Named for the common assertion that there is no such thing as a free lunch this book attempts to demystify economics. Updated to cover the financial crisis, Brexit and Covid, it uses simple ideas, such as drawing a comparison between the prices of houses and potatoes, to explain macroeconomic subjects such as GDP, money markets, and interest rate setting.
Free Lunch: Easily Digestible Economics is an engaging and accessible guide to understanding complex economic concepts. David Smith masterfully breaks down macroeconomic topics GDP, money markets, interest rate policies, and more using everyday examples like house prices and potatoes to make the material relatable. The revised 2022 edition adds timely discussions on the financial crisis, Brexit, and the Covid pandemic, making the book both current and practical. Whether you are a student, professional, or curious reader, Smith’s approachable style ensures that economics feels clear, understandable, and even enjoyable.