Economics for Everyone

Economics for Everyone : A Short Guide to the Economics of Capitalism

3.97 (187 ratings by Goodreads)
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Economics is too important to be left to the economists. This book provides the information you need to understand how capitalism works (and how it doesn't).

Through clear bite-sized chapters interspersed with illuminating illustrations, this is an antidote to the abstract and ideological way that economics is normally taught and reported on in in media. Key concepts such as finance, competition and wages are explored, and their importance to everyday life is revealed. It answers questions such as 'Do workers need capitalists?', 'Why does capitalism harm the environment?', and 'What really happens on the stock market?'.

The book is supported with a comprehensive set of web-based course materials including videos for popular economics courses.
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Product details

  • Hardback | 432 pages
  • 150 x 230 x 21.59mm | 762.04g
  • London, United Kingdom
  • English
  • Revised
  • 2nd Revised edition
  • 0745335780
  • 9780745335780

Table of contents


Introduction: Why Study Economics?

Part One: Preliminaries

1. The Economy and Economics

2. Capitalism

3. Economic History

4. The Politics of Economics

Part Two: The Basics of Capitalism: Work, Tools, and Profit

5. Work, Production, and Value

6. Working with Tools

7. Companies, Owners, and Profit

8. Working for a Living

9. Reproduction (for Economists!)

10. Closing the Little Circle

Part Three: Capitalism as a System

11. Competition

12. Business Investment

13. Employment and Unemployment

14. Inequality and its Consequences

15. Divide and Conquer

16. Capitalism and the Environment

Part Four: The Complexity of Capitalism

17. Money and Banking

18. Inflation, Central Banks, and Monetary Policy

19. Paper Chase: Stock Markets, Financialisation,

and Pensions

20. The Conflicting Personalities of Government

21. Spending and Taxing

22. Globalisation

23. Development (and Otherwise)

24. Closing the Big Circle

25. The Ups and Downs of Capitalism

26. Meltdown and Aftermath

Part Five: Challenging Capitalism

27. Evaluating Capitalism

28. Improving Capitalism

29. Replacing Capitalism?

Conclusion: A Dozen Big Things to Remember

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Review quote

'Clear, compelling, lively and anger-provoking, all at once' -- Robert Pollin, Distinguished Professor of Economics and Co-Director of the Political Economy Research Institute (PERI), University of Massachusetts-Amherst, U.S.A. 'Quite simply the best critical introduction to economics you can find' -- Frank Stilwell, Professor Emeritus of Political Economy, University of Sydney, Australia 'Helps us understand what the newspapers never explain: how these economic crises are a product of the inequalities and incapacity for social foresight that is capitalism's everyday economics' -- Hilary Wainwright, editor of Red Pepper

'Jim Stanford explains what's worth trusting in economics and what's not in an accessible way. Read this book' -- Steve Keen, Professor and Head, School of Economics, Politics & History, Kingston University, London, U.K. 'Stanford is that rare breed: the teacher who changed your life. He has written a book - both pragmatic and idealistic - with the power to change the world' -- Naomi Klein, author of This Changes Everything: Capitalism vs. the Climate and No Logo.
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About Jim Stanford

Jim Stanford is Director of the Centre for Future Work, based at the Australia Institute and Honorary Professor of Political Economy at University of Sydney. He writes an economics column for the Globe and Mail, appears regularly on CBC TV's 'Bottom Line' economics panel and is the author of Economics for Everyone (Pluto, 2015).
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Rating details

187 ratings
3.97 out of 5 stars
5 28% (53)
4 46% (86)
3 21% (40)
2 4% (7)
1 1% (1)
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