Economics has of late become a popular topic for discussion, thanks to a series of apocalyptic crashes and news flows dominating our daily lives from crude oil to subsidies to budget, TARP, warts and all.In this book, m Edmund Conway, economics editor of the Daily Telegraph, introduces and explains the central concepts of economics in a series of 50 accessible and engaging essays. The essays range from discussion on theories such as Adam Smith's "invisible hand" and the law of supply and demand, linkages between wealth and happiness and the shape of current thinking on economics. It takes some interesting topics and gives a crystalline glimpse on topics that influence every aspect of our lives from buying a house to what you ate for breakfast this morning - Which country will be the world's leading economy in 10 years' time? What exactly is a credit crunch? Irrespective of what you do for a living, this is one book that's sure to come handy when you are set among people conversing on the land prices, international airports, entertainment economy, or why subsidies won't go away.
