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<b>AARP Digital Editions offer you practical tips, proven solutions, and expert guidance.</b> <p>One positive side-effect of the recent financial market meltdown that toppled giant, century-old institutions and cost millions their jobs is that it created a strong desire among many Americans to better understand how the U.S. economy functions. In <i>The</i><i>Little Book of Economics</i>, Greg, Ip, one of the country's most recognized and respected economics journalists, walks readers through how the economy really works.</p> <p>Written for the inquisitive layman who doesn't want to plow through academic jargon and Greek letters or pore over charts and tables, <i>The Little Book of Economics</i> offers indispensible insight into how the American economy works – or, doesn't. With engaging and accessible prose, the book</p> <ul> <li>Provides a comprehensive understanding of each aspect of our economy from inflation and unemployment to international trade and finance</li> <li>Serves as an insider's guide to the people and institutions that control America's economy such as the Federal Reserve and the federal budget</li> <li>Explains the roots of America's current economic crisis and the risks the country faces in its aftermath, such as stratospheric government debt, while offering advice on overcoming these threats</li> <li>Walks readers through the basic concepts and terminology they need to understand economic news</li> <li>Punctures myths and political spin from both the left and the right with candid and often surprising insight</li> </ul> <p>A must read for anyone who wants a better grasp of the economy without taking a course in economics , <i>The Little Book of Economics</i>is a unique and engaging look at how the economy works in all its wonderful and treacherous ways.</p>