What is economics and what can you expect to learn from studying it? In this guide, Paul Heyne, for many years one of America's most respected free-market economists, takes this question as his guiding principle. The story of the progress of economic thought--as embodied in the methods and theories of Adam Smith, John Maynard Keynes, Friedrich von Hayek, James Buchanan, and other influential scholars--provides Heyne with the material for an effective demonstration of the power and promise of the economic way of thinking.
