A unique and critical guide to understanding economic argumentsin the media
Focuses on microeconomics, specifically on the idea thateconomic policies often have important indirect effects
Key ideas are applied repeatedly in numerous case studies drawnfrom newspapers and other media
Economic principles are presented in an accessible andnon-rigorous format using case studies
Incorporates the value judgments and political judgments thatunderlie economic policies

From the Back Cover:

Our media is filled with stories of economics and policymaking.This book helps you to keep your head above water in this sea ofinformation by empowering you to spot naive and spurious economicarguments. In short, this book will help you become a criticalconsumer of economic arguments. Accordingly, the book provides manyexamples of these arguments, and explains why they are wrong.

It is not, however, just an exercise in negation; it doespresent some economic theory, though not in a formal and rigorousway. Instead of stressing a well-explicated theory, it inculcatesan intuitive ‘feel’ for economics, which economicscourses often overlook due to their strong emphasis on thetechnical apparatus of economics. Even those who have taken someeconomics courses, therefore, will still find much to learn fromthis book.

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