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

ISBN: 9780470621660 | 0470621664
Edition: 1st
Format: Hardcover
Publisher: Wiley
Pub. Date: 9/7/2010

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SummaryTable of ContentsAuthor Biography
Praise for THE LITTLE BOOK OF ECONOMICS"Finally, an economics book that is neither dull nor inscrutable and that won't put you to sleep. Greg Ip gives us a lucid and entertaining understanding of 'the dismal science' and reveals how economic concepts and institutions affect our daily lives. This little gem can turn all of us into sophisticated and educated citizens." -Burton G. Malkiel, Professor of Economics, Princeton University; author of A Random Walk Down Wall Street and The Elements of Investing"Greg Ip is one of the world's best economic... MORE
... MORE
Forewordp. xiii
Introductionp. xix
The Secrets of Successp. 1
How People, Capital, and Ides Make Countries Rich
Economic Bungee Jumpingp. 21
Business Cycles, Recessions, and Depressions…Oh My!
In-Flight Monitorp. 33
Tracking and Forecasting the Business Cycle from Takeoff to Landing
Labor Pains 47
Employment, Unemployment, and Wages
Fire and Ice 65
Warning: Inflation and Deflation Are Toxic to Your Economic Health
Drop the Puck 85
The Globalization Game Is Here Whether We're Ready or Not
All the World's an ATMp. 103
Knitting Global Markets Together
All the President's Men
They Don't Control the Economy But They Sure Do Try
The Buck Starts Here
The Federal Reserve's Amazing Power to Print and Destroy Money
White Smoke over the Washington Mall
The Making of Monetary Policy and the Fine Art of Fed Watching
When the World Needs a Firemanp. 163
America's Lender of Last Resort and the World's Crisis Manager
The Elephant in the Economyp. 175
What the Government Giveth and Taketh Away
Good Debt, Bad Debt
How Government Borrowing Can Save or Destroy an Economy
Love-Hate Relationshipp. 211
The Bipolar Financial System-Essential for Economic Growth But Sometimes It Goes Nuts
A Species of Neuralgiap. 227
The Multiple, Recurring Causes of Financial Crises
Acknowledgmentsp. 239
About the Authorp. 241
Indexp. 243
Table of Contents provided by Ingram. All Rights Reserved.
Greg Ip is the U.S. Economics Editor for the Economist magazine, based in Washington, D.C. His career spans two decades of financial and economic journalism, including eleven years at the Wall Street Journal in New York and Washington. Before that, he wrote for the Financial Post and the Globe and Mail in Canada. He appears frequently on television and radio, including National Public Radio., PBS, CNN, CNBC, and MSNBC. He has won or shared in several prizes for reporting, and was part of the Wall Street Journal team that received the Pulitzer Prize in 2003 for breaking news reporting. Greg graduated from Carleton University in Ottawa, Canada, with a degree in economics and journalism. He lives in Bethesda, Maryland.

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