Useful only if you don't have the slightest clue of what economics is. The author tries to cover almost any economics related topic but saying that he scratches the surface is an understatement.
If you already have some (little) economics knowledge you would just enjoy the example that are provided to clarify the concepts with some interesting figure.
Good thing is that the chapters can be read following random order.
This nifty little volume packs a lot of information into a very small space, giving plenty of food for mental mastication to any economic neophyte. However, caveat emptor - it is a very one-sided (that's unilateral, for anyone who's read the book ;) )view on economic globalization.
Since I'm not an economist, I can't confirm with any certainty the veracity of Epping's assertions as to the greatness of globalization. And this book comes across rather like a paean to free-trade capitalism, paying the very briefest of lip-service to the effect of lowering or eliminating trade barriers on local economies.
Using one's common sense, the critical reader can locate the weaknesses in the gilded representation of globalization. Epping relies more on theory than practical concerns - people act correctly in theory, when they're only population numbers on a page. How individuals and corporations function in the real world is a different story (he doesn't really address how corporate corruption can seriously impair the capitalist ideal.) (And, hey, before anyone attacks me as being some crazy pinko left-over from the Cold War, I am proud to say I'm a capitalist - I just don't harbor any shiny-eyed Pollyanistic delusions that what I or rich investors or corporate heads do or advocate goes to further humanity. Capitalism is a brazen, unabashed harridan, not some sweet Greek goddess of wisdom and plenty.)
Basically, it's a fine, if heavily biased, jumping off point for anyone with little to no knowledge of economics. It's a pop-economics book - no citations, no bibliography, facile language and metaphors designed to accommodate those not among the economic cognoscenti. Overall, a decent and quick read which provides much food for thought - just don't take it as a Holy Writ and you'll be fine....Continua