About this item

Economics is all around us, crucial to every aspect of our lives. But how many of us know what an absolute advantage or a zero-sum game really is?The Economist's A-Z guide to economics explains the most important economic terms and concepts. Written with the clarity and wit for which the newspaper is renowned, it features bite-sized overviews of essential economic ideas.If you need to understand why a country's balance of payments is such a big deal, whether deflation is always a bad thing or exactly why John Maynard Keynes or Milton Friedman were so influential, then dipping into this guide will provide the answers.Primer, glossary, dictionary and reference, this book offers everything you always wanted to know about economics but were afraid to ask.



About the Author

Matthew Bishop

MATTHEW BISHOP is the US Business Editor and New York Bureau Chief of The Economist, and the co-author, with Michael Green, of several acclaimed books, including "Philanthrocapitalism: How Giving Can Save the World" and "The Road From Ruin". His first e-book, again written with Mr Green, is "In Gold We Trust? The Future of Money in an Age of Uncertainty", which will be published by Amazon and The Economist in March 2012."The Road from Ruin" set out a bold agenda for improving capitalism following the crash of 2008 and subsequent economic downturn. It was described as "provocative and refreshing" by the New York Times. According to Professor Robert Shiller of Yale, "The Road from Ruin" will be "remembered as a serious, highly readable book of the broadest intellectual scope. Its insights will help all of us reshape the future and enable both citizen and policy maker alike to separate real reform from the grandstanding bluster so prevalent today.""Philanthrocapitalism: How Giving Can Save the World" described the new movement that brings together the business and social sectors to solve some of the world's most pressing problems. With lots of original interviews with the leaders of this movement, including Bill Gates, George Soros, Pierre Omidyar, Bono and Angelina Jolie, "Philanthrocapitalism" has been described as "terrific" by The New York Times columnist Nicholas Kristof and as "the definitive guide to a new generation of philanthropists who understand innovation and risk-taking, and who will play a crucial part in solving the biggest problems facing the world," by New York's Mayor and leading philanthropist Michael Bloomberg. According to former U.S President Bill Clinton, "This is an important book. Our interdependent world is too unequal, unstable, and, because of climate change, unsustainable. We have to transform it into one of shared responsibilities, shared opportunities, and a shared sense of community. Bishop and Green show us how to do it.""In Gold We Trust? The Future of Money in an Age of Uncertainty" is a lively look at the history and future of money, taking in the rise, fall and rise of gold, the crisis of the Euro, the seeming inability of America's politicians to tackle the country's ballooning deficit, the rising risk of inflation, the contrasting ideas about money of famous economists such as Keynes and Hayek, and the attempt by some of the world's leading innovators to invent the best ever technology of money using algorithms and sophisticated online games.Mr Bishop is also the author of "Essential Economics", the official Economist guide to economics. He has also written several of The Economist's special report supplements, including most recently The Great Mismatch, about the future of jobs; A Bigger World, which examines the opportunities and challenges of the



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