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Customer Review

on 28 July 2012
The trick is how do you make economics simple enough to be interesting and yet insightful enough to be entertaining to those who have read about the subject?

Probably it is mission impossible but this book has a pretty good try. Laced with a bit of humour Mr Chang makes some very good points. Probably the book is aimed more at an American audience more than a British one. British people tend to more cynical about the supposed benefits of a traditional deregulated 'free market' model of society. This however has not stopped successive UK governments from Mrs Thatcher onwards moving closer to this model. I found it interesting to note that the UK economy pre Thatcher grew as quickly (when you take into account the 2008 crash) as the economy post Thatcher when she had started the process of declawing the unions. De regulation means that your economy can grow quickly but it also can spectacularly crash and the people who's wages have not risen get stuck with bailing the economy out.
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