Tuesday, February 26, 2013

Global Economics Appetizer


Written for school children, so even I can understand while trying to think less about food; (incomplete sentence just for practice.)  With help from the Layton librarian, I finally found a thin book on (titled) Economics, published in 2009 by an old friend, World Book, Inc.  At the Library of Congress it’s cataloged as “Economic history – Juvenile literature.”  Of all the econ books I’ve read since 1971, I consider it the “little darling” I’ve been waiting decades for.  You can devour it in five minutes.
My only disappointment: the glossary is missing “economics”, defined by my Merriam-Webster as “a social science dealing with the production, distribution, and consumption of goods and services.”  As if to make amends, Economics defines globalization as “the trend toward increased economic, cultural, and social connectedness across international borders.” 
Like icing on a cake, the cover is a grand photo of a stock exchange in action (NYSE, it appears); you will recognize it next time you’re browsing the youth section at the library (like meat & potatoes at a buffet.)  Moving on to the adult econ area, as tempting as they may be, never mind Economic Literacy – What Everyone Needs to Know About Money & Markets ©1995 by Jacob DeRooy, and Secret Weapon ©2012 by Kevin Freeman (love the surname) about economic terrorism.  Get a taste of the little paperback: The 21st Century Economy – a Beginner’s Guide ©2009 by Randy Charles Epping; (the “beginner’s” part is what got my attention.)  Like a rich chicken pot pie at a favorite restaurant, it has “101 easy-to-understand tools for surviving and thriving in the new global marketplace.”  Not filling, and worth sampling; no $tip required.
For dessert, listen to the BBC news; for example, stock markets in the US and elsewhere fell sharply yesterday when Italy’s parliament was “hung” (no winner in the election = more uncertainty about the economic future of Europe.) 
Enough for now, to stimulate the appetite.  Until next time, “feed the pig” (add cash to savings for the next economic crisis.)