What exactly is a credit crunch? Why do footballers earn so
much more than the rest of us? Which country is likely to be the world’s
leading economy in ten years’ time? And how does economics affect each one of
us, every day?
In the seventh volume of the successful 50 Ideas series, Daily Telegraph economics editor Edmund
Conway introduces and explains the central ideas of economics in a series of fifty
clear and concise essays. Beginning with an exploration of the basic theories,
such as Adam Smith’s “invisible hand,” and concluding with the latest research
into the links between wealth and happiness, he sheds light on all the
essential topics needed to understand booms and busts, bulls and bears, and the
way the world really works. Download and start listening now!