|Pages/Publication Date:||368 / 2019|
Since the days of Adam Smith, economists have grappled with a series of familiar problems, but often their ideas are hard to digest, even before we try to apply them to today's issues. Putting it in layman's terms, Linda Yueh explains the key thoughts of history's greatest economists, and explains how they can be used to understand the policy challenges that we face today. Along the way, she answers such questions as: what do the ideas of Karl Marx tell us about the likely future for the Chinese economy? How do the ideas of John Maynard Keynes, who argued for government spending to create full employment, help us think about state intervention? And with globalization in trouble, what can we learn about handling Brexit and Trumpism?