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Table of Contents

                            Title Page
Dedication
Prologue: Why Bother?
	Why Are People Not Very Interested in Economics?
	How Is This Book Different?
Interlude I: How to Read This Book
Economics: The Users Guide
	PART ONE: Getting Used to It
		Chapter 1: Life, the Universe and Everything
			Economics Is the Study of Rational Human Choice …
			… or Is It the Study of the Economy?
			Concluding Remarks: Economics as the Study of the Economy
			Further Reading
		Chapter 2: From Pin to PIN
			From Pin to PIN
			All Change: How the Actors and the Institutions of Capitalism Have Changed
			Concluding Remarks: Real-world Changes and Economic Theories
			Further Reading
		Chapter 3: How Have We Got Here?
			One Fucking Thing after Another: What Use Is History?
			Tortoise vs. Snails: the World Economy before Capitalism
			The Dawn of Capitalism: 1500–1820
			1820–1870: The Industrial Revolution
			1870–1913: High Noon
			1914–45: The Turmoil
			1945–73: The Golden Age of Capitalism
			1973–9: The Interregnum
			1980–Today: The Rise and Fall of Neo-liberalism
			Further Reading
		Chapter 4: Let a Hundred Flowers Bloom
			The One Ring to Rule Them All?: The Diversity of Approaches to Economics
			Cocktails or the Whole Drinks Cabinet?: How to Read This Chapter
			The Classical School
			The Neoclassical School
			The Marxist School
			The Developmentalist Tradition
			The Austrian School
			The (Neo-)Schumpeterian School
			The Keynesian School
			The Institutionalist School – Old and New?
			The Behaviouralist School
			Concluding Remarks: How to Make Economics Better
			Further Reading
			Appendix: Comparing Different Schools of Economics
		Chapter 5: Dramatis Personae
			Individuals as Heroes and Heroines
			Organizations as the Real Heroes: The Reality of Economic Decision-making
			Even Individuals Are Not What They Are Supposed to Be
			Concluding Remarks: Only Imperfect Individuals Can Make Real Choices
			Further Reading
		Interlude II: Moving On …
	PART TWO: Using It
		Chapter 6: How Many Do You Want It to Be?
			Output
			Income
			Happiness
			Concluding Remarks: Why Numbers in Economics Can Never Be Objective
			Further Reading
		Chapter 7: How Does Your Garden Grow?
			Economic Growth and Economic Development
			Industrialization and Deindustrialization
			Running Out of the Planet?: Taking Environmental Sustainability Seriously
			Concluding Remarks: Why We Need to Pay More Attention to Production
			Further Reading
		Chapter 8: Trouble at the Fidelity Fiduciary Bank Finance
			Banks and the ‘Traditional’ Financial System
			Investment Banks and the Rise of the New Financial System
			The New Financial System and Its Consequences
			Concluding Remarks: Finance Needs to Be Strictly Regulated Exactly Because It Is So Powerful
			Further Reading
		Chapter 9: Boris’s Goat Should Drop Dead
			Inequality
			Poverty
			Concluding Remarks: Why Poverty and Inequality Are Not Beyond Human Control
			Further Reading
		Chapter 10: I’ve Known a Few People Who’ve Worked
			Work
			Unemployment
			Concluding Remarks: Taking Work Seriously
			Further Reading
		Chapter 11: Leviathan or the Philosopher King?
			The State and Economics
			The Morality of State Intervention
			Market Failures
			Government Failure
			Market and Politics
			What Governments Do
			Concluding Remarks: Economics Is a Political Argument
			Further Reading
		Chapter 12: ‘All Things in Prolific Abundance’
			International Trade
			Balance of Payments
			Foreign Direct Investments and Transnational Corporations (TNCs)
			Immigration and Remittances
			Concluding Remarks: Best of All Possible Worlds?
			Further Reading
Epilogue: What Now?
	How to ‘Use’ Economics?
	So What?: The Economy Is Too Important to be Left to Professional Economists
	Final Thoughts: Easier Than You Think
Notes
Acknowledgements
Read More
Follow Penguin
Copyright Page
Footnotes
	Prologue: Why Bother?
		Page 6
		Page 7
	PART ONE: Getting Used to It
		Chapter 1: Life, the Universe and Everything
			Page 18
			Page 19
			Page 23
		Chapter 2: From Pin to PIN
			Page 32
			Page 34
			Page 36
			Page 38
			Page 41
		Chapter 3: How Have We Got Here?
			Page 53
			Page 75
			Page 84
			Page 97
			Page 105
		Chapter 4: Let a Hundred Flowers Bloom
			Page 111
			Page 112
			Page 116
			Page 117
			Page 118
			Page 124
			Page 128
			Page 129
			Page 133
			Page 136
			Page 142
			Page 145
			Page 152
			Page 157
		Chapter 5: Dramatis Personae
			Page 176
			Page 184
			Page 187
			Page 189
			Page 198
	PART TWO: Using It
		Chapter 6: How Many Do You Want It to Be?
			Page 213
			Page 215
			Page 217
			Page 218
			Page 221
			Page 223
			Page 229
			Page 230
		Chapter 7: How Does Your Garden Grow?
			Page 245
			Page 254
			Page 256
			Page 263
			Page 264
			Page 271
		Chapter 8: Trouble at the Fidelity Fiduciary Bank Finance
			Page 280
			Page 282
			Page 286
			Page 287
			Page 288
			Page 290
			Page 293
			Page 299
			Page 301
			Page 306
		Chapter 9: Boris’s Goat Should Drop Dead
			Page 319
			Page 320
			Page 329
			Page 330
			Page 341
		Chapter 10: I’ve Known a Few People Who’ve Worked
			Page 347
			Page 350
			Page 353
			Page 365
		Chapter 11: Leviathan or the Philosopher King?
			Page 377
			Page 385
			Page 386
			Page 395
			Page 398
		Chapter 12: ‘All Things in Prolific Abundance’
			Page 428
			Page 434
			Page 438