In this easily accessible, user-friendly volume, respected economist David R. Henderson brings together 152 of the most brilliant minds in economics to show how the analysis of economic topics can illuminate many aspects of the average person’s daily life. Some of the noted contributors include Nobel Prize winners Gary Becker and George Stigler, and former presidential economic advisors, financial columnists, and economists such as Armen Alchian, Don Boudreaux, Deepak Lal, Anna Schwartz, Lawrence Summers, and Murray Rothbard. The entries cover numerous topics including basic concepts, discrimination and labor issues, corporations and financial markets, issues in economic history, economics of legal issues, regulation, environmental regulation, taxes, economic policy, macroeconomics, money and banking, international economics, economics outside the United States, economic systems, schools of economic thought, and more. Containing more than 160 entries, The Concise Encyclopedia of Economics provides the reader with a wealth of economic analysis about important issues in a comprehensive, yet readable and engaging format. Originally published in 1993 as The Fortune Encyclopedia of Economics and now thoroughly revised and updated, the Liberty Fund edition contains numerous new entries, updates of previously published articles, and a new introduction and index. David R. Henderson is a Research Fellow with Stanford University’s Hoover Institution and an Associate Professor of Economics at the Naval Postgraduate School in Monterey, California. He was formerly a Senior Economist with the President’s Council of Economic Advisers. EDITORIAL BOARD Tyler Cowen, Professor of Economics at George Mason University and Director of the James Buchanan Center and Mercatus Center Robert W. Crandall, Senior Fellow at the Brookings Institution Kevin D. Hoover, Professor of Economics and Philosophy at Duke University Russell Roberts, Professor of Economics and the J. Fish and Lillian F. Smith Distinguished Scholar at the Mercatus Center at George Mason University