It is rare that an economist has the courage and aptitude to take real world, real-time issues and to lay out the advantages and disadvantages of their current policies. After getting her Ph. What in the world does the arcane science of economics have to do with the "real" world?
In this entertaining introduction to economics, Coyle shows how "the dismal science" can shed light on virtually anything -- sports, drugs, music, movies, and, yes, even sex. Everybody cares about how much tax the government takes, anybody in business wants to figure out how much demand they might have to meet for their services and what wages they'll have to pay, and any working person is concerned about how best to save for tuition fees and retirement pensions. Coyle has a rare talent for making esoteric theories come alive while staying true to the fundamentals of economic science. Coyle's book provides a readable and entertaining road map to the economic paradigm. This book is for everyone who thinks they should know about economics but has so far avoided it. While analytically sound and theoretically very deep, Ms. Economic thinking has profound relevance to contemporary politics, social trends, and public policy debates -- not just traditional macroeconomic concerns like GDP, inflation, or employment. In this broader sense, economics becomes a tool for understanding human nature -- a quest for enlightenment that rises above mere facts and figures to address the most vexing issues of our time. What in the world does the arcane science of economics have to do with the "real" world? It is rare that an economist has the courage and aptitude to take real world, real-time issues and to lay out the advantages and disadvantages of their current policies. Everything, according to Diane Coyle, a Harvard-trained economist and award-winning financial columnist. Without a firm grasp of economic fundamentals, Coyle argues, it's impossible to think clearly about trade and globalization, hunger and population growth, the environment and energy conservation, and a host of other urgent problems. She lives in London. She sees economics not as a body of knowledge, but as a way of thinking, and applies that thinking to such real-world issues as sex, sports, drugs, and music. A fun read, it will give both the novice and the technician a great deal of food for thought. Eschewing abstruse mathematics, Coyle explains how you can use simple economic principles to analyze the complex and often confusing issues in today's headlines. Furthermore, Coyle aims to take these potentially confusing and politically rife issues and cuts them down to size so that they are understandable and straightforward, thereby educating the reader in an entertaining and sophisticated manner. Try AbeBooks Description Author Diane Coyle explores a range of popular issues and uses economic analysis to show why many decisions come down to a question of money or politics. Ultimately, Coyle concludes, an understanding of economics is essential to an informed and active citizenry -- and, indeed, to democracy itself. Writing in a lively and engaging style, she illustrates the relevance of economics to real-world issues in a refreshing, thought-provoking manner. In her view, economists are consummate skeptics, constantly asking questions and seeking empirical evidence to support or refute theories. Visit our Gift Guides and find our recommendations on what to get friends and family during the holiday season. In short, she shows you how to think like an economist. It will make you read your newspaper with fresh eyes. Coyle shows how economics is truly a discipline and a social science that can help us make decisions about the most basic of issues, whether or not to build a train station, to invest tax money in new roads or schools or how to combat world hunger and illegal drugs.
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