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To understand economics is to understand the practical case for freedom. This book is a handy, quick reference guide for those already familiar with basic economics, and a brief, compelling primer for everyone else. Jim Cox introduces topics ranging from entrepreneurship, money, and inflation to the consequences of price controls (which are bad) to price gouging (which is good). Along the way, he defends the crucial role of advertising, speculators, and heroic insider traders. The book combines straightforward, common sense analysis with hard-core dedication to principle, using the fewest words possible to explain the topic clearly. And each brief chapter includes references to further reading so those who are curious to dig deeper will know where to look next.
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Jim Cox is an Associate Professor of Economics and Political Science at the Gwinnett Campus of Georgia Perimeter College in Lawrenceville, Georgia and has taught the principles of Economics courses since 1979. Great Ideas for Teaching Economics includes nine of his submissions. As a Fellow of the Institute for Humane Studies his commentaries were published in The Cleveland Plain Dealer, The Wichita Journal, The Orange County Register, The San Diego Business Journal, and The Justice Times as well as other newspapers. His articles have also been published in The Atlanta Journal and Constitution, The Margin Magazine, Creative Loafing, The LP News, The Gwinnett Daily Post, The Georgia Libertarian, The Gwinnett Daily News, and APC News. Cox is a former member of the Academic Board of Advisors for the Georgia Public Policy Foundation and President of the Georgia Association of Economics and Finance (2001-2002).
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