Books in Real World Economics series

This series is designed to introduce readers to some of the most fundamental and important economic concepts, processes, and institutions in a readily accessible, engaging, yet truly edifying way. Given the economic crisis of the late 2s, this series and its subjects could not be of more urgent relevance. This set deals with why banks fail, how credit crises occur, and how taxation, stimulus plans, deflation, and the stock market all work. School-age children are being raised in an era of extreme economic anxiety and uncertainty, and they need this series to help them make sense of what they are hearing, be reassured with calming perspective, and be armed with solid knowledge and understanding. Rarely has a series been so needed and come at just the right time for students in great need of clarity and comprehension.

This series examines and explicates some of the most fundamental and relevant economic phenomena in terms easily comprehensible to struggling high school readers. Dispelling any sense of theoretical mystery or intimidating conceptual abstraction, these books instead clearly demonstrate that economic processes are easily comprehensible chains of cause-and-effect, something that can be conceptualized with the clarity, linearity, and relative simplicity of a flow chart. Each book offers a nuts-and-bolts narrative diagram of exactly how these economic phenomena (such as depression, recession, inflation, and globalization) workwhat the causes are, what the effects are, what mechanisms trigger the causes, how the process can be halted, reversed, or mitigated, and what follows or replaces it. Narrative examinations of actual historical examples help readers draw point-by-point connections between abstract principles and real-world events.