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January 31, 2007
Book Review
When I picked up Basic Economics: A Citizens Guide to the Economy, I thought it was going to be a bit higher level than it turned out. The subtitle should have read "A 5th graders Guide..." I am not sure if I was more disappointed that it wasn't up to my level of economic understanding or that the author thinks so little of the average citizen to assume it is applicable.
If you know little or nothing about economics, this is a great primer. If you already understand Keynesian theory, the gold standard, and neo-classical theory of economics... you could write this book without any research.
Posted by CDogg at January 31, 2007 10:37 AM