'A well-written treat' Professor David Spiegelhalter, author of The Art of Statistics 'An enjoyable introduction' The Times 'Entertaining and essential' Laura Whateley, author of Money: A User's Guide __ Why are all my clothes made in Asia? How come I'm so much richer than my great-great-grandma? And what even is money? Whether you're buying lunch, looking for a job, or applying for a mortgage, the thing we call 'the economy' is going to set the terms. A pity, then, that many of us have no idea how the economy actually works. That's where this book comes in. The Bank of England is Britain's most important financial institution, responsible for printing money, regulating banks and keeping the economy running smoothly. Now, the Bank's team take you inside their hallowed halls to explain what economics can - and can't - teach us about the world. Along the way, they offer intriguing examples of econ in action: in financial crises and Freddo prices, growth stages and workers' wages. Accessible, authoritative and surprisingly witty, this is a crash course in economics and why it matters. __ 'If you feel you should understand how economists think but have no idea where to start, this book is the answer . . . Buy this book for the inquiring person, young, old or in between.' Martin Wolf, Financial Times The Sunday Times Business Bestseller

What is economics? How can it help explain the world? And why should we care? Our world is shaped by economics. Whether you're buying a loaf of bread, looking for a job, or applying for a mortgage, the thing we call 'the economy' is going to set the terms. A shame, then, that most of us have no idea what the economy actually is. That's where this book comes in. The Bank of England is Britain's most venerable financial institution, responsible for printing money, setting the rate of interest and regulating the economy. Now, the team at the Bank take you inside their hallowed halls to outline precisely what economics can - and can't - tell us about the world. Organised around the ten key questions any budding economist should be able to answer, this primer takes you from the basics - what economics actually is, and the laws of supply and demand - before moving onto how economics defines all of our lives: through growth and inflation, trade and recessions, taxes and spending. Along the way, it offers vivid examples of econ in action: not only in the City of London, but also in office canteens, on factory floors, even on Love Island . . . Witty, absorbing and eminently accessible, this book is your one-stop guide to the economic universe we all inhabit.

Should I fix or float? Is now a good time to buy — or sell? What do self-made billionaires know that you and I don’t? Why does cheese cost so much? Veteran financial journalist Liam Dann has fielded as many money-related questions as he has enjoyed beers around the BBQ — and often at the same time. In this book, he sets out to answer them all, sharing his decades of insight with stories and quotes from prominent politicians, financial experts and business moguls and loads of helpful graphs and illustrations in a super-informative, entertaining introduction to money, how it works, what we should do with it, and why it matters. Includes: — What even is money? — Economic theory — Who’s left, who’s right, who’s wrong?: Money and politics — Bitcoin, NFTs and the future of money — Inflation and deflation — AI and the future of work — Migration — How to read an economic forecast — Good times, bad times: Growth, recessions and depressions — Work smarter: NZ’s productivity problem — Earthquakes, pandemics and market crashes — Investing — Safe as houses: The Kiwi obsession with property — Bank profits — The Great Depression — Boomer Times — Muldoon’s shadow — GDP or not GDP — Taxing questions — Understanding risk — And so much more . . . “Liam has managed to do the almost impossible — make the world of economics accessible, interesting and, dare I say it, even fun.” — Grant Robertson, Former Deputy Prime Minister and Finance Minister ‘Who knew The Lorax, Biggie Smalls and Jim Bolger’s surf team could help explain economics? Dann nails why money matters. This is how to talk finance at the BBQ and still be invited back.” — Guyon Espiner, Investigative journalist “Liam's a master at telling you what you didn't know you needed to know, while still making you laugh. If you want a shortcut to impressing your friends at the weekend, this is the book to help you do it.” — Frances Cook, Personal finance journalist and educator “A guidebook to sounding smart next time someone asks about the economy. Dann easily translates complex jargon into simple, Kiwi examples.” — Brad Olsen, Chief Executive and Principal Economist, Infometrics “A surprisingly fun and easy read - filled with characters, humour and Liam's personal stories - that gives us the how, why and who of money in New Zealand.” — Mary Holm, Personal finance writer and seminar presenter “Liam has a remarkable way of making the complicated, uncomplicated. His insightful, considered, and plain-English explanation of economics is a must-read for anyone wanting to know just what makes our economy tick.” — Sir John Key, former Prime Minister of New Zealand

From ancient barter systems through the Industrial Revolution and the emergence of modern globalization, the field of economics is central to the way we organize and live our lives. This informative volume is a comprehensive and accessible introduction to this vital subject for readers. It looks at questions concerning such fundamental concepts as goods and services and supply and demand. The thoughtful text investigates how economics can be used to improve humanity’s living standards and ultimately make the world a better place for all.

Inflation: What It Is, Why It’s Bad, and How to Fix It explains what’s behind the worst inflationary storm in more than forty years—one that is dominating the headlines and shaking Americans by their pocketbooks. The cost-of-living explosion since the COVID pandemic has raised alarms about a possible return of a 1970’s-style “Great Inflation.” Some observers even fear a descent into the kind of Weimar-style hyperinflation that has torn apart so many nations. Is this true? If so, what should be done? How should we prepare for the future? Inflation answers these and other questions in an engaging discussion that draws on the singular expertise of Steve Forbes, chairman of Forbes Media, acclaimed for his insights on money and the economy; Nathan Lewis, internationally renowned expert on money and taxation; and author and journalist Elizabeth Ames. The authors say that today’s problems can be solved by discarding longstanding beliefs that helped bring on the current crisis. They include the notion that central banks can create prosperity through artificially creating money “out of thin air,” and also that economic “stability” requires “a little inflation.” Such ideas for decades have been Holy Writ in official Washington. Inflation shows why they are misguided. The book also explains why the current rage for heedless money-printing advocated by left-wing advocates of so-called Modern Monetary Theory is likely to lead the nation—and the world—down the road to disaster. Packed with examples from the headlines and from history, Inflation is a unique, real-world exploration of the subject that addresses everyday concerns of Americans under siege by rising prices, including steps you should take to protect your wealth. Inflation is essential reading for everyone seeking to navigate these tumultuous times.

In a dialogue between father and son, The Economy Explained to My Son addresses the central themes of modern economics with clarity and simplicity, making even the most complex concepts accessible. Valentino, an inquisitive and observant boy, poses a series of questions to his father, Fabrizio, who guides him through an educational journey that covers such fundamental topics as inflation, money, credit, international trade, globalization, labor, unemployment, and the birth of the euro. On page after page, Fabrizio answers Valentino's questions, using practical examples and a didactic but light tone to make the economic dynamics that affect every person's daily life understandable. Each chapter focuses on a specific topic, explaining not only the basic concepts, but also the deeper implications and challenges they pose, both individually and collectively. Through this exploration, the book not only explains how the economy works, but also invites readers to reflect on the role each of us can play in shaping the economic and social future. The euro, a symbol of European unity and cooperation, is analyzed in both its successes and critical issues, highlighting the complexity of common economic policies and the challenges Europe faces in maintaining this union. Economics Explained to My Child is a book that aims to educate and inspire, making it clear that economics is not a distant and abstract science, but an integral part of everyday life. With a narrative and dialogical approach, the book is aimed not only at young readers, but at anyone who wishes to better understand the economic dynamics that govern the modern world. By the end of the journey, Valentine will not only have acquired a solid foundation of economic knowledge, but will also be more aware of the importance of being an informed and responsible citizen. This book is an invitation to everyone to explore the economy with curiosity and open-mindedness, to actively participate in building a more just and prosperous future, and to recognize that behind every figure and graph are the lives, hopes and dreams of millions of people.

Why do people fight? What?s the use of education? Is India rich or poor? Why are stories important? Can anyone be a leader? Is science only about exams? Will planting trees save the earth? Growing up throws up a lot of questions ? about people, events and the world around us. Sometimes the answers are in simple black and white, wrong and right, but mostly they are not. In this book, ten truth-explorers and idea-shapers share with you their thought-provoking views on important topics close to your heart and mind. Drawing on their experiences, they help you see many different sides of a question and arrive at the most important truth ? your own conclusion, your own interpretation, your own answer. Subroto Bagchi on Leadership Shaheen Mistri on Education Vivek Menon on Nature Meeta Kumar on the Economy Manjula Padmanabhan on Gender Bias Omair Ahmad on Conflict Bibek Debroy on God and Religion Roopa Pai on Stories Hartosh Singh Bal on Science and Maths Kapil Dev on Sports