Common Cents How the Economy Really Works--from the Global Market to the Supermarket

by Kimelman, Nancy J.

• ISBN13: 9781402752568
• ISBN10: 1402752563
• Format: Hardcover
• Copyright: 2008-09-02
• Publisher: Sterling

Summary

Ever feel adrift in a stormy sea of economic uncertainty? Common Cents explores the economics behind the issues that impact our lives today, from why we're paying so much at the pump to whether our jobs will be outsourced overseas. With her trademark mix of insight and humor, Dr. Nancy J. Kimelman supplies the "real-world economics" people need to know as they sit around their kitchen tables reading the paper and conducting the business of life. Book jacket.

Table of Contents

Preface: Why Play Dumb?	p. ix
Basic Skills	p. xiii
Supply and Demand: The Foundation of All Things Economic	p. 1
Time Is on Our Side: Money, Credit, and Wealth	p. 21
Bonds and Stocks and Interest, Oh My!	p. 37
Here Comes da Fed	p. 49
Order from Chaos: The U.S. Financial System and Its Institutions	p. 59
Rediscovering Markets: The Big Bang of Finance	p. 81
Doing Without: The Basics of Middle-Class Finance	p. 93
Trying to Defy Gravity, and Failing: The Basics of Government Finance	p. 117
Multiply by a Gazillion: Tracking the Course of the U.S. Economy	p. 129
Who's in Control Here?	p. 151
Explaining the Past, Predicting the Future, and Tackling the Hard Problems	p. 171
The Battle Over Oil	p. 173
Over, Under, and Through: The Economics of Immigration	p. 183
"Made in China"	p. 195
Where's My Job? Finding Cheaper Labor Overseas	p. 215
All Aboard: Resolving Our Health Care Troubles	p. 227
The More Things Change, the More Things Change	p. 247
Resources	p. 261
Acknowledgments	p. 265
Index	p. 267
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