What should everyone know about economics?

I think it's about time I learned a little more about how the economy works. I don't want to become an expert, just get a rudimentary understanding. What, in layman's terms and bite-sized bullet points, are the absolute must-know things about tax codes, interest rates, inflation, national debts, bubbles and bursting and all that?

Which websites or books do you suggest for someone dipping their toe into the subject?

What should everyone know about economics?

About akiramorikawa

superconnection . pattern-recognition . iDesign
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