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From Here to Economy: A Shortcut to Economic Literacy Hardcover – May 1, 1995

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Editorial Reviews

From Publishers Weekly

"You would probably do just as well choosing a stock by throwing a stockbroker at a dartboard as listening to his advice?and you would save money," opines Buchholz (New Ideas from Dead Economists) in this humorous version of Econ 101. Here he demystifies such terms as inflation, monetary policy, exchange rates and corporate financing and provides a concise history of economic thought from Adam Smith to contemporary supply-side economics. Formerly associate director of economic policy on President Bush's Economic Policy Council and now president of an international consulting firm, Buchholz argues against adopting a Canadian-style national health plan or forcing employers to provide medical coverage. Instead, he says, individuals should be required to obtain their own, to discourage frivolous expenditures. Fortune Book Club selection.
Copyright 1995 Reed Business Information, Inc.

From Library Journal

The news contains major stories about various aspects of the economy, from the stock market to inflation to GATT. For the nonspecialist, the economic concepts involved may be daunting. According to Buchholz, "most people have found economics to be like a bad steak: dry, tough, and tasteless." Buchholz, who has served as associate director of economic policy and deputy executive secretary of the White House Economic Policy Council, here aims to demystify economics. Using contemporary examples to explain key economic principles, he presents an uncomplicated and clear analysis. The book is divided into five parts: macroeconomics, microeconomics, international economics, business and individual investment, and history of economic thought. The appendix lists "Greatest Hits of Economics," including the five top economists; a helpful list of suggested readings is included. Recommended for public libraries as a complement to the author's previous New Ideas from Dead Economists: An Introduction to Modern Economic Thought (NAL, 1989).
Lucy Heckman, St. John's Univ. Lib., Jamaica, N. Y.
Copyright 1995 Reed Business Information, Inc.
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Product Details

  • Hardcover: 288 pages
  • Publisher: Dutton Adult; First Edition edition (May 1, 1995)
  • Language: English
  • ISBN-10: 0525939024
  • ISBN-13: 978-0525939023
  • Product Dimensions: 20 x 20 x 20 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (13 customer reviews)
  • Amazon Best Sellers Rank: #1,756,110 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

19 of 20 people found the following review helpful By Eric H on December 15, 1999
Format: Paperback
"From Here to Economy: A Shortcut to Economic Literacy" by Todd Buchholz, presents a broad overview of contemporary (as of 1995) economic theory. It explains in simple terms the basic principles of contemporary macroeconomics, microeconomics, international economics, investment, and the history of economic philosophy. The target audience for this book is a specific demographic - people who are interested in understanding how the economy works in all respects, but are only really interested in a surface-level understanding of the central issues. This book is not appropriate reading material for economists or students of economics who wish to gain real insight into the nitty-gritty reality of economic theory. If you want to learn about economics, but don't want to spend more than six hours doing so, this is a great book for you to read. The tone of the book is largely informal, frank, and occasionally somewhat humorous. This is not your typically dry economics textbook.
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13 of 14 people found the following review helpful By Zeldock on May 28, 2002
Format: Paperback Verified Purchase
*From Here to Economy* is a concise and entertaining (if you like the author's sense of humor) introduction to economics. Since the book is only about 250 pages long, the coverage of any given topic is not deep, but the author does touch on the key concepts and explain them at a level appropriate for the literate novice. The book divides the subject into 5 sections: macroeconomics, microeconomics, international trade and finance, personal finance and investing, and schools of economic thought. The section on personal finance and investing will, I think, be particularly useful to the average reader, since it ties the broader economic concepts discussed in the rest of the book into the economic questions that most of us face every day. This section is also the one that struck me as dated, in that it does not mention all the investment information (both good and bad) that is now readily available on the Internet. However, that's a minor flaw in an otherwise very useful work. Readers may also want to look at Sowell's *Basic Economics* -- Sowell gives a fuller discussion of microeconomics, but he's also much more tendentious than Buchholz, is not so good on international topics, and does not discuss personal finance or the history of economic theory.
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5 of 6 people found the following review helpful By Superunknown on April 11, 2000
Format: Paperback
Before reading this book, I had so many basic questions about economics. This book has given me a satisfying level of insight and intuition about economics in general. The style is extrememly digestable. Each section is only a couple of pages, and if I ever forget what "Monetary Policy" is, I just have to look it up and read those two pages. It seems to flow very well, and yet the sections can also be read independently. I highly recommend this book to anybody who is interested in developing a basic "feel" for economics.
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7 of 9 people found the following review helpful By Kindle Customer on November 20, 2000
Format: Paperback
I was asked to teach economics this year for the first time in several years. Thank goodness for this book, because without it I do not think I could teach the class. The great thing about this book is that it makes understanding economics easy and fun. Is this book for everyone. Of course not, I do not recommend economics for everyone. However, if you are in the postion where you must learn economics whether as a teacher, student, college student, or who ever this is the book to turn to. Anyone who needs to learn economics will be well off to purchase and read this book. I also highly recommend the authors other book Lessons from Dead Economists. Like this book, it is again highly usefull and extremely readable for the economically challenged. For those of us who need to know economics thank goodness for this book.
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42 of 60 people found the following review helpful By Wyote VINE VOICE on June 19, 2004
Format: Paperback
This book is an apology to the voters for Bush I's economic policies, including supply-side economics. It says something that not a single well-known economist wrote a blurb for this book's cover. After all, when Wheelan wrote "Naked Economics" he was able to get some. Krugman (himself a very well-respected economist) was able to. Why only this guy can't? Hmmmmmm.
It's because a bit of the information here isn't completely accurate, and he is always biased. He will not consider the role of government seriously, and of course tax-cuts and deregulation are the ultimate panacea. (Of course government has its fingers where they shouldn't be. But why not bother to consider where they should be and shouldn't be, like a real economist?)
On other matters, where there's no room for politics, he's accurate. Which only draws more attention to the difference when politics are involved.
Also, things are just poorly explained. He tries to explain how the Fed's interest rates affect economic growth, inflation and unemployment. But if I hadn't understood that already, there's no way I would have understood his presentation. That kind of thing occurs throughout the book.
Two other, less serious, criticisms. First, a lot of interesting stuff has happened in economics since this book was written. The Asian tigers crashed, currency crises in Mexico, Argentina, Brazil and Russia, the internet stocks and the bubble of the 90s crashing, China and India coming online, and the consequences of Bush II's economic policies. Not covering any of those events is no fault of the author's, but it just means the book is too old.
Second, the writing is not that great, and the humor is terrible. His idea of "humor" is, "Let's say Helen buys bananas.
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