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CAIRO BOOKS's Description
One positive side-effect of the recent financial market meltdown that toppled
giant, century-old institutions and cost millions their jobs is that it created
a strong desire among many Americans to better understand how the U.S. economy
functions. In The Little Book of Economics , Greg, Ip, one of the country’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 plow through academic
jargon and Greek letters or pore over charts and tables, The Little Book of
Economics offers indispensible insight into how the American economy works –
or, doesn’t. With engaging and accessible prose, the book Provides a
comprehensive understanding of each aspect of our economy from inflation and
unemployment to international trade and finance Serves as an insider’s guide to
the people and institutions that control America’s economy such as the Federal
Reserve and the federal budget Explains the roots of America’s current economic
crisis and the risks the country faces in its aftermath, such as stratospheric
government debt, while offering advice on overcoming these threats Walks
readers through the basic concepts and terminology they need to understand
economic news Punctures myths and political spin from both the left and the
right with candid and often surprising insight
A must read for anyone who wants a better grasp of the economy without taking
a course in economics , The Little Book of Economics is a unique and engaging
look at how the economy works in all its wonderful and treacherous ways.