Book Review

摘要

The books before us deal with applied microeconomics. The first applies the basic principles of supply and demand to a variety of day-to-day topics-from enacting legislation to evolution; the second applies the basic principles of benefit-cost analysis to international trade and finance and domestic savings.rnIn his book, Fisher begins by asking two questions: "Will a consumer demand a good or service simply because a producer supplies it? Will a producer supply a good or service simply because a consumer demands it?" (Fisher 2007, p. 1) The answer to these questions-"Supply does not cause Demand, but Demand causes Supply" (Fisher 2007, p. 2; emphasis in original)-is called the supply and demand paradox.