How to Train Your Dog in ECONOMICS and Break Down the Main Ideas and Concepts of Market Science

Before you is an interpretation of the most important questions of economic theory, accessible to non-specialists (and even adorable puppies!). Monty is not a financial genius, but an ordinary dog, yet the life he leads day by day is also determined by economics. Seventeen walks with Rebecca Campbell, a lecturer at the London School of Economics and Political Science, will introduce the main economic concepts and how they affect each of us. There are no graphs or diagrams (after all, Monty cannot read them), and certainly no calculations, yet in a relaxed atmosphere, the complex question is addressed: what is economics really? A precise science, like mathematics and physics? Or a moral and philosophical inquiry into how societies should allocate scarce resources? Onward, to the comprehension of the main ideas of great thinkers, from Adam Smith to Thomas Piketty, and understanding how everything works in economics! 'Economics is both extremely important and incredibly complex. If something in economics seems obvious or simple, there is a high probability that you do not understand something. As Henry Louis Mencken said, for every complex question, there is a simple and straightforward answer that is fundamentally wrong... Economics deals with two levels of complexity: the human brain, which is the most complex thing in the universe, and the interaction of millions of human brains in markets. Nevertheless, I hope that these walks will help clarify economic questions.' (Rebecca Campbell)