Saturday, 7 January 2012

"50 Economics Ideas you really need to know" by Edmund Conway

This book is a mixture of ideas. Some are utterly counter-intuitve and therefore thet convey real insight such as 'Comparative Advantage' (a country can gain by specialising in a service and trading  even if the service it specialises in is not its best) and 'Supply Side Economics' (cutting tax can raise revenue). Others are more obvious. But I guess that is the nature of the subject.

An excellent introduction and overview to the ideas of Economic packaged in a way that can be browsed or used for reference.

January 2012; 203 pages

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