The New World Economy: A Beginner's Guide

by Randy Charles Epping

What is blockchain? What is Bitcoin? How can central banks be instrumental in guiding a nation's economy? What are the underlying causes of trade deficits? Do trade wars actually help the domestic economy? How has the behavior of millennials and Generation Z affected the global economy? Find out all this and more in this definitive guide to the world economy.

As the global economic landscape shifts at an increasing rate, it's more important than ever that citizens understand the building blocks of the new world economy. In this lively guide, Randy Charles Epping cuts through the jargon to explain the fundamentals. In thirty-six engaging chapters, Epping lays bare everything from NGOs and nonprofits to AI and data mining. With a comprehensive glossary and absolutely no graphs, The New World Economy: A Beginner's Guide is essential reading for anyone who wants to understand what is going on in the world around them. This timely book is a vital resource for today's chaotic world.

Genres: Economics, Finance, Nonfiction, Audiobook

352 pages, Paperback

Published January 21, 2020

Reviews

[Paul · Rating 3 out of 5]

This a series of short essays on a wide variety of current and sometimes complex topics. Each one is explained clearly and are pretty light. The author is intelligent and writes well. I'd prefer more depth for the topics, but this is a Beginner's Guide, so I guess I shouldn't complain. This is a series of starting points with an excellent glossary.

I really appreciate the NetGalley advanced copy for review!!

[Fiona Cheng · Rating 4 out of 5]

A very detailed book

[MTMD · Rating 3 out of 5]

If you studied Business you know 80% of the book content, but is a good reminder plus some topics are updated to 2020 (useful if you went to school +5years ago)

[Marie · Rating 4 out of 5]

Money is a medium of exchange allowing people to store value over time and it serves as a unit of account.

Bitcoins is total anonymity and many operations are set in colder climates that allow less cost to cool computers.

Economics entails keeping one eye on inflation and the other on unemployment.

Switzerland, Australia, Israel, New Zealand and Canada have between 20% and 30% of their residents foreign born. The United States hads only 13%.

Globalization opens doors. Jobs are constantly being created and destroyed.
Capitalism is based on change.

[Chris Ryan · Rating 4 out of 5]

Excellently informative and concise. This touched on some subjects that I have heard of but didn't really know anything about. This isn't an in depth exploration of each topic, but has definitely served as a good starting point to delve further into the topics of interest.

[Troy McCabe · Rating 4 out of 5]

It's a good reference for some basic economics that include new ideals based on gig work. This would be a good book to start conversations with other econ nerds. The chapters are standalone, meaning you can read the chapters based on what your interest is at the time. I do recommend this book.

[Diego Velazquez · Rating 3 out of 5]

As a starting point to understand the various macrolevel interactions that happen in the 21st century, this book does that. It, doesn't, however, enter much into detail of any subject.

[Antoine Ben · Rating 4 out of 5]

Nice and informative, each chapter focuses on a different aspect of the global economy well, but there is no clear theme within the book. Just a great introduction to the most important features.

[Martina Kardzhilova]

Amazing and valuable book. Strong economic principles are explained in an extremely understandable way. Also, the glossary of economic terms is a great addition. I highly recommend.

[Lils · Rating 5 out of 5]

broad coverage off current finance and economics. recommend to anyone looking for the broad strokes without getting stuck in info overload.

[Adrian Lee · Rating 4 out of 5]

Provides a good introduction to the factors that drive the current world economy, and the extensive glossary was an interesting read.

[Neringa · Rating 3 out of 5]

just a brief touch on various topics, not much knew, but a good recap

[John Edward · Rating 1 out of 5]

If you've read an Econ textbook lately, you should be able to spot the overly simplistic theories and flat-out wrong conclusions.

[Kevin · Rating 3 out of 5]

The book is what it proclaims itself to be— an economics 101 to the modern economy. I would’ve wanted a more scrupulous analysis of blockchain and AI though.