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The passion of the teacher is often the inspiration for a student. This lively book illuminates how economics affects all walks of life, whether in the marketplace, voting booth, church, family, or any human activity. Boettke believes that economics is not merely a game to be played by clever professionals, but a discipline that touches on the most pressing practical issues at any historical juncture. The wealth and poverty of nations are at stake; the length and quality of life turns on the economic conditions individuals find themselves living with.

So teaching and learning economics are high stakes ventures. Along the way he introduces us to major thinkers: from Smith, Say, and Bastiat of the Classical School, to Neoclassical and Austrian scholars (Menger, Mises, Hayek, Kirzner, and Rothbard) on to New Institutional economists (Alchian, Coase, Demsetz, North, Ostrom and Williamson) and Public Choice theorists (Buchanan, Tullock, and others). This engaging and reasoned book is a must-read for economists, students, and everyone else who wishes to better understand economics.

“A solid book that counters the excessive simulation of modern academic economics while, at the same time, avoiding the temptation to extend application of the logic beyond reasonable limits. Boettke concentrates on the primary purpose of economics, which is to convey an understanding of how, within properly designed institutional constraints, operative markets generate and distribute value without overt conflict.” —James M. Buchanan, distinguished professor emeritus of economics, George Mason University

“A remarkable book. The volume luminously reflects the amazing breadth of Professor Boettke’s reading, and the deep and careful thoughtfulness with which he reads.” —Israel M. Kirzner, professor emeritus of economics, New York University

Peter J. Boettke

Peter J. Boettke  is the Deputy Director of the James M. Buchanan Center for Political Economy, a Senior Research Fellow at the Mercatus Center, and a professor in the economics department at George Mason University. Boettke was born and raised in New Jersey. He received his BA in economics from Grove City College and his PhD in economics from George Mason University. Before joining the faculty at George Mason University in 1998, he held faculty positions at Oakland University, Manhattan College and New York University. In addition, Boettke was a National Fellow at the Hoover Institution for War, Revolution and Peace at Stanford University during the 1992-1993 academic year. He has been a visiting professor or scholar at the Russian Academy of Sciences in Moscow, the Max Planck Institute for Research into Economic Systems in Jena, Germany, the Stockholm School of Economics, Central European University in Prague and Charles University in Prague.

Boettke is the author of several books on the history, collapse and transition from socialism in the former Soviet Union --- The Political Economy of Soviet Socialism: The Formative Years, 1918-1928 (Kluwer, 1990); Why Perestroika Failed: The Economics and Politics of Socialism Transformation (Routledge, 1993); and Calculation and Coordination: Essays on Socialism and Transitional Political Economy(Routledge, 2001). He is also now the co-author, along with David Prychitko, of the classic principles of economics texts of Paul Heyne's The Economic Way of Thinking (10th Edition, Prentice Hall, 2002). Boettke has also edited the following volumes, Socialism and the Market: The Socialist Calculation Debate Revisited, 9 volumes (Routledge, 2000); The Legacy of F. A. Hayek: Politics, Philosophy, Economics, 3 volumes (Elgar, 1999), The Market Process, 2 volumes (Elgar, 1998), Market Process: Essays in Contemporary Austrian Economics (Elgar, 1994), The Collapse of Development Planning (New York University Press, 1994), and The Elgar Companion to Austrian Economics (Elgar, 1994).

Личен сайт: http://www.peter-boettke.com/