Understanding Economics: Howard Yaruss Explains What Every American Should Know

Discover how understanding economics can empower everyday
Americans. Howard Yaruss joins Betsy Wurzel to explain inflation,
Social Security, Medicare, and the financial myths shaping our
daily lives.


In this enlightening episode of Chatting with Betsy, host Betsy
Wurzel talks with Howard Yaruss — economist, professor, attorney,
businessman, and author of Understandable Economics. Howard breaks
down how our economic system works in simple, practical terms that
every American can understand. Together, they explore some of the
biggest myths in today’s conversations about money, including
whether Social Security and Medicare are really “running out of
money,” why inflation happens, and what causes shrinkflation.

Howard explains why billionaire Warren Buffett pays a lower tax
rate than his secretary, how recessions develop, how national debt
works, and why consumer spending is the true engine of job
creation. Howard believes economic literacy gives people real power
to understand policies that affect their daily lives. As he notes,
“Our politicians work for us — we are their employers.” Betsy
shares that Understandable Economics is the first economics book
she has ever read, and she found it eye-opening and easy to
understand.

Betsy highly recommends it for anyone — high school and up — who
wants to understand the world around them in clear, everyday
language. Learn more about Howard Yaruss, his book, and his work at
his website or on Amazon and Barnes & Noble. Greater
understanding leads to greater empowerment — start learning how
economics shapes your daily life.

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