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
