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Titlebook: Economics for Lovers of Literature; Geraint Johnes Book 2023 The Editor(s) (if applicable) and The Author(s), under exclusive license to S

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,Surpluses—When You’ve Got to Go, You’ve Got to Go,Beginning with a quote from Sterne, this chapter examines the surpluses gained through trade by consumers and producers.
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,Economic Welfare—Why Trade Is Good: Part 1,Beginning with a quote from Mary Hallock Foote, this chapter further examines how trade in a competitive setting enhances efficiency and, under appropriate conditions, results in the best outcome for economic welfare.
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,Monopoly—Last Copy, Sir: Double Price,Beginning with a quote from Twain, this chapter examines how monopolistic behaviour compromises efficiency and economic welfare.
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