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Let's Chat About Economics!: basic principles through everyday scenarios Paperback – September 26, 2014
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A Book That Successfully Teaches Kids About Economics: I was pleasantly surprised. The authors manage to accomplish what they promise to do in the subtitle: introduce kids to basic economic principles -- everything from supply and demand to opportunity cost and diminishing returns. And they do it through everyday scenarios that are colorfully illustrated with pictures and non-threatening graphs. The book has four easy-to-digest chapters based on Balconi s own experiences with her two children (an anecdote about a young girl who wants to swim with the dolphins was inspired by her daughter). It is aimed at elementary-age children, but the clear explanations are just as appropriate for older kids, not to mention plenty of adults. --Kiplinger, Janet Bodnar
How Kids Can Learn Economics with a Legend: Economist Arthur Laffer might be best known for the Laffer Curve, a representation of the relationship between tax rates and tax revenue, but what he really wants you to know about today is how to explain economics to your kids. Not complicated theories like his curve, but basic concepts about trade-offs, supply and demand and incentives. That s why, together with writer Michelle Balconi, he wrote the recently published children s book, Let s Chat About Economics! Balconi proposed the book idea to Laffer after hearing Laffer speak about economic incentives at the Detroit Economic Club in late 2012. I was listening and I just really wanted my kids to be there. I said to my husband, We have to talk about this tonight, Balconi recalls. She did just that and then reached out to Laffer with her idea. With the help of her children, Balconi wrote the stories in the book and then sent it to Laffer for review. She puts it all in simple, common-sense terms that even I can understand, Laffer jokes. --US News, Kimberly Palmer
From the Author
With love and gratitude to my husband and children - our chats lead to fun adventures! -mb --This text refers to the Hardcover edition.
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