What are the central questions of economics and how do economists tackle them? This book aims to answer these questions in 100 essays, written by economists and selected from The New Palgrave: A Dictionary of Economics . It shows how economists deal with issues ranging from trade to taxation.The 100 essays include: Capital Gains and Losses; E.Malinvaud - Cobweb Theorem; B.Peter Pashigian - Congestion; A.Walters - Constitutional Economics; J.M.Buchanan - Economic Interpretation of History; E.Gellner - Economic Theory and the Hypothesis of Rationality; K.J.Arrow - Family; G.S.Becker - Financial Intermediaries; J.Tobin - Hyperinflation; P.Cagan - Liberalism; R.Dahrendorf - Market Failure; J.O.Ledyard - Monetary Policy; H.Wallich & D.Lindsey - Monopoly; E.G.West - National Income; W.Beckerman - Neutral Taxation; A.C.Harberger - Poverty; A.B.Atkinson - Terms of Trade; R.Findlay - Trade Unions; H.Phelps Brown - Value of Life; T.Schelling - Welfare Economics; A.M.Feldman