Navigate the economy with this insightful new book
The world is awash with economic information. Governments release reports. Pundits give their interpretation on television. And the stock market may go its own way, confusing everyone. How can you better understand what it means for you?
Big Picture Economics, a new book by award-winning columnist and futurist Joel Naroff and veteran journalist Ron Scherer, says the thread that ties everything together is "context".
The authors show how consumers, business, the Federal Reserve, and government take into account what's going on around them to make critical decisions like buying new products, building new factories, changing interest rates, or setting budget goals. The book provides a clear roadmap to understanding the whole story behind the global economy.
Big Picture Economics helps listeners understand how context impacts decisions and decision-makers:
Technology, such as intelligent drones to wearable computers, are changing the future.
I would retitle this, "lots of anecdotes in recent economic times, and maybe some useful stories and terminology for general background understanding." I do not find the repeated term "context" which jumps up willy-nilly, to lend any useful rigorous meaning or traction to understanding the twists and turns that have occurred. But for a person who has not followed this area closely over the last several years, there may be some useful info here.
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