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 Money Is 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reveals the hidden forces driving key economic outcomes, the most common myths to steer clear of, and the dusty, outdated assumptions that constrain our political imagination, offering a bold new path to building a prosperous society that works for everyone.
Previous to reading I understood already many of the economic principles covered in this book, so nothing new for those of us familiar. However, what makes this a brilliant entry point for others is the total lack of complex instrumentation to explain fundamental concepts. In two words: Accessible + Entertaining.
Been a long time coming for the public to have access to economic texts that are not dense thickets of equations and acronyms. Kyla is not only a treasure for the economic industry but for the entire world. We are lucky to have such a champion of educating the public on how the economy works and how to make it work for us.
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