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The Little Book of Economics: How the Economy Works in the Real World / Edition 2
     

The Little Book of Economics: How the Economy Works in the Real World / Edition 2

3.7 17
by Greg Ip
 

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ISBN-10: 1118391578

ISBN-13: 9781118391570

Pub. Date: 01/14/2013

Publisher: Wiley

Not surprisingly, regular folks suddenly are paying much closer attention to the economy than ever. But economics, with its weird technical jargon and knotty concepts and formulas, can be a tough subject to come to grips with on your own.

Enter Greg Ip and his Little Book of Economics.

Like a patient, good-natured mentor, Greg, one of today's

Overview

Not surprisingly, regular folks suddenly are paying much closer attention to the economy than ever. But economics, with its weird technical jargon and knotty concepts and formulas, can be a tough subject to come to grips with on your own.

Enter Greg Ip and his Little Book of Economics.

Like a patient, good-natured mentor, 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 the "dismal science" is really all about and why you should care.

A fun, educational journey through the strange, sometimes counterintuitive world of economics, The Little Book of Economics delivers:

  • Indispensable insights into everything that really matters about economics and its impact on everyday life
  • Crystal clear explanations of crucial topics such as inflation, unemployment, the Federal Reserve, taxes, the budget deficit, and a lot more
  • Priceless insights into the real roots of the global financial crisis and its aftermath, and of the United States' slugglish recovery and high unemployment
  • Discussions of the dangers posed by risk-taking on Wall Street and soaring government debt
  • Thought-provoking suggestions about what policymakers should do about growth, jobs, taxes, the deficit, and regulation going forward
  • Expert analyses of globalization, the euro crisis, the sources of China's runaway growth, and why the gap between the rich and everyone else keeps getting bigger
  • Special sections in each chapter that demystify the jargon and key concepts to help you understand each subject in detail and keep track of ongoing developments

An accessible, thoroughly engaging look at how the economy really works and how it affects your everyday life, The Little Book of Economics is more than just a great source of information, it's a tool of survival in today's turbulent economic times.

Product Details

ISBN-13:
9781118391570
Publisher:
Wiley
Publication date:
01/14/2013
Series:
Little Books. Big Profits Series , #55
Edition description:
Revised
Pages:
288
Sales rank:
297,106
Product dimensions:
5.30(w) x 7.10(h) x 1.10(d)

Table of Contents

Foreword.

Introduction.

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.

Acknowledgments.

About the Author.

Index.

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Little Book of Economics 3.7 out of 5 based on 0 ratings. 17 reviews.
Jeanny777 More than 1 year ago
One factor which cannot be ruled out as to why the US is in financial decay is simply that our education system fails to teach the principles of finance, or our economy, and the dynamics of the interplay between world economies. That said, Greg's new book truly brings together the many facets of the financial system under one book and explains many of these principles in such elegant, yet so simple english for us readers to digest. And, there are such understated humorous moments as well! One walks away after finishing the book wondering why one didn't major in Economics in college! Maybe if undergraduate students are required to read this book as not just for Econo majors but as a general ed requirement, there would be more financially literate, and productive people in our world. Greg's Chapter 11 on the briefing overview on the months of how our Fed handled the financial chaos was insightful and really helped me as a reader to better grasp the situation. Cheers to you for writing this book Greg! Jeanny
Anonymous More than 1 year ago
There is no lack of "simple little books" designed to explain some complex situation but this book delivers on the promise. A timely update, it puts the economic tumult since 2008 in a readable format. IF our "leaders" could commuicate on this level it would go along way toward explaining what's happening and what may happen next. An easy read, I would recommend it for high school / undergraduate college students for a broad overview of the complexities of Economics. After reading this work I looked up additional works by its author, Greg Ip, and I enjoyed what I found. A contributor to the "Economist" magazine, he has the ability to examine the Economy without getting bogged down in superflous rhetoric and mind-numbing partisan politics.
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Sux
Anonymous More than 1 year ago
This book purports to be nonfiction on a technical subject but it doesn't even have an index - that's an insult to any serious reader.
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