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Book: The return of depression economics

This book is both enlightening and interesting. It explains a lot about economics in fairly understandable terms.

In one example, he explains how a babysitting co-op went into recession, and how it came out of it. He explains each of the crisis of Thailand, Brasil, Mexico, and Argentina. Many of these had IMF input that may have made things much worse than other courses of action. Though it is apparent that the problems are often complex, with multiple counteracting factors.

This book makes a great introduction to the topic of macro economics, and presents the subject in an understandable and captivating manor.

My rating: 8/10


official website
amazon page
Google Books page

If you don’t have time for the book, perhaps you’d watch a talk on YouTube about it.

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