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More copies of this ISBN:This title in other formats:Economics Explained: Everything You Need to Know about How the Economy Works and Where It's Goingby Robert Heilbroner
Synopses & ReviewsPublisher Comments:In its fourth edition, Economics Explained continues its announced purpose — to explain that mysterious thing called economics. But there is a new urgency to the book. It is announced in the first sentence of the introduction: Just in case the reader-to-be hasn't noticed, disturbing things are going on in the American economy these days. This new edition is about these disturbing things: a trend toward inequality of incomes, the appearance of a new globalized capitalism, the specter of inflation. As before, Robert Heilbroner and Lester Thurow treat these problems in language that seeks to make clear their causes and treatments. In this straightforward, highly accessible reference, Heilbroner and Thurow — two of America's most respected and articulate economists — offer all the economics essential for becoming an effective investor, a savvy business decision maker, or simply an informed member of society. Review:"This is the book for anyone who has never taken a course in economics. They take the mystery out of the gross national product, exchange rates, inflation, the money supply, and government spending." Library Journal Review:"An excellent course in the history of capitalism." The Boston Globe Books Review:"At last, a patient but not condescending, detailed but not recondite, conversational but not glib discussion of the factors and terms that any reader of the daily newspaper needs to understand." Ms. Synopsis:Offering a primer on economic theory, this text aims to give an understanding of the causes and treatments of the problems of the late 1990s and the possible risks/rewards of the future. Topics covered include the impact of the globalization of capitalism and the effects of new technologies. Synopsis:This updated edition of the definitive introduction to economics addresses urgent topical issues, including the increasing inequality in the distribution of income, the impact of the "globalization" of capitalism, and the far-reaching effects of new technology. Charts throughout. About the AuthorRobert Heilbroner is the Norman Thomas Professor of Economics, Emeritus, at The New School for Social Research. He is the author of over twenty books, among them The Worldly Philosophers. He lives in New York City. Table of ContentsIntroduction I The Economic Background OneCapitalism: Where Do We Come From? TwoThree Great Economists ThreeA Bird's-Eye View of the Economy Four The Trend of Things II Macroeconomics — The Analysis of Prosperity and Recession FiveThe GDP SixSaving and Investing SevenPassive Consumption, Active Investment EightThe Economics of the Public Sector NineThe Debate About Government TenWhat Money Is ElevenHow Money Works III Microeconomics — The Anatomy of the Market System TwelveHow Markets Work ThirteenWhere Markets Fail FourteenThe Two Worlds of Business IV Problems FifteenThe Specter of Inflation SixteenThe Inequality Problem Seventeen Globalization Eighteen National Policy in a Globalized World Nineteen The Unfinished Revolution Index
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