How to Teach Economics to Your Dog: A Quirky Introduction

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In this book however, the dialogue is between an economist and her small dog. Each chapter is a ‘walk’. J., 2016. Other People’s Money : Masters of the Universe or Servants of the People? London: Profile Books Ltd. I enjoyed this book because it introduced me to a topic of global importance under the guise of a fun holiday read. It is very much aimed at the beginner without any formal economics education when it comes to classical economic theory, but covers a lot of concepts that help us understand some of the decisions being made by the policymakers and industry leaders around us. It also begins to arm the reader to critique some of the more dubious ideologies and approaches demonstrated by people in power. M., 2002. The Protestant Ethic and the “Spirit” of Capitalism and Other Writings . Trans. and ed. Baehr, P.R. and Wells, G.C. Penguin Books. Heilbroner, R.L. and Milberg, W., 2012. The Making of Economic Society . Pearson Education Company.

thanks to The Escape Artist for that metaphor: https://theescapeartist.me/2020/12/06/the-ice-sculpture-the-turkey-and-the-rollercoaster a letter to A.L. Bowley. Cited in https://www.core-econ.org/the-economy/book/text/08.html#great-economists-alfred-marshall is the argument made by Chang, H.J., 2015. Economics: the user’s guide . Bloomsbury Publishing USA. A. and Kahneman, D., 1981. ‘The framing of decisions and the psychology of choice’. Science , 211(4481), 453–8.Card & Krueger for the counterargument: Card, D. and Krueger, A.B., 1993. Minimum wages and employment: A case study of the fast food industry in New Jersey and Pennsylvania. P. ed., 2003. The twenty-first-century firm: changing economic organization in international perspective . Princeton University Press. We are experiencing delays with deliveries to many countries, but in most cases local services have now resumed. For more details, please consult the latest information provided by Royal Mail's International Incident Bulletin. C.I., 2016. ‘The facts of economic growth’. In Handbook of macroeconomics (Vol. 2, pp. 3–69). Elsevier. (They credit Abramovitz with this description p. 9.) this is the marginal cost, the cost of making just one extra phone, and does not include the fixed costs such as development. The US dollar cost price was converted to pounds sterling using the average exchange rate for 2019. https://www.investopedia.com/financial-edge/0912/the-cost-of-making-an-iphone.aspx

N.N., 2021. Bitcoin, Currencies and Fragility. https://www.researchgate.net/publication/353065461_Bitcoin_Currencies_and_Fragility works most of the time. In the financial crisis of 2008, it turned out that the risks were not diversified but correlated. https://www.economist.com/finance-and-economics/2017/09/23/china-sets-its-sights-on-dominating-sunrise-industries

T., 2011. The Toaster Project: Or a Heroic Attempt to Build a Simple Electric Appliance from Scratch . Chronicle Books. really recommend this series of articles for anyone who wants to understand what went wrong: https://baselinescenario.com/financial-crisis-for-beginners Chapter 10: Walk 5 Household Behaviour: You Can’t Always Get What You Want, But if You Try Real Hard… D.A., 2010. Convicts and convictions: some lessons from transportation for health reform. U. Pa. L. Rev., 159 , p.1999.

S., 2020. The Deficit Myth: Modern Monetary Theory and How to Build a Better Economy . PublicAffairs.

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Marshall M, Practice, politics, and possibilities, British Journal of General Practice 2009; 59 (565): e273-e282. DOI: https://doi.org/10.3399/bjgp09X42026 R., 2020. Book Review: ‘The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy’. Quarterly Journal of Austrian Economics , 23(2), 232–51. https://doi.org/10.35297/qjae.010069 Though I am not a dog person, I did find the format fun -- each basic microecon or macroecon lesson is framed as a walk on which she's taking her dog Monty to converse about these topics. Often Monty's input is a minor joke about food or bones, or just asking her to define a jargon term, but occasionally he gets off some edgy lines, e.g., "being laughed at by a dachsund is like being called stupid by a boxer" (p. 260) (ooh, snap!)

J.M., 2010. ‘Economic possibilities for our grandchildren’. In Essays in persuasion (pp. 321–32). Palgrave Macmillan. Rather than complaining that there is a Machiavellian plot to destroy general practice, we need to enter robust and informed discussions about the pros and cons of the current model. Rather than revelling in our small business ethos we need to recognise that collectively general practice could be immensely powerful. Just look at our economic clout.’ 1

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Chapter 16: Walk 11 Growth: How We Can Make the World a Better Place for the Gacoteras and the Chowdhurys estimates are in constant prices (i.e. they have been adjusted for inflation) and are indexed at 1913 values. See: https://ourworldindata.org/trade-and-globalization G.A., 1978. The market for “lemons”: Quality uncertainty and the market mechanism. In Uncertainty in Economics (pp. 235–51). Academic Press.