Economics Made Simple

Economics Made Simple

تأليف : Madsen Pirie

النوعية : الإقتصاد

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How do the banks work? Why do prices rise or fall? Is competition wasteful? Questions such as these arise whenever people seek to understand and discuss the economy. This book explains these and other questions through narrative and lucid explanation rooted in everyday experience and commonsense intuitions.

How do the banks work? Why do prices rise or fall? Is competition wasteful? Questions such as these arise whenever people seek to understand and discuss the economy. This book explains these and other questions through narrative and lucid explanation rooted in everyday experience and commonsense intuitions.

Madsen Pirie

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Born in Hull, Pirie is the son of Douglas Pirie and Eva Madsen. As a child, he attended the Humberstone Foundation School in Old Clee, Lincolnshire. He graduated with an MA (undergraduate) in History from the University of Edinburgh (1970), with a PhD in Philosophy from the University of St Andre...
Born in Hull, Pirie is the son of Douglas Pirie and Eva Madsen. As a child, he attended the Humberstone Foundation School in Old Clee, Lincolnshire. He graduated with an MA (undergraduate) in History from the University of Edinburgh (1970), with a PhD in Philosophy from the University of St Andrews (1974), and with an MPhil in Land Economy from Pembroke College, Cambridge (1997) Before co-founding the Adam Smith Institute, Pirie worked for the United States House of Representatives. He was a Distinguished Visiting Professor of Logic and Philosophy at the private Hillsdale College, Hillsdale, Michigan, USA. Pirie was one of three Britons living in the United States who founded the Adam Smith Institute.