7 of 9 people found the following review helpful
A Wonderful Book!,
This review is from: SPIN-FREE ECONOMICS (Hardcover)
So, I hear people say things all the time like "The rich get richer, the poor keep getting poorer". Is it true? This book explains: No.
I've talked to people who are positively PANICKED that we will suddenly run out of oil, causing an immediate global recession. Is it likely? You can find out here (hint: no).
Is there more poverty now than 50 years ago in the U.S.? (No, far less). How about worldwide? (50 years ago over half the world was in poverty, it's now closer to 20%).
These are fascinating facts to anyone who is trying to sincerely sort through political jabber. The book provides facts and opinions along with the reigning principles behind the tidbits.
I loved this book because I'm not an economist, yet I hear claims about the economy all the time. I've never taken Econ 101. So I got some really insightful understanding from this book, allowing me to look at issues from a different point of view. It's written at a high level, summarizing issues, with very simple charts and concepts.
There may be other economists who quibble with some details of Dr. Behravesh's opinions, even in reviews online. But academics often disagree about details, while conceding that the bulk of what was said is correct. I have heard Dr. Behravesh speak about economics - he tours the world to consult for businesses who want to understand possible future economic trends. He is highly skilled in the ability to summarize and explain current economic trends and thinking.
Behravesh has been rated consistently in the very top few by various newspapers (USA Today and Wall Street Journal) for the accuracy of his predictions.
Definitely worth reading!