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Econopower: How a New Generation of Economists Is ... (ISBN 0470138076)



The power of economic thinking can be explained by seven core principles -- accountability, cost-benefit analysis, competition, choice, incentives, investment, and welfare. By understanding and incorporating these principles, better decisions will be made on individual, corporate and government levels. To explain this thesis, the author offers analyses of key economists who have effected significant changes in major domestic and international issues.

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