Economics For Everyone: A Short Guide To The Economics Of Capitalism

Economics For Everyone: A Short Guide To The Economics Of Capitalism
by Jim Stanford / / / PDF


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Most people think economics is a technical, confusing, and even mysterious subject. It’s a fi eld best left to the experts: namely, the economists. But in reality, economics should be quite straightforward. After all, economics is simply about how we work. What we produce. And how we distribute and ultimately use what we’ve produced. Economics is about who does what, who gets what, and what they do with it. At that simplest, grass-roots level, we all know something about the economy. And so we should all have something to say about economics. Moreover, because we interact, cooperate, and clash with each other in the economy (even Robinson Crusoe didn’t work alone – he had Friday around to help), economics is a social subject. It’s not just technical, concrete forces like technology and productivity that matter. It’s also the interactions and relationships between people that make the economy go around.

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