Synopsis
Thoroughly revised and statistically updated, this book explains the most frequently misunderstood aspects of economics, including: saving and investing, inflation, big business and the banking system.
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Review
The Boston Globe An excellent course in the history of capitalism and socialism, of growth, progress, and decline.
Ms. 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.
Robert B. Reich, former Secretary of Labor and author of Locked in the Cabinet In this delightfully written primer, Heilbroner and Thurow sweep away the debris of economic theory to expose the political and social choices lying just below it.
About the Author
Robert Heilbroner, one of America's foremost economists, is the author of THE WORDLY PHILOSOPHERS and other books. Lester Thurow is the author of many books including Head to Head. He teaches at MIT.
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Economics Explained: Everything You Need to Know About How the Economy Works and Where It's Going
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Touchstone (edition revised and updated), 1994
ISBN 10: 0671884220
ISBN 13: 9780671884222
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Economics Explained: Everything You Need to Know About How the Economy Works and Where It's Going
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