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Alternatives and Supplements: Fun on the Internet

(For an explanation of what this page is all about, read the note at the bottom.)


Introduction

Definitions of Economics

Here is a short article that looks at some of the ways economics has been defined:
http://www.geocities.com/hmelberg/papers/981123.htm

Scarcity and Choice

Robert Stonebraker of Winthrop University has an set of readings for a rather unconventional economics course online. Here is his entertaining introduction to scarcity and choice:
http://faculty.winthrop.edu/stonebrakerr/book/intro.htm

Utopias

The sci-fi guys and gals talk about the post-scarcity society, which is one sort of utopia:
http://en.wikipedia.org/wiki/Post_scarcity

What is a Science

This discussion of science in this wikipedia selection takes you well beyond where the CyberEconomics text goes:
http://en.wikipedia.org/wiki/Problem_of_demarcation#Demarcation_in_contemporary_scientific_method

Positive and Normative

Some academics shower wikipedia.org with disdain. I have found that some of the articles on economics are extremely good. However, there is a lot of variation from article to article. Some are overly technical, and others are poorly developed. Here are two entries in wikipedia explaining the difference between positive and normative economics:
http://en.wikipedia.org/wiki/Positive_%28social_sciences%29
http://en.wikipedia.org/wiki/Normative_economics

Unintended Consequences

The economics blog marginalrevollution.com links to several articles that illustrate fascinating examples of unintended consequences of government policy:
http://www.marginalrevolution.com/marginalrevolution/2008/01/the-law-of-unin.html

Is trying to end slavery by buying up the slaves and freeing them a good way to fight slavery? Or does it have an unintended consequence? Find out here:
http://www.econlib.org/library/Columns/y2007/Whitmanincentives.html

How to Study Economics

(I have not yet found anything that fits here.)

 


These links were checked on May 27, 2007


CyberEconomics arose from my dissatisfaction of the standard college economics textbook of the 1960s and 1970. I set out to write a book that would reflect a different way of organizing the course, a way that I thought better reflected the state of economics in the 1970s and 1980s than what I saw in the textbooks. In the years since, other authors have moved towards my organization, and on some topics they have moved past me.

A few years ago I began to question the need for any economics textbook, even mine. With the new technology of the internet, could the textbook as we know it be obsolete? What would a textbook look like if it were composed of bits and pieces that could be assembled from the internet? In the summer of 2007, I decided to find out by composing such a textbook, and this page and the pages like it are the result. However, in making this alternative textbook, I kept the same structure that exists in CyberEconomics. If I were really serious about getting rid of the textbook, I would want a different organization, one that dropped many of the topics from the traditional textbook and went into more depth on a few key remaining ideas. But the cost of that project is too high, given my time, abilities, and alternative opportunities.

I am moderately satisfied with the results. In many cases finding readings that were roughly compatible with topics and coverage of the chapter was difficult. I used a lot of entries from Wikipedia because they seemed better than the alternatives I could find in the limited time given to this endeavor. I found Wikipedia an uneven source: some articles are very good, others are overly technical, and a few are a mess. I also used many entries from The Concise Encyclopedia of Economics even though in many cases they were longer and more detailed that what I really wanted. The temptation to link to the work of the many great economists who have written for The Concise Encyclopedia of Economics was just too great.

Even though this first (summer 2007) version leaves much to be desired, with feedback future editions might develop into something much better. I am especially interested in relatively short readings that have stable urls. Newspaper articles sometimes have stories that illustrate economic concepts in entertaining ways, but finding them is very time consuming, and often they do not have lasting urls. If you have suggestions of sites that are informative, entertaining, and/or interactive, send them to me at schenk at saintjoe.edu.

The reason these sections are called "Alternatives and Supplements" is that they can serve not only as alternative readings, but they can also be used to explore the topics in more depth or from another point of view. I really do not want to make my text obsolete: I am hoping that this new feature will make it more useful, not less useful.


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Copyright Robert Schenk