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The Seen, the Unseen, and the Unrealized - How Regulations Affect Our Everyday Lives (Paperback)
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The Seen, the Unseen, and the Unrealized - How Regulations Affect Our Everyday Lives (Paperback)
Series: Capitalist Thought: Studies in Philosophy, Politics, and Economics
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This book illuminates the real effects of regulations on people's
everyday lives. It traces the effects of regulations on an economy
by working through the ripple effects of changes. In so doing, the
book provides a fundamental understanding for the economy as an
organism rather than a machine, and enlightens the reader by
offering a model for understanding the economy and market.
Regulations, which are restrictions placed on the working of the
economy, have consequences, both intended and unintended, direct
and indirect. While the direct effects are well understood, the
indirect effects are often overlooked because they don't fit with
the machine understanding of an economy. More to the point, this
book emphasizes the real effects of regulation and market change on
individual actors, thereby stressing how the economy works to
provide an individual with the options that exist in choice
situations. We draft a new definition of prosperity and well-being
which focuses on the individual's access to valuable alternatives.
From this point of view, the real implications of regulation are
traced step by step, following the logic of exchange and the
effects on individual actors rather than the economy as a whole.
General
Imprint: |
Lexington Books
|
Country of origin: |
United States |
Series: |
Capitalist Thought: Studies in Philosophy, Politics, and Economics |
Release date: |
May 2018 |
Authors: |
Per L. Bylund
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Dimensions: |
230 x 151 x 16mm (L x W x T) |
Format: |
Paperback
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Pages: |
192 |
ISBN-13: |
978-0-7391-9459-1 |
Categories: |
Books >
Business & Economics >
Economics >
Economic theory & philosophy
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LSN: |
0-7391-9459-3 |
Barcode: |
9780739194591 |
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