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Product Description
Gordon Brown, Chancellor of the Exchequer
Jeff Randal, BBC Business Editor
This is a book about economics. Read the first page
Concordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews
44 of 44 people found the following review helpful:
5.0 out of 5 stars
Easily Digestable and Full of Flavour,
By tdsfox (London) - See all my reviews
This review is from: Free Lunch: Easily Digestible Economics (Paperback)
This highly informative and interesting book is presented in an original and 'easily digestible' format, suitable for all readers. Smith manages to cover most, if not all, of the economic issues concerning us today, in a concise 282 pages. I was particularly impressed with the references to economic history and the incorporation of so many of the 'big names' in economics - both new and old. For those new to economics, perhaps one of the most refreshing features about the book is that it contains no diagrams and just two simple equations - which is very unusual for a contemporary book on economics. As an undergraduate studying economics, I cannot help think that a diagram in one or two places would have clarified the explanation - however, this may have over-complicated things for the general audience, and I think Smith was right to leave the book diagram free. Even as a student, who supposedly should know a fair bit about economics, I found the book highly informative, clarifying issues that I am studying at the moment and touching on new topics that I have not yet encountered. To my surprise the book focused on various aspects of current economic theory in a clear and concise manner that will no doubt help me in my studies. 'Free Lunch' contains a wealth of general economic knowledge presented in a highly accessible and often witty writing style. I would therefore recommend this book as an excellent introduction to economics.
20 of 20 people found the following review helpful:
4.0 out of 5 stars
a great introduction to a confusing subject,
By
This review is from: Free Lunch: Easily Digestible Economics (Paperback)
Economics is one of those things I've always thought I ought to know more about, but all previous attempts to educate myself have ended in either confusion or terminal boredom. Well done then, to David Smith and his Free Lunch, for rendering the subject both understandable and engaging. Smith introduces all the basic ideas and the big names in this whistlestop tour of economic theory. By the end you'll be familiar with Adam Smith, Karl Marx and John Maynard Keynes, you'll be able to wax intelligent over the dinner table about interest rates, and you'll have heard some interesting anecdotes along the way.
I personally found it very useful in drawing out all the connections between consumer spending, tax, interest rates, and how they all impact each other in the mysterious machine known as 'the economy'. Those wanting deeper analysis will want to look elsewhere, but if you're only going to read one book on economics in your life (and let's face it, for most of us one is plenty), this is what you require.
25 of 26 people found the following review helpful:
5.0 out of 5 stars
Excellent and Digestible Introduction to Economics,
By Julia Whitfield (London United Kingdom) - See all my reviews
This review is from: Free Lunch: Easily Digestible Economics (Paperback)
David Smith, Economic Editor of The Sunday Times, has presented an excellent and digestible introduction to economics in his new book, Free Lunch, Easy digestible Economics. Smith provides a good general overview of key economic concepts, an examination of current economic issues and an introduction to key economic thought of the last two hundred years. Smith includes topics such as whether Britain should change to the Euro currency, why some countries are designed to remain in poverty, and how British monetary policy has evolved over the last twenty-five years. Best of all, Smith uses only one simple equation and does not offer a single complicated mathematical example. The book is set out as a meal plan with appetizers, a main course, desserts, coffee and guest speakers. Guest speakers include many well-known economists such as Carl Marx, Adam Smith, and Maynard Keynes, but the contributions of some less famous economists such as Ricardo are also examined. Smith also provides further details of economic web sites worth visiting and a book list for the interested reader wishing to learn more about economics. All in all, the book is a fantastic introduction to economics, giving the necessary information to understand the way in which our countries are run and our personal finances are controlled.
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