The Little Book of Economics

The Little Book of Economics

How the Economy Works in the Real World

Book - 2013
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An accessible, thoroughly engaging look at how the economy really works and its role in your everyday life

Not surprisingly, regular people suddenly are paying a lot closer attention to the economy than ever before. But economics, with its weird technical jargon and knotty concepts and formulas can be a very difficult subject to get to grips with on your own. Enter Greg Ip and his Little Book of Economics . Like a patient, good-natured tutor, Greg, one of today's most respected economics journalists, walks you through everything you need to know about how the economy works. Short on technical jargon and long on clear, concise, plain-English explanations of important terms, concepts, events, historical figures and major players, this revised and updated edition of Greg's bestselling guide clues you in on what's really going on, what it means to you and what we should be demanding our policymakers do about the economy going forward.

From inflation to the Federal Reserve, taxes to the budget deficit, you get indispensible insights into everything that really matters about economics and its impact on everyday life Special sections featuring additional resources of every subject discussed and where to find additional information to help you learn more about an issue and keep track of ongoing developments Offers priceless insights into the roots of America's economic crisis and its aftermath, especially the role played by excessive greed and risk-taking, and what can be done to avoid another economic cataclysm Digs into globalization, the roots of the Euro crisis, the sources of China's spectacular growth, and why the gap between the economy's winners and losers keeps widening
Publisher: Hoboken, N.J. : Wiley, c2013.
Edition: Rev. and updated.
ISBN: 9781118391570
Characteristics: xxiii, 258 p. ; 19 cm.


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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.

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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