Famous Fables of Economics critiques some of our most cherished stories of market failure.

About the Author
Daniel F. Spulber is the Elinor Hobbs Distinguished Professor of International Business and Professor of Management Strategy at the Kellogg Graduate School of Management, Northwestern University, where he has taught since 1990. Spulber is also Professor of Law at the Northwestern University Law School.

Reviews
"This book is important for understanding how economic principles can be applied to real-world problems. Professor Spulber discusses nine important myths that are often cited in the economics profession. These myths have important lessons for a number of current policy issues such as the Microsoft case, the supposed superiority of Betamax over VHS and the supposed current stock market bubble." Jack Carr, University of Toronto.

"Famous Fables of Economics is a welcome addition. Students will learn that fables and myths should not be accepted at face value. More importantly, they will see how economics can be used to challenge these myths. The book will prove useful in an array of courses, especially those that deal with policy issues." Roger D Blair, University of Florida.

Book Information
ISBN 9780631226758
Author Daniel Spulber
Format Paperback
Page Count 324
Imprint Wiley-Blackwell
Publisher John Wiley and Sons Ltd
Weight(grams) 544g
Dimensions(mm) 245mm * 172mm * 24mm