Common Sense Economics: What Everyone Should Know About Wealth and Prosperity

Common Sense Economics: What Everyone Should Know About Wealth and Prosperity
ISBN-10
1429955988
ISBN-13
9781429955980
Series
Common Sense Economics
Category
Business & Economics
Pages
240
Language
English
Published
2010-08-03
Publisher
Macmillan
Authors
Dwight R. Lee, James D. Gwartney, Richard L. Stroup

Description

"The authors tell us what everyone should know about economics in language we can all understand. It's refreshing when four of the best in the profession avoid the all-too-common practice of writing in a code that only other economists can comprehend." ---Robert McTeer, former president of the Federal Reserve Bank of Dallas With the global economy recovering from a steep recession, those who fail to grasp basic economic principles such as gains from trade, the role of profit and loss, and the secondary effects of government spending, taxes, and borrowing risk falling behind in their professional careers--even their personal lives. Common Sense Economics discusses key principles and uses them to show how to make wise personal and policy choices. This new edition of a classic from James D. Gwartney, Richard L. Stroup, Dwight R. Lee, and Tawni H. Ferrarini, with reflections on the recent recession and the policy response to it, illuminates our world and what might be done to make it better.

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