The Eighth Edition (2005)

Economic Issues Today: Alternative Approaches

Eighth Edition

By: Robert B. Carson, Wade L. Thomas, and Jason Hecht

Economic Issues Today photo

Highly accessible and relevant in today's economic environment, Economic Issues Today provides a unique approach to understanding what the practice of economics is all about. Fifteen issues are covered, providing for each an analysis from three different economic perspectives: Conservative, Liberal, and Radical. Authors Carson,Thomas,and Hecht have again combined their efforts to produce a thoroughly revised and updated book. Economic Issues Today is also available in separate volumes: Microeconomic Issues Today and Macroeconomic Issues Today.

The eighth edition features:
  • New directions in agricultural policy since 2002
  • Perspectives on consumer welfare
  • Acid rain, pollution control policies, and the immediacy of environmental issues on an international scale
  • Broadened examination of industry regulation, corporate scandals, and regulation of the accounting profession
  • Updated data on income distribution, poverty, the net worth of America's richest, and use of the Gini index to track inequality
  • New issue on the growing crisis with social security
  • Recent federal tax cuts
  • Renewed focus on productivity growth and the prospects for economic growth
  • Outsourcing of American jobs
  • The resumption of budget deficits
  • Interest rate targeting and the Federal Reserve's monetary policy
  • And much more

Like all its predecessors, Economic Issues Today, Eighth Edition is written specifically for the undergraduate audience; it requires no background in economic analysis and avoids economic jargon in favor of plain everyday language.

Table of Contents

About the Authors


New Feature! How instructors can use Economic Issues Today in conjunction with their favorite principles of economics text! Click here for a convenient correlation grid relating the chapters of Economic Issues Today to the chapters and content of leading principles of economics texts.

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Publication Date: March 2005   M.E. Sharpe, Inc.

Comments on the Sixth and Seventh Editions

Comments on Previous Editions

Summary of Remarks Made by Wade Thomas upon the Publication of the Sixth Edition at the Provost's Author Series, March 9, 1999

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