Abstract
Introduction: Why Study Economics? Part One: Preliminaries 1. The Economy and Economics 2. Capitalism 3. Economic History 4. The Politics of Economics Part Two: The Basics of Capitalism: Work, Tools, and Profit 5. Work, Production, and Value 6. Working with Tools 7. Companies, Owners, and Profit 8. Workers and Bosses 9. Reproduction (for Economists!) 10. Closing the Little Circle Part Three: Capitalism as a System 11. Competition 12. Investment and Growth 13. Employment and Unemployment 14. Dividing the Pie 15. Capitalism and the Environment Part Four: The Complexity of Capitalism 16. Money and Banking 17. Inflation, Central Banks, and Monetary Policy 18. Paper Chase: Stock Markets, Financialization, and Pensions 19. The Conflicting Personalities of Government 20. Taxing and Spending 21. Globalization 22. Development (and Otherwise) 23. Closing the Big Circle 24. The Ups and Downs of Capitalism Part Five: Challenging Capitalism 25. Evaluating Capitalism 26. Improving Capitalism 27. Replacing Capitalism? Conclusion: A Dozen Big Things to Remember About Economics Notes Index
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