Rupal Patel and Jack Meaning are economists at the Bank of England, the UK's central bank. Founded in 1694, the Bank of England was created to 'promote the public good and benefit of the people'. How it does so has changed a bit since then, but the Bank still plays a crucial role in the economy - printing money, setting interest rates and regulating the financial sector. Since 2017, the Bank's staff have been on a mission to get outside the City of London and promote economic literacy across the UK- whether by delivering talks in schools, running Citizens' Panels on people's economic experiences, or, now, publishing this nifty primer on economics.
If you feel you should understand how economists think but have no
idea where to start, this book is the answer . . . The Bank should
be congratulated on this effort at education. Buy this book for the
inquiring person, young, old or in between.
*Financial Times*
A well-written treat . . . Using examples including the Bank of
England canteen, The Simpsons and Beanie Babies, the authors
encourage us all to understand, and even challenge, what economists
do.
*Professor David Spiegelhalter, author of THE ART OF
STATISTICS*
An enjoyable introduction to the so-called dismal science . . .
Patel and Meaning have done an admirable job in simplifying and
popularising some of the key elements of their subject.
*The Times*
A great place to start your economic journey. With the Bank of
England as your guide, this accessible book shows how economics
affects so many aspects of our daily lives.
*Dr Linda Yueh, author of THE GREAT ECONOMISTS*
A well-timed attempt to show the public what goes on inside the
Bank of England - and familiarise them with some basic economic
concepts . . . Punctuated with jaunty anecdotes and neat
examples.
*Guardian*
A good introduction to concepts such as inflation, quantitative
easing, supply and globalisation.
*New Statesman*
A very readable guide to economics . . . contains some great facts
. . . Entertaining.
*Daily Mail*
Economics affects every aspect of our lives, but it can often seem
like an inaccessible, off-puttingly jargon-laden subject. This is
the guide you need! An entertaining and essential read at a time
when understanding how our money, governments and banks interact
has never felt more important.
*Laura Whateley, author of MONEY: A USER'S GUIDE*
The authors want to inspire a new generation of economists, both at
school level and among older students . . . If Patel and Meaning
could help turn that tide, they will have performed a great public
service.
*Daily Mail*
[One of] a range of accessible introductory books that can give
people a basic understanding of the subject that may even prompt
them to dig deeper . . . A great primer.
*City A.M.*
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