- Paperback: 112 pages
- Publisher: University of Chicago Press; 4.1.2005 edition edition (May 1, 2005)
- Language: English
- ISBN-10: 0226902250
- ISBN-13: 978-0226902258
- Product Dimensions: 5.5 x 0.6 x 8.5 inches
- Shipping Weight: 5.3 ounces
- Average Customer Review: 4.4 out of 5 stars See all reviews (9 customer reviews)
- Amazon Best Sellers Rank: #1,211,006 in Books (See Top 100 in Books)
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Trade-Offs: An Introduction to Economic Reasoning and Social Issues 4.1.2005 edition Edition
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The Amazon Book Review
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"Harold Winter's engaging volume is a great starting point for introducing students to the economic approach to policy issues. Where other disciplines see absolutes, economics sees trade-offs. And, as Winter shows, the guidance economics provides as to what these trade-offs are and what balance we should strike is often surprising. Trade-Offs illustrates the broad range of economic reasoning with a wealth of case studies that runs the gamut from auto safety to organ transplants. This book will get students excited about learning economics." - W. Kip Viscusi, Harvard Law School"
From the Inside Flap
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.
Top Customer Reviews
And this book vastly outshines "Freakonomics," which is nothing more than a book on measurement (not economic theory as it portends) and a incessant celebration of its authors.
My only critique of "Trade-Offs" is that I wish it were longer. I anxiously await "Trade-Offs II: Revenge of the Neoclassicists."
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 and novelty, while (at least for most people educated in economics), Trade-Offs mostly offers the former.
I would have given Trade-Offs a four star, but I think it is a bit too short for the money.
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.
Most Recent Customer Reviews
This book was very simple, but very interesting. It does not require any economics experience/knowledge. Read morePublished on April 3, 2009 by Avid Reader
Excellent, EXCELLENT book.
Though, I beg to ask, why is it so short?
I started recommending this to students. Read more
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. Read morePublished on May 22, 2006 by E. A. Crampton