Friday, August 25, 2017

A Little History of Economics

A Little History of Economics by Niall Kishtainy        Audio Book:  9 hours, 52 minutes   Hardback Book:  256 pages            

My Economics teacher would be so proud of me for reading up on the subject, I have to confess though, this is no lofty tome, this is enjoyable learning presented in story form.    While everything in the book is historical/economics fact Niall Kishtainy presents the subject in such an enjoyable way that you learn so much more because you literally want to know what comes next.    He would make an excellent teacher because like my economics professor/mentor he makes hard stuff understandable.   He begins at the beginning when humans learned if one person has something and another wants it they could barter, or trade or work out some amenicable transaction to the satisfaction of each party.   Kishtainy goes from there all the way through history to current times discussing so many things along the way, Adam Smith’s “Invisible Hand,” theory,  the stock market crashes, the Great Depression, Black Monday, inflation, recessions, how global warming is effecting global economies, etc. but he covers all that like your best buddy sharing his thoughts with you.    Well done!  I highly recommend this book for anyone considering or currently taking economics classes to give you a foot up and for anyone who has an interest economics.  

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