Ebook Free Download | How the Economy Works: Confidence, Crashes and Self-Fulfilling Prophecies | A fantastic, concise introduction to Economics! Covers classical economics, Keynesian economics, rational expectations, central banking, the persistence of unemployment, why the stock market matters to everyone, the possibility of another Great Depression, whether monetary and fiscal policy will work, and the authors' take on how the economic crisis might be solved. It's a really handy summary for people who don't know much about economics and are struggling through all the terminology and historical background to figure this current mess out.
The bottom line is that this last crisis has permanently destroyed jobs worldwide. Farmer believes that a new kind of rational worldwide regulation for stability is needed rather than the radicalized free market ideology that helped create this boom-and-bust situation. And for those who see problems with both a free market and a regulated economy, and wonder about an alternative to both, you might also want to check out Schumacher's Small Is Beautiful: Economics as if People Mattered
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