NEW YORK TIMES BESTSELLER • The book Jon Stewart (The Daily Show) hailed as “essential reading” for anyone who wants to “make informed decisions” and “have a basic understanding of the economy”: an illustrated guide to economics from one of the internet’s favorite financial educators.
“Few people can communicate how the economy actually works better than Kyla Scanlon.”—Morgan Housel, author of The Psychology of Money
Is our national debt really a threat? What is a “mild” recession, exactly? If you’re worried about your bank account balance, job security, or mortgage rate, what data should you be keeping tabs on?
For anyone trying to make sense of disorienting headlines, there’s no better interpreter than Kyla Scanlon. Through her trademark blend of witty illustrations, creative analogies, and insights from behavioral economics, literature, and philosophy, Scanlon breaks down everything you need to know about how money and markets really work. This indispensable handbook reveals the hidden forces driving key economic outcomes, the most common myths to steer clear of, and the dusty, outdated assumptions that constrain our political imagination, offering a bold new path to building a prosperous society that works for everyone.
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"Well if you were looking for an action book full of dragons and rocket ships then unfortunately you grabbed the wrong book. However if you want an easy straight forward view on how the economy works then this is the book for you. Kyla has a very direct and easy way to explain things. The book is interesting and definitely worth reading. In fact everyone should read and understand how markets work. The only thing I'd say that isn't perfect are the words written next to the hand drawn sketches, they seem a little unclear to read."
— Shawn (5/5)
Q&A
Published date: May 28, 2024
Language: English
No. of Pages: 304
Publisher: Crown
ISBN: 9780593727874
Dimensions:
7.56" W x
0.98" L x
9.54" H
“Kyla’s singular style is approachable, witty, and endlessly informative, helping readers decipher everything from the labor force to housing to what Jay Powell’s thinking.”—Kai Ryssdal, host of NPR’s Marketplace
“Kyla is a master at explaining even the most complex and arcane subjects with verve, wit and creativity—whether it’s the mechanics of the US debt ceiling, the ‘vibecession’ or the nuances of meme investing. We’re lucky we have Kyla around to show us how it all works.”—Tracy Alloway, Bloomberg journalist and co-host of the Odd Lots podcast
Kyla Scanlon is an economic commentator and Bloomberg contributor who specializes in human-centric analysis that demystifies the complex. She started her career as a car salesperson before becoming an associate at Capital Group, conducting macroeconomic analysis and modeling investment strategies.
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