Wealth, Trade, Prices, and Money

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