Making Sense of a Changing Economy

<p>In <em>Making Sense of Economics</em> Edward Nell presents an unorthodox and original view of the current state of economic theory and policies. Deriding the general trend for 'econobabble', the author explains the reason why conventional wisdom in economics now seems irrelevant and looks to likely future scenarios. Entertaining throughout, Nell employs a lightness of touch and wit not generally associated with economic literature. It is an accessible and enjoyable read which requires minimal prior knowledge of econoimcs. It will appeal to those who care what is really happening in the economy.</p> 1 Introduction; Part 1 Understanding and Misunderstanding Markets; Chapter 1 Mainstream or Billabong?; Chapter 2 Invisible Hands; Chapter 3 Institutions; Part 2 Running the System; Chapter 4 The Paradoxes of Individualism; Chapter 5 Alternatives; Part 3 Private Markets and Public Morals; Chapter 6 Markets, Bureaucracy and Machiavelli; Chapter 7 Moral Codes and Market Forces; Part 4 A New World Order?; Chapter 8 Twilight in the Marketplace; Chapter 9 Individualism and the Dilemma of the State; Epilogue;