Marginal Cost in the New Economy outlines a bold new approach for resolving a wide variety of public policy debates. It proposes that a single standard - marginal cost methodology - be adopted to replace the haphazard, and often self-serving arrays of methods and techniques currently employed to measure the costs and benefits of disputed policy issues. The author explains how this methodology would provide an effective starting point for evaluating issues ranging from the relatively simple, such as school vouchers, to the more complex, including prescription drug prices and anti-trust...

Top economists provide a concise and accessible evaluation of major developments in trade and trade policy.They examine the key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national levelProvides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews"Economic Policy" is written for all those with an informed interest in economic policy problemsAll articles are submitted to rigorous scrutiny by a panel of distinguished economists from around the world, resulting in a volume of...