From Here to Economy by Todd Buchholz

From Here to Economy by Todd Buchholz

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From Here to Economy by Todd Buchholz

What is the GDP, and what does it mean? Why does the stock market go down when interest rates go up? What causes a dreaded recession?

Economics impacts everyone's life, but most people take on faith what they read in the newspaper. Now, for anyone who doesn't know much about economics, noted economist Todd Buchholz explains it all simply and clearly. With refreshing wit and irreverence, Buchholz takes readers by the hand and reveals the basic rules behind everything from food prices to trade deficits. Instead of complicated graphs and charts he uses examples from contemporary life and popular culture to demonstrate the principles at work. By cutting through the arcane musings of academicians, the jargon of analysts and advisors, and the rhetoric of politicians, he gives us a precise and accessible understanding of economic ideas, actions, and consequences as they actually exist in the here and now.

Here are some of the heretofore unintelligible ideas he helps us to understand- what causes or combats inflation, and why it is so feared; what moves stocks and bonds up and down-and how to invest wisely and safely; whether it is good or bad to "protect" America from foreign goods-and what happens when we do and when we don't; what exactly Social Security is, and whether government spending is good or bad-and how dangerous the national debt is or isn't.

In today's confusing economic climate, it has never been more important for everyone from homemakers to small-business owners to individual investors and middle managers to understand the forces at work.

Todd G. Buchholz is an internationally renowned economist who consults for ABC News and some of the world's most prestigious investment funds. He has worked as a contributing editor for Worth magazine and as a director of economic strategy at the White House. Buchholz has advanced degrees from Cambridge University and Harvard Law School, and was honored by Harvard University's Department of Economics with the Allyn Young Teaching Award.

SKU Unavailable
ISBN 13 9780452274822
ISBN 10 0452274826
Title From Here to Economy
Author Todd Buchholz
Condition Unavailable
Binding Type Paperback
Publisher Penguin Random House Australia
Year published 1996-05-01
Number of pages 288
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.