Economics Explained: Everything You Need to Know About How the Economy Works and Where It's Going

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Simon and Schuster, May 5, 1998 - Business & Economics - 240 pages
21 Reviews
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.
  

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Review: Economics Explained

User Review  - Lauren Tran - Goodreads

This book provides a good overview of the multifaceted complexities of economics, particular from the US's point of view. Certain parts of the book were slightly too technical for me to grasp so I will probably re-read at some point. Great book overall though, very insightful. Read full review

Review: Economics Explained

User Review  - Arun - Goodreads

Too dry.. was expecting more of a simple story telling approach.. Thats what it claimed to do, but didnt deliver on it.. IMHO. Read full review

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Contents

Where Do We Come From?
11
Two Three Great Economists
26
Three A BirdsEye View of the Economy
44
Four The Trend of Things
55
MacroeconomicsThe Analysis of Prosperity and Recession
69
MicroeconomicsThe Anatomy of the Market System
141
Fifteen The Specter of Inflation
177
Sixteen The Inequality Problem
186
Seventeen Globalization
195
Eighteen National Policy in a Globalized World
204
Nineteen The Unfinished Revolution
217
Index
229
Copyright

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About the author (1998)

Robert 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.

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