Economics For Dummies by Sean Masaki Flynn
So far (2 chapters) I’ve learned that the modern explosion of productivity is due to 1) widespread public education and 2) patents for inventions that give inventor a monopoly. I’ve also been told that monopolies are bad and inefficient.
Bizarre.
I’m grateful that when I was 18 I picked up and read a book by Milton Friedman. He aroused my interest in economics and, to say the least, was a wonderful place to start.
Regretfully, the dribble that passes for economic literacy is not limited to a poorly written book. It seems to be the guiding policy of our federal government.