Provides key principles of both macro and microeconomics, discussing such issues as why budget deficits matter, what the Federal Reserve actually does, and why health insurance is so expensive. Full description
Louis Hyman attended Columbia University, where he received a BA in history and mathematics. A former Fulbright scholar and a consultant at McKinsey & Co., he received his PhD in American history in 2007 from Harvard University. He is currently an assistant professor in Cornell University's School of Industrial and Labor Relations, where he teaches history.