Economics Books

Dive into the dynamic world of economics with our wide array of books in the Economics collection. From global financial systems to local economic policies, our selection offers insights by leading economists and scholars.

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Edible Economics: A Hungry Economist Explains the World

RM41.00 MYR

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If you enjoy a meal with a side of intellectual stimulation, "Edible Economics" could be your next favorite dish. Ha-Joon Chang blends culinary tales with economic concepts, making the complex world of global economics relatable and digestible. Imagine unraveling the mysteries of the free market while savoring stories of food and culture; this book is a full-course meal that satisfies both the mind and the curiosity.
Musings. Series One
Tai Ho Woon, George Yong-boon Yeo  | Wspc

Musings. Series One

RM152.00 MYR

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Goodreads rating: 4.33

RM152.00 MYR

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53% off est. retail
If you're drawn to books that not only provide a window into a leader's mind but also traverse a variety of weighty topics, George Yeo's "Musings" might pique your curiosity. It's like sitting down with a philosopher-statesman; Yeo's conversations with Woon Tai Ho cover everything from the personal to the global, offering insights into his vision for Singapore and reflections on international affairs. This book promises a reflective journey through the thoughts of a man who has seen Singapore's narrative intertwined with the world's.
The Sickness Is the System: When Capitalism Fails to Save Us from Pandemics or Itself

RM56.00 MYR

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56% off est. retail
If the recent world events have left you feeling uneasy about the state of our economic system, Richard D. Wolff’s "The Sickness is the System" could offer you a new perspective. It's thoughtful and provocative—a perfect read for anyone interested in understanding the root causes of economic and social issues, and exploring the possibility of alternative systems. Wolff's essays serve as a wake-up call, urging a collective rethink of what 'normal' means in today's world.
AI Superpowers: China, Silicon Valley, and the New World Order
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RM89.00 MYR

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Recommendations: 1. This book is a must-read for anyone interested in understanding the impact of AI on the global landscape. Kai-Fu Lee's expertise and insights provide a comprehensive analysis of the AI race between China and Silicon Valley. Through his unique perspective as an AI expert, he explores the profound changes that AI will bring to both blue-collar and white-collar jobs, and offers potential solutions for the future. 2. For those seeking to grasp the scope and implications of AI technology, this book offers a detailed examination of how AI will shape the job market. Lee's in-depth knowledge and clear explanations make this complex topic accessible to all readers. With its thought-provoking analysis, AI Superpowers will leave you with a fresh understanding of the forthcoming AI revolution and the importance of international cooperation in addressing its challenges.
Singapore Perspectives 2007: A New Singapore
Tarn How Tan | Wspc

Singapore Perspectives 2007: A New Singapore

RM67.00 MYR

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Goodreads rating: 0.0

RM67.00 MYR

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If you're keen to understand the intricacies of Singapore's development, "Singapore Perspectives 2007: A New Singapore" dives deep into the challenges and policy considerations that were shaping the nation at the time. Not just a historical snapshot, this edition offers valuable hindsight on Singapore's unique responses to global issues, particularly useful for policy enthusiasts, academics, or anyone interested in the dynamics of small, globalised economies.
Less Is More: How Degrowth Will Save the World

RM49.00 MYR

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Imagine a future where less consumption equals a richer life—for you and the planet. "Less Is More" by Jason Hickel serves as a guide through the challenging concept of degrowth, showcasing how scaling back can lead to a healthier environment and more equitable societies. If you're stirred by books that rethink the fundamental systems of our world, Hickel's perspective might just become the transformative outlook you're searching for.
"Factfulness" feels like a refreshing dose of clarity in a world where pessimism often takes the front seat. Hans Rosling's expertise in public health shines through as he dismantles misconceptions with hard data, making you question the lenses through which you view global progress. It's a book that doesn't just lay out the facts but teaches you how to think differently about them. If you ever feel overwhelmed by the doom and gloom of the news, this book could be the optimistic yet realistic perspective you need.
We've Got You Covered: Rebooting American Health Care

RM82.00 MYR

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If you're concerned or simply curious about the complexities of the American health insurance system and its potential overhaul, "We've Got You Covered" presents a deep dive from authoritative voices in economics. Einav and Finkelstein not only dissect the issues in the current setup but also offer a bold, systemic reform proposal, which could resonate if you're interested in policy, economics, or just want to understand what a transformed future of healthcare might look like.
Singapore Perspectives 2010: Home.heart.horizon - Thryft
Young-Soo Kwon | Wspc

Singapore Perspectives 2010: Home. Heart. Horizon

Regular price RM93.00 MYR RM89.00 MYR 4% off

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Goodreads rating: 3.5

Regular price RM93.00 MYR RM89.00 MYR 4% off

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64% off est. retail
Singapore Perspectives 2010: Home.heart.horizon could be a good read for those interested in gaining an in-depth understanding of contemporary Singaporean issues. This book examines a wide range of topics, from short-term challenges to governance, politics, economics and societal issues, providing a comprehensive overview of the current state of Singaporean society. Written by a group of experts from various fields, this book offers valuable insights and perspectives that can aid readers in developing a nuanced and critical understanding of Singapore's unique challenges and opportunities.
Enlightenment Now: The Case for Reason, Science, Humanism, and Progress

RM93.00 MYR

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If you're feeling overwhelmed by negative headlines, "Enlightenment Now" might be just what you need. Steven Pinker presents a compelling case that life is getting better across the globe, thanks to Enlightenment principles. It's a refreshing perspective backed by hard data and historical analysis that challenges doom and gloom narratives. This read could be a much-needed reminder of human progress and the potential for reason and science to improve our future.
Connectography: Mapping the Future of Global Civilization

RM45.00 MYR

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"Connectography" by Parag Khanna is a captivating guide for anyone interested in understanding the future of global politics and economics. It's a book that will stretch your mind by showing how traditional borders are becoming less important than the ties of trade, infrastructure, and technology. If you're looking to grasp the pulse of the 21st century and where our world might be heading, Khanna's insights offer a fresh and optimistic perspective amidst the often gloomy narratives of global affairs.
How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need
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RM60.00 MYR

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If you're someone deeply concerned about the environment and seeking insight from a technologically driven perspective, "How to Avoid a Climate Disaster" could speak to you. Through Bill Gates's eyes, you'll explore pragmatic ways in which technology and innovation can combat climate change. Gates's blend of optimism and actionable steps offers a refreshing look at how we can collectively tackle one of the most pressing issues of our time.
Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

RM34.00 MYR

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If you’re someone who feels that traditional economic models seem out-of-touch with today's environmental and social challenges, "Doughnut Economics" is a compelling read. Kate Raworth crafts an accessible, innovative approach to economics that resonates with contemporary concerns. It's refreshing, thought-provoking, and may just change the way you think about the economy's role in the world and our future. Plus, it's gaining traction among policymakers and activists, giving it practical relevance.
Beyond the Age of Innocence: Rebuilding Trust Between America and the World

RM37.00 MYR

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If you're looking to dive into the complexities of how America is viewed globally and the consequences of its foreign policies, Kishore Mahbubani's insights could offer a compelling read. With his background in diplomacy and philosophy, Mahbubani provides a unique perspective on the United States’ impact on the world stage, shaping your understanding of international relations and America’s role in the current geopolitical climate.
The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance
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RM34.00 MYR

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81% off est. retail
If the digital tide in finance piques your interest, "The Future of Money" will be enlightening. Eswar Prasad offers a deep dive into the evolving landscape where traditional banking and novel technologies, like cryptos, intersect. Reading this could be like having a front-row seat to witness—and understand—the revolution unfolding in your wallet and beyond. A crucial read as we navigate the ever-blurring lines between currency and technology.
The Viking Blitzkrieg AD 789-1098
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RM41.00 MYR

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49% off est. retail
If you're intrigued by how violent incursions can forge a nation's identity, "The Viking Blitzkrieg" might be your next favorite read. It’s not just about battles; it’s an exploration of cultural integration and the unforeseen consequences of Scandinavian invasions on English history. The Whittocks’ account connects the dots between Viking aggression and the building blocks of a unified England, making you rethink the impact of warfare on societal evolution.
Divided: Why We're Living in an Age of Walls
Tim Marshall | Elliott & Thompson

Divided: Why We're Living in an Age of Walls

RM52.00 MYR

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Goodreads rating: 4.01

RM52.00 MYR

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If you're keen on understanding the current geopolitical climate, "Divided" by Tim Marshall is a compelling choice. Marshall, known for his ability to distill complex international matters into digestible insights, delves into the reasons behind the increasing division in our world through walls, both literal and metaphorical. It's eye-opening and thought-provoking, perfect for those looking to grasp the nuances of why and how our societies are segmenting.
The Undercover Economist
New
Tim Harford | Abacus

The Undercover Economist

Regular price RM37.00 MYR RM31.00 MYR 16% off

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Goodreads rating: 3.81

Regular price RM37.00 MYR RM31.00 MYR 16% off

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62% off est. retail
Recommendation: - This book is a must-read for anyone curious about how the economy works. Tim Harford provides a fresh perspective on familiar situations, showcasing the hidden forces that shape our daily lives. From the secret economics of coffee to the truth behind immigration, "The Undercover Economist" will leave you with a newfound understanding of the world around you.
All Out War: The Full Story of How Brexit Sank Britain's Political Class
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RM41.00 MYR

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If you're eager to understand the tumultuous political shifts of 2016, "All Out War" is a timely dive into the Brexit vote complexities. Tim Shipman offers an insider's look at the paths to the UK's EU departure, filled with high-stakes decisions and political intrigue. It reads like a thriller, but it's all real—a gripping narrative for anyone fascinated by modern political strategy and the forces that shape history.
Hard Choices: Challenging the Singapore Consensus
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RM37.00 MYR

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70% off est. retail
Recommendation: Here's a thought-provoking book for those interested in understanding the changing landscape of Singapore. "Hard Choices : Challenging the Singapore Consensus" offers a deep dive into the complex policy and political conundrums that the country faces today. With its collection of essays, the book presents a radical perspective that calls for a rethinking of Singapore's policies and institutions. It challenges the assumptions that have shaped the country's exceptionalism, making it a captivating read for those seeking a fresh understanding of Singapore's future.
Behind the Scenes of the Property Market - Finding the Truths and Exposing the Lies of a Not-So-Transparent Industry
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RM34.00 MYR

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If you've ever felt lost navigating the property market, this book could be your compass. It doesn't just guide you; it empowers you by revealing the lesser-known facts and tactics that industry insiders would rather keep to themselves. Whether you're buying your first home or looking to invest, knowing the secrets uncovered in this read can give you that upper hand.
Truth, Errors, and Lies: Politics and Economics in a Volatile World
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RM89.00 MYR

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If you're intrigued by the complexities of global economics and politics, Kolodko's book might just be the deep dive you're seeking. His unique perspective as an architect of Poland's economic reforms lends credibility and a refreshing critique to conventional wisdom, particularly surrounding neoliberal policies. It's a thought-provoking read that doesn't shy away from questioning established norms and proposing new rules for our interconnected world.
The Post-American World: Release 2.0
Fareed Zakaria | W. W. Norton & Company

The Post-American World: Release 2.0

RM31.00 MYR

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Goodreads rating: 3.86

RM31.00 MYR

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64% off est. retail
If you're intrigued by global politics and shifting power dynamics, Fareed Zakaria's "The Post-American World" is a must-read. Zakaria offers a thought-provoking analysis that isn't fixated on America's decline but is instead an exploration of the rise of other nations on the world stage. His clear, insightful prose examines an evolving global landscape, providing a fascinating lens to view our current and future international relations.
If you've ever wondered why certain scientific truths seem controversial, "Merchants of Doubt" could offer some clarity. This book pulls back the curtain on the calculated campaigns that have shaped public opinion and policy on critical health and environmental issues. It's a compelling read for anyone interested in science, its misuse, and the impact on society.
The World Is Flat: The Globalized World in the Twenty-First Century
Thomas L. Friedman | Penguin Books

The World Is Flat: The Globalized World in the Twenty-First Century

Regular price RM34.00 MYR RM31.00 MYR 9% off

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Goodreads rating: 3.69

Regular price RM34.00 MYR RM31.00 MYR 9% off

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52% off est. retail
If you're intrigued by how technology bridges distances and creates a competitive global marketplace, "The World is Flat" is for you. Thomas L. Friedman takes you on a journey, explaining the complexities of globalization in a relatable way. It's like having a savvy guide walk you through the economic and social shifts that are shaping our interconnected world. With insights that can help you understand current events and what they mean for the future, this book feels like a necessary manual for anyone living in the 21st century.
Hot, Flat, and Crowded: Why the World Needs a Green Revolution - and How We Can Renew Our Global Future

RM41.00 MYR

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68% off est. retail
If you're passionate about the sustainability conversation and how it intersects with technology, economics, and politics, this Friedman masterpiece might ignite that spark within you. It's for anyone who seeks to understand the massive environmental and energy challenges we face and appreciates a mix of urgency and practical optimism. His "Geo-Greenism" concept blends a compelling vision with real-world mechanisms, offering readers a cohesive strategy for a healthier, wealthier future.
Future Is Asian
Parag Khanna | Simon & Schuster

Future Is Asian

RM30.00 MYR

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Goodreads rating: 3.7

RM30.00 MYR

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70% off est. retail
This book is a must-read for anyone interested in understanding the driving force behind the world's future. Parag Khanna takes us on a captivating journey through the diverse and vibrant continent of Asia, showcasing its immense potential and the transformative impact it is already having on the global stage. With insightful analysis and compelling storytelling, Khanna challenges prevailing misconceptions and highlights the crucial role Asia plays in shaping our collective future. Get ready to be inspired by the dynamic growth, innovation, and interconnectedness of the Asian continent.
Red Wired: China's Internet Revolution

RM15.00 MYR

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If you're fascinated by the intersection of technology and global economics, "Red Wired" dives right into how China's Internet boom is not only creating wealth but also reshaping its society and marketplace. This book may intrigue you with insider stories and expert analyses, revealing how technology is a game changer in the land of the Red Dragon. It's enlightening for anyone interested in the digital transformation of the world's most populous nation.
End This Depression Now!
Paul Krugman | W. W. Norton & Company

End This Depression Now!

RM39.00 MYR

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Goodreads rating: 3.94

RM39.00 MYR

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66% off est. retail
If you've felt the pinch of the Great Recession or just want to understand its complexities, Krugman's book is like having a brilliant economist friend explain it all over coffee. His conversational style demystifies the fiscal chaos while offering tangible solutions. It's a relevant read for anyone ready to move from gloom to growth.
What Does China Think?
Mark Leonard | Publicaffairs

What Does China Think?

RM41.00 MYR

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Goodreads rating: 3.67

RM41.00 MYR

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If you're intrigued by the rapid transformation and global impact of China and crave a deeper understanding beyond the headlines, "What Does China Think?" by Mark Leonard could be a compelling read for you. Leonard doesn't just paint a picture of China's growth; he takes you on a journey through the pulsing intellectual debates that could shape not only China's future but also the future of international relations and global dynamics.
Cool War: The Future of Global Competition
Noah Feldman | Random House

Cool War: The Future of Global Competition

RM49.00 MYR

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Goodreads rating: 3.6

RM49.00 MYR

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66% off est. retail
"Cool War" could be a good read for those interested in international affairs and the future of US-China relations. The author provides a balanced and wise analysis of the ongoing global struggle, emphasizing the economic interdependence of the two nations. He argues that competitive cooperation is the only way forward that can preserve peace and benefit both sides. The book offers a compelling case for why this standing is tenuous but not necessarily doomed to topple into a hot war.
First Responders: Inside the U.S. Strategy for Fighting the 2007-2009 Global Financial Crisis

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71% off est. retail
If you're fascinated by economic strategy and crisis management, "First Responders" offers a front-row view to one of the most harrowing financial periods in recent history. Witness the decision-making process of those at the helm during the 2007-2009 crisis, with in-depth analyses by the very people who steered the economy from the edge of ruin. It's an unmissable deep dive for anyone passionate about understanding how financial systems are saved.
Red Flags: Why Xi's China Is in Jeopardy
George Magnus | Yale University Press

Red Flags: Why Xi's China Is in Jeopardy

RM71.00 MYR

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Goodreads rating: 3.71

RM71.00 MYR

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If you're looking to understand the nuances and complexities of China's position on the global stage, "Red Flags" is a thought-provoking read. George Magnus doesn't just scratch the surface; he delves deep into economic policy, demographic hurdles, and political ideology, offering a comprehensive look at the potential stumbling blocks for China's future growth. This book is particularly timely and sure to provide valuable perspectives for anyone interested in international economics or political science.
Hot, Flat, and Crowded: Why the World Needs a Green Revolution - And How We Can Renew Our Global Future

RM49.00 MYR

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62% off est. retail
Hot, Flat, and Crowded by Thomas L. Friedman proposes a compelling vision for a sustainable future by emphasizing the importance of harnessing clean technology to combat climate change. The book, with its detailed analysis of the energy-climate era and governmental policies, is highly recommended for individuals looking for practical solutions to the greatest challenges facing humanity. The author's insightful perspective and forward-thinking mindset make it a fascinating read.
Future Is Asian - Thryft
Parag Khanna | Simon & Schuster

Future Is Asian

RM37.00 MYR

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Goodreads rating: 3.71

RM37.00 MYR

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63% off est. retail
Asia's growing influence on the world stage is undeniable, and "The Future Is Asian" offers a front-row seat to understanding the monumental shift. It's a book that could change the way you see geopolitical trends and economic growth. Parag Khanna's clear, on-the-ground perspective uncovers the depth of Asia's impact on the world's future, perfect for anyone interested in global affairs or economics.
The Future Is Asian: Commerce, Conflict, and Culture in the 21st Century

RM37.00 MYR

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72% off est. retail
"The Future is Asian" explores the complex and diverse realities of Asia and the emerging global order. The book offers a refreshing perspective on the region and its potential in shaping the future of the world. It is highly recommended for anyone interested in global affairs, business, or culture. Parag Khanna presents his unique insights with well-researched data, making it a must-read for anyone looking to understand the dynamics and trends reshaping our world.
Flashpoints - Thryft

RM67.00 MYR

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Recommendation: If you are interested in understanding the complex geopolitical landscape and want to gain insights into the future conflicts that may shape our world, "Flashpoints" is the book for you. George Friedman, a renowned geopolitical forecaster, combines history and cultural analysis to explain the fault lines that have led to past conflicts and examines the simmering tensions that are still present today. This book provides a riveting and informative account of how events in Europe will impact the rest of the world, offering both a cautionary tale and a glimpse into future opportunities.
Future Is Asian
Parag Khanna | Weidenfeld & Nicolson

Future Is Asian

RM37.00 MYR

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Goodreads rating: 3.7

RM37.00 MYR

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42% off est. retail
If you're intrigued by the seismic shifts in global power and economy, "Future Is Asian" provides a compelling dive into how Asia's growth is impacting the world. Khanna unpacks the complexity of the region with an insider's precision, offering a captivating narrative that's as educational as it is eye-opening. It's a must-read for anyone looking to understand the future landscape of global politics and economics.
Fooling Some of the People All of the Time: A Long Short Story

RM34.00 MYR

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64% off est. retail
If you're intrigued by the intricacies of financial markets and how one savvy investor could spot the cracks in the system way before anyone else saw them crumble, David Einhorn's "Fooling Some of the People All of the Time" is a fascinating journey. Einhorn offers an insider perspective that's rare to find in such detail. It's not just a memoir; it's a cautionary tale of how the financial industry can shield its sins even as it stands on the brink of disaster. Whether you're a finance professional or simply curious about the prelude to the 2008 crisis, this book will give you a richer understanding of the events that led up to it.
Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity

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66% off est. retail
If you're concerned about the widening gap between the wealthy and the rest, Stiglitz's "Rewriting the Rules of the American Economy" might just change the way you understand America's economic landscape. The Nobel laureate breaks down the flawed systems and offers a blueprint for fostering growth without sacrificing equality. It's a compelling read for those interested in economics, policy-making, or social justice, presenting complex issues in an accessible way.
Stuffed and Starved: The Hidden Battle for the World Food System

RM34.00 MYR

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If you've ever felt puzzled or outraged about the paradoxes present in global nutrition, "Stuffed and Starved" is more than an eye-opener; it's a clarion call. Raj Patel takes you on an investigative journey that digs deep into the food systems shaping our world. The book reveals stark realities and hopeful movements alike, making it an essential primer for anyone passionate about food justice and the true cost of what’s on our plates.
The Victory Lab: The Secret Science of Winning Campaigns

RM37.00 MYR

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If you're fascinated by the intersection of politics and data, "The Victory Lab" could be a treasure trove for you. This book peels back the curtain on the modern tactics campaign strategists harness to sway voters and win elections. It's like gaining VIP access to the control rooms of political campaigns, understanding how decisions are influenced by numbers and predictive modeling. Whether you're a political enthusiast or curious about the power of data analytics, the insights here make for an engaging and thought-provoking read.
Conspiracy of Fools: A True Story
Kurt Eichenwald | Broadway

Conspiracy of Fools: A True Story

RM49.00 MYR

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Goodreads rating: 4.2

RM49.00 MYR

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If you're fascinated by the catastrophic blend of greed, deception, and the dramatic collapse of a seemingly invincible corporation, "Conspiracy of Fools" is right up your alley. Kurt Eichenwald's intense reporting and vivid storytelling invite you into the eye of the storm, providing an engrossing fly-on-the-wall experience of one of the most infamous financial scandals of our time. You won't just read about the Enron implosion; you'll feel the tension, the arrogance, and the shockwaves it sent through the global economy.
Back to Work: Why We Need Smart Government for a Strong Economy

RM45.00 MYR

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If you're curious about how a former U.S. President views economic recovery and the role of government, "Back to Work" could be a stimulating read for you. Bill Clinton doesn't just critique but offers a thought-out plan full of concrete strategies, especially if you're interested in how green technology and government-private sector partnerships can drive progress. This book might just change the way you think about our collective economic future.
Combating Inequality: Rethinking Government's Role

RM75.00 MYR

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If you find yourself concerned with the increasing wealth gap and the diminishing prospects for the next generation, "Combating Inequality" might offer you some empirical optimism. It's not just an analysis of the problem; the book provides actionable strategies from notable economists and experts who have worked in the trenches of policy-making. This read could serve as a springboard for informed discussions or even inspire activism rooted in economic understanding.
If you're fascinated by how the digital landscape molds our future, "The New Digital Age" offers insights right from Silicon Valley's innovation frontlines. Imagine being guided through potential breakthroughs and global shifts by none other than Eric Schmidt of Google fame. This book doesn't just predict; it equips you to actively engage with the technologies shaping our lives, privacy, and security.
Billions at Play: The Future of African Energy and Doing Deals

RM45.00 MYR

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If you're curious about the intricate relationship between energy resources and economic growth in Africa, "Billions at Play" offers a seasoned perspective. N.J. Ayuk's expertise shines through as he advocates for stronger local involvement and strategic global partnerships to foster sustainable development. This isn't just a book—it's a deep dive into how Africans can harness their natural resources to shape a prosperous future. Whether you're in the energy industry or interested in international economics, you'll find this read both enlightening and empowering.
The World in Conflict: Understanding the World's Troublespots

RM49.00 MYR

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If you find yourself scrolling through news headlines with a sense of confusion or concern, John Andrews's "The World in Conflict" may be just what you need. It doesn't just list conflicts; it delves into the why and the how, giving you context and understanding. This book will arm you with knowledge and insight into the complex international affairs that shape our daily headlines. It’s perfect for those wanting to grasp the undercurrents shaping today's geopolitical climate.
Breakout Nations : In Pursuit of the Next Economic Miracles - Thryft

RM67.00 MYR

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57% off est. retail
Breakout Nations is a must-read for anyone interested in global economics and emerging markets. Sharma's insights and rules provide a unique perspective on how to identify the countries that will become the next economic powerhouses. Readers will learn surprising facts about developing countries and how they are redefining what manufacturing can do for a modern economy. The book is full of captivating narratives and will keep readers engaged while providing a clear picture of the current global economic landscape.
The Limits of Power: The End of American Exceptionalism

RM71.00 MYR

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If you're the kind of reader who enjoys thought-provoking critiques of national policies, "The Limits of Power" is right up your alley. Andrew Bacevich delves deep into the American psyche, unpacking concepts of exceptionalism and entitlement that shape U.S. politics and military strategy. It's a compelling read for anyone interested in understanding the roots of current American economic and political challenges.

Unlock the World of Economics

At Thryft, our Economics collection opens up pathways to understanding complex economic theories and real-world applications. Whether you’re interested in microeconomics, macroeconomics, or behavioural economics, our carefully curated selection is designed to enrich your knowledge. Discover works from Nobel laureates and renowned economists that are essential for students, professionals, and enthusiasts who crave a deeper understanding of the economy.