50 Ideas You Really Need to Know: Economics

What exactly is a credit crunch? Why do football players earn so much more than the rest of us? Which country will be the world’s leading economy in 10 years’ time? And how does economics affect each one of us, every day? Edmund Conway, economics editor of the Daily Telegraph, introduces and explains the central concepts of economics in a series of 50 accessible and engaging essays. Beginning with the basic theories, such as Adam Smith’s “invisible hand” and the law of supply and demand, an...