Bøger af Richard B. McKenzie

For most people, the word "orphanage? conjures up images of poor little Oliver Twist pleading for more gruel. Many are convinced that the history of orphanages is a social welfare record of total devastation to the lives of the children who grew up in them. Indeed, many of the scholars who contributed to Home Away From Home began their research with the conventional negative view of orphanages. But they arrived at far more balanced assessments of the historical record: while the orphanages studied were not perfect, they were often good solutions to dire conditions for children.The future of America's most vulnerable citizens is on the line, says Richard B. McKenzie, the editor of this volume. Today's government-run child welfare system is detrimental to tens of thousands of children. Foster care, intended as a temporary solution, has turned into permanent but inadequate care for many. While adoption is a solution for some children, others are difficult to place or legally unavailable for permanent placement.In re-examining the surprising success of orphanages in the past, Home Away From Home highlights the great value of providing a truly stable environment for youngsters, and it explains how orphanages might again be a powerfully beneficial social institution.

This book argues that Lionel Robbins's construction of the economics field's organizing cornerstone, scarcity-and all that has been derived from it from economists in Robbins's time to today-no longer can generate general consent among economists.

This book unravels an array of pricing puzzles from the one captured in the book's title as to why so many prices end with "9". UCI economist Richard McKenzie gets across why prices matter. His book is enthralling, entertaining, and yet at a high scientific level.

Now in its third edition, this textbook develops the economic way of thinking through problems that MBA students will find relevant to their career goals. Theory and mathematics are kept as simple as possible and illustrated with real-life scenarios. The textbook package includes online video tutorials on key concepts and complex arguments, and topics likely to be assessed in exams. The distinguished author team has developed this textbook over twenty years of teaching microeconomics to MBA students. Chapters are clearly structured to support learning: Part I of each chapter develops key economic principles, whilst Part II draws on those principles to discuss organizational and incentive issues in management and focuses on solving the 'principal-agent' problem to maximize the profitability of the firm - lessons that can be applied to problems MBA students will face in the future. Economics and management are treated equally; this unique textbook presents economics as part of the everyday thinking of business people.

The updated and expanded 6th edition of this classic text continues the tradition of taking contrarian stands on important economic issues, bringing fresh insight to established economic concepts and principles and to many topics that are new to this edition.

This book reveals surprising reasons for America's weight gain, and explores such consequences as higher fuel consumption and greenhouses gases, growing health insurance costs, reductions in the wages of heavy people, and reenforcement of rescue equipment.

The premise of rationality is a means by which economists can gain insights about complex human interactions. This premise has been broadly criticized by behavioral economics. This book explains why the rationality premise should still be used.