{"product_id":"9780691217420","title":"Economics in Two Lessons","description":"Author: John Quiggin\u003cbr\u003eISBN: 9780691217420\u003cbr\u003ePublisher: Princeton University Press\u003cbr\u003eYear first published: 15 Jul 2021\u003cbr\u003ePages: 408\u003cbr\u003eFormat: Paperback \/ softback\u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eA masterly introduction to the key ideas behind the successes-and failures-of free-market economics.\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eSince 1946, Henry Hazlitt\u0026amp;#x27;s bestselling \u003ci\u003eEconomics in One Lesson\u003c\/i\u003e has popularised the belief that economics can be boiled down to one simple lesson: market prices represent the true cost of everything. But one-lesson economics tells only half the story. It can explain why markets often work so well, but it can\u0026amp;#x27;t explain why they often fail so badly - or what we should do when they stumble.\u003c\/p\u003e\u003cp\u003eAs Nobel Prize-winning economist Paul Samuelson quipped, \u0026amp;#x27;When someone preaches \u003ci\u003eEconomics in one lesson\u003c\/i\u003e, I advise: Go back for the second lesson.\u0026amp;#x27; In \u003ci\u003eEconomics in Two Lessons\u003c\/i\u003e, John Quiggin teaches both lessons, offering a masterly introduction to the key ideas behind the successes - and failures - of free markets.\u003c\/p\u003e\u003cp\u003eBrilliantly accessible, this book unlocks the essential issues at the heart of any economic question.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u0026amp;#x27;The best book to introduce you to economics.\u0026amp;#x27; - Ross Gittins, \u003c\/b\u003e\u003cb\u003e\u003ci\u003eSydney Morning Herald\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u0026amp;#x27;Anyone who wants to understand the real workings and real limits of real markets should read this book.\u0026amp;#x27; - Ingrid Robeyns, author of \u003c\/b\u003e\u003cb\u003e\u003ci\u003eWellbeing, Freedom, and Social Justice\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u0026amp;#x27;With apologies to Isaiah Berlin, Quiggin is a foxy hedgehog: He knows two big things, and these twin lessons - about the virtues and limits of markets - sustain a pioneering, persuasive, and even passionate case for democracy and the mixed economy. Make room for two lessons in your mind, and on your bookshelf.\u0026amp;#x27; - Jacob S. Hacker, coauthor of\u003c\/b\u003e\u003cb\u003e\u003ci\u003e American Amnesia: How the War on Government Led Us to Forget What Made America Prosper\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e","brand":"Ships in 10 to 15 days","offers":[{"title":"Default Title","offer_id":47845870305438,"sku":"ADS-9780691217420","price":32.78,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0400\/9043\/5742\/files\/9780691217420.jpg?v=1781223487","url":"https:\/\/classicbargains.com.au\/products\/9780691217420","provider":"Classic Bargains Australia","version":"1.0","type":"link"}