Acknowledgments

Thinking about the origins of this book takes me back to my days as an assistant professor at the University of Southern California Graduate School of Business where I tried to share with my students, initially with little success, much of what I had learned at the University of Chicago. Inadvertently my students sent me on a long journey to improve my skill of delivery and mastery of the content of my economic lectures. For that I will always be grateful to them.

In order to engage my students and to share my interest in policy issues—in particular the fiscal and regulatory legislation passed by elected officials at the federal and local levels—I developed the concept of cocktail economics. In my lectures, time and again using ...

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