What causes poverty? Why do tax rates vary so much between countries, and why Is inflation inevitable?

The Economics Book is your plain-speaking, visual guide to these questions and beyond. Using a unique graphic approach, it explains the issues that affect us all, including taxation, recession, the housing market, the stock market, and savings rates.

It highlights how economic ideas can shape our world, such as the need for nations to act collectively to solve issues, from migration to climate change. Using graphics and flow diagrams, The Economics Book demystifies and untangles complicated theories to make sense of abstract concepts.

It also traces the history of economics from the ancient Greeks to today, presenting over 100 key ideas from the world's greatest economic thinkers, such as Thomas Malthus, John Maynard Keynes, and Milton Friedman, showing you how theories develop as one economist influenced the next.

Whether you are studying economics or just want to know how the world really works, The Economics Book is both an accessible guide and an invaluable reference.

Series Overview: Big Ideas Simply Explained series uses creative design and innovative graphics along with straightforward and engaging writing to make complex subjects easier to understand. With over 7 million copies worldwide sold to date, these award-winning books provide just the information needed for students, families, or anyone interested in concise, thought-provoking refreshers on a single subject.