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Trade-Offs: An Introduction to Economic Reasoning and Social Issues
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Binding: Paperback
Dewey Decimal Number: 330.01156
EAN: 9780226902258
ISBN: 0226902250
Label: University Of Chicago Press
Manufacturer: University Of Chicago Press
Number Of Items: 1
Number Of Pages: 126
Publication Date: May 01, 2005
Publisher: University Of Chicago Press
Studio: University Of Chicago Press
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Editorial Review:
When economists wrestle with issues such as unemployment, inflation, or budget deficits, they do so by incorporating an impersonal, detached mode of reasoning. But economists also analyze issues that, to others, do not typically fall within the realm of economic reasoning, such as organ transplants, cigarette addiction, smoking in public, and product safety. Trade-Offs is an introduction to the economic approach to analyzing these controversial public policy issues.Harold Winter provides readers with the analytical tools needed to identify and understand the trade-offs associated with these topics. By considering both the costs and benefits of potential policy solutions, Winter stresses that real-world policy decision making is best served by an explicit recognition of as many trade-offs as possible.Intellectually stimulating yet accessible and entertaining, Trade-Offs will be appreciated by students of economics, public policy, health administration, political science, and law, as well as by anyone who follows current social policy debates.
Customer Reviews
Average Rating: 
Rating:  - Short and sweet.
This no non-sense, straight to the point book demonstrates clearly that no solutions exist to any social situation. There are only trade-offs. I especially liked his argument that there may be too little smoking in the world.
Winter clearly understands that pleasure, life, and many other things do indeed have a dollar value associated with them. Ignoring this exposes you to a variety of logical flaws, leading to false or misleading solutions.
Rating:  - Excellent.
Excellent, EXCELLENT book.
Though, I beg to ask, why is it so short?
I started recommending this to students. And then told them not to waste their time with "Freakonomics".
Rating: - Great text
For the past 6 months or so, I have been frantically searching for a text I can use for a second year policy econ course for non-majors. I'd found nothing that covered the range of topics I wanted or at the appropriate level. This text is perfect; I wish I'd found it before the uni bookstore's cut off date! Each chapter would have to be supplemented with additional readings to provide the appropriate depth, but the coverage is almost perfect for the kind of course I'm teaching. Strongly recommended.
Rating: - Good stuff - and a good read
I like it! Economics made easy and fun, a la "Freakonomics."
Rating:  - The economics of policy
'Trade-offs' is a good introduction to the economic analysis of policy, with a message clearly conveyed by its title: There are trade-offs for every (public) policy. Excellent for explaining economic analysis to people with little background in economics.
Disagree with the previous reviewer's comparison with Freakonomics: Though both are good, Freakonomics describes things that are at the frontier of current economic research (in an amazingly clear way). So, Freakonomics offers both clarity ... Read More
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