The noted economist-diplomat traces the evolution of money and the institutions and techniques for its management and mismanagement from Lydian coinage to current inflation.
Easy-to-understand terms explain what led to the economic crisis and what's being done to pull the United States and other countries out. While there are no easy answers, readers will be able to develop informed opinions about the issues.
Discusses the inequitable economic development around the world, including economics in the ancient and medieval era, and moves toward modern industry with new technology and the growth in world economy.
Offers 900 entries arranged in alphabetical-order and focuses on countries, industries, economic growth and development, financial concepts, and biographies of well-known economists and labor leaders.