Journals Higher Education



Published: 10 March 2005

608 Pages | 99 illus.

7-1/2 x 9-1/4 inches

ISBN: 9780195138658

Bookseller Code (04)

Understanding Capitalism

Competition, Command, and Change

Third Edition

Samuel Bowles, Richard Edwards, and Frank Roosevelt

Understanding Capitalism: Competition, Command, and Change, Third Edition, is an introduction to economics that explains how capitalism works, why it sometimes does not work as well as we would like it to, and how over time it not only changes but also revolutionizes the world around us. The third edition features two new chapters, one on the behavioral foundations of economics and another on how economic success (and poverty) are passed on from parents to children. It also presents a completely revised and expanded treatment of the revolutionary changes that have been associated with capitalism over the past three centuries.


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Social Sciences > Economics > Public Economics