War on Prices is an eye-opening book that answers all these burning questions and more, as top economists debunk popular misconceptions about inflation, prices, and value. Market prices are under siege. The war on prices is waged most obviously with damaging government price controls and the harmful effects of central bank monetary mismanagement, as we saw with the recent inflation. Yet these bad policies are propped up by widespread, misguided public beliefs about the causes of inflation, the effects of price controls, and the inherent morality of market prices. Breaking down these complex issues into three distinct sections―inflation, price controls, and value―this book both sheds light on long-standing contentions and brings economic theory and evidence to bear in today’s most contentious debates. Threaded through the book is a revealing truth: too many of us misunderstand the origin, role, and worth of market prices in our economy. The old insult goes that “economists know the price of everything and the value of nothing.” The War on Prices shows that good economists―and soon, you―can appreciate the value of unshackled market prices in delivering prosperity.
Ryan A. Bourne occupies the R. Evan Scharf Chair for the Public Understanding of Economics at the Cato Institute and is a columnist for The Times (UK). He has written on a variety of economic issues, including fiscal policy, inequality, price and wage controls, and infrastructure spending. Bourne is the author of Economics in One Virus: An Introduction to Economic Reasoning through COVID-19 (2021) and editor of The War on Prices: How Popular Misconceptions about Inflation, Prices, and Value Create Bad Policy (2024). He has extensive broadcast and print media experience and has appeared on CNN, CNBC, BBC News, Sky News, and Fox Business Network.
Inhaltsangabe
Introduction: The War on Prices, by Ryan Bourne PART 1: INFLATION Inflation: An Introduction, by Ryan Bourne 1. A Rising Product Price Doesn’t Cause Inflation, by Pierre Lemieux 2. There Is No Such Thing as a Wage-Price Spiral, by Bryan P. Cutsinger 3. Greed and Corporate Concentration Have Not Caused Inflation, by Brian C. Albrecht 4. Our Recent Inflation Wasn’t Wholly Driven by the COVID-19 Pandemic and the War in Ukraine, by David Beckworth 5. World War II Price Controls Were Not a “Total Success”, by Ryan Bourne 6. Modern Monetary Theory Has No Road Map for Dealing with Inflation, by Stan Veuger PART 2: PRICES AND PRICE CONTROLS Prices and Price Controls: An Introduction, by Ryan Bourne 7. Price Controls Have Been Disastrous throughout History, by Eamonn Butler 8. Under Rent Controls, Everyone Pays, by Jeffrey Miron and Pedro Aldighieri 9. Oil and Natural Gas Price Controls in the 1970s: Shortages and Redistribution, by Peter Van Doren 10. Interest Rate Caps Do Not Protect Vulnerable Consumers, by Nicholas Anthony 11. Abolishing “Junk Fees” Would Be Junk Policy, by Ryan Bourne 12. Government Price Fixing Is the Rule in U.S. Health Care, by Michael F. Cannon 13. Anti-Price-Gouging Laws Entrench Shortages, by Ryan Bourne 14. The West Needs Water Markets, but Achieving That Is Tough, by Peter Van Doren 15. Minimum Wage Hikes Bring Tradeoffs beyond Pay and Jobs, by Jeffrey Clemens 16. Minimum Wages Are an Ineffective and Inefficient Anti-Poverty Tool, by Joseph J. Sabia 17. Price Ceilings of Zero Can Cause Deadly Shortages, by Peter Jaworski PART 3: VALUE Value: An Introduction, by Ryan Bourne 18. The Labor Theory of Value Is Mistaken, by Deirdre Nansen McCloskey 19. Market Prices and Wages Do Not Reflect Ethical Value, by Deirdre Nansen McCloskey 20. Market Prices Are Not Inherently Corrupting, by Deirdre Nansen McCloskey 21. The Gender Pay Gap Isn’t about Workplace Discrimination, by Vanessa Brown Calder 22. The Pink Tax Is a Myth, by Ryan Bourne 23. High CEO Pay Is Not a Simple Story of Rent Seeking, by Alex Edmans and J. R. Shackleton 24. Dynamic Pricing Can Benefit Consumers, by Liya Palagashvili Notes Index
Introduction: The War on Prices, by Ryan Bourne PART 1: INFLATION Inflation: An Introduction, by Ryan Bourne 1. A Rising Product Price Doesn’t Cause Inflation, by Pierre Lemieux 2. There Is No Such Thing as a Wage-Price Spiral, by Bryan P. Cutsinger 3. Greed and Corporate Concentration Have Not Caused Inflation, by Brian C. Albrecht 4. Our Recent Inflation Wasn’t Wholly Driven by the COVID-19 Pandemic and the War in Ukraine, by David Beckworth 5. World War II Price Controls Were Not a “Total Success”, by Ryan Bourne 6. Modern Monetary Theory Has No Road Map for Dealing with Inflation, by Stan Veuger PART 2: PRICES AND PRICE CONTROLS Prices and Price Controls: An Introduction, by Ryan Bourne 7. Price Controls Have Been Disastrous throughout History, by Eamonn Butler 8. Under Rent Controls, Everyone Pays, by Jeffrey Miron and Pedro Aldighieri 9. Oil and Natural Gas Price Controls in the 1970s: Shortages and Redistribution, by Peter Van Doren 10. Interest Rate Caps Do Not Protect Vulnerable Consumers, by Nicholas Anthony 11. Abolishing “Junk Fees” Would Be Junk Policy, by Ryan Bourne 12. Government Price Fixing Is the Rule in U.S. Health Care, by Michael F. Cannon 13. Anti-Price-Gouging Laws Entrench Shortages, by Ryan Bourne 14. The West Needs Water Markets, but Achieving That Is Tough, by Peter Van Doren 15. Minimum Wage Hikes Bring Tradeoffs beyond Pay and Jobs, by Jeffrey Clemens 16. Minimum Wages Are an Ineffective and Inefficient Anti-Poverty Tool, by Joseph J. Sabia 17. Price Ceilings of Zero Can Cause Deadly Shortages, by Peter Jaworski PART 3: VALUE Value: An Introduction, by Ryan Bourne 18. The Labor Theory of Value Is Mistaken, by Deirdre Nansen McCloskey 19. Market Prices and Wages Do Not Reflect Ethical Value, by Deirdre Nansen McCloskey 20. Market Prices Are Not Inherently Corrupting, by Deirdre Nansen McCloskey 21. The Gender Pay Gap Isn’t about Workplace Discrimination, by Vanessa Brown Calder 22. The Pink Tax Is a Myth, by Ryan Bourne 23. High CEO Pay Is Not a Simple Story of Rent Seeking, by Alex Edmans and J. R. Shackleton 24. Dynamic Pricing Can Benefit Consumers, by Liya Palagashvili Notes Index
Es gelten unsere Allgemeinen Geschäftsbedingungen: www.buecher.de/agb
Impressum
www.buecher.de ist ein Internetauftritt der buecher.de internetstores GmbH
Geschäftsführung: Monica Sawhney | Roland Kölbl | Günter Hilger
Sitz der Gesellschaft: Batheyer Straße 115 - 117, 58099 Hagen
Postanschrift: Bürgermeister-Wegele-Str. 12, 86167 Augsburg
Amtsgericht Hagen HRB 13257
Steuernummer: 321/5800/1497
USt-IdNr: DE450055826
