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Economics: Making Sense of the Modern…

Economics: Making Sense of the Modern Economy

by Simon Cox

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Book Description

Top writers and contributors to "The Economist" have come together to deliver an accessible and expert analysis that shows readers how to make sense of the modern economy. It focuses on the critical topics of the day, including: * China's rise and what it presages for the world's economy * Globalization--its rapid rise and vocal opponents * The U.S. budge deficit--and why it is dangerous * Nations in turmoil--why former giants like Germany and Japan have run into trouble. * The arteries of capitalism--the intersections of financial markets, central banks, and global capital * Economic facts and fallacies
This is a probing and thought-provoking overview that will engage readers with an intersest in the issues affecting our world. --Ce texte fait référence à l'édition Broché .

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"The Economist" is one of the most trusted publications in the world, with an informed readership of over 1 million weekly, over half of those in the U.S. and Canada.
  fontanitum | Feb 21, 2011 |
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Book description
Written in the accessible, intelligent, jargon-free style for which The Economist is famous, this book is aimed at anyone - from students to presidents - who wants to make sense of the modern economy and grasp how economic theory works in practice.

The laws of economics do not change from week to week. If you have ever wondered why America's trade deficit attracts so much fuss, why central bankers enjoy so much deference, whether stockbrokers earn their commissions, or why we cannot share unemployment by sharing work out more evenly, the articles in this book provide answers based on economic principles of lasting relevance.

Part one of the book looks at globalisation. Part two track the fortunes of the world economy - America's recovery and its imbalances; China's rise; and the brighter signs for the Japanese and German economies after years of underachievement. Part three examines the "capital" in capitalism - what finance does for the economy; how money and credit are created, regulated and circulated; and capial flows across national borders. Part four explores how economics is applied and misapplied - what the market can achieve and how it can fail.
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Making sense of the modern economy. Substantially revised edition of previously successful title that, with typical Economist style and clarity, provided expert analysis of different aspects of the modern economy. Subject areas covered include: * Globalisation * The power of the state in influencing economic life * The power of financial markets * The impact of information technology * Labour markets * Trade * Inflation and deflation * Reasons for booms and busts * The economics of environmentalism * Developing economies * Economic fallacies * The usefulness of economic theory--Publisher's blurb.… (more)

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