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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Economics examines how scarce resources with alternative uses are best allocated.
Chapter 3: Investing means making sacrifices today to build a far richer, more abundant tomorrow.
Chapter 4: Financial institutions tie individuals’ well-being directly to the overall fortunes of economies.
Chapter 5: Insurers transfer risk and reduce it.
Description
Basic Economics (2000) provides a broad yet comprehensive introduction to economic principles, without requiring a background in the subject. Avoiding complicated jargon, it explains core economic concepts in plain English, with the help of real-life examples.
Who Should Listen
- Those looking for an introduction to key economic topics
- Savers wondering what banks do with their money
- Anyone who’s asked themselves how dams and highways get built