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
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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  - Don Gubler - Goodreads

Good introduction. Economics is a necessary understanding for our current world. Read full review

Review: Economics Explained

User Review  - Gayu91 - Goodreads

Brilliant book.It really helped me understand economics better. Heilbroner is a genius! It's definitely a must-read for those who haven't done economics earlier. Read full review


Where Do We Come From?
Two Three Great Economists
Three A BirdsEye View of the Economy
Four The Trend of Things
MacroeconomicsThe Analysis of Prosperity and Recession
MicroeconomicsThe Anatomy of the Market System
Fifteen The Specter of Inflation
Sixteen The Inequality Problem
Seventeen Globalization
Eighteen National Policy in a Globalized World
Nineteen The Unfinished Revolution

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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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