In This Economy? : How Money and Markets Really Work

THE NEW YORK TIMES BESTSELLER "Few people can communicate how the economy actually works better than Kyla Scanlon." -Morgan Housel, author of The Psychology of Money The stuff you really need to know about how the economy works? It's pretty simple. Yes, even if you were bored to tears in economics class, or if you're cross-eyed from reading painfully convoluted-or straight-up misguided-financial commentary. In this particularly disorienting era, Kyla Scanlon is the Tim Harford of the disaffected and disillusioned Gen Z looking for answers. This is the definitive, approachable guide to the key concepts and mechanics of economics and the most common myths and fallacies to steer clear of. Through Kyla's trademark blend of creative analogies, clever illustrations, refreshingly lucid language-and even quotes from poetry, literature, and philosophy-she answers questions such as: - Is our national debt really a threat? - What is a "mild" recession, exactly? - What's really happening in the employment market, and how do we improve it for workers? At a time when experts overcomplicate simple things loudly, choosing to generate smoke rather than clearing the air, In This Economy? shows that understanding the markets-and the systems they operate in-is easier than you think. Whether you're worried about your mortgage rate, job security, bank account balance, or the health of the broader economy, this concise and witty guide will give you the confidence to make smarter financial decisions-no matter what the headlines say.