The Little Book of Economics by Greg Ip audiobook

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

By Greg Ip
Read by Lloyd James

Gildan Media 9781596596924

The Little Books, Big Profits Series

5.75 Hours Unabridged
Format: Digital Download (In Stock)
  • $24.98
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    ISBN: 9781596596924

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After the global financial panic and recession of 2007–2009, you don’t have to be president or a hedge fund manager to know that “It’s the economy, stupid.” Yet while the economy dominates the headlines, how it works and who influences it remain a mystery to most people. In The Little Book of Economics, Greg Ip, an award-winning journalist renowned for making complex economics easy to understand, walks you through how the economy really works. You’ll learn: • How psychology and the Federal Reserve drive business cycles • How a financial crisis can transform a recession into a depression • The surprising effects of fertility rates, lawyers, and ideas on economic growth • Whether the United States faces a lost decade like Japan did in the 1990s • The causes of inflation, how it destabilizes society, and why deflation is even worse • How government debt can sometimes help end a recession but, other times, bring on disaster—and how to tell the difference • The symptoms of financial crises and why they often occur in election years • What goes on inside the Federal Reserve, what it does when interest rates are zero, and why its power to print money has made it the world’s financial fireman You can’t understand the American economy without recognizing the growing influence of the rest of the world. So The Little Book of Economics digs into globalization, how it made America’s mortgage crisis possible, how it’s exploited by China to spur growth, and how it makes the United States richer even as it widens the gap between winners and losers. One side effect of the deepest economic downturn since the Great Depression is that it has ignited a fresh desire among citizens and investors to better understand the economy. The Little Book of Economics is an accessible, engaging, and entertaining guide to all of the wonderful and wicked ways in which the economy functions and what it all means to you.

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Summary

Summary

After the global financial panic and recession of 2007–2009, you don’t have to be president or a hedge fund manager to know that “It’s the economy, stupid.” Yet while the economy dominates the headlines, how it works and who influences it remain a mystery to most people. In The Little Book of Economics, Greg Ip, an award-winning journalist renowned for making complex economics easy to understand, walks you through how the economy really works. You’ll learn: • How psychology and the Federal Reserve drive business cycles • How a financial crisis can transform a recession into a depression • The surprising effects of fertility rates, lawyers, and ideas on economic growth • Whether the United States faces a lost decade like Japan did in the 1990s • The causes of inflation, how it destabilizes society, and why deflation is even worse • How government debt can sometimes help end a recession but, other times, bring on disaster—and how to tell the difference • The symptoms of financial crises and why they often occur in election years • What goes on inside the Federal Reserve, what it does when interest rates are zero, and why its power to print money has made it the world’s financial fireman You can’t understand the American economy without recognizing the growing influence of the rest of the world. So The Little Book of Economics digs into globalization, how it made America’s mortgage crisis possible, how it’s exploited by China to spur growth, and how it makes the United States richer even as it widens the gap between winners and losers. One side effect of the deepest economic downturn since the Great Depression is that it has ignited a fresh desire among citizens and investors to better understand the economy. The Little Book of Economics is an accessible, engaging, and entertaining guide to all of the wonderful and wicked ways in which the economy functions and what it all means to you.

Editorial Reviews

Editorial Reviews

“Finally, an economics book that is neither dull nor inscrutable and that won't put you to sleep.” Burton G. Malkiel, Professor of Economics, Princeton University; author of A Random Walk Down Wall Street and The Elements of Investing
The Little Book of Economics will teach you much more than a little about the forces that shape all of our lives.” N. Gregory Mankiw, Professor of Economics, Harvard University; author of Principles of Economics
“A guide to understanding 'the dismal science' and how economic concepts and institutions affect our daily lives.”  The Economist
“Here's the perfect way to understand the economy without breaking a sweat. Clearly written and easy to understand, The Little Book of Economics guides you through what you need to know.” Robert B. Reich, Professor of Public Policy, University of California, Berkeley; former U.S. Secretary of Labor 

Reviews

Reviews

Author

Author Bio: Greg Ip

Author Bio: Greg Ip

Greg Ip is an award-winning journalist and the Wall Street Journal’s Chief Economics Commentator. He’s spent two decades in financial and economic journalism, including eleven years at the Wall Street Journal and six years at the Economist. He appears frequently on television and radio, including National Public Radio, PBS, MSNBC, and CNBC. He lives in Bethesda, Maryland.

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Details

Details

Available Formats : Digital Download
Runtime: 5.75
Audience: Adult
Language: English