Publisher's Synopsis
For the person with zero economics knowledge, this book provides a solid foundation. The information is easy to understand, using examples and simple logic instead of confusing graphs, charts, and and formulas. The book starts at the very beginning by explaining the purpose of an economic system. It explains in simple terms how new wealth is actually created, which no other book does in any terms. It covers the underlying differences between the main economic systems of capitalism and socialism, in terms of how wealth is initially created as well as distributed to the population. It cuts through the politics of the day and looks at common misunderstandings about wealth and the wealthy. The roles of governments in helping or hindering the process of wealth creation is discussed in simple and practical terms. You will have an ongoing "Ah-haa!" feeling as you learn what the 9 short chapters reveal. The information is easy to learn so it will sink in and stay with you for the rest of your life.
