People get non-stop bombarded with economical and political news: The European Central Bank has lowered the administered interest rates once again and is now buying government bonds amounting to 60 Billion Euro on a monthly base. The IMF is supporting Greece with additional loans. And so on and on. But a lot of people have the impression that things are not improving. And they feel that they are loosing the overview about what is actually happening. That’s why it is good to start again from scratch, when it comes to explaining economics. What are monetary measures, and how does a central bank operate? How are political measures influencing an economy? This book is written for everybody who wants to know more.
Economics, Politics and the EUro Crisis:
- lists the most important principles of economics,
- shows the political choices that can be made,
- tests, via widely accepted economic data, economic theories in the practice of everyday life,
- puts economic and political developments in an historical context,
- has an extra chapter, dedicated to Europe and the Euro crisis, the ultimate test case when it comes to economics and politics,
- doesn’t require prior knowledge,
- is written with a minimum of economic jargon,
- is with less than 150 pages fluently readable.
Economics, Politics and the EUro Crisis is written for everybody who wants to know:
- what money actually is,
- where inflation and deflation originate from,
- how the banking system is functioning,
- how central banks can exercise influence and how this works,
- why saving is so important for the lasting creation of wealth,
- why a free market is vital for a healthy economy,
- what happened the last 50 years when it comes to economics and politics,
- why the credit crisis could emerge and why it was perfectly predictable,
- why the Euro in the present form will and can not survive,
- in short, how prosperity develops and vanishes!