Containing about 30 percent new material, this edition of Economics Explained offers readers not only an invaluable primer on economic theory, but a clear understanding of the causes and treatments of the problems confronting us today, as well as the possible risks and the potential rewards we face in the future.
"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
"An excellent course in the history of capitalism". -- The Boston Globe Books
"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. Less
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