FIRST BOOK IN ECONOMICS

By Emanuel “Mike” Polioudakis

2007, 2008, and 2012

Do not copy, reproduce, or disseminate in any manner. All rights reserved by author.

Acknowledgements

I alone am responsible for any mistakes or silliness.

I thank: my wife, Nitaya, for patience and for reading a draft; many economists for thinking so well, the chief being Adam Smith and David Ricardo; Mr. Garrett for giving me Samuelson’s textbook to read in high school; Professor Fusfeld at the University of Michigan for a reading course in the history of economics; Norm Gross, Karen Dennis, and other friends in graduate school many years ago, for putting up with selfishness while I read and thought; students at Ohio University; Rob Burling for comments on my writing style in an old draft; Marshall Burns for reading a draft and for copy editing; and Guido Hulsmann for comments on the chapter on money.