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This is a book about money concepts that matter! Only a handful of people around the world realize that, if a money system is "fair," it enables society to function with ease, with safety, with relative prosperity, with a low crime rate, with a low divorce rate, with less immorality in politics and more. And if a money system is unfair, the reverse takes place, and we get soaring crime and divorce. Money creates attitudes of good or bad, strong or weak morality through its soundness. It's not necessary that I agree with every thought that author Howard Katz has written herein. Indeed all those who write introductions to books will surely feel the same‒that in some cases they may even disag...
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For nearly ten years, readers of the Sunday Boston Globe and newspapers around America have delighted in David Warsh's column, "Economic Principals." This collection shows why. Taken as a whole, Warsh's writings amount to a vast and colorful group portrait of the personalities who dominate modem economics -- from the luminaries to unknown soldiers to eccentrics who add sparkle to the tapestry. Partly a history of controversies in economics, partly an essay on the evolution of the field, Economic Principals offers a glimpse of one of the most important stories of our time: the metamorphosis of a priestly class of moral philosophers into the mathematical mandarins of today, whose ideas are res...