The new world of economics
Book • 1975
Gordon Tullock's "The New World of Economics" is a wide-ranging exploration of the application of economic principles to various aspects of human behavior and social institutions.
Tullock challenges traditional economic thinking by applying economic analysis to areas such as politics, law, and social norms.
He emphasizes the importance of individual incentives and strategic behavior in shaping social outcomes.
The book's interdisciplinary approach and its insightful analysis of human behavior have had a lasting impact on economic thought and policy.
It remains a valuable resource for understanding the broader implications of economic principles.
Tullock challenges traditional economic thinking by applying economic analysis to areas such as politics, law, and social norms.
He emphasizes the importance of individual incentives and strategic behavior in shaping social outcomes.
The book's interdisciplinary approach and its insightful analysis of human behavior have had a lasting impact on economic thought and policy.
It remains a valuable resource for understanding the broader implications of economic principles.
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Peter Boettke
S3E15: Peter Boettke, Austrian Economics, George Mason University
