Description
Book SynopsisFew people can communicate how the economy actually works better than Kyla Scanlon. -Morgan Housel, author of The Psychology of Money
The stuff you really need to know about how the economy works? It''s pretty simple. Yes, even if you were bored to tears in economics class, or if you''re cross-eyed from reading painfully convoluted-or straight-up misguided-financial commentary. In this particularly disorienting era, Kyla Scanlon is the Tim Harford of the disaffected and disillusioned Gen Z looking for answers.
This is the definitive, approachable guide to the key concepts and mechanics of economics and the most common myths and fallacies to steer clear of. Through Kyla''s trademark blend of creative analogies, clever illustrations, refreshingly lucid language-and even quotes from poetry, literature, and philosophy-she answers questions such as:
- Is our national debt really a threat?
- What is a mild recession, exactly?
- What''s really happe
