The Instant Economist

You Need to Know About How the Economy Works

By: Timothy Taylor

Narrated by: Don Hagen

The only economics book you will ever need.

Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor tackles all the key questions and hot topics of both microeconomics and macroeconomics, including:

• Why do budget deficits matter?
• What exactly does the Federal Reserve do?
• Does globalization take jobs away from American workers?
• Why is health insurance so costly?

The Instant Economist offers the knowledge and sophistication to understand the issues - so you can understand and discuss economics on a personal, national, and global level.

©2012 Timothy Taylor (P)2012 Gildan Media Corp

Timothy Taylor is the best

This was an excellent survey of the basics. Taylor establishes where economists agree, and highlights where they don't (mostly macroeconomics). He really knows how to explain economic thinking. He focuses on the intuitions at the heart of economics. Trade-offs are everywhere and we need to understand what these trade-offs are. He rids the listener of zero-sum thinking, as I think many people who don't understand economics succumb to. Any good citizen should be familiar with the basics of economics and this book is a superb deliverer of those basics. Graphs and complex mathematics are unnecessary for the most part. Taylor's Great Courses lectures on economics are also fantastic. I highly recommend them for anyone seeking to understand the world.

Economy so you can understand it.

I am no Economist but this book was a great introduction/refresher to the world of micro and macro economics. Uses good working examples to help understand the concepts. Good book if you're looking for one to just provide a overview of the complexity of the world economy.

A good narrative of foundation of economics

an easy to understand narrative of basics of economics, a good refresher for those who studied the topic in college and a good introduction to those who are new to the field

Great overview of Economics

Covers all the bases. Nothing too dense, just the fundamentals.

If you are seeking to fill in gaps in your knowledge and gain a broader economic perspective, look no further.

Performance was excellent and very pleasant on the ears.

The best economic basics book

If you want to understand the basics of economics this is the best starter audiobook yet.