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From how the current crisis happened to the role of banks to how money works, this book addresses complex ideas in an easy to understand Q&A format with lively prose. With examples throughout from personal finance issues such as how to negotiate the best price for a car, and should you buy a warranty for a new computer, to big picture questions that affect our national and global economy such as: What is deflation and inflation? How does monetary policy really work? How does a corporation actually go bankrupt?
From how the current crisis happened to the role of banks to how money works, this book addresses complex ideas in an easy to understand Q&A format with lively
David Friedman has never taken an economics class in his life. Sure, he's taught economics at UCLA. Chicago, Tulane, Cornell, and Santa Clara, but don't hold th
This book explores the role played by the individual in the economy, in particular, how the individual experiences the economy. It shows the role of government,
Air bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes as a surprise to most people, but not to economists,