This work includes sections on combating recessions and the free market, as well as updated material on the pros and cons of establishing new individual accounts under Social Security. It also includes a discussion of the tax-credit approach to encourage the purchase of health insurance. Part 1 Introduction to Economics; Chapter 1 An Economist’s Genesis; Part 2 Microeconomics; Chapter 2 Markets: Demand and Supply; Chapter 3 Environmental Pollution; Chapter 4 International Trade; Part 3 Macroeconomics; Chapter 5 Recession; Chapter 6 Inflation; Chapter 7 Growth; Chapter 8 Growth Through Tax Reform; Part 4 Policy Issues; Chapter 9 The Social Contract; Chapter 10 Social Security; Chapter 11 Health Insurance; Chapter 12 Education; Chapter 13 Poverty;
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