W. Robert Reed and Max Schanzenbach
![]()
CHAPTER 1: Why You Should Read
This Book
CHAPTER 2: What is the Purpose
of an Economy?
CHAPTER 3: How Can You Measure
Happiness?
CHAPTER 4: If You Don't Like
It, Give 'Em Money
CHAPTER 5: The Incredible
Information Contained in Prices: Part I
CHAPTER 6: The Incredible
Information Contained in Prices: Part II
CHAPTER 7: The Incredible
Information Contained in Prices: Part III
CHAPTER 8: Information and
the Fundamental Problem in Economics
CHAPTER 9: The Rest of the
(Output Price) Story
CHAPTER 10: The Information
Contained in Input Prices
CHAPTER 11: A Ton of Copper
Versus A Ton of Steel
CHAPTER 12: A Ton of Ph.D.'s
Versus a Ton of High School Dropouts
CHAPTER 13: The Big Picture
CHAPTER 14: The Amazing
Story of Profits
CHAPTER 15: Profits and
the Invisible Hand
CHAPTER 16: Price Controls
and Other Disasters
CHAPTER 17: Does Recycling
Waste Resources?
CHAPTER 18: Job Destruction
and Economic Growth
CHAPTER 19: A Simple Framework
for Analyzing Public Policy--Part I
CHAPTER 20: A Simple Framework
for Analyzing Public Policy--Part II
CHAPTER 21: A Simple Framework
for Analyzing Public Policy--Part III
CHAPTER 22: Can We Afford
to Let the Maritime Industry Sink?
CHAPTER 23: Job Training--Ticket
to Prosperity?
CHAPTER 24: Making Ourselves
Poorer by Trying to Make Ourselves Richer
CHAPTER 25: These Quotas
Don't Amount to Peanuts
CHAPTER 26: Who Will Protect
Workers and Consumers?
CHAPTER 27: OSHA--We're
From the Government and We're Here to Help You
CHAPTER 28: Unintended Consequences
of Consumer Safety Regulation?
CHAPTER 29: A Game Called
Hot 'N Cold
CHAPTER 30: Moving to Greener
Pastures
CHAPTER 31: That Loud Sucking
Sound
CHAPTER 32: But Where Will
the Jobs Come From?
CHAPTER 33: Who Gains From
Trade?
CHAPTER 34: How to Spite
Our Collective Face by Cutting Off Our Collective Noses
CHAPTER 35: Are Trade Deficits
Bad?
CHAPTER 36: Trade Wins,
and Losses
CHAPTER 37: The Information
Contained in Interest Rates
CHAPTER 38: Who Watches
Out for Our Children's Children?
CHAPTER 39: The Great Timber
Famine
CHAPTER 40: A Little Bit
of Heaven on Earth
CHAPTER 41: All for One
and One for All?
CHAPTER 42: What's the Catch?
CHAPTER 43: Market Imperfection
I: Monopolies
CHAPTER 44: A Government
Price Fix
CHAPTER 45: Regulating a
Monopolist
CHAPTER 46: Market Imperfection
II: Externalities
CHAPTER 47: Environmental
Regulation
CHAPTER 48: Market Imperfection
III: Public Goods
CHAPTER 49: Public Goods
and Free Riders
CHAPTER 50: Voting on Public
Goods: All in Favor, Say "Aye"
CHAPTER 51: Free Riders
Versus Forced Riders
CHAPTER 52: Exploiting Fellow
Citizens for Fun and Profit
CHAPTER 53: Why Economists
Disagree
CHAPTER 54: Closing Thoughts