Overview

Did you ever want to understand why some societies are prosperous and peaceful while others live in a torment of discord and poverty? In this ground-breaking book Filip Palda, Ph.D. in economics from the University of Chicago, the school that has produced the most Nobel Prize winners in economics, explains in a clear and engaging manner for non-experts and economists alike why economics is the science of peace and prosperity and why these twin goals of every society are based on Pareto efficiency. This is the first guide for the layperson to understanding how politics and economics unite to give us the recipe for success and to provide the warning signs of disaster. Every page provides rich insights into the economics of taxation, the economics of politics (so called Public Choice theory), game theory, and many other parts of economics and delves into important historical episodes to illustrate why Pareto efficiency is the only feasible route to peace and prosperity. The book is intended for anyone with an interest in understanding economics.

Full Product Details

9780987788030

Table of Contents

Reviews

Author Information

Nobel Prize winning economist James M. Buchanan writes: Palda offers a novel and interesting perspective on ideas familiar to economists but which are not widely shared.This perspective will surely broaden the understanding of the political economy in which we live. English editor of the Quebecois Libre e-zine Bradley Doucet writes About his book, Palda writes, No prerequisites are needed to understand it except a curiosity about a principle that might one day become humanity's salvation. I can attest that readers need not possess a degree in economics to find much that is worthwhile in Pareto's Republic, even if I think the author is not skeptical enough about how helpful government can be in bringing about a peaceful society. But this book was not written with a reader like me in mind. It was not written to convince a libertarian to be a little bit more mainstream; it was written to convince the mainstream to become considerably more libertarian. As such, I can recommend it with few reservations and confidently assert that readers will find much valuable food for thought, and will enjoy thinking about it, if they read Pareto's Republic. And yes, humanity's salvation really does hang in the balance. ABOUT THE AUTHOR: FILIP PALDA earned his Ph.D. in economics at the University of Chicago under the supervision of Nobel Prize winning economist Gary Becker. He is a full professor at the Ecole nationale d'administration publique of the University of Quebec and a Senior Fellow with the Fraser Institute. Professor Palda is the author of more than 20 articles in refereed economic journals, six books, and is a high-scoring author on the RepEc website of economic working papers. He is best known for his work on exposing the self-interest politicians hold in crafting election finance laws and for his discovery of the displacement deadweight loss of tax evasion.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available