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Essay / Research Paper Abstract
This 4-page paper focuses on Buchholt'z "Here To Economy," and explores his ideas that the three greatest economic events were the industrial revolution, the Great Depression, and the information technology age. Bibliography lists 3 sources.
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4 pages (~225 words per page)
File: D0_MThereecon.rtf
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it tries to clarify it. "Most people respond to economists the way Henry Higgins reacted to women," Buchholtz says in the
introduction to his book. "Id be equally as willing for a dentist to be drilling . . . Id prefer a new edition of the Spanish inquisition." However, he points
out, while most people consider economics to be dry, tasteless and utterly boring, it cant be avoided. Unfortunately, economics, with its numbers, statistics (and representatives) has gotten the rap of
being a very boring social science. Buccholtz, with his book, is trying to spice it up somewhat. Economics, he points out, is the study of choices in a world thats
rife with scarcity - and there is nothing boring, or unnecessary about that. Buchholtz does this in two ways. First, he breaks
down huge reams of what makes up the economy into four sections - macroeconomics ("Hows the Economy Doing?:), microeconomics ("The Economists Toolbox: Microeconomics"); international economics ("The International Scene") and business
economics ("Making a Duck: Business Finance and Personal Investing"). He also throws in a history of economic thought and a personal favorite: "Greatest Hits of Economics." Who else would have
the guts to call Adam Smith, the so-called father of economics "not the brightest light in the galaxy?" Or who would consider John Maynard Keynes, who believed that government should
have a role in the economy as "the one you would like to be seated across from at a dinner party, for the witty and wise conversation?"
Buchholtz also classifies the three most important economic events since Adam Smith as the Industrial Revolution, the Great Depression and the Computer Revolution. It
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