books

Favourite economist and book

Favourite economist and book

Who is your ‘favourite’ economist, why? It may not be very original, but I would choose the man himself. John M. Keynes. Why? This is more interesting. Keynes was very practical. He saw a real crisis – the great depression, and he sought an effective solution. In looking for solutions he was willing to think outside the box and go beyond ‘classical’ orthodoxy. This showed an intellectual flexibility that many of his generation didn’t have. Keynes has been misrepresented in many ways….

End This Depression Now – Review

End This Depression Now – Review

Paul Krugman has been one of the clearest and strongest advocates of fiscal stimulus to end the recession which we have faced since the credit crisis of 2008. The basic premise of the book – ‘End This Depression Now!‘ is based on Keynesian analysis of a prolonged recession and liquidity trap. The basic argument is that there is a deficiency of aggregate demand in the US economy. This lack of demand has led to lower economic growth, higher unemployment and a growing cyclical deficit. But, we shouldn’t just shrug…

Essays on the Great Depression

Essays on the Great Depression

The current economic crisis is causing many to look long and hard at the Great Depression. The Great Depression was so devastating that it lead to unprecedented political change and widespread economic hardship. Interestingly, the Chairman of the Federal Reserve Ben S. Bernanke has previously studied the Great Depression in great detail. These are some essays on the Great Depression – hopefully, he is using his knowledge to steer the US economy away from a similar repetition. Essays on the Great Depression by Ben…

Rogue Economics and Other Links

Rogue Economics and Other Links

Rogue Economics at Amazon.com Rogue Economics at Amazon.co.uk I became interested in Rogue Economics by Loretta Napoleoni when researching an article on obesity. She covered the issue in just a couple of pages but it provided some key statistics and interesting ideas on the causes of obesity. Other Recent Essays The Real Economic Crisis – Food. How a global shortage of food and market failure in agriculture is threatening global food supplies and the health of upto 800 million people struggling to…

Economics Textbook – John Sloman

Economics Textbook – John Sloman

I have used many different economics textbooks, but my preferred textbook has always been Economic by J.Sloman The benefits of Sloman for A Level Economics are: Comprehensive coverage of material. Good for the student who wants a little more detail. Broken down into manageable sections. I think this is the most important criteria, unless the text is broken down into useful sections, I find students won’t read it. Key terms explained in glossary. Good use of Real Life examples to make Economics Relevant. This is important for an…

Economic Dictionaries

Economic Dictionaries

I often get asked about a good dictionary of economics and economic terms. These are some of the dictionaries that may come in useful for checking up on different Economic Concepts. Oxford Dictionary of Economics “A Dictionary of Economics” (Oxford Univ. Press) at Amazon.co.uk “A Dictionary of Economics (Oxford Univ. Press) at Amazon.com Covers over 2,500 economic terms, in fairly simple language. Broad ranging. (more…)