Download Tweetonomics: Everything You Need to Know About Economics in 140 Characters or Less, by Nic Compton, Adam Fishwick, Katie Huston
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Economic news has been making major worldwide headlines in recent months, but those among us who live outside the esoteric world of high finance are too often mystified by bankers' and economists' jargon. Author Katie Huston has come to our rescue with Tweetonomics, an entertaining and informative book that explains each of the most important economic terms and ideas in 20 "tweets" or less. Limiting her explanations to 140-character "tweets," she resorts to clear, simple English that flies straight to the point. In nine chapters she explains how the economy works, the role of governments, the big economic ideas, and the thinkers like Adam Smith and John Maynard Keynes who created them. Here are short and sweet definitions of terms that include--
Free Market * Supply and Demand * GDP
Balance of Trade * Monetarism * Keynesianism
Marxism * Derivatives Market * Stock Options
Hedge Funds * Dow Jones * NASDAQ
Credit Default Swaps * Fannie Mae * Freddie Mac . . . and many more.
In these extraordinary economic times Tweetonomics is a book that belongs on everybody's must-read list. Brief, pithy, and to-the-point definitions are complemented with clever cartoon illustrations.
- Sales Rank: #3626163 in Books
- Brand: Brand: Barron's Educational Series
- Published on: 2010-10-01
- Original language: English
- Number of items: 1
- Dimensions: .40" h x 4.72" w x 7.36" l, .45 pounds
- Binding: Paperback
- 128 pages
- Used Book in Good Condition
Review
"I learned more about modern economic theory in this book than I did from an entire semester of macro-economics when I was in college."
Brad Wright, Portland Book Review
From the Inside Flap
(back cover)
Ever wondered what futures and derivatives are, or puzzled over the difference between fiscal policies and monetary policies? What is the balance of trade, and what are Â"sticky pricesÂ"? This entertaining, handy little guide reveals all, in refreshingly simple bite-size tweets.
Presents 140 money-spinning terms and intriguing ideas in no more than 20 tweets, each of 140 characters or less.
Profiles the most important economists of the past 150 years and the thinking behind the economic strategies of political parties and governments.
Includes an informative glossary of essential economic terms in an innovative format that is easy to read and assimilate.
(front flap)
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?
Tweetonomics pecks a hole in the jargon and explains the 140 most important economic terms and concepts in 20 Â"tweetsÂ" or less. The book is divided into nine chapters covering such issues as globalization, boom and bust, Â"GreenÂ" economics, and the everyday workings of national economies. It also gives an overview of the past 150 years and the people who shaped them.
(back flap)
Nic Compton has been a journalist for 16 years, contributing to a variety of publications. He completed an M.A. in Global Political Economy at Sussex University, U.K. in 2007Â-09 and is the author or co-author of nine books.
Adam Fishwick is currently a D. Phil. researcher at the University of Sussex, U.K., studying Latin American political economy. He works for the Centre for Global Political Economy and has a MasterÂ's degree in Global Political Economy.
Katie Huston holds a MasterÂ's degree in global political economy and a B.A. in journalism. She has worked as a consultant for the Economic Policy Research Institute of South Africa and written for publications that include The Boston Globe and The Cape Town Globalist.
About the Author
Katie Huston has written for a wide range of publications including the Boston Globe and the Cape Town Globalist, and has worked as a consultant for the Economic Policy Research Institute of South Africa.
Daniel Mackie has contributed cartoons to publications that include the Financial Times, the (London) Sunday Times, and The Economist.
Most helpful customer reviews
1 of 1 people found the following review helpful.
Name says it all--handy pocketguide!
By Rick O'Shea
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
1 of 1 people found the following review helpful.
Entertaining and very educational, highly recommended
By Midwest Book Review
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.
0 of 0 people found the following review helpful.
Contrarian primer.
By J. Wright
It may be a little dated, but if you want to entertain yourself in counter-culture or contrarian thinking, it's an OK diversion.
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