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E-book
Author Osborne, Evan

Title Reasonably simple economics : why the world works the way it does / Evan Osborne
Published [Berkely, Calif.] : Apress ; New York : Distributed by Springer Science+Business New York, ©2013

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Description 1 online resource (1 volume) : illustrations
Contents Introduction : the value of economics in daily life -- Supply and demand, considered seperately : why red-eye flights are always full now and other puzzles explained -- Supply ad demand, considered together : why gasoline is $4 a gallon-or isn't -- The economics of information or knowledge : we all want to know what you know -- Public and private decision making : why sugar beet farmers get government subsidies but apple farmers don't -- Who makes how much, and why : why finance professors and female supermodels make more money -- The middleman and the entreprenuer : the economy's matchmakers and little revolutionaries -- Time and risk : some economies of now and later -- The entreprenuer and some economies of the futrue : our ever-bright days, and how they happen -- The things only government can do : the economics of "market failure" -- Macroeconomics : the big, often blurry picture -- Macroeconomics : stabilizing the economy, or not -- Macroeconomics : the short and the long runs
Summary The goal of Reasonably Simple Economics is, not surprisingly, simple: to help us think like economists. When we do, so much of the world that seemed mysterious or baffling becomes more clear and understandable-improving our lives and providing new tools to succeed in business and career. In a chatty style, economist Evan Osborne explains the economic foundations behind the things we read about or see in the news everyday: Why prices for goods andservices are what they are How government spending, regulation, and taxation can both hinder andhelp the economy Why and how some people get fabulously rich How entrepreneurs reorganize society beneficially Why markets sometimes failand when or if governments should intervene when they do How economics and statistics can explain such things as discrimination in hiring and providing services(and whydiscriminators are shooting themselves in the foot), why we're smarterthan we've ever been, and how technology makes the idea of Earth's'carrying capacity' meaningless Along the way, you will learn the basic concepts of economics that well-educated citizens in democratic countries should know, like scarcity, opportunity cost, supply and demand, all the different ways economies are "managed," and more. In the manner of The Armchair Economist, The Undercover Economist, or Naked Economics, Osborne uses current examples to illustrate the principles that underlie tragedies like the Greek economy or the global market meltdown of 2008, and triumphs like the continuing dominance of Silicon Valley in the tech world or why New York City markets are stuffed with goods despite the difficulty in getting them there. As Osborne points out, the future, in economic terms, has always been better than the past, and he shows you how to use that knowledge to improve your life both intellectually and materially
Bibliography Includes bibliographical references and index
Notes Print version record
In Springer eBooks
Subject Economics.
Macroeconomics.
Supply and demand.
Finance.
Markets.
Economic development.
Economic policy.
Free enterprise.
economics.
finance.
economic development.
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Economic development
Economic policy
Economics
Finance
Free enterprise
Macroeconomics
Markets
Supply and demand
Form Electronic book
ISBN 9781430259428
1430259426