Publisher's Synopsis
When faced with material crises governments do not call upon historians, anthropologists, political scholars, or psychologists. They call on economists. These have developed the most coherent and convincing description of how society organizes itself through a system of accounting amenable to precise analysis. Mastering this analysis is the challenge of the apprentice economist. Learn to become a master from Filip Palda, who earned his Ph.D. in economics at the University of Chicago. Here is what Nobel Prize winners have said about Palda's previous books: "Interesting and well written." Gary S. Becker. Nobel Prize in economics 1992. "Palda offers a novel and interesting perspective." James M. Buchanan. Nobel Prize in economics 1987.
