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In This Economy?: How Money & Markets Really Work
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- NEW YORK TIMES BESTSELLER • The book Jon Stewart (The Daily Show) hailed as “essential reading” for anyone who wants to “make informed decisions” and “have a basic understanding of the economy”: an illustrated guide to economics from one of the internet’s favorite financial educators.“Few people can communicate how the economy actually works better than Kyla Scanlon.”—Morgan Housel, author of The Psychology of MoneyIs our national debt really a threat? What is a “mild” recession, exactly? If you’re worried about your bank account balance, job security, or mortgage rate, what data should you be keeping tabs on? For anyone trying to make sense of disorienting headlines, there’s no better interpreter than Kyla Scanlon. Through her trademark blend of witty illustrations, creative analogies, and insights from behavioral economics, literature, and philosophy, Scanlon breaks down everything you need to know about how money and markets really work. This indispensable handbook reveals the hidden forces driving key economic outcomes, the most common myths to steer clear of, and the dusty, outdated assumptions that constrain our political imagination, offering a bold new path to building a prosperous society that works for everyone.
| Publisher | Crown Currency |
| Publication date | May 28, 2024 |
| Language | English |
| File size | 36.4 MB |
| Screen Reader | Supported |
| Enhanced typesetting | Enabled |
| X-Ray | Enabled |
| Word Wise | Enabled |
| Print length | 298 pages |
| ISBN-13 | 978-0593727881 |
| Page Flip | Enabled |
| Item Weight | 1 lbs (450 grams) |
Who Should Buy?
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Finance Students
Ideal for students seeking a practical understanding of financial systems and their impact on the economy.
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Investors
Useful for individual investors looking to enhance their knowledge of market dynamics and investment strategies.
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General Readers
Great for anyone interested in demystifying economic principles and gaining insights into how money functions in society.
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Advanced Economists
May not provide new insights for professionals with extensive knowledge of economic theories and market analysis.
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Money & Monetary Policy Editorial Review
In This Economy?: How Money & Markets Really Work is an insightful exploration by Kyla Scanlon, offering a Gen-Z perspective on complex economic concepts. Scanlon breaks the book into five parts, covering essentials such as how money works, how it's measured, and how it moves through the economy. She emphasizes the importance of understanding our economy, highlighting inadequacies in traditional metrics like the consumer Price Index (CPI). The author effectively illustrates her points with relatable metaphors and discussions on pressing issues like labor market changes and financial inequalities. Readers appreciate her ability to distill sophisticated ideas into easily digestible explanations, making economics accessible to all.
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Pros
- Offers a Gen-Z perspective on economics
- Breaks down complex topics into easy-to-understand terms
- Includes relatable metaphors for financial concepts
- Covers a broad range of economic subjects comprehensively
- Encourages critical thinking about conventional metrics
Cons
- Some concepts may require prior knowledge of economics
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