This book will leave the reader not just smarter – but
wiser. -- Professor Erik Angner, Stockholm University, author of How
Economics Can Save the World
We live in the economy – and we are part of it. Living through a pandemic,
governments had to work out how to put economies into a deep freeze without
destroying them. Avoiding climate catastrophe means changing economies so that
they don't bake the world.
In explaining how economic thinking is indispensable to tackling these huge
problems, this book is a sure-footed guide, spanning Aristotle's ideas about
restraining consumption, Adam Smith's thinking about the importance of moral
character for sustained economic development, and Esther Duflo's ongoing work
to help the world's poorest communities lift themselves out of poverty. It
shows how the greatest economic thinkers – Karl Marx, Maynard Keynes, and
Friedrich Hayek, among many others – have enabled us to see the world
differently, and how we can make it better.
It shows that economic thinking emerged, long before there were economists –
and that good economics is about much more than the economy, so everyone should
understand these vital ideas.
Entertaining and educational, you'll soon be rethinking what you know about
economics, especially when the book shows how women found a place in the
development of ideas even when discrimination denied them any formal role.
About the Author
Dr Robbie Mochrie is an economics teacher with
over 30 years of experience. Adept at equipping undergraduates with new skills,
but comfortable working with business and political leaders, he has written a
regular economics commentary for The National, while working
closely with churches and credit unions.