The Little Book of Economics

The Little Book of Economics

How the Economy Works in the Real World

Book - 2010
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One positive side-effect of the recent financial market meltdown that toppled giant, century-old institutions and cost millions their jobs is that it created a strong desire among many Americans to better understand how the U.S. economy functions. In The   Little Book of Economics , Greg, Ip, one of the country's most recognized and respected economics journalists, walks readers through how the economy really works.

Written for the inquisitive layman who doesn't want to plow through academic jargon and Greek letters or pore over charts and tables, The Little Book of Economics  offers indispensible insight into how the American economy works - or, doesn't. With engaging and accessible prose, the book

Provides a comprehensive understanding of each aspect of our economy from inflation and unemployment to international trade and finance Serves as an insider's guide to the people and institutions that control America's economy such as the Federal Reserve and the federal budget Explains the roots of America's current economic crisis and the risks the country faces in its aftermath, such as stratospheric government debt, while offering advice on overcoming these threats Walks readers through the basic concepts and terminology they need to understand economic news Punctures myths and political spin from both the left and the right with candid and often surprising insight

A must read for anyone who wants a better grasp of the economy without taking a course in economics , The Little Book of Economics  is a unique and engaging look at how the economy works in all its wonderful and treacherous ways.

Publisher: Hoboken, N.J. : John Wiley & Sons, c2010.
ISBN: 9780470621660
Characteristics: xxii, 250 p. ; 19 cm.

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Luzer1039
Oct 16, 2016

While I definitely know more about economics than I did before reading this book, unfortunately I found the author's claim to be the solution to an economy "shrouded in jargon and dry numbers" false. An unfortunate amount of this book was pure jargon and I'm afraid I actually understood less than a third of it at best. If you already have a good handle on economic jargon, then you might find this book quite engaging, as the read itself is hardly dry. But if you, like me, are looking for an easy introduction to understanding the economy from the very ground up, then I recommend looking for that start elsewhere.

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Vito597
Feb 15, 2015

Decent summary of the myriad of economic topics in contemporary consciousness. Easy read. Not too in-depth to be confusing or obscure. Somewhat practical to better understand economic topics tho not for investing reference.

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