What causes poverty? Why do tax rates vary so much between countries, and why? Is inflation inevitable? The Economics Book answers these and many other questions. It is your plain-speaking, visual guide to the production and distribution of wealth. Using a unique graphic approach, it explains the issues that affect us all, including taxation, recession, the housing market, the stock market, and sa...

What causes poverty? Why do tax rates vary so much between countries, and why? Is inflation inevitable? The Economics Book answers these and many other questions. It is your plain-speaking, visual guide to the production and distribution of wealth. Using a unique graphic approach, it explains the issues that affect us all, including taxation, recession, the housing market, the stock market, and savings rates. It highlights how economic ideas can shape our world, such as the need for nations to act collectively to solve issues, from migration to climate change. Using graphics and flow diagrams, The Economics Book demystifies and untangles complicated theories to make sense of abstract concepts. It also traces the history of economics from the ancient Greeks to today, presenting over 100 key ideas from the world's greatest economic thinkers, such as Thomas Malthus, John Maynard Keynes and Milton Friedman, showing you how theories develop as one economist influenced the next. Whether you are studying economics or you just want to know how the world really works, The Economics Book is both an accessible guide and an invaluable reference.