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　　A guide for newcomers to the world of economics introduces

such basics as trade deficits, recessions, and bull markets,

offering a humorous approach to understanding everyday concepts.

20,000 first printing. Tour. Fortune Bk Club. --This text refers to

an out of print or unavailable edition of this title.

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　　From Publishers Weekly

　　"You would probably do just as well choosing a stock by throwing

a stockbroker at a dartboard as listening to his advice?and you

would save money," opines Buchholz (New Ideas from Dead Economists)

in this humorous version of Econ 101. Here he demystifies such

terms as inflation, monetary policy, exchange rates and corporate

financing and provides a concise history of economic thought from

Adam Smith to contemporary supply-side economics. Formerly

associate director of economic policy on President Bush's Economic

Policy Council and now president of an international consulting

firm, Buchholz argues against adopting a Canadian-style national

health plan or forcing employers to provide medical coverage.

Instead, he says, individuals should be required to obtain their

own, to discourage frivolous expenditures. Fortune Book Club

selection.

Copyright 1995 Reed Business Information, Inc. --This text refers

to an out of print or unavailable edition of this title.

　　From Library Journal

　　The news contains major stories about various aspects of the

economy, from the stock market to inflation to GATT. For the

nonspecialist, the economic concepts involved may be daunting.

According to Buchholz, "most people have found economics to be like

a bad steak: dry, tough, and tasteless." Buchholz, who has served

as associate director of economic policy and deputy executive

secretary of the White House Economic Policy Council, here aims to

demystify economics. Using contemporary examples to explain key

economic principles, he presents an uncomplicated and clear

analysis. The book is divided into five parts: macroeconomics,

microeconomics, international economics, business and individual

investment, and history of economic thought. The appendix lists

"Greatest Hits of Economics," including the five top economists; a

helpful list of suggested readings is included. Recommended for

public libraries as a complement to the author's previous New Ideas

from Dead Economists: An Introduction to Modern Economic Thought

(NAL, 1989).

Lucy Heckman, St. John's Univ. Lib., Jamaica, N. Y.

Copyright 1995 Reed Business Information, Inc. --This text refers

to an out of print or unavailable edition of this title.

　　From Booklist

　　Economics is anything but dismal in the hands of Buchholz, a

former professor and regular contributor to Forbes and the Wall

Street Journal. His New Ideas from Dead Economists (1989) was a

lively, entertaining introduction to economic theory that

effectively explained various economic schools of thought--even for

those whose eyes glaze over after reading the second page of the

newspaper's business section. He continues here where the previous

book left off, demonstrating how "economics" determines everything

from the advertising we watch to the health care we receive. With

four broad sections covering macroeconomics, microeconomics,

international trade and finance, and investing, Buchholz offers up

everyday, real-life examples that vividly and clearly illustrate

the basic principles of economics. Highly recommended for all

public libraries, but especially for smaller libraries with limited

business collections. David Rouse --This text refers to an out of

print or unavailable edition of this title.