Item description for Economics for Helen by Hilaire Belloc, Alberto Piedra & Edward McPhail...
This classic introduction to the basics of economic theory offers a constructive approach to economic education by defining terms and introducing key concepts without using insider jargon and complex theories. The fundamental questions about why the economy fluctuates and how small farmers, small business people, families, consumers, and innovators are affected by these fluctuations are considered. Serious alternatives to modern economic theories are explained, with attention to the realities that have been largely unchanged through the last century.
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Est. Packaging Dimensions: Length: 0.5" Width: 5.75" Height: 8.5" Weight: 0.52 lbs.
Release Date Apr 1, 2005
Publisher Ihs Press
ISBN 1932528032 ISBN13 9781932528039
Availability 0 units.
More About Hilaire Belloc, Alberto Piedra & Edward McPhail
Hilaire Belloc was born at St. Cloud, France, in 1870. He and his family moved to England upon his father s death, where he took first-class honors in history at Balliol College in Oxford, graduating in 1895. It has been stated that his desire was to rewrite the Catholic history of both France and England. He wrote hundreds of books on the subjects of history, economics, and military science, as well as novels and poetry. His works include The Great Heresies, Europe and the Faith, Survivals and New Arrivals, The Path to Rome, Characters of the Reformation, and How the Reformation Happened.
Reviews - What do customers think about Economics for Helen?
Outstanding! Jun 23, 2008
In 1912, the great Hilaire Belloc wrote and had published one of his most important works, "The Servile State". But, though this book was well received, Belloc found that the general level of economics education in the reading public was quite poor. So, he wrote "Economics for Helen" as a needed corrective.
This very important and beautifully written short book embodies nothing less than a brief, though astoundingly accurate and complete, primer on economic science. Here, Belloc describes the essential elements of Production: Land, Labor, and Capital, and how these elements are controlled and employed in three very distinctive types of political economies: The Servile State, the Capitalist State, and the Distributive State. Belloc further argues, quite convincingly, that the Distributive State is the natural state of man, that the Capitalist State will inevitably degenerate into the Servile State, and that the Socialist State is a chimera. It is truly quite amazing how prophetic and accurate was Belloc's account written seven decades ago.
In Belloc's magnificent "Louis XIV", there is a chapter on banking. I remember, on reading this book and chapter, commenting that this chapter was absolutely the best short description of the terribly complicated science of banking that I had ever seen. And, to put these comments in context, I have an MBA degree with a concentration in Finance, during which I was the top student in my class in Money and Banking. And I've over ten years of experience in the commerical banking industry. This book represents an entire exposition of the complicated science of economics, written with the same outstanding and revealing clarity.
Belloc writes beautifully. Reading a Belloc is like having a conversation with an older, and very wise friend. You simply don't want it to end. But end it does. And the reader is always much better for the experience. Read this very important little book. And be richly blessed, and well informed, by the experience.