With wit and verve, this book explains the logic, language, and worldview of economic theory and engagingly describes the organization and performance of the U.S. economy. Its combination of theory and description is essential for understanding debates about current affairs, penetrating the literature of economics, and reflecting on the usefulness and limits of economic analysis. A capstone chapter on the international economy puts Bretton Woods in contemporary context.
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Frederick S. Weaver is professor of economics and history at Hampshire College in Amherst, Massachusetts.
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