Wealth, Trade, Prices, and Money

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Greenfield's storyteller's book of economic theory is absolutely wonderful, a real coup. It teaches key lessons of economic theory and does so in an extremely readable, pleasurable manner. And it achieves all this without sacrificing content, depth, or profundity. It's a miracle of good writing that Greenfield combines these characteristics in a single volume. Novices and professional economists alike can read his book with profit. Indeed, when I read the chapters on monetary theory, I learned things that I hadn't seen before. And all because of the way Greenfield tells the tale." --Thomas M. Humphrey, editor, Federal Reserve Bank of Richmond, Economic Quarterly "Greenfield's English is flawless.Even on the microeconomics side, Greenfield puts the emphasis where it belongs, on the system as a whole.... He gives an exemplary treatment of both the 1929-1941 depression and the WWII-era inflation, as well as a very lucid discussion of a monetary system that would have worked better...." --Leland B. Yeager, McIntire Professor (Emeritus), University of Virginia, von Mises Distinguished Professor (Emeritus), Auburn University "The stories are very interesting, some are really quite charming. Greenfield is an excellent expository writer." --Hugh Rockoff, Rutgers University