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One positive side-effect of the recent financial market meltdownthat toppled giant, century-old institutions and cost millionstheir jobs is that it created a strong desire among many Americansto better understand how the U.S. economy functions. InTheLittle Book of Economics, Greg, Ip, one of thecountry's most recognized and respected economics ...
One positive side-effect of the recent financial market meltdownthat toppled giant, century-old institutions and cost millionstheir jobs is that it created a strong desire among many Americansto better understand how the U.S. economy functions. InTheLittle Book of Economics, Greg, Ip, one of thecountry'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 plowthrough academic jargon and Greek letters or pore over charts andtables, The Little Book of Economics offers indispensibleinsight into how the American economy works – or, doesn't.With engaging and accessible prose, the book
A must read for anyone who wants a better grasp of the economywithout taking a course in economics , The Little Book ofEconomicsis a unique and engaging look at how the economy worksin all its wonderful and treacherous ways.
Chapter One The Secrets of Success.
How People, Capital, and Ideas Make Countries Rich.
Chapter Two Economic Bungee Jumping.
Business Cycles, Recessions, and Depressions . . . Oh My!
Chapter Three In-Flight Monitor.
Tracking and Forecasting the Business Cycle from Takeoff to Landing.
Chapter Four Labor Pains.
Employment, Unemployment, and Wages.
Chapter Five Fire and Ice.
Warning: Inflation and Deflation Are Toxic to Your Economic Health.
Chapter Six Drop the Puck!
The Globalization Game Is Here Whether We're Ready or Not.
Chapter Seven All the World's an ATM.
Knitting Global Markets Together.
\Chapter Eight All the President's Men.
They Don't Control the Economy But They Sure Do Try.
Chapter Nine The Buck Starts Here.
The Federal Reserve's Amazing Power to Print and Destroy Money.
Chapter Ten White Smoke over the Washington Mall.
The Making of Monetary Policy and the Fine Art of Fed Watching.
Chapter Eleven When the World Needs a Fireman.
America's Lender of Last Resort and the World's Crisis Manager.
Chapter Twelve The Elephant in the Economy.
What the Government Giveth and Taketh Away.
Chapter Thirteen Good Debt, Bad Debt.
How Government Borrowing Can Save or Destroy an Economy.
Chapter Fourteen Love-Hate Relationship.
The Bipolar Financial System—Essential for Economic Growth But Sometimes It Goes Nuts.
Chapter Fifteen A Species of Neuralgia.
The Multiple, Recurring Causes of Financial Crises.
About the Author.