Thursday, August 31, 2017

Naked Money


I know that many economics teachers, including myself, use Charles Wheelan's Naked Economics as a supplementary reading in our introductory courses. He has a new book out, Naked Money that is a great book about monetary policy and the Federal Reserve. I am using it in my AP macroeconomics class. If you are new to teaching economics and want to learn about what money is, monetary policy, and the workings of the Federal Reserve, this is a great and understandable read, if you have been teaching economics for awhile and want to go deeper into why we do not have a gold standard anymore and the history of monetary policy in the United States, as well as FOREX markets, this book provides many thought provoking ideas.  Either way, it is worth picking up.

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