Friedman makes clear once and for all that no one is immunefrom monetary economics-that is, from the effects of its theory andits practices. He demonstrates through historical events themischief that can result from misunderstanding the monetary system.Index.

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A comprehensive guide to understanding today's global economyfrom the author of the bestselling A Beginner's Guide to the WorldEconomy. While reporting on today's world, business and mainstream mediaalike use terms and mention trends that even the savviest consumermay find baffling. In his latest book, Randy Charles Epping usescompelling narratives and insightful analogies to clearly andconcisely explain the rapidly changing way business is done in thetwenty-first century, without a single chart or graph. Epping defines key ideas and commonly used words and phraseslike: Carbon footprint WTO Economy of scale NAFTA Outsourcing Epping also illustrates how central banks help navigate globalcrises and drive the global economy, discusses the benefits ofGreen Economics, shows how trade wars can be avoided, and explainsthe virtual economy, where multimillion dollar transactions takeplace in the blink of an eye. Complete with 89 easy-to-master tools for