Brian P. Simpson is Assistant Professor in the School of Business and Management at National University.

Markets Don't Fail! is akin to works such as Henry Hazlitt's Economics in One Lesson, or Frederic Bastiat's The Law, not only in terms of the free market ideas it espouses, but also given its clear writing style, its reasonable length, and its staunch defense of unregulated economic activity. This book is a significant contribution in economics. It is the first and only such book written from the perspective of Objectivism, the philosophy of Ayn Rand, which has provided a strong impetus for a revival of classical liberalism, based on individual rights and limited government. The writer has remained focused on his defense of markets on the basis of individualism. He has used sound scholarship to advance his case and he clearly knows the material and, thankfully does not burden the text with footnotes for the sake of footnotes. This is the only contemporary text that has taken this approach and is accessible to the beginning student.

• Chapter 1 Capitalism, Socialism, and the Mixed EconomyChapter 2 MonopolyChapter 3 The Antitrust Laws and Predatory PricingChapter 4 ExternalitiesChapter 5 Regulation of Safety and QualityChapter 6 EnvironmentalismChapter 7 Economic InequalityChapter 8 Public GoodsChapter 9 Asymmetric InformationChapter 10 Epilogue

Brian P. Simpson is Assistant Professor in the School of Business and Management at National University.

Markets Don't Fail! is akin to works such as Henry Hazlitt's Economics in One Lesson, or Frederic Bastiat's The Law, not only in terms of the free market ideas it espouses, but also given its clear writing style, its reasonable length, and its staunch defense of unregulated economic activity. This book is a significant contribution in economics. It is the first and only such book written from the perspective of Objectivism, the philosophy of Ayn Rand, which has provided a strong impetus for a revival of classical liberalism, based on individual rights and limited government. The writer has remained focused on his defense of markets on the basis of individualism. He has used sound scholarship to advance his case and he clearly knows the material and, thankfully does not burden the text with footnotes for the sake of footnotes. This is the only contemporary text that has taken this approach and is accessible to the beginning student.

• Chapter 1 Capitalism, Socialism, and the Mixed EconomyChapter 2 MonopolyChapter 3 The Antitrust Laws and Predatory PricingChapter 4 ExternalitiesChapter 5 Regulation of Safety and QualityChapter 6 EnvironmentalismChapter 7 Economic InequalityChapter 8 Public GoodsChapter 9 Asymmetric InformationChapter 10 Epilogue

Brian P. Simpson is Assistant Professor in the School of Business and Management at National University.

Markets Don't Fail! is akin to works such as Henry Hazlitt's Economics in One Lesson, or Frederic Bastiat's The Law, not only in terms of the free market ideas it espouses, but also given its clear writing style, its reasonable length, and its staunch defense of unregulated economic activity. This book is a significant contribution in economics. It is the first and only such book written from the perspective of Objectivism, the philosophy of Ayn Rand, which has provided a strong impetus for a revival of classical liberalism, based on individual rights and limited government. The writer has remained focused on his defense of markets on the basis of individualism. He has used sound scholarship to advance his case and he clearly knows the material and, thankfully does not burden the text with footnotes for the sake of footnotes. This is the only contemporary text that has taken this approach and is accessible to the beginning student.

• Chapter 1 Capitalism, Socialism, and the Mixed EconomyChapter 2 MonopolyChapter 3 The Antitrust Laws and Predatory PricingChapter 4 ExternalitiesChapter 5 Regulation of Safety and QualityChapter 6 EnvironmentalismChapter 7 Economic InequalityChapter 8 Public GoodsChapter 9 Asymmetric InformationChapter 10 Epilogue