... 50 economics ideas you really need to know Edmund Conway First published in 2009 This ebook edition published in 2013 by Quercus ... encompasses history, politics, psychology and, yes, the odd equation or two If it is history’s job to tell us what mistakes we’ve made over the past, it is up to economics to work out how to things ... were happy to pay extra purely in order to distinguish themselves from their run-ofthe-mill white laptop neighbours Elastic fantastic Sometimes supply and demand take a while to respond to changes...