Book Review - The Little Book of Economics: How the Economy Works in the Real World

Author(s): Central Bank Of Barbados

Created 30 Dec, 2012
Categories Book Reviews
Views: 2103
The work of Greg Ip in “The Little Book of Economics” has been praised and applauded by many since its 2010 publication. USA Today deemed it “…a must read in economic literacy” whereas magazines such as The Economist noted it as “A guide to understanding the dismal science”. Ip, an award winning journalist, skillfully avoids the academic jargon, complex equations and charts that usually find themselves in the economics literature. Instead, he presents fifteen chapters of anecdotes and analogies, thereby providing a clear understanding of how economic theories relate to real-world events. Although it is primarily focused on the United States (US), “The Little Book of Economics” gives meaningful explanations on the basic operations of an economy.

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