ECONOMICS ISLAND

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First-time author Tony DeSisto delivers the entertaining tale of Economics Island, a fictional isle inhabited by various characters used to help illustrate basic economic principles. Along the way, DeSisto depicts the society’s evolution from a simple barter economy to a more complex, currency-based economy trading with international partners. The island’s economy challenges the conventional wisdom behind many traditional economic indicators, including the stock market, unemployment rate, gross domestic product and the housing market. DeSisto also introduces the idea of the perfect society, a place where goods and services are unlimited, to explain why there are only three real methods of growing the economy: increased productivity, increased efficiency, and increased trade surplus. Economics Island is an insightful, easy-to-read guide to economic principles and theory that is perfect for the burgeoning academic and curious amateur alike.

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