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Everyday Economics
HOW MONEY AND MARKETS REALLY WORKHOW DO BANKS WORK?WHY DO PRICES RISE OR FALL?WHAT CAUSES GLOBALIZATION?HOW CAN WE CREATE MORE WEALTH?EVERYDAY ECONOMICS answers these and other questions, not in the way that economics textbooks do—with graphs, abstract models, jargonridden theory, and mathematical equations—but through narrative and lucid explanation rooted in everyday experience and commonsense intuitions.This is a personal school of economics for anyone who has ever wanted to know how money, trade and markets really work. The study of economics has never been so enjoyable—or eyeopening.MADSEN PIRIE is the president of the Adam Smith Institute (www.adamsmith.org) and senior visiting fellow in Land Economy at the University of Cambridge. He frequently appears as a commentator on television and radio, and has published articles in most major British newspapers and magazines.
188 pages, Paperback
Published June 3, 2019
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About the author
Madsen Pirie
64 books27 followersBorn in Hull, Pirie is the son of Douglas Pirie and Eva Madsen. As a child, he attended the Humberstone Foundation School in Old Clee, Lincolnshire.
He graduated with an MA (undergraduate) in History from the University of Edinburgh (1970), with a PhD in Philosophy from the University of St Andrews (1974), and with an MPhil in Land Economy from Pembroke College, Cambridge (1997)
Before co-founding the Adam Smith Institute, Pirie worked for the United States House of Representatives. He was a Distinguished Visiting Professor of Logic and Philosophy at the private Hillsdale College, Hillsdale, Michigan, USA. Pirie was one of three Britons living in the United States who founded the Adam Smith Institute.
The Adam Smith Institute is a UK-based think tank that champions the ideas of free market policy. In January 2010 Foreign Policy and the University of Pennsylvania named the Adam Smith Institute among the top 10 think tanks in the world outside of the US. The Institute is "a pioneer of privatisation" in the UK and elsewhere. It has undertaken policy initiatives aimed at replacing state controls and monopolies with opportunities for competition choice in a broad area. The ASI proposed reforms in taxation, public services, transport and local government. It published Douglas Mason's original paper advocating a poll tax or community charge as it was later called.
His work in helping to develop the Citizen's Charter led to his appointment to the British Prime Minister John Major's Advisory Panel from 1991 to 1995.
Apart from his work with the Adam Smith Institute, Pirie is an author in several fields, including philosophy, economics, and science fiction.
He graduated with an MA (undergraduate) in History from the University of Edinburgh (1970), with a PhD in Philosophy from the University of St Andrews (1974), and with an MPhil in Land Economy from Pembroke College, Cambridge (1997)
Before co-founding the Adam Smith Institute, Pirie worked for the United States House of Representatives. He was a Distinguished Visiting Professor of Logic and Philosophy at the private Hillsdale College, Hillsdale, Michigan, USA. Pirie was one of three Britons living in the United States who founded the Adam Smith Institute.
The Adam Smith Institute is a UK-based think tank that champions the ideas of free market policy. In January 2010 Foreign Policy and the University of Pennsylvania named the Adam Smith Institute among the top 10 think tanks in the world outside of the US. The Institute is "a pioneer of privatisation" in the UK and elsewhere. It has undertaken policy initiatives aimed at replacing state controls and monopolies with opportunities for competition choice in a broad area. The ASI proposed reforms in taxation, public services, transport and local government. It published Douglas Mason's original paper advocating a poll tax or community charge as it was later called.
His work in helping to develop the Citizen's Charter led to his appointment to the British Prime Minister John Major's Advisory Panel from 1991 to 1995.
Apart from his work with the Adam Smith Institute, Pirie is an author in several fields, including philosophy, economics, and science fiction.
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