What is the GDP, and what does it mean? Why does the stock market go down when interest rates go up? What causes a dreaded recession?
Economics impacts everyone's life, but most people take on faith what they read in the newspaper. Now, for anyone who doesn't know much about economics, noted economist Todd Buchholz explains it all simply and clearly. With refreshing wit and irreverence, Buchholz takes readers by the hand and reveals the basic rules behind everything from food prices to trade deficits. Instead of complicated graphs and charts he uses examples from contemporary life and popular culture to demonstrate the principles at work. By cutting through the arcane musings of academicians, the jargon of analysts and advisors, and the rhetoric of politicians, he gives us a precise and accessible understanding of economic ideas, actions, and consequences as they actually exist in the here and now.
Here are some of the heretofore unintelligible ideas he helps us to understand- what causes or combats inflation, and why it is so feared; what moves stocks and bonds up and down-and how to invest wisely and safely; whether it is good or bad to ""protect"" America from foreign goods-and what happens when we do and when we don't; what exactly Social Security is, and whether government spending is good or bad-and how dangerous the national debt is or isn't.
In today's confusing economic climate, it has never been more important for everyone from homemakers to small-business owners to individual investors and middle managers to understand the forces at work.
By:
Todd G. Buchholz
Imprint: Penguin Random House Australia
Country of Publication: Australia
Dimensions:
Height: 204mm,
Width: 136mm,
Spine: 19mm
Weight: 254g
ISBN: 9780452274822
ISBN 10: 0452274826
Pages: 288
Publication Date: 01 May 1996
Audience:
College/higher education
,
A / AS level
Format: Paperback
Publisher's Status: Active
Acknowledgments Introduction Part One. How's the Economy Doing? Macroeconomics 1. The Big Picture 2. Uncle Sam the Debtor: Deficits and Fiscal and Monetary Policy Part Two. The Economist's Toolbox: Microeconomics 3. The Very Model of a Modern Major Market: Microeconomics 4. Applying Microeconomics to Major Markets: Advertising, Education, the Environment, Health Care Part Three. The International Scene 5. Border Crossings: International Trade 6. Money Makes the World Go Round: Currencies and Finance Part Four. Making a Buck: Business Finance and Personal Investing 7. Going for Broke: How Businesses Finance Themselves 8. Taking Stock of Personal Investments Part Five. A Tourist's Guide to the History of Economic Thought 9. They Shoot Economists, Don't They? Great Economists and Schools of Thought Conclusion Appendix: Greatest Hits of Economics Notes Suggested Readings Index
Todd G. Buchholz is an internationally acclaimed economist who advises ABC News, as well as some of the world's leading investment funds. He has served as a director of economic policy at the White House and is a contributing editor for Worth magazine. Buchholz holds advanced degrees from Cambridge University and Harvard Law School and was awarded the Allyn Young Teaching Prize by Harvard University's Department of Economics.
Reviews for From Here to Economy: A Shortcut to Economic Literacy
A painless, even entertaining, way to learn the basics. Buchholz knows his stuff. --Peter Passell, Editor, The Milken Institute Review [A] humorous version of Econ 101. --Publishers Weekly An interesting overview of the economics world... manages to combine sound economics with an entertaining writing style. --Foundation for Economic Education (FEE) Praise for New Ideas from Dead Economists If you read only one economics book this year, read this one. --Larry Summers Outstanding... fun to read. --The Wall Street Journal This wide-ranging survey of economic thought combines a witty and clear exposition with a high degree of accuracy. --Milton Friedman Precious few books... on any academic subject succeed at being witty and amusing. This is one of them. Bravo! --William F. Buckley, Jr.
