The general population of the United States lacks knowledge of how the US economy works. We live our lives and rely on our employers to pay us for work, never realizing the fundamental mechanisms of where money comes from and how it passes through our society. The US school system fails in teaching the basics of money and economics. Grasping an understanding of economic fundamentals is a great starting point in moving toward financial literacy and financial independence in our lives. Stratobooks recommends Adam Smith for the most basic understanding of our western capitalistic system.
From Wikipedia;
www.StratoBooks.com
From Wikipedia;
"An Inquiry into the Nature and Causes of the Wealth of Nations" is the magnum opus of the Scottish economist Adam Smith. It is a clearly written account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written for the generally educated individual of the 18th century - advocating a free market economy as more productive and more beneficial to society.
The work is credited as a watershed in history and economics due to its comprehensive, largely accurate characterization of economic mechanisms that survive in modern economics; and also for its effective use of rhetorical technique, including structuring the work to contrast real world examples of free and fettered markets.
Expanding Your Mind at The Speed Of Life!
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