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The War on Prices (How Popular Misconceptions about Inflation, Prices, and Value Create Bad Policy)

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ISBN: 9781952223860
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SKU:
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Overview

Was inflation’s recent spike exacerbated by corporate greed? Do rent controls really help the needy? Are U.S. health care prices set in a Wild West marketplace? Do women get paid less than men for the same work, and do they pay more than men for the same products? The War on Prices is an eye-opening book that answers all these burning questions and more, as top economists debunk popular misconceptions about inflation, prices, and value.

Market prices are under siege. The war on prices is waged most obviously with damaging government price controls and the harmful effects of central bank monetary mismanagement, as we saw with the recent inflation. Yet these bad policies are propped up by widespread, misguided public beliefs about the causes of inflation, the effects of price controls, and the inherent morality of market prices.

Breaking down these complex issues into three distinct sections―inflation, price controls, and value―this book both sheds light on long-standing contentions and brings economic theory and evidence to bear in today’s most contentious debates. Threaded through the book is a revealing truth: too many of us misunderstand the origin, role, and worth of market prices in our economy. The old insult goes that “economists know the price of everything and the value of nothing.” The War on Prices shows that good economists―and soon, you―can appreciate the value of unshackled market prices in delivering prosperity.

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Product Details

Author:
Ryan A. Bourne
Format:
Hardcover
Pages:
260
Publisher:
Cato Institute (May 14, 2024)
Language:
English
ISBN-13:
9781952223860
ISBN-10:
1952223865
Dimensions:
6.45" x 9.3" x 0.76"
File:
NBN-NationalBookNetwork_06032025_P8685384_onix30_Complete-20250603.xml
Folder:
NBN
List Price:
$24.95
Case Pack:
20
As low as:
$14.22
Publisher Identifier:
P-NBN
Discount Code:
C
Audience:
General/trade
Weight:
23.04oz
Pub Discount:
60
Imprint:
Cato Institute

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