Economics

Economics is more complex than most politicians make it out to be. However, that doesn’t mean that you can’t use the basic frameworks of economics to manage your money better or analyze the news. Or even tell when a politician is lying to you. With just a little time, you can learn about how the unemployment rate is really calculated. Perhaps more importantly, you can learn about the price of bacon at the grocery store. Here are three high-quality resources that will help you learn economics quickly and easily.

Free Online Economics Classes: Marginal Revolution University

By Tyler Cowen and Alex Tabarrok

Sponsored by George Mason University and the libertarian Mercatus Center, Marginal Revolution University provides 16 free courses on economics. Highlighted courses include:

Book: The Wealth of Humans

By Ryan Avent

Will robots take our jobs? Avent, a senior editor at The Economist, tackles what the latest technological revolution means for the future of work. I’ve touched on this book in a previous post. I imagine I’ll be referencing it for decades to come.

Podcast: Planet Money

By NPR

Need to kill time on your commute? The folks at National Public Radio have put together a podcast that does everything from interviewing the former Chair of the Federal Reserve to pumping oil out of the ground to learn about the oil supply. The comical hosts and reporters dive deep into compelling stories. Along the way, learn about everything from financial markets to unemployment. Best of all, it’s free.