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The Economics of Public Issues: United States Edition Paperback – 25 June 2009
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- Publisher : Pearson; 16th edition (25 June 2009)
- Language : English
- Paperback : 256 pages
- ISBN-10 : 032159455X
- ISBN-13 : 978-0321594556
- Dimensions : 13.97 x 1.91 x 22.86 cm
- Customer Reviews:
About the Author
Roger LeRoy Miller received his PhD from the University of Chicago. He is currently Director of the Institute for University Studies in Arlington, Texas. Dr. Miller is a legal specialist and author of numerous books on law and the legal environment, including criminal procedure. In addition, Dr. Miller has authored books on the war on drugs, the economics of crime and criminal behavior, and on related topics.
Daniel K. Benjamin
Alumni Distinguished Professor, John E. Walker Department of Economics, Clemson University.
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I intentionally chose the 16th edition because of price; used copies are selling for about $1 + shipping. There are some small changes between the 18th and 17th editions. I was given a copy of the 14th edition in 2008, and there are a number of differences between the 14th and 16th edition. The authors seem to make changes to update the book based on current events.
Each chapter has about 4 discussion questions. I plan assign two chapters a week for homework, and two for in-class discussion. For online courses, I plan to use the questions for graded discussion board posts. I have found that quality of online student discussion board is much better when the questions are "real world" in nature instead of generic or technical textbook questions. This book has very interesting "real world" examples and can stimulate debate among students. For example, the chapter on drugs, alcohol, and prostitution makes the point that quality of these "goods" is low when they are illegal. Does this mean that drugs should be legal? Students can discuss the costs and benefits. On another note, I like that the book clearly outlines negative effects regarding laws on rent controls and the minimum wage. Finally, I am very happy with the chapter on the mortgage meltdown as it discusses the government's role in over-subsidizing the housing market, and encouraging moral hazard and adverse selection in bank lending.
Update: I decided to adopt the 17th edition after all. The 17th edition has a chapter on health care and PPACA, a chapter on underground markets, and a chapter on the looming pension crisis. These chapters were removed in the 18th edition. My impression of the 18th edition is that it is very heavy on environmental economics. This might be good or bad depending on which course an instructor uses this book for. The 17th edition does the best job for my course.
As a class study I find this book an easy read and it has me contemplating things I never would have anticipated before. If you want a book that can stimulate a group discussion, this book could be a good platform on economic views.