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In this easily accessible, user-friendly volume, respected economist David R. Henderson brings together 152 of the most brilliant minds in economics to show how the analysis of economic topics can illuminate many aspects of the average person’s daily life. Some of the noted contributors include Nobel Prize winners Gary Becker and George Stigler, and former presidential economic advisors, financial columnists, and economists such as Armen Alchian, Don Boudreaux, Deepak Lal, Anna Schwartz, Lawrence Summers, and Murray Rothbard. The entries cover numerous topics including basic concepts, discrimination and labor issues, corporations and financial markets, issues in economic history, economics of legal issues, regulation, environmental regulation, taxes, economic policy, macroeconomics, money and banking, international economics, economics outside the United States, economic systems, schools of economic thought, and more.

Containing more than 160 entries, The Concise Encyclopedia of Economics provides the reader with a wealth of economic analysis about important issues in a comprehensive, yet readable and engaging format. Originally published in 1993 as The Fortune Encyclopedia of Economics and now thoroughly revised and updated, the Liberty Fund edition contains numerous new entries, updates of previously published articles, and a new introduction and index.

Henderson (Hoover Institution/Naval Postgraduate School) collected and edited the work of more than 150 other economists for this new, renamed edition of this encyclopedia. The contributor list includes several Nobel Prize winners and former presidential economic advisers. The goal of the more than 160 signed concept essays is to "show how the analysis of economic topics can illuminate many aspects of the average person's daily life." Topics include price and rent controls, game theory, taxation, various schools of economics, financial markets, inflation, unemployment, and free trade. The entries are all signed, and many contain footnotes and bibliographies with suggested further reading. Among the nearly 100 biographical sketches of prominent economists, 21 are new. To be included in this section, an economist must have won the Nobel Prize in economic science before 2004, been born before 1920 and died before 1992. (Choice, May 2008)

David R. Henderson (ed.)

David R. Henderson is a Research Fellow with Stanford University’s Hoover Institution and an Associate Professor of Economics at the Naval Postgraduate School in Monterey, California. He was formerly a Senior Economist with the President’s Council of Economic Advisers.