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Lexington Books The Seen, the Unseen, and the Unrealized: How Regulations Affect Our Everyday Lives (Capitalist Thought: Studies in Philosophy, Politics, and Economics)

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Description

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.

Key Features

The Seen, The Unseen, And The Unrealized: How Regulations Affect Our Everyday Lives Capitalist Thought: Studies In Philosophy, Politics, And Economics

Product Type: Abis Book

Brand: Lexington Books

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
15 August 2016
Listed Since
26 May 2016

Barcode

No barcode data available

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