Economics Books

Dive into the dynamic world of economics with our wide array of books in the Economics collection. From global financial systems to local economic policies, our selection offers insights by leading economists and scholars.

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Secrets of the Temple : How the Federal Reserve Runs the Country - Thryft
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William Greider’s groundbreaking bestseller reveals how the mighty and mysterious Federal Reserve operates—and manipulates and the world’s economy.This ground-breaking best-seller reveals for the first time how the mighty and mysterious Federal Reserve operates—and how it manipulated and transformed both the American economy and the world's during the last eight crucial years. Based on extensive interviews with all the major players, Secrets of the Temple takes us inside the government institution that is in some ways more secretive than the CIA and more powerful than the President or Congress.
Social Futures of Singapore Society
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David Chan | World Scientific Pub Co Inc

Social Futures of Singapore Society

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If you're captivated by the interplay of social dynamics and future planning, "Social Futures Of Singapore Society" could be an enlightening read. As someone interested in how a country like Singapore positions itself for the challenges and opportunities ahead, this book offers a detailed examination of the potential socio-economic shifts. It fosters deep reflection on the role of government and the power of community in shaping a resilient, forward-thinking society.
When Crime Pays : Money and Muscle in Indian Politics - Thryft
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BRAND NEW, Exactly same ISBN as listed, Please double check ISBN carefully before ordering.
The Global Third Way Debate - Thryft
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Anthony Giddens | Polity

The Global Third Way Debate

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Goodreads rating: 3.59

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Left-of-centre governments are currently in power in many countries. In greater or lesser degree, all have moved away from traditional doctrines and policies of the left, recognizing that left values have to be pursued by different means today. The term 'third way' has become a widely accepted, if controversial, label understood by many modernizing social democrats to refer to these attempts at ideological and policy innovation. The debate that has arisen around these developments is a truly world-wide one, stretching from the US and Europe through to Asia, Australasia and Latin America.Anthony Giddens has been perhaps the foremost contributor to the global third way discussion. In this book he has brought together some of the key contributions from around the world. Articles included cover, among other the development of the third way policies in EU countries; welfare institutions and welfare reforms; economic and social policy; trust, the civic order and government; the strains and stresses of democracy; the regulation of corporate power; ecological modernization; the third way viewed from the South; global governance.This book will be of interest to everyone concerned with the future of progressive politics. It provides perhaps the most comprehensive and integrated account to date of core developments in leftist political thinking.
Pax Indica - Thryft
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Shashi Tharoor | Allen Lane

Pax Indica

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A definitive account of Indias international relations from an expert in the field.Indian diplomacy, a veteran told Shashi Tharoor many years ago, is like the love-making of an elephant: it is conducted at a very high level, accompanied by much bellowing, and the results are not known for two years. In this lively, informative and insightful work, the award-winning author and parliamentarian brilliantly demonstrates how Indian diplomacy has become sprightlier since then and where it needs to focus in the world of the 21st century. Explaining why foreign policy matters to an India focused on its own domestic transformation, Tharoor surveys Indias major international relationships in detail, evokes the countrys soft power and its global responsibilities, analyses the workings of the Ministry of External Affairs, Parliament and public opinion on the shaping of policy, and offers his thoughts on a contemporary new grand strategy for the nation, arguing that India must move beyond non-alignment to multi-alignment. His book offers a clear-eyed vision of an India now ready to assume new global responsibility in the contemporary world. Pax Indica is another substantial achievement from one of the finest Indian authors of our times.
Government by the Market? : The Politics of Public Choice - Thryft
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Recent decades have seen the study of politics invaded by economic theories, methods and techniques. This book gives a concise, non- technical account of these 'public choice' theories and examines their influence upon government policies in English-speaking countries. Issues covered include slimming the state, privatising welfare and re- structuring government. Final chapters offer an alternative view of the basis of good government. This book offers a unique survey and critique of the ideas and influence of an important branch of political thought and its links with market theories.
Who Needs Jobs? : Spreading Poverty or Increasing Welfare - Thryft
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In Who Needs Jobs?, Lemieux explains how jobs are not the goal of economic life and how creating jobs should not be the goal of public policy. He delves into how income and prosperity are created (businesses producing what consumers demand), proposes solutions to the unemployment problem, and provides readers with the knowledge to navigate the jobs discussions of politicians and economists in America. With his approach, Lemieux takes this controversial and complex topic and makes it understandable, using economic analysis and real world examples.
American Power and the New Mandarins - Thryft
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Chomsky's first political book, widely considered to be among the most cogent and powerful statements against the American war in Vietnam. Long out of print, this collection of early, seminal essays helped to establish Chomsky as a leading critic of United States foreign policy. With a new foreword by Howard Zinn, author of A People's History of the United States.
The Third World Tomorrow : A Report from the Battlefront in the War Against Poverty - Thryft
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Page edges tanned, owner's inscription. Orders received by 3pm Sent from the UK that weekday.
Art Of Leadership, The: Perspectives From Distinguished Thought Leaders - Thryft
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The Art of Leadership: Perspectives from Distinguished Thought Leaders is a must-read for those looking to improve their leadership skills and expand their knowledge on global issues. The insights shared by internationally renowned academics, scholars, business, and political leaders will leave readers feeling inspired and motivated. This book offers a unique collection of perspectives on a variety of topics, such as economics, politics, entrepreneurship, and management, making it a valuable addition to any book collection.
Economic Development in Asia - Thryft
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Maria Rebecca Valenzuela, John Malcolm Dowling  | Cengage Learning

Economic Development in Asia

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Economic Development in Asia, 2e provides the reader with an indepth theoretical and empirical analysis of current economic trends and policy issues in the countries that comprise developing Asia - a vast region extending from the Indian subcontinent to China and japan. Each chapter begins with a theoretical foundation that provides the basis for a detailed discussion of major micro- and macroeconomic developments and policy issues in these Asian developing countries. Country and regional examples, along with summaries of empirical studies, are introduced to illustrate different points of view regarding the development experience.The book is specially tailored to meet the needs of social science students studying economic development in Asia. With the rising tide of interest in the Asian economies, the book will be invaluable for educators, government policymakers, and anyone seeking to better understand the process of growth and economic development in the region.
Impressions of the Goh Chok Tong Years in Singapore - Thryft
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Singapore experienced substantial changes during the 14-year tenure of the country's second Prime Minister, Goh Chok Tong (1990-2004). Coming after a long period of growth and stability, the period brought to office a new generation of political leaders who faced the task of sustaining and building upon the policies of their predecessors. There were social and cultural initiatives and significant challenges to the economy arising from the Asian crisis of 1998 and the SARS outbreak in 2003. This volume examines the changes that took place during the Goh premiership and assesses its legacy. The 45 essays in the volume review a range of issues from domestic politics and foreign policy to economic development, society, culture, the arts and media.
This book serves as a historical account of the Chinese Cultural Revolution, from its immediate consequences to its long-term effects. The essays explore topics related to leadership, participation, economic development and social change in China. With Schram's introduction, readers gain a broad historical perspective of the Chinese revolution since the end of the 19th century. This book is perfect for history enthusiasts who want to learn more about the Chinese Cultural Revolution and its impact on China.
Speaking Truth To Power: Singapore's Pioneer Public Servants - Thryft
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It is said that the duty of public servants is to "speak truth to power" — to give honest, sound and sometimes unpopular advice to political leaders. Underneath the narrative of the Singapore story, as personified by Lee Kuan Yew and the first-generation leaders, lie the lesser-known tales of dedicated public servants in the nation-building process. Singapore's development cannot be fully understood without considering the role of those in public service during the transition to independence from the 1950s to 60s. Featuring oral history interviews from the National Archives of Singapore with 11 pioneer public servants, Speaking Truth to Singapore's Pioneer Public Servants reveals first-hand, personal accounts of the civil service's transition from the colonial era, their relationship with the political leaders, and how Singapore's economic development was driven by sound public administration in those critical years. The annotated interviews make for an easily readable format for researchers and general audiences alike. Some of Singapore's pioneer public servants featured in the book Wee Chong Jin, The First Local Chief Justice Goh Koh Pui, Chairman of the PSA Abdul Wahab Ghows, Solicitor-General and High Court Judge Hedwig Anuar, Director of the National Library Kwa Soon Bee, Pioneer of Singapore's Healthcare System Alan Choe, HDB's First Architect-Planner, and Founder of the URA Chan Chin Bock, Chairman of the EDB J. Y. Pillay, The Man Behind Singapore Airlines Ngiam Tong Dow, The Maverick Perm Sec Tommy Koh, Singapore's Representative at the United Nations Winston Choo, The First Chief of Defence Force
New york. Athens. Wenzhou. Boston. Oslo. Dhaka. New orleans. Nairobi. In recent years, dozens of cities across the globe have been hit by large-scale catastrophes of every natural disaster, geopolitical conflict, food shortages, disease and contagion, terrorist attacks. If you haven't been directly touched by one of these cataclysms yourself, in our interconnected world you are sure to have been affected in some way. They harm vulnerable individuals, destabilise communities and threaten organisations and even whole societies. We are at greater risk than ever from city-wide catastrophe, and as the severity and frequency of these disasters increase, we must become better at preparing for, responding to and recovering from them. Be it haiti's dependence on humanitarian aid, the rebuilding effort after the great fire of manhattan or the reason why more girls than boys drowned in japan's tsunami, the resilience dividend combines vivid stories with practical insights (such as how to di
Destined for War : can America and China escape Thucydides's Trap? - Thryft
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China and the United States are heading toward a war neither wants.The reason, argues Harvard scholar Graham Allison in this razor-sharp analysis, is Thucydides’s Trap. This phenomenon, as old as history itself, is named for the Greek historian’s assessment of why the Peloponnesian War broke out: a rising power threatened to displace a ruling one.Over the past 500 years, such a struggle has occurred between major powers just sixteen times. In twelve cases, it resulted in war.Today, as an unstoppable China approaches an immovable America, and both Xi Jinping and Donald Trump promise to make their countries ‘great again’, the seventeenth case looks grim. Unless China scales back its ambitions or the US accepts becoming number two in the Pacific, a trade conflict, cyber attack, or accident at sea could soon escalate.Through uncanny historical parallels, Destined for War shows how close we are to the unthinkable. Yet, stressing that war is not inevitable, Allison also reveals how clashing powers have kept the peace in the past — and what painful steps the US and China can and must take to avoid disaster.
The cases of Singapore and Switzerland present a fascinating puzzle: how have two small states achieved similar levels of success through divergent pathways? Are both approaches equally sustainable, and what lessons do they hold for each other? While Singapore is the archetypal developmental state, whose success can be attributed to strong political leadership and long-term planning, Switzerland's success is a more organic process, due to the propitious convergence of strong industries and a resilient citizenry. Yet throughout the course of their development, both countries have had to deal with the dual challenges of culturally heterogeneous populations and challenging regional contexts. Edited by Yvonne Guo and Jun Jie Woo, with forewords from Ambassadors Thomas Kupfer and Tommy Koh, Singapore and Switzerland: Secrets to Small State Success features contributions from distinguished scholars and policymakers who explore the dynamics of two small states which have topped international rankings in a dazzling array of policy areas, from economic competitiveness to education to governance, but whose pathways to success could not be more different.
A Theory of Justice - Thryft
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Since it appeared in 1971, John Rawls's A Theory of Justice has become a classic. The author has now revised the original edition to clear up a number of difficulties he and others have found in the original book.Rawls aims to express an essential part of the common core of the democratic tradition - justice as fairness - and to provide an alternative to utilitarianism, which had dominated the Anglo-Saxon tradition of political thought since the nineteenth century. Rawls substitutes the ideal of the social contract as a more satisfactory account of the basic rights and liberties of citizens as free and equal persons. "Each person," writes Rawls, "possesses an inviolability founded on justice that even the welfare of society as a whole cannot override." Advancing the ideas of Rousseau, Kant, Emerson, and Lincoln, Rawls's theory is as powerful today as it was when first published.
This book develops an original theory of group and organizational behavior that cuts across disciplinary lines and illustrates the theory with empirical and historical studies of particular organizations. Applying economic analysis to the subjects of the political scientist, sociologist, and economist, Mancur Olson examines the extent to which the individuals that share a common interest find it in their individual interest to bear the costs of the organizational effort.The theory shows that most organizations produce what the economist calls “public goods”―goods or services that are available to every member, whether or not he has borne any of the costs of providing them. Economists have long understood that defense, law, and order were public goods that could not be marketed to individuals, and that taxation was necessary. They have not, however, taken account of the fact that private as well as governmental organizations produce public goods.The services the labor union provides for the worker it represents, or the benefits a lobby obtains for the group it represents, are public they automatically go to every individual in the group, whether or not he helped bear the costs. It follows that, just as governments require compulsory taxation, many large private organizations require special (and sometimes coercive) devices to obtain the resources they need. This is not true of smaller organizations for, as this book shows, small and large organizations support themselves in entirely different ways. The theory indicates that, though small groups can act to further their interest much more easily than large ones, they will tend to devote too few resources to the satisfaction of their common interests, and that there is a surprising tendency for the “lesser” members of the small group to exploit the “greater” members by making them bear a disproportionate share of the burden of any group action.All of the theory in the book is in Chapter 1; the remaining chapters contain empirical and historical evidence of the theory’s relevance to labor unions, pressure groups, corporations, and Marxian class action.
The Making of the New Deal : The Insiders Speak - Thryft
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There has never been a phenomenon in American life to equal the invasion of Washington by the young New Dealers―hundreds of men and women still in their twenties and thirties, brilliant and dedicated, trained in the law, economics, public administration, technology, pouring into public life to do nothing less than restructure American society. They proposed new programs, drafted legislation, staffed the new agencies. They were active in the Administration, the Congress, the courts, the news media. They fanned out all over America to discover the facts, plan ways of easing the pain of their foundering country, and report on the results. Many of them went on to be rich, famous, and powerful, but their early experience in Washington was perhaps the most inspiriting of their lives.Katie Louchheim was among those who arrived in Washington in the 1930s, and being a keen writer as well as the wife of a member of the SEC, she had a front-row seat for the spectacle of social progress. Now, a half-century later, she has gathered reminiscences from her old friends and colleagues, interviewed others, and woven them together into a lively, informal word-picture of that exciting time. Among the many insiders who recount their views are Alger Hiss, Robert C. Weaver, Paul A. Freund, James H. Rowe, Wilbur J. Cohen, Abe Fortas, David Riesman, and Joseph L. Rauh. This book, a singular and uplifting primary document of an extraordinary period, is destined to appeal across a wide spectrum of readers of American history.
Understanding China : A Guide to China's Economy, History, and Political Culture - Thryft
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In this succinct, modest, and refreshingly forthright book--now revised and updated for the new century--Starr introduces to the uninitiated reader the background, basic data, and issues at stake in China's crisis-ridden present and future.The death of Deng Xioaping in February 1997, revelations about Chinese influence in our election campaigns, and Chinese eagerness to acquire advanced American technology, are only some of the developments that show how urgently we need to know and understand China better than we do. In this revised edition of his essential book, Starr focuses his shrewd attention on them all. He furnishes additional material on China's relations with Taiwan and Tibet, the transfer of Hong Kong to Chinese rule, China's nuclear weapons program, and its environmental and human rights records.
Locke: Two Treatises of Government Student edition - Thryft
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This is a new revised version of Dr. Laslett's standard edition of Two Treatises. First published in 1960, and based on an analysis of the whole body of Locke's publications, writings, and papers. The Introduction and text have been revised to incorporate references to recent scholarship since the second edition and the bibliography has been updated.
The Future Is Asian : Global Order in the Twenty-first Century - Thryft
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In the 19th century, the world was Europeanized. In the 20th century, it was Americanized. Now, in the 21st century, the world is being Asianized.The “Asian Century” is even bigger than you think. Far greater than just China, the new Asian system taking shape is a multi-civilizational order spanning Saudi Arabia to Japan, Russia to Australia, Turkey to Indonesia—linking five billion people through trade, finance, infrastructure, and diplomatic networks that together represent 40 percent of global GDP. China has taken a lead in building the new Silk Roads across Asia, but it will not lead it alone. Rather, Asia is rapidly returning to the centuries-old patterns of commerce, conflict, and cultural exchange that thrived long before European colonialism and American dominance. Asians will determine their own future—and as they collectively assert their interests around the world, they will determine ours as well.There is no more important region of the world for us to better understand than Asia – and thus we cannot afford to keep getting Asia so wrong. Asia’s complexity has led to common misdiagnoses: Western thinking on Asia conflates the entire region with China, predicts imminent World War III around every corner, and regularly forecasts debt-driven collapse for the region’s major economies. But in reality, the region is experiencing a confident new wave of growth led by younger societies from India to the Philippines, nationalist leaders have put aside territorial disputes in favor of integration, and today’s infrastructure investments are the platform for the next generation of digital innovation.If the nineteenth century featured the Europeanization of the world, and the twentieth century its Americanization, then the twenty-first century is the time of Asianization. From investment portfolios and trade wars to Hollywood movies and university admissions, no aspect of life is immune from Asianization. With America’s tech sector dependent on Asian talent and politicians praising Asia’s glittering cities and efficient governments, Asia is permanently in our nation’s consciousness. We know this will be the Asian century. Now we finally have an accurate picture of what it will look like.
On China - Thryft
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Henry Kissinger | Penguin Books

On China

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Goodreads rating: 4.18

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“ Fascinating, shrewd . . . The book deftly traces the rhythms and patterns of Chinese history. ” —Michiko Kakutani, The New York Times“No one can lay claim to so much influence on the shaping of foreign policy over the past 50 years as Henry Kissinger.” — The Financial TimesIn this sweeping and insightful history, Henry Kissinger turns for the first time at book length to a country he has known intimately for decades and whose modern relations with the West he helped shape. On China illuminates the inner workings of Chinese diplomacy during such pivotal events as the initial encounters between China and tight line modern European powers, the formation and breakdown of the Sino-Soviet alliance, the Korean War, and Richard Nixon’s historic trip to Beijing. With a new final chapter on the emerging superpower’s twenty-first-century role in global politics and economics, On China provides historical perspective on Chinese foreign affairs from one of the premier statesmen of our time.
ASEAN - Thryft
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Rodolfo C. Severino | Iseas-yusof Ishak Institute

ASEAN

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Since its founding in 1967, the Association of Southeast Asian Nations has been an increasingly large part of the life of Southeast Asia, although most people in the region know very little about it. ASEAN has helped bring peace and stability to the region. It has successfully engaged the world's major powers, in East Asia and beyond. ASEAN has taken steps to integrate the regional economy as an important means of cooperatively improving the region's competitiveness, attracting investments, generating jobs, raising incomes, and lowering costs and prices. ASEAN has also formed networks for dealing with regional problems like communicable diseases, environmental degradation, and transnational crime. An essential part of the Southeast Asia Background Series, this book seeks to shed some light on what ASEAN is all about.
Things That Matter : Three Decades of Passions. Passtimes and Politics - Thryft
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Charles Krauthammer | Crown Forum

Things That Matter : Three Decades of Passions. Passtimes and Politics

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From America’s preeminent columnist, named by the Financial Times the most influential commentator in the nation, the long-awaited collection of Charles Krauthammer’s essential, timeless writings.   A brilliant stylist known for an uncompromising honesty that challenges conventional wisdom at every turn, Krauthammer has for decades daz­zled readers with his keen insight into politics and government. His weekly column is a must-read in Washington and across the country. Now, finally, the best of Krauthammer’s intelligence, erudition and wit are collected in one volume.   Readers will find here not only the country’s leading conservative thinker offering a pas­sionate defense of limited government, but also a highly independent mind whose views—on feminism, evolution and the death penalty, for example—defy ideological convention. Things That Matter also features several of Krautham­mer’s major path-breaking essays—on bioeth­ics, on Jewish destiny and on America’s role as the world’s superpower—that have pro­foundly influenced the nation’s thoughts and policies. And finally, the collection presents a trove of always penetrating, often bemused re­flections on everything from border collies to Halley’s Comet, from Woody Allen to Win­ston Churchill, from the punishing pleasures of speed chess to the elegance of the perfectly thrown outfield assist.   With a special, highly autobiographical in­troduction in which Krauthammer reflects on the events that shaped his career and political philosophy, this indispensible chronicle takes the reader on a fascinating journey through the fashions and follies, the tragedies and triumphs, of the last three decades of American life.
The major challenge for the current generation of mankind is to develop a shared vision of a future that is both desirable to the vast majority of humanity and ecologically sustainable. Creating a Sustainable and Desirable Future offers a broad, critical discussion on what such a future should or can be, with global perspectives written by some of the world's leading thinkers, Wendell Berry, Van Jones, Frances Moore Lappe, Peggy Liu, Hunter Lovins, Gus Speth, Bill McKibben, and many more.
The Pacific Century : America and Asia in a Changing World - Thryft
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Frank B. Gibney | Scribner

The Pacific Century : America and Asia in a Changing World

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By the mid-1990s, American trade with the Pacific nations--Japan, China, Taiwan, Korea, the Philippines, Australia, and others--will be twice as large as our commerce with countries across the Atlantic. Now one of America's most distinguished Asia scholars examines the history and development of the Pacific nations and makes clear America's stake in this region. 200 photographs.
World Order - Thryft
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Henry Kissinger | Penguin Press

World Order

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Henry Kissinger offers in World Order a deep meditation on the roots of international harmony and global disorder. Drawing on his experience as one of the foremost statesmen of the modern era—advising presidents, traveling the world, observing and shaping the central foreign policy events of recent decades—Kissinger now reveals his analysis of the ultimate challenge for the twenty-first century: how to build a shared international order in a world of divergent historical perspectives, violent conflict, proliferating technology, and ideological extremism.There has never been a true “world order,” Kissinger observes. For most of history, civilizations defined their own concepts of order. Each considered itself the center of the world and envisioned its distinct principles as universally relevant. China conceived of a global cultural hierarchy with the Emperor at its pinnacle. In Europe, Rome imagined itself surrounded by barbarians; when Rome fragmented, European peoples refined a concept of an equilibrium of sovereign states and sought to export it across the world. Islam, in its early centuries, considered itself the world’s sole legitimate political unit, destined to expand indefinitely until the world was brought into harmony by religious principles. The United States was born of a conviction about the universal applicability of democracy—a conviction that has guided its policies ever since.Now international affairs take place on a global basis, and these historical concepts of world order are meeting. Every region participates in questions of high policy in every other, often instantaneously. Yet there is no consensus among the major actors about the rules and limits guiding this process, or its ultimate destination. The result is mounting tension.Grounded in Kissinger’s deep study of history and his experience as National Security Advisor and Secretary of State, World Order guides readers through crucial episodes in recent world history. Kissinger offers a unique glimpse into the inner deliberations of the Nixon administration’s negotiations with Hanoi over the end of the Vietnam War, as well as Ronald Reagan’s tense debates with Soviet Premier Gorbachev in Reykjavík. He offers compelling insights into the future of U.S.–China relations and the evolution of the European Union, and examines lessons of the conflicts in Iraq and Afghanistan. Taking readers from his analysis of nuclear negotiations with Iran through the West’s response to the Arab Spring and tensions with Russia over Ukraine, World Order anchors Kissinger’s historical analysis in the decisive events of our time.Provocative and articulate, blending historical insight with geopolitical prognostication, World Order is a unique work that could come only from a lifelong policymaker and diplomat.
The Price of Inequality - Thryft
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Joseph E. Stiglitz | Penguin Book Ltd,uk

The Price of Inequality

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Growing inequality. The poor. Economics. Nobel Prize winning economist. Paperback.
Can Singapore Fall?: Making The Future For Singapore - Thryft
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Lim Siong Guan, Singapore's former Head of Civil Service (1999–2005) was the Institute of Policy Studies' 4th S R Nathan Fellow for the Study of Singapore. This book contains edited versions of the three IPS-Nathan Lectures he gave between September and November 2017, and highlights of his dialogue with the audience. Lim addresses the question, "Can Singapore Fall?", by examining the state of Singapore today and proposing what Singapore and Singaporeans must do in order to prevent economic and social decline. Taking inspiration from Sir John Glubb's essay, The Fate of Empires and Search for Survival, Lim urges Singaporeans to counter decline by observing the "three legs of honour": Trust, Diversity, and Excellence. These include becoming a gracious society and building up a culture of innovation, excellence and outwardness. Lim also reminds us that cultural change takes a generational effort to effect; for change to happen, Singaporeans must thus act with urgency and act now for the well-being of future generations. The IPS-Nathan Lectures series was launched in 2014 as part of the S R Nathan Fellowship for the Study of Singapore. The S R Nathan Fellow delivers a series of lectures during their term to advance public understanding and discussion of issues of critical national interest.

Unlock the World of Economics

At Thryft, our Economics collection opens up pathways to understanding complex economic theories and real-world applications. Whether you’re interested in microeconomics, macroeconomics, or behavioural economics, our carefully curated selection is designed to enrich your knowledge. Discover works from Nobel laureates and renowned economists that are essential for students, professionals, and enthusiasts who crave a deeper understanding of the economy.