Who should read this book? Anyone who is touched by public education--teachers, administrators, teacher-educators, students, parents, politicians, pundits, and citizens--ought to read this book. It will speak to educators, policymakers and citizens who are concerned about the future of education and its relation to a robust, participatory…

The authors describe a Web-based classroom experiment with two assets: cash and a stock that pays a random dividend. The interest rate on cash, coupled with a well-chosen final redemption value for the stock, induces a flat trajectory for the fundamental value of the stock. However, prices typically rise above this value during a session. The…

NutrientNet is an Internet-based environment in which a class can simulate a market-based approach for improving water quality. In NutrientNet, each student receives a role as either a point source or a nonpoint source polluter, and then the participants are allowed to trade water quality credits to cost-effectively reduce pollution in a…

Neoliberalism is one of the most pervasive and contested concepts of our contemporary era. Thus, it is essential for students to gain an understanding of its history, meaning, assumptions, and policy prescriptions. In addition to recognizing the importance of neoliberalism in the current political discourse, I argue that the polarized responses to…

A comprehensive update of the classic study that delivers both a passionate plea and strategies for teachers, parents, and community organizers to give working-class children the same type of empowering education and powerful literacy skills that the children of upper- and middle-class people receive. The classic, indispensable guide for teachers,…

The typical method of presenting supply and demand in high school classes often leaves students with an impression that markets are simple and function effortlessly. In reality, the effectiveness of markets depends on the quality of complex institutions such as private property and property-rights enforcement. Students often do not realize that…

Argues that instructors may mislead students when they credit efficient performance as flowing entirely from competition. Distinguishes between competitive behavior and market structure; refines the implications of opportunity cost and profit; and derives useful conclusions about the nature and sources of productive and allocative efficiency. (DB)

Limitations of the market-economy model for organizing research in certain areas of knowledge, particularly the humanities, are discussed. A perspective in which knowledge is treated as a gift to society rather than a free-market commodity is outlined, and it is concluded that humanities and other research should be organized accordingly. (MSE)

This guide presents a 139-item bibliography of books and articles on the school of thought known as the Austrian school of economics. The first nine of the ten sections contain bibliographic entries, classified by topic. Part 1 is an introduction to Austrian economics, listing sources on the school in general and on three principal members. Each…

This lesson plan features a classroom simulation that helps students understand the characteristics of a market economic system. The lesson plan states a purpose; cites student objectives; suggests a time duration; lists materials needed; and details a step-by-step teaching procedure. The "Paper Airplane Challenge" handout is attached. (BT)

Suggests that intermediate microeconomic theory instruction should emphasize individual elements of the topic as part of a general equilibrium model. Summarizes a model that can be used to highlight the unifying thread running through the subject. Discusses the submodels of the market, the consumer, the firm, and the economy as a whole. (SG)

This paper is drawn from a recent microhistory of teacher stress, a genealogical inquiry that reveals the debilitating effects of a 'game of truth' called 'economic rationalism' on South Australian teachers during the last two decades of the twentieth century. It explores the everyday stresses of teaching through extracts from the teachers' oral…

This lesson plan helps students understand the role consumer demand plays in the market system, i.e., how interactions in the marketplace help determine pricing. Students will participate in an activity that demonstrates the concepts of demand, demand schedule, demand curve, and the law of demand. The lesson plan provides student objectives;…

Presents instructions for playing "Widgets and Blasters," an educational game designed to illustrate the functioning of a competitive market and help students understand economic models. Explains that the aims of the activity are to encourage students to identify the pattern of price over time and analyze the pattern in terms of…

Identifies inconsistencies in treatments of the perfect competition, monopoly welfare comparison in textbooks for economics instruction. Argues for explanation of how experiments are being conducted and explicit identification of all underlying assumptions. Suggests straightforward analysis of the social cost of monopoly based on a comparison…