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Concise Encyclopedia of Economics


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About the Author

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 Presidents Council of Economic Advisers.


Editor Henderson (research fellow, Stanford U.; economics, Naval Postgraduate School) has compiled 168 articles by leading economists on issues that are of interest and relevance to people's daily lives. The editor notes that the goal of this collection is to illustrate how much economic analysis can shed light on the issues that affect us as voters, consumers, employees, and as people who care about the state of the world. The writing, contributed by authors from a variety of schools of thought, is accessible and defines where there is disagreement and where the opinions of the experts converge. The volume also includes biographies of 99 noted economists.

Reference & Research Book News,
May 2008

Henderson (Hoover Institution/Naval Postgraduate School) collected and edited the work of more than 150 other economists for this new, renamed edition of this encyclopedia. The contributor list includes several Nobel Prize winners and former presidential economic advisers. The goal of the more than 160 signed concept essays is to "show how the analysis of economic topics can illuminate many aspects of the average person's daily life." Topics include price and rent controls, game theory, taxation, various schools of economics, financial markets, inflation, unemployment, and free trade. The entries are all signed, and many contain footnotes and bibliographies with suggested further reading. Among the nearly 100 biographical sketches of prominent economists, 21 are new. To be included in this section, an economist must have won the Nobel Prize in economic science before 2004, been born before 1920 and died before 1992. This encyclopedia was first published as The Fortune Encyclopedia of Economics (1993)....For the price, this new version is a worthwhile addition to any library. Summing Up: Recommended. Lower-level undergraduates and general readers.

May 2008

Compiled, organized and edited by David R. Henderson (Research Fellow with Stanford University's Hoover Institution and an Associate Professor of Economics at the naval Postgraduate School in Monterey, California), The Concise Encyclopedia of Economics is a superbly presented introduction to economics comprised of more than 160 entries which draw upon the experience and expertise of some 152 contributors. . . .The Concise Encyclopedia of Economics is substantively enhanced with the inclusion of succinct biographies of leading and influential economists and a comprehensive Index. . . .ideal and indispensable addition to personal, professional, academic, and community library Economic Studies reference collections.

The Midwest Book Review
December 2007

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