Better Living through Economics
eBook - PDF

Better Living through Economics

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Better Living through Economics

About this book

Better Living Through Economics consists of twelve case studies that demonstrate how economic research has improved economic and social conditions over the past half century by influencing public policy decisions.

Economists were obviously instrumental in revising the consumer price index and in devising auctions for allocating spectrum rights to cell phone providers in the 1990s. But perhaps more surprisingly, economists built the foundation for eliminating the military draft in favor of an all-volunteer army in 1973, for passing the Earned Income Tax Credit in 1975, for deregulating airlines in 1978, for adopting the welfare-to-work reforms during the Clinton administration, and for implementing the Pension Reform Act of 2006 that allowed employers to automatically enroll employees in a 401(k). Other important policy changes resulting from economists' research include a new approach to monetary policy that resulted in moderated economic fluctuations (at least until 2008!), the reduction of trade impediments that allows countries to better exploit their natural advantages, a revision of antitrust policy to focus on those market characteristics that affect competition, an improved method of placing new physicians in hospital residencies that is more likely to keep married couples in the same city, and the adoption of tradable emissions rights which has improved our environment at minimum cost.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Better Living through Economics by John J. Siegfried, John J. Siegfried,John J. Siegfried in PDF and/or ePUB format, as well as other popular books in Economics & Government & Business. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Contents
  2. Introduction - John J. Siegfried
  3. Overview: Highlights of the Benefits of Basic Science in Economics - Charles R. Plott
  4. 1. The Evolution of Emissions Trading - Thomas H. Tietenberg
  5. 2. Better Living through Improved Price Indexes - Michael J. Boskin
  6. 3. Economics and the Earned Income Tax Credit - Robert A. Moffitt
  7. 4. Trade Liberalization and Growth in Developing Countries - Anne O. Krueger
  8. 5. The Role of Economics in the Welfare- to-Work Reforms of the 1990s - Rebecca M. Blank
  9. 6. Better Living through Monetary Economics - John B. Taylor
  10. 7. The Greatest Auction in History - R. Preston McAfee, John McMillan, Simon Wilkie
  11. 8. Air-Transportation Deregulation - Elizabeth E. Bailey
  12. 9. Deferred-Acceptance Algorithms: History, Theory, Practice - Alvin E. Roth
  13. 10. Economics, Economists, and Antitrust: A Tale of Growing Influence - Laurence J. White
  14. 11. Economics and the All-Volunteer Military Force - Beth J. Asch, James C. Miller III, John T. Warner
  15. 12. Public Policy and Saving for Retirement: The Autosave Features of the Pension Protection Act of 2006 - John Beshears, James Choi, David Laibson, Brigitte C. Madrian, Brian Weller
  16. Contributors
  17. Index