What is economics and what can you expect to learn from studying it? In this guide, Paul Heyne, for many years one of America's most respected free-market economists, takes this question as his guiding principle. The story of the progress of economic thought - as embodied in the methods and theories of Adam Smith, John Maynard Keynes, Friedrich von Hayek, James Buchanan, and other influential scholars - provides Heyne with the material for an effective demonstration of the power and promise of the economic way of thinking.
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Intercollegiate Studies Institute