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Economics Explained   by Lester Thurow and Robert J. Heilbronner

Economics Explained
Everything You Need to Know about How the Economy Works and Where It’s Going

By Lester Thurow and Robert J. Heilbronner
Publisher: Touchstone
Trade Paper
ISBN: 0684846411
Retail Price: $14.00
Our Net Price: $9.10

Publisher Sysnopsis: In its fourth edition, Economics Explained continues its announced purpose -- to explain that mysterious thing called economics. But there is a new urgency to the book. It is announced in the first sentence of the introduction: "Just in case the reader-to-be hasn't noticed, disturbing things are going on in the American economy these days."

This new edition is about these disturbing things: a trend toward inequality of incomes, the appearance of a new "globalized" capitalism, the "specter" of inflation.  As before,

TABLE OF CONTENTS

Introduction
I The Economic Background
One Capitalism: Where Do We Come From?
Two Three Great Economists
Three A Bird's-Eye View of the Economy
Four The Trend of Things
II Macroeconomics -- The Analysis of Prosperity and Recession
Five The GDP
Six Saving and Investing
Seven Passive Consumption, Active Investment
Eight The Economics of the Public Sector
Nine The Debate About Government
Ten What Money Is
Eleven How Money Works
III Microeconomics -- The Anatomy of the Market System
Twelve How Markets Work
Thirteen Where Markets Fail
Fourteen The Two Worlds of Business
IV Problems
Fifteen The Specter of Inflation
Sixteen The Inequality Problem
Seventeen Globalization
Eighteen National Policy in a Globalized World
Nineteen The Unfinished Revolution
Index


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