Richard L. Carson
Published: 1996-10-14
Total Pages: 288
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This revision of the best-selling text continues to analyze and explain economic systems using standard supply, demand, and cost analysis, along with property rights. Since the first edition appeared in 1990, much of the world has been going through one of history's great economic upheavals, in which state-managed economies of the Soviet type are transforming themselves into market-based systems. Coverage in this second edition reflects these changes with an all-new chapter on transitional economies. All graphs, tables, and other statistical data have also been updated, and a new appendix to chapter one develops the notion of common property to analyze problems of resource depletion and environmental degradation. Now in a convenient new format, Comparative Economic Systems, Second Edition will be published in two volumes instead of the original three. Volume II will appear in Fall 1997 as will a combined hardcover edition of Volume I and II.