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Preface Part 1 The Foundations of Economic Analysis 1. Killer Airbags 2. Terrible Trade-off 3. Flying the Friendly Skies? 4. The Mystery of Wealth Part 2 Supply and Demand 5. Sex, Booze, and Drugs 6. Expanding Waistlines 7. Is Water Different 8. Slave Redemption in Sudan 9. Choice and Life 10. Smoking and Smuggling Part 3 Alternative Rationing Systems 11. Bankrupt Landlords, from Sea to Shining Sea 12. Rationing Healthcare 13. The Effects of the Minimum Wage 14. Highway to Happiness Part 4 Market Structures 15. Give me MP3 or Give Me Death 16. Contracts, Combinations, and Conspiracies 17. Coffee, Tea, or Tuition-Free? 18. Keeping Competition Out 19. The Perils of Product Differentiation Part 5 Political Economy 20. Raising Less Corn and More Hell 21. Killer Cars and the Rise of the SUV 22. Crime and Punishment 23. The Graying of America Part 6 Property Rights and the Environment 24. Frankenfoods 25. The Trashman Cometh 26. Bye, Bye Bison 27. Smog Merchants 28. Greenhouse Economies Part 7 International Trade and Economic Prosperity 29. Free Trade, Less Trade, or No Trade? 30. The $750,000 Steelworker 31. A Farewell to Jobs 32. The Rise of the Dragon Glossary Selected References Index