The Fortune Encyclopedia of Economics

This encylopedia is fantastic!!!!! The authors write clearly and sensibly. I find it to be an extremely useful and convenient reference source. Armen Alchian's essay on property rights is particularly fine. I hope it is back in print soon.

This book is perfect for anyone age 14 and up trying to understand economics.Too many economics books muddy up the waters with dry bones statistics and other irrelevancies.This book presents the Big Picture of what REALLY matters...money flows,monetary policy,interest rates,wealth confiscation by inflation,free trade,right of contract,riskless society, etc..all of it in short little,to the point essays..like bullet point articles,explaining everything in language designed to impart knowledge..not to impress the reader with how smart the writer thinks he is.No wonder that Book Whatever in the review took issue with it's exposing of the failures of Marxism..they don't like to be reminded of them and of the misery their policies have perpetuated on mankind.

It's too bad that this excellent resource is out of print. I bought my copy when it was first published in the early '90s and have consulted it regularly ever since. Each article is clearly written and is nicely balanced -- neither too advanced nor vacuous. Editor David Henderson deserves loud applause for assembling such a stellar collection of essays.