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The author's approach to explaining economics differs from other authors in that he breaks down the subject into many aspects, explaining how each one affects the other. He is a firm believer in Keynes Economics, advocating for markets to work themselves out without government intervention. He provides insights into why individuals like Bill Gates are wealthy and how they continue to amass wealth. He also explains the workings of the Federal Reserve and its necessity. Unlike other authors, he does not use supply and demand, mathematical, or other graphs; instead, he uses clear, concise, and comprehensible language that anyone can understand.
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is broken down into many subjects that explain how each aspect of the economy affects the other. Wheelan is a firm believer in Keynes Economics—that the markets should work themselves out—and why he feels the government should not intervene. He informs the reader of why people such as Bill Gates are rich and how they continue to get richer. He clarifies how the Federal Reserve works and why it is needed. There are no supply and demand, mathematical, or other graphs inserted into this read; only clear, concise, and comprehensible language that anyone can understand.
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Economics can be intimidating to the person who is not well-versed in business and mathematics. This book caters to the “layman” by breaking down the...
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