{"product_id":"popular-economics-what-the-rolling-stones-downton-abbey-and-lebron-james-can-teach-you-about-economics-hardcover","title":"Popular Economics: What the Rolling Stones, Downton Abbey, and Lebron James Can Teach You about Economics - Hardcover","description":"\u003cp\u003eby \u003cb\u003eJohn Tamny\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003e\"John Tamny is a one-man antidote to economic obfuscation and mystification.\"\u003c\/i\u003e --George Will, Nationally Syndicated Columnist \u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e \u003ci\u003e\"In spirit, Tamny does for economics what the Gutenberg printing press did for the Bible, making a previously inaccessible subject open to all. Equally important, he does to economists what Toto did to the Wizard of Oz: pulling aside the curtain to expose the fraud that has become modern economics.\" \u003c\/i\u003e--Steve Forbes, Chairman and Editor-in-Chief, Forbes Media \u003cbr\u003e \u003cp\u003e\u003c\/p\u003e \u003ci\u003e\"Ignore John Tamny's easy to read Popular Economics at your own moral peril. It's as close to spiritual as you get in this realm--a better tutorial than any econ text.\" \u003c\/i\u003e- Ken Fisher, Founder \u0026amp; CEO, Fisher Investments \u003cp\u003e\u003c\/p\u003e \u003cbr\u003e \u003ci\u003e\"John's book is many things. It's a great way to learn economics, it's a very strong case for economic liberty, and it is an epic myth-buster. I will be giving it out to friends, of all viewpoints, for a long, long time.\"\u003c\/i\u003e - Cliff Asness, Managing Principal, AQR Capital \u003cp\u003e\u003c\/p\u003e \u003ci\u003eECONOMICS 101\u003c\/i\u003e \u003cp\u003e\u003c\/p\u003e In \u003ci\u003ePopular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You About Economics\u003c\/i\u003e (Regnery Publishing; April 13, 2015; $27.99) Tamny translates the so-called difficult and intimidating subject of economics into plain language, revealing that there is nothing mysterious about finance, commerce, and budgets. In fact, we are all microeconomists in our daily lives. \u003cp\u003e\u003c\/p\u003e \"Economics is easy, and its lessons are all around us,\" says Tamny. \"But Americans have allowed the so-called 'experts' to convince them they can't understand, much less grow the economy. Happily, economic growth is simple, too. If you can understand the four basic elements of economic growth--taxes, regulation, trade, and money-- prosperity will explode.\" \u003cp\u003e\u003c\/p\u003e Much like \u003ci\u003eFreakonomics\u003c\/i\u003e, Tamny uses pop culture and engaging stories to illustrate how understanding our economy is common sense--just look no further than the movies we enjoy, the sports we watch, and what we do every day. \u003cp\u003e\u003c\/p\u003e In \u003ci\u003ePopular Economics\u003c\/i\u003e, you'll discover: \u003cp\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow Paris Hilton and the Dallas Cowboys help illustrate good and bad tax policy\u003c\/li\u003e \u003cli\u003eHow Facebook and \u003ci\u003eMonday Night Football\u003c\/i\u003e demonstrate the debilitating effect of antitrust regulation\u003c\/li\u003e \u003cli\u003eHow the simple act of cooking chicken wings reveals why the \"floating dollar\" is a recipe for disaster\u003c\/li\u003e \u003cli\u003eWhy \u003ci\u003eDownton Abbey\u003c\/i\u003e and ESPN are evidence that the U.S. should bulldoze its tax code\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003c\/p\u003e \u003cbr\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003eEconomics is really pretty basic. In fact, it's everywhere you look. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eBut a lot of people want you to think economics is terribly complicated. Politicians, bureaucrats, special-interest groups, and economists themselves have managed to turn common sense and simple cause-and-effect into a mystery religion. And they want you, the ordinary taxpayer, to keep a respectful distance. \u003cp\u003e\u003c\/p\u003eJohn Tamny is here to break the spell with \u003ci\u003ePopular Economics\u003c\/i\u003e. You don't need a Ph.D. and a graphing calculator to understand the economic lessons that are all around us--just the self-confidence to see what's in front of your nose. Stimulating economic growth is pretty simple, too. It all comes down to Taxes, Regulation, Trade, and Money. Get these four things right, and economic growth would explode. \u003cp\u003e\u003c\/p\u003e \u003cb\u003eTaxes.\u003c\/b\u003e Think of taxes as a penalty for working. If Great Britain raises Mick Jagger's income tax rate high enough, the Rolling Stones are going to find somewhere else to live, and the amount of taxes Great Britain collects from Mick will be zero. \u003cp\u003e\u003c\/p\u003e \u003cb\u003e Regulation.\u003c\/b\u003e The smartest people in any industry aren't the regulators, they're the people making a living at it. Regulation is based on the fantasy that the mediocre can effectively direct the best and brightest. That's like expecting the Appalachian State football team to beat Michigan every time they play. \u003cp\u003e\u003c\/p\u003e\u003cb\u003e Trade.\u003c\/b\u003e LeBron James could be a pretty good tight end in the NFL, but in basketball he's the best in the world. So it makes no sense for him to play football. That's called comparative advantage, and it's the foundation of free trade. \u003cp\u003e\u003c\/p\u003e\u003cb\u003e Money.\u003c\/b\u003e Imagine playing football if the length of a yard changed on every play. Yet that's how we run our economy. The value of the dollar--the economy's unit of measure--changes in value every minute. \u003cp\u003e\u003c\/p\u003eGovernment tries to convince us that free markets are dangerous. To believe that, we have to ignore reality, and plenty of professional economists are trying to help us do that. \u003cp\u003e\u003c\/p\u003eBut \u003ci\u003ePopular Economics\u003c\/i\u003e shows that you're an economist too--and a better one than you think.\u003cbr\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eJohn Tamny\u003c\/b\u003e is the editor of \u003ci\u003eRealClearMarkets\u003c\/i\u003e and the Political Economy editor at \u003ci\u003eForbes\u003c\/i\u003e, where he also has a weekly column. He is a senior director with the Cato Institute and a senior economic advisor to Toreador Research \u0026amp; Trading. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eMr. Tamny frequently writes about tax, trade, and monetary policy issues for a variety of publications, including the \u003ci\u003eWall Street Journal\u003c\/i\u003e, \u003ci\u003eInvestor's Business Daily\u003c\/i\u003e, \u003ci\u003eFinancial Times\u003c\/i\u003e, \u003ci\u003eNational Review\u003c\/i\u003e, and \u003ci\u003eLondon's Daily Telegraph\u003c\/i\u003e. He also recently wrote \u003ci\u003eThe End of Work.\u003c\/i\u003e \u003cp\u003e\u003c\/p\u003eAs a regular panelist on Fox News' \u003ci\u003eForbes on Fox\u003c\/i\u003e, he has appeared as a financial expert on numerous television shows, including \u003ci\u003eYour World with Neil Cavuto\u003c\/i\u003e, and CNBC's \u003ci\u003eKudlow Report\u003c\/i\u003e. \u003cp\u003e\u003c\/p\u003eMr. Tamny lives with his wife, Kendall, in Washington, D.C.\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 256\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.2 x 9 x 6 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e April 13, 2015\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51770588922144,"sku":"9781621573371","price":27.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/decb5dc6d10eec85bf4e9225918045e9.webp?v=1780374557","url":"https:\/\/ebocreations.com\/products\/popular-economics-what-the-rolling-stones-downton-abbey-and-lebron-james-can-teach-you-about-economics-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}