Economic Literacy: What Everyone Needs to Know About Money & Markets
For those who still wonder at the "fairness" of charging interest for the use of money, the justification is nicely explained here. DeRooy, a director at Pennsylvania State University's School of Business Administration, explains all those economic concepts cited in the media with which readers may not be completely comfortable. He uses a question-and-answer format, loosely arranged in 26 articles, and illustrates many concepts more fully with personal vignettes. Easily read from cover to cover, this book can also be used as a reference tool; the index directs one to various terms that are boldfaced in the text, with summary explanations italicized and related articles indicated with a pointer. Despite the reputation of economics as the "dismal science," DeRooy has written a useful, gently humorous work that won't  scare off the number-shy with an overabundance of statistics. Public libraries should welcome this.?Alex Wenner, Indiana Univ. Libs., BloomingtonCopyright 1995 Reed Business Information, Inc.--This text refers to an out of print or unavailable edition of this title.