Wednesday, December 17, 2008

Easy-to-Understand Economics

One of the best ways to grip and understand an idea is when you encounter it through a story. Just as the Gospel spreads the teaching of Christ thru parables, the layman can easily understand economic principles thru stories as given by Russell Roberts.

Here is a link of some economic principles as explained by Roberts. The Comparative Advantage principle is told using a story.

Also, Russell Roberts also has written 'economic' novels. A couple of them are: The Invisible Heart and The Price of Everything.

No comments:

Post a Comment