Readings for Tuesday, 21 June 2005, Eric Rasmusen

Morning Session: 72 pages.

1. Eric Rasmusen, "Economic Regulation and Social Regulation," 15 January 2005, http://www.rasmusen.org/social/1social.pdf(40 pages).
   
   
2. Jack Hirshleifer and David Hirshleifer, Price Theory and Applications, Chapter 2, pp. 25-46 (6th edition, Englewood Cliffs, New Jersey: Prentice-Hall, 2001). 21 pages.
   
   
3. Leonard Read, "I, Pencil," The Freeman (December (1958). http://www.econlib.org/library/Essays/rdPncl1.html. 5 pages.
   
   
4. Eric Rasmusen, "Selling Your Spot in Line-- Canadian Knee Operations", http://www.rasmusen.org/x/archives/216 (September 21, 2004). 1 page.
   
   
5. Amartya Sen, "The Impossibility of a Paretian Liberal," The Journal of Political Economy, 78, 1:152-157 (January 1970). 5 pages.
   
   

Afternoon Session: 75 pages

1. "Shooting the Bird's Eye," pp. 18-19 of The Five Sons of King Pandu: The Story of the Mahabharata , adapted from the Kisari Ganguli translation by Elizabeth Seeger, New York: William R. Scott (1967). 1 page.
   
   
2. "Alfred Marshall on Mathematics in Economics" Marshall's 1906 letter to Bowley. http://www.rasmusen.org/w/2003/marshall.htm. 1 page.
   
   
3. The Parable of the Talents, Matthew 25:14-30. http://www.rasmusen.org/special/gm/talents.htm. 1 page.
   
   
4. Steven Rhoads, "Preface," "Acknowledgements," "Opportunity Cost," "Marginalism," pages xi-xiv and 11-36 of The Economist's View of the World, Cambridge University Press (1985) (331 pages total in book). 29 pages.
   
   
5. Richard Posner, Economic Analysis of Law, 4th ed. Sections 7.2-7.4, pp. 223-239, Little Brown (1992). 16 pages.
   
   
6. Steven D. Levitt, "Understanding Why Crime Fell in the 1990s: Four Factors that Explain the Decline and Six that Do Not," The Journal of Economic Perspectives, 18, 1:163-190 (Winter 2004). 27 pages.