Easy Economics

The purpose of this book is to explain economics in the simplest way possible and to help anyone who reads it easily understand what people say, write, and discuss about the subject.“The first lesson of economics is scarcity:There is never enough of anything to satisfyall those who want it. The first lesson of politicsis to disregard the first lesson of economics.”THOMAS SOWELL“Finance is the art of passing money fromhand to hand until it finally disappears.”ROBERT W. SARNOFF“The crisis of today is the joke of tomorrow.”H. G. WELLS