The Little Book of Economics sums up exactly what you get with this short but dense book. The concepts are structured as to give even the most ardent art major a more grounded view of economics in principles in general, monetary policy, and the macroeconomy. The ivory tower of economic theory can be daunting, but this book assimilates concepts and information on critically key events in the history of economic policy that Greg Ips is best positioned to share.
Having read the revised and updated version, I found the review of the financial crisis a savory taste of the enormous amount of research and thought that has gone into what cause the "Great Recession." I would recommend this book to anyone with no background in economics, someone looking to brush up on their monetary policy concepts prior to an interview, and those of us who remember the distant glimmer of that Money and Banking course from college, minus the audio.
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