Hi Russ,
> Ralph Corderoy writes:
> > Having lurked on this list for a while it's clear that a big
> > shortfall in my knowledge is that of economics. Putting aside the
> > jokes about three economists and four opinions has anyone got any
> > suggestions for books covering the topic?
>
> Economics or accounting? As a generality, economists don't care about
> a single business.
I think I'm OK on the basics of accounting; balance sheets, profit and
loss, etc., and have done the paperwork side of a Limited company in the
UK including payroll for the last six years.
It's more the national or international effects of interest rates,
inflation/deflation, strength of local currency, imports/exports,
balance of payments, devaluation (I didn't live through Callaghan's
devaluation of sterling by about 14% in 1967), etc., that I'd like to
get a handle on.
Take this short article from _The Times_ as an example.
Cut rates to prevent deflation, says Julius
http://www.timesonline.co.uk/printFriendly/0,,1-5-447308,00.html
I'd like the few bits it mentions to be second nature instead of having
to re-read a paragraph a few times.
Thanks to everyone for all the suggestions. I've built up a list for
the next trip to the local Borders bookshop.
Cheers,
Ralph.