The Shortest History of Economics

Explore the human story of economics ...'The secret of economics is that the most powerful insights come from a handful of big ideas that anyone can follow.'This small book tells a big story. From ancient times to the modern world, The Shortest History of Economics unearths the hidden economic forces behind war, innovation and social transformation. It traces how capitalism and the market system emerged, and introduces the key ideas and people who shaped the discipline of economics.From the emergence of agriculture to the warming of our planet, Andrew Leigh weaves a fascinating narrative punctuated by expert insights into key moments in human history. He reveals the radical origins of the game of Monopoly, why the invention of the plough led to gender inequality, how certain diseases shaped the patterns of colonialism, the reasons skyscrapers emerged first in American cities, and much more.The result is an illuminating, entertaining book about the economic ideas and forces that shape our world.'This "short" book is bursting with insights about economics, illustrated by memorable stories and historical events. People who are curious about but confused by economics will learn enough from this volume to be conversant for life. Andrew Leigh is not only an engaging writer, he is charming and fun as well - something that cannot be said of all economists!' - Caroline M. Hoxby, Donya Bommer Professor of Economics, Stanford University'If you read just one book about economics, make it Andrew Leigh's clear, insightful, and remarkable (and short) work. Learn why we are richer, live longer, have healthier children, are monumentally more productive and are happier than our ancestors.' - Claudia Goldin, Nobel Laureate, Henry Lee Professor of Economics, Harvard University'Leigh takes the reader on an engaging romp through key moments in the world's economic history that created the economies we see today around the globe. It is essential reading for anyone looking to understand today's economy.'- Betsey Stevenson, Professor of Economics, University of Michigan, and co-author of Principles of EconomicsTable of Contents-1. Out of Africa and into Agriculture2. The Grand Canal, the Printing Press andthe Plague3. The Age of Sail4. The Industrial Revolution and theWealth of Nations5. Trade, Travel and Technology Take Off6. Economic Models and the Modern Factory7. World War I and the Depression8. World War II and Bretton Woods9. The Glorious Thirty?10 .Markets, Markets Everywhere11.I nflation Targeting and Inequality12. Hot Markets and a Hotter Planet13. The Pandemic and Beyond

Andrew Leigh is a member of the Australian Parliament. He holds a PhD from Harvard University, and is a fellow of the Academy of Social Sciences in Australia. Before being elected in 2010, he was a professor of economics at the Australian National University. His books include The Shortest History of Economics, The Luck of Politics and Randomistas. His forthcoming book is Battlers and Billionaires.

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