Man, Money, and Goods

Man, Money, and Goods

Man, Money, and Goods

Man, Money, and Goods

Excerpt

A few years ago I met a distinguished teacher of English who, when I was presented, said: "You're an economist? Oh! That subject! I flunked it in college. The fellow who taught me made pemmican out of what I have since learned is one of the most fascinating subjects on earth."

I have often thought of that since. Even as he said it, my desk was littered with manuscript for an introductory book that tried to avoid pemmican like the plague. For a while I wanted to name it "Economics for Those Who Flunked It." That book is now written, but it is not exactly for those who flunked it, I see. It is for them, yes, but it is also for those who never took a course in it, either because they didn't get to college or were scared away from economics or had an inferiority complex about it, as so many of us have about mathematics. And also for those who had tried to fill in the gap by reading books on their own, but had somehow been repelled by introductory textbooks, or completely bewildered by more advanced books. In short I wanted to write a book for mature, earnest, intelligent people who have a sincere interest in economic theory, but have never quite made contact with it: a book that might give readers a few happy hours with the "dismal science"— . . .

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