Reasonably Simple Economics

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"The goal of Reasonably Simple Economics is, not surprisingly, simple: to help us think like economists. When we do, so much of the world that seemed mysterious or baffling becomes more clear and understandableimproving our lives and providing new tools to succeed in business and career. In a chatty style, economist Evan Osborne explains the economic foundations behind the things we read about or see in the news everyday: Why prices for goods andservices are what they are How government spending, regulation, and taxation can both hinder andhelp the economy Why and how some people get fabulously rich How entrepreneurs reorganize society beneficially Why markets sometimes failand when or if governments should intervene when they do How economics and statistics can explain such things as discrimination in hiring and providing services(and whydiscriminators are shooting themselves in the foot), why we're smarterthan we've ever been, and how technology makes the idea of Earth's carrying capacity meaningless Along the way, you will learn the basic concepts of economics that well-educated citizens in democratic countries should know, like scarcity, opportunity cost, supply and demand, all the different ways economies are "managed," and more"--Publisher description