We hear a lot about economics in the news these days, but how much do we really understand? All too often experts assume their audience knows as much about the subject as they do. For instance, what is a balance of trade deficit? Why do interest rates affect the amount of cash in circulation? Who sets interest rates? What are Fordism and Keynesianism, and who do they benefit? What are sticky' prices and what makes them so darn sticky? Tweetonomics pecks a hole in the jargon and explains the most 140 important economic terms and concepts in 20 tweets' or less. The book is divided into nine chapters, covering such issues as globalisation, boom and bust, Green' economics, and the everyday working of national economies. It also gives an overview of the big economic ideas of the past 150 years and the people who shaped them. That's 140 money-spinning terms and ideas in no more than 20 tweets, each of 140 characters or less.
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About the Author
Nic Compton completed an MA in Global Political Economy in 2007-2009 and is the author of nine books including 30-Second Economics. Adam Fickwick works for the Centre for Global Political Economy and has a Masters degree in Global Political Economy. Katie Huston holds a Master's degree in global political economy and has a BA in journalism.
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Amazon.com:
4.7 out of 5 stars
3 reviews
1 of 1 people found the following review helpful
5.0 out of 5 stars
Name says it all--handy pocketguide!
2 Sep 2011
By Rick O'Shea
- Published on Amazon.com
Format:Paperback|Amazon Verified Purchase
I read half of it at a local bookstore and then decided to check Amazon and sure enough it was half the price at least. Perfect gift or read for folks who want to brush up on their econ jargon or for novices trying to understand what "sub-prime mortgages" are and why the financial meltdown occurred. Anyone who faults the book for being oversimplistic or rudimentary in terms of content really is missing the point--it is Twitter-style so 140 characters or less.
Who should buy this book:
-You are a student studying econ and finance and want a break from your 400-plus page textbooks
-You are about to go to a cocktail party where you'll want to have a working knowledge of econ principles
-You want to work at a boutique hedge fund/investment bank and want to talk about commodities and bonds
-You want to understand at least 50% of what Bernanke and the Fed are talking
-You really like colorful drawings and cartoons explaining economics--on each page!
-You have ADD/ADHD and need something quick and to the point
5/5
Who should buy this book:
-You are a student studying econ and finance and want a break from your 400-plus page textbooks
-You are about to go to a cocktail party where you'll want to have a working knowledge of econ principles
-You want to work at a boutique hedge fund/investment bank and want to talk about commodities and bonds
-You want to understand at least 50% of what Bernanke and the Fed are talking
-You really like colorful drawings and cartoons explaining economics--on each page!
-You have ADD/ADHD and need something quick and to the point
5/5
1 of 1 people found the following review helpful
4.0 out of 5 stars
Concise and Informative Introduction to Economics
24 Dec 2010
By Dr. Bojan Tunguz
- Published on Amazon.com
Format:Paperback
Twitter has been one of the unquestioned successes of the new wave of social media. What superficially seems like a very simple concept - writing microblogs made of 140 or fewer characters - became an online phenomenon and a preferred way of communicating, advertising, interacting, and gathering information for millions of people worldwide.
The extremely restrictive format of individual "tweets" forces the Twitter users to be extremely judicious in their choice of words and the way they phrase things. At its best, this leads to some very creative and to the point writing. This seems to have been the driving force behind "tweetonomics" - creating a book that will explain even the most obscure and convoluted economics in terms of short, informative sentences that are no longer than 140 characters each. The book covers almost all areas of economics, schools of economic thought, and famous and influential economists. The topics that are covered include: investment bank, short-selling, dependency theory, imperialism, socialism, comparative advantage, purchasing power parity, and many others. BY and large all 140-word sentences seem to naturally fit that length, but there are quite a few that feel a bit strained as well. Nonetheless, all the information in this book is relevant and informative. You may not exactly become an economics pundit after reading it, but you will certainly have a better grasp of some basic economic concepts.
The extremely restrictive format of individual "tweets" forces the Twitter users to be extremely judicious in their choice of words and the way they phrase things. At its best, this leads to some very creative and to the point writing. This seems to have been the driving force behind "tweetonomics" - creating a book that will explain even the most obscure and convoluted economics in terms of short, informative sentences that are no longer than 140 characters each. The book covers almost all areas of economics, schools of economic thought, and famous and influential economists. The topics that are covered include: investment bank, short-selling, dependency theory, imperialism, socialism, comparative advantage, purchasing power parity, and many others. BY and large all 140-word sentences seem to naturally fit that length, but there are quite a few that feel a bit strained as well. Nonetheless, all the information in this book is relevant and informative. You may not exactly become an economics pundit after reading it, but you will certainly have a better grasp of some basic economic concepts.
5.0 out of 5 stars
Entertaining and very educational, highly recommended
18 Jan 2011
By Midwest Book Review
- Published on Amazon.com
Format:Paperback
Twitter has been blamed for being an icon of the short attention span. It doesn't mean you can't learn anything in 140 characters or less. "Tweetonomics: Everything You Need to Know About Economics in 140 Characters or Less" is an economics history and lesson book presenting each of its thoughts and lessons by offering them in short bite sized chunks that can be easily digested and being far from long winded. "Tweetonomics" is entertaining and very educational, highly recommended.
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4.7 out of 5 stars
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