The Little Book of Economics 1st Edition by D.K. Publishing- Ebook PDF Instant Download/Delivery: 0744044308, 9780744044300
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Product details:
ISBN 10: 0744044308
ISBN 13: 9780744044300
Author: D.K. Publishing
The Little Book of Economics 1st Edition: This ebook is the perfect introduction to the subject of economics and economic ideas throughout history. From the earliest forms of currency to the Industrial Revolution, and from the birth of the stock market to free-market capitalism and globalized trade, The Little Book of Economics brings economic theory and the work of key economists to life. Journeying through centuries of economic thought, it is the perfect e-guide to the subject. Includes infographics and flowcharts that explain complex concepts clearly and simply, The Little Book of Economics offers you the same combination of clear text and hard-working infographics in a portable format that is perfect for reading on the go.
The Little Book of Economics 1st Edition Table of contents:
LET TRADING BEGIN 400 BCE–1820 CE
You don’t need to barter when you have coins
Make money from money
Money causes inflation
Protect us from foreign goods
The economy can be counted
Money and goods flow between producers and consumers
Private individuals never pay for street lights
Man is a cold, rational calculator
The invisible hand of the market brings order
Make taxes fair and efficient
Divide up pin production, and you get more pins
Population growth keeps us poor
Meetings of merchants end in conspiracies to raise prices
Supply creates its own demand
Borrow now, tax later
The economy is a yo-yo
Trade is beneficial for all
INDUSTRIAL AND ECONOMIC REVOLUTIONS 1820–1929
Phone calls cost more without competition
Let the ruling classes tremble at a communist revolution
The value of a product comes from the effort needed to make it
Prices come from supply and demand
A system of free markets is stable
Make one person better off without hurting the others
The bigger the factory, the lower the cost
The cost of going to the movies is the fun you’d have had at the ice rink
Workers must improve their lot together
Socialism is the abolition of rational economy
Capitalism destroys the old and creates the new
WAR AND DEPRESSIONS 1929–1945
Unemployment is not a choice
Government spending boosts the economy by more than what is spent
We wish to preserve a free society
Industrialization creates sustained growth
POSTWAR ECONOMICS 1945–1970
In the wake of war and depression, nations must cooperate
All poor countries need is a big push
Governments should do nothing but control the money supply
The more people at work, the higher their bills
Theories about market efficiency require many assumptions
There is no perfect voting system
Make markets fair
Over time, all countries will be rich
Globalization is not inevitable
Socialism leads to empty shops
What does the other man think I am going to do?
Rich countries impoverish the poor
Similar economies can benefit from a single currency
CONTEMPORARY ECONOMICS 1970–PRESENT
It is possible to invest without risk
Tax cuts can increase the tax take
Prices tell you everything
Over time, even the selfish cooperate with others
The government’s promises are incredible
The East Asian state governs the market
Beliefs can trigger currency crises
Stable economies contain the seeds of instability
The biggest challenge for collective action is climate change
We can kick-start poor economies by writing off debt
Pessimism can destroy healthy banks
Savings gluts abroad fuel speculation at home
More equal societies grow faster
Even beneficial economic reforms can fail
The housing market mirrors boom and bust
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