“What’s the difference between a recession and a depression,” asks a member of the public. “A recession is when you lose your job; a depression is when I lose mine,” replies an economist.
This is just one of numerous little jokettes that colour the pages of The Cartoon Introduction to Economics—a brilliant must-have for any student or teacher of economics or, indeed, anyone else interested in getting to know or simply recapping on the basics of a field that is currently positioned at the center of local, national and global decision-making. Read More »