Business and Government Relations: An Economic Perspective

PART I MARKETS AND GOVERNMENT INTERVENTION
Chapter 1 Welfare Economics and the Market Economy
Chapter 2 Rationales for Government Intervention: An Introduction to Market Failures
Chapter 3 Market Dynamics
Chapter 4 Antitrust Issues
Chapter 5 Do Markets Work? Oil Prices and Speculation

PART II PUBLIC POLICY AND THE POLITICAL PROCESS
Chapter 6 Politics and Public Issues
Chapter 7 The Theory of Public Choice
Chapter 8 Applying the Theory of Public Choice: Insider Trading Regulations
Chapter 9 Ideas Matter: Privacy and the Do Not Call Registry
Chapter 10 Federal Risk Regulation

PART III CURRENT ISSUES IN PUBLIC POLICY
Chapter 11 Subprime Mortgages and the Panic of 2008
Chapter 12 Perspectives on Macroeconomics
Chapter 13 Corporate Governance
Chapter 14 The Economics of Information and the Regulation of Advertising
Chapter 15 Prescription Drug Regulation
Chapter 16 Food Safety
Chapter 17 Products Liability
Chapter 18 Environmental Issues
Chapter 19 Regulating International Trade

ARTICLES
"The Process of Creative Destruction" from Capitalism, Socialism and Democracy by Joseph A. Schumpeter

"The Real Oil Problem" by M.A. Adelman

"Takeovers: Their Causes and Consequences" by Michael C. Jensen

"The State of U.S. Corporate Governance: What's Right and What's Wrong?" by Bengt Holmstrom and Steven N. Kaplan

''Advertising, Prices, and Quality" from "Advertising and the Market Process: A Modern Economic View" by Robert B. Ekelund Jr, and David S. Saurman

"Introduction" from The Regulation of Pharmaceuticals: Balancing the Benefits and Risks by Henry G. Grabowski and John M. Vernon

"A Retrospective on a Century of Environmental Progress: Another
"Greatest Story Never Told" " from Environmental Progress and Its Discontents by Steven F. Hayward

"Climate Change Risks and Policies: An Overview" by Michael Toman

"High-Tech Protectionism: The Irrationality of Antidumping Laws" by Claude E. Barfield

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