This updated edition of the definitive introduction to economics addresses urgent topical issues, including the increasing inequality in the distribution of income, the impact of the "globalisation" of capitalism, and the far-reaching effects of the new technologies. Containing about 30 percent new material, this edition of ECONOMICS EXPLAINED offers readers not only an invaluable primer on economic theory, but a clear understanding of the causes and treatments of the problems confronting us today, as well as the possible risks and the potential rewards we face in the future. Previous Edition ISBN: 0671884220
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