Keynesian Economics, Free Market Capitalism, Monetarism, Game Theory, and The Invisible Hand? Sure, you know what they all mean. That is, you’ve certainly heard of them. But do you know enough about these economic theories to join a dinner party debate or dazzle the bar with your knowledge?
30-Second Economics takes the top 50 economic theories, and explains them to the general reader in half a minute, using nothing more than two pages, 300 words, and one picture. Economics will suddenly seem a lot more fun than the economy, and make a lot more sense, and along the way we’ll meet the founding fathers of modern economics such as Adam Smith, David Ricardo, and Alfred Marshall. From Monetarism to Marxism, plus everything in between, this is the ultimate “crash” course in economic theory.
About the Author
Editor Donald Marron is visiting professor at the Georgetown Public Policy Institute in Washington DC, where he teaches public finance and microeconomics. He has had a diverse career as a professor, consultant, and entrepreneur, and from 2002 to 2009 served in various senior positions advising Congress and the White House.
Most Helpful Customer Reviews
Great book to buy if you want a short explaination of the different economic theories and terms we hear discussed at work, in the news and other publications. Also contains glossary of terms and short biographies of major economists. Buy it.
If you get this book you will understand. It gives enough to understand and follow along. Well written and overall well done.