For the educated reader without formal training in economics, this volume analyses several central principles of economics and how they relate to enduring questions such as poverty, inequality, and sustainability. Discusses common economic mistakes, how we can avoid them, and how doing so can enable public and private prosperity.
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'Otteson, a philosopher, has written for non-economists the best short introduction to economics, and to a wider political economy. It is lucid, generous, open-handed yet thorough, and solidly based scientifically. Come to think of it, most economists should read it, too. They might stop using 'philosophical' as a term of contempt, and get back to an Adam-Smithian depth of understanding.' Deirdre McCloskey, University of Illinois, Chicago