From Here To Economy By Todd G. Buchholz

986 Words 4 Pages
Reading Todd G. Buchholz 's book: From Here to Economy A Shortcut to economic literacy, is a nice way to understand some economic concepts with it 's sometimes humorous examples and interesting questions he likes to ask. As Peter Passell says it is "A painless even entertaining way to learn the basics." On page three Buchholz says he wants to make economy "sizzle" instead of it being dry, tough, and tasteless like a dry steak and make economy easier to swallow. I think he did a good job, for the most part, there were still some parts in the book where the interest went away and it did get a little dry and tough. In this book, From Here to Economy Buchholz talks about many things, including recessions, inflation, micro-economics, monetary …show more content…
Sometimes books like this one need a little humor to keep hold of the audience. My favorite example of when Buchholz uses comedy is the first sentence on page thirty-three; "‘How big is the U.S. debt ' the Mexican asks, ‘About three trillion dollars, ' the American responds. ‘How much would that be in pesos? ' he asks the Mexican. ‘Oh that would be all of them. '" Another good example is on page ten and eleven when Buchholz says the business cycle has no pattern and it is like "pigeons deciding to flock overhead and release their droppings on the economy. We don 't know when they will come or how long it will …show more content…
There were two that caught my eyes. The first is when he explains why sometimes it is better to be unemployed for a little bit than to work. If you 're making nine dollars an hour at work you still have to pay out taxes with will cost around three dollars so your total salary is around six dollars an hour. If you were unemployed and had unemployment insurance then you would get paid four dollars and fifty cents an hour at home and not have to pay taxes so your paycheck would still be four dollars and fifty cents. It is only a dollar and fifty cent difference for doing whatever you wish to at home opposed to working all day. He even put a random fact that had me, thinking differently about unemployment. The fact was: "unemployment insurance doubles the number of people who stay unemployed for more than three months. Part four of this book, Making a Buck: Business Finance and personal investing are a great part of the book to read if you are a young adult. It is great because Buchholz talks about the risks that investors worry about like inflation, the safest and riskiest investments a person can make. He also talks about how to reduce the risks of

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