The author believes that graphs and mathematical models are not necessary for understanding economics because he thinks that clear, concise, and comprehensible language can explain economic concepts effectively. He emphasizes the importance of understanding the interconnections between different aspects of the economy and believes in the principle of Keynes Economics, which suggests that markets should work themselves out without government intervention. Therefore, he doesn't see the need for graphs or mathematical models in explaining these concepts.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
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