ECONOMICS FOR YOU AND ME by

ECONOMICS FOR YOU AND ME

By
Email this review

KIRKUS REVIEW

An applied, rather than theoretical, examination of our economy in terms of goods- rather than the abstraction- money, this brings humor as well as some practical parallels in everyday life to lessen reader resistance to a subject he doesn't usually understand. Who gets the money and where it goes (it's the women who spend it); growing and lagging industries; the main stream of our economy between 1929 and 1952, products, imports, inventory; how money makes money (or how banks work); inflation and current checks; government spending- and the government debt; the phase we now enter, which should see the shift from defense boom to a consumer boom; and the longer term prognosis. The authors, a professor in this field and a practising economist, have provided a both sensible and intelligible demonstration of the shifting trends in production and income, and have balanced the books for this phase of our history with a logical interpretation of the operative influences behind the statistics.

Pub Date: April 21st, 1953
Publisher: Macmillan