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Synopsis
The prize winning author of "Beyond Our Means" explicates the complex world of the modern economy, discussing business cycles, links between the economy and the stock market, recessions, the problems with economic forecasts, and other topics
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From Publishers Weekly
In seeking to convey an understanding of today's economy, Wall Street Journal columnist Malabre ( Beyond Our Means ) recalls much of what has been said, written, theorized and argued over in economics for centuries"waves" of up-and-down business trends, rising and falling employment rates and living standards, currency expansion or debasement, the government spending factor with special effects caused by armament and war, and so on. The book explains how the reader can interpret data published in newspapers and publicly available government reports, etc., to spot trends in retail activity, interest rates, inflation and, to some extent, the stock and bond markets. Malabre covers the ground thoroughly enough, but even in this orderly study, some economic forces, based as they ultimately are on mercurial human nature, remain mysterious. Historically reliable economic indicators, notes the author, include numerical ebb and flow in the goat (yes, goat) population and the amount of "activity" seen through the windows of a certain slightly disreputable New York hotel, which, alas, he doesn't identify.
Copyright 1988 Reed Business Information, Inc.
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- PublisherIrwin Professional Pub
- Publication date1988
- ISBN 10 1556231172
- ISBN 13 9781556231179
- BindingHardcover
- Edition number1
- Number of pages174
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Understanding the New Economy
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Dow Jones-Irwin, Homewood, Illinois, U.S.A., 1989
ISBN 10: 1556231172
ISBN 13: 9781556231179
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Understanding the New Economy
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Understanding the New Economy
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ISBN 10: 1556231172
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UNDERSTANDING THE NEW ECONOMY
Published by
Dow Jones-Irwin, Homewood, IL, 1988
ISBN 10: 1556231172
ISBN 13: 9781556231179
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Hardcover. Condition: COLLECTIBLE - NEW. Dust Jacket Condition: New. First Edition, First Printing. BRAND NEW & COLLECTIBLE w/some un-cut pages. First Edition, First Printing. Primer on understanding US economics for the layman from Alfred L. Malbre, economic news editor for the Wall Street Journal. 10 chapters reviewing, at the onset of the 1990s, business cycles, relationship between the economy and the stock market, how to discern economic forcasts (particulary "headline-grabbers", and assessment on the US in a global economy. Seller Inventory # 016125
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