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Review of Economic Literacy: Basic Economics with an Attitude by Frederick S. Weaver, Chocie 39(11), July 2002.

Frederick S. Weaver, professor of economics and history at Hampshire College, has produced an excellent, engaging, and concise introduction to economic theory and institutions. Rather than avoiding the use of economic concepts and jargon, he deliberately employs the language and analytic tools of academic economics “as a necessary step for readers to move beyond being passive consumers of other people’s conclusions” (p. x). The book’s six chapters are devoted to supply and demand, product and resource markets, gross domestic product and effective demand, fiscal and monetary policy, international trade and finance, and globalization. Each chapter contains a blend of theory and description. There are even a handful of graphs. Weaver’s writing style is lively and readable. While clearly aimed at general readers, lower-division undergraduates will also profit greatly from reading this book.

David A. Latzko
Business and Economics Division
Pennsylvania State University, York Campus
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