“A superb book. . . . It is vintage Boettke: engaging, witty, and chock full of insight. This book should be put in the hands of every first-year student of economics, if only to show them what they are missing!” —Bruce Caldwell, research professor of economics, Duke University “A solid book that counters the excessive simulation of modern academic economics ... Read morewhile, at the same time, avoiding the temptation to extend application of the logic beyond reasonable limits. Boettke concentrates on the primary purpose of economics, which is to convey an understanding of how, within properly designed institutional constraints, operative markets generate and distribute value without overt conflict.” —James M. Buchanan, distinguished professor emeritus of economics, George Mason University “Peter Boettke's book Living Economics not only is splendidly characterized by broad erudition, solid analysis, shrewd observation, and expositional clarity, it appears at a propitious moment.”  —William R. Allen, professor emeritus of economics, University of California–Los Angeles Show Less