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The Upside of Inequality

The Upside of Inequality
How Good Intentions Undermine the Middle Class

by Edward Conard

  • Publisher : Penguin
  • Release : 2016-09-13
  • Pages : 320
  • ISBN : 0698409914
  • Language : En, Es, Fr & De
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The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. The real problem is the government’s well-meaning but misguided attempt to reduce the payoffs for success. Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right. Now he’s back with another provocative argument: that our current obsession with income inequality is misguided and will only slow growth further. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent—rather than by labor or capital, as was the case historically. He uses this fresh perspective to challenge the conclusions of liberal economists like Larry Summers and Joseph Stiglitz and the myths of “crony capitalism” more broadly. Instead, he argues that the growing wealth of most successful Americans is not to blame for the stagnating incomes of the middle and working classes. If anything, the success of the 1 percent has put upward pressure on employment and wages. Conard argues that high payoffs for success motivate talent to get the training and take the risks that gradually loosen the constraints to growth. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. He urges us to stop blaming the success of the 1 percent for slow wage growth and embrace the upside of inequality: faster growth and greater prosperity for everyone.

Summary and Analysis of The Upside of Inequality: How Good Intentions Undermine the MIddle Class

Summary and Analysis of The Upside of Inequality: How Good Intentions Undermine the MIddle Class
Based on the Book by Edward Conrad

by Worth Books

  • Publisher : Open Road Media
  • Release : 2017-04-04
  • Pages : 30
  • ISBN : 1504045955
  • Language : En, Es, Fr & De
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Summary and Analysis of The Upside of Inequality: How Good Intentions Undermine the Middle Class Based on the Book by Edward Conard So much to read, so little time? This brief overview of The Upside of Inequality tells you what you need to know—before or after you read Edward Conard’s book. Crafted and edited with care, Worth Books set the standard for quality and give you the tools you need to be a well-informed reader. This short summary and analysis of The Upside of Inequality includes: Historical context Chapter-by-chapter overviews Important quotes Fascinating trivia Glossary of terms Supporting material to enhance your understanding of the original work About The Upside of Inequality: How Good Intentions Undermine the Middle Class by Edward Conard: New York Times–bestselling author Edward Conard argues in favor of an American economic system that results in massive income inequality. Breaking down the causes of inequality while dispelling many of the myths surrounding stagnating wages and financial disparity for the the lower and middle classes, Conard dismisses the call for wealth redistribution. He, instead, makes the case for lower taxes, less regulation of banks, restricted immigration, and lower trade deficits. The summary and analysis in this ebook are intended to complement your reading experience and bring you closer to a great work of nonfiction.

Fulfilling the Sustainable Development Goals

Fulfilling the Sustainable Development Goals
On a Quest for a Sustainable World

by Narinder Kakar,Vesselin Popovski,Nicholas A. Robinson

  • Publisher : Routledge
  • Release : 2021-08-31
  • Pages : 574
  • ISBN : 1000421287
  • Language : En, Es, Fr & De
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This book contains assessment of the progress, or the lack of it, in implementing the UN Sustainable Development Goals (SDGs). Through review of the assessments and of case studies, readers can draw lessons from the actions that could work to positively address the goals. The 2030 Agenda for Sustainable Development is designed to catalyze action in critical areas of importance to humanity and the planet. The effort to implement the SDGs, however, demands a sense of urgency in the face of environmental degradation, climate change, emerging conflicts, and growing inequality, among a number of other socio-economic problems. Five years after the launch of the 2030 Agenda, this book takes stock of how far the world has come and how we can position ourselves to achieve the global targets. The book is one of the first to assess how the implementation is impeded by the onset of COVID-19. It contains a special chapter on COVID-19 and the SDGs, while many thematic chapters on different SDGs also assess how COVID-19 adversely affects implementation, and what measures could be taken to minimize the adverse effects. This publication thus provides a fresh look at implementation of the SDGs highlighting impactful and creative actions that go beyond the business-as-usual development efforts. The volume reinforces this analysis with expert recommendations on how to support implementation efforts and achieve the SDGs through international and national strategies and the involvement of both the public and private sectors. The result is an indispensable textual tool for policy makers, academia, intergovernmental organizations (IGOs) and non-governmental organizations (NGOs), as well as the public, as we march toward the 2030 deadline.

The Capitalist Comeback

The Capitalist Comeback
The Trump Boom and the Left's Plot to Stop It

by Andrew Puzder

  • Publisher : Hachette UK
  • Release : 2018-04-24
  • Pages : 384
  • ISBN : 1478975423
  • Language : En, Es, Fr & De
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Andy Puzder, the former CEO of Carl's Jr. and Hardee's, says that "capitalism" is not a dirty word, and thankfully President Trump understands this; his pro-business policies will bring back economic growth and secure our future. As a successful CEO in the restaurant industry, Andy Puzder uniquely understands how important the profit motive is to our country's ultimate prosperity. Furthermore, as the grandson of immigrants, the son of a car salesman, and someone who worked his way up from earning minimum wage to running an international business, he has a first-hand view of how America's exceptional capitalist spirit can lift everyone to success. In 2016, the American people faced a stark choice between two very different presidential candidates. Hillary Clinton spent most of her adult life involved in politics and promised to uphold and advance the progressive legacy of President Barack Obama who had first won the White House on promises to "spread the wealth around." Donald Trump, on the other hand, came from the business world, was an unapologetic capitalist, used his own personal wealth as inspiration, and promised simply to "Make America Great Again." By choosing Trump over Clinton, the American people put a stop to decades of government expansion under progressive leadership, and they might just have saved our economy by doing so. America was once a land where everyone was encouraged to seek their fortune - the more prosperous our citizens, the more our whole society could in turn prosper. But leftist forces in the United States have been seeking to tarnish the pursuit of prosperity and to paint profit as an evil motivation fit only for greedy plutocrats. Andrew Puzder understands this first-hand after a progressive smear campaign stopped him from joining President Trump's cabinet. As Puzder explains in his new book, The Capitalist Comeback, this was an act of desperation from a left wing facing irrelevance with a pro-business president in the White House. From its roots in the Progressive Era to labor unions to education to entertainment to its political resurgence with avowed socialist candidates such as Bernie Sanders, Puzder traces the development of the anti-profit forces in the United States and shows how, under President Trump, they can be vanquished for good.

North Carolina beyond the Connected Age

North Carolina beyond the Connected Age
The Tar Heel State in 2050

by Michael L. Walden

  • Publisher : UNC Press Books
  • Release : 2017-08-31
  • Pages : 200
  • ISBN : 1469635739
  • Language : En, Es, Fr & De
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For years, North Carolina has been one of the nation's fastest-growing states, bringing tremendous change to the state's people, industries, jobs, places, environment, and government. Much of this change resulted from the information and technology revolution, which connected the state more fully to the country and the world. But we are now moving beyond the connected age, argues Michael L. Walden, to a new era of living, production, and work, and North Carolina faces not only unanswered questions about the past but also new challenges and opportunities visible on the horizon. What will these new transformations mean for the state's people, places, and prosperity? In this book, Walden lays out these looming economic issues and offers predictions of future trends as well as multiple policy options for taxation, infrastructure, and environmental issues. While the future cannot be perfectly predicted, Walden's expert analysis is mandatory reading for policy makers, business leaders, and everyday people seeking to prepare for upcoming changes in North Carolina's economy.

Issues for Debate in American Public Policy

Issues for Debate in American Public Policy
Selections from CQ Researcher

by CQ Researcher,

  • Publisher : CQ Press
  • Release : 2020-08-27
  • Pages : 448
  • ISBN : 154438663X
  • Language : En, Es, Fr & De
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Written by award-winning CQ Researcher journalists, this annual collection of nonpartisan and thoroughly researched reports focuses on 16 hot-button policy issues. The Twenty-Second Edition of Issues for Debate in American Public Policy promotes in-depth discussion, facilitates further research, and helps readers formulate their own positions on crucial policy issues. And because it is CQ Researcher, the policy reports are expertly researched and written, showing readers all sides of an issue. Because this annual volume comes together just months before publication, all selections are brand new and explore some of today’s most significant American public policy issues, including: Universal Basic Income; Inequality in America; The Healthcare Industry; Economic Impact of Coronavirus; Coronavirus and mental health; Presidential Primaries; Political Polling, and Much more! Package and save! Issues for Debate in American Public Policy: Selections from CQ Researcher, Twenty-Second Edition can be bundled with any SAGE | CQ Press title at a savings for your students. Contact your rep for more details.

Human Capitalism

Human Capitalism
How Economic Growth Has Made Us Smarter--and More Unequal

by Brink Lindsey

  • Publisher : Princeton University Press
  • Release : 2013-04-28
  • Pages : 144
  • ISBN : 1400846218
  • Language : En, Es, Fr & De
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What explains the growing class divide between the well educated and everybody else? Noted author Brink Lindsey, a senior scholar at the Kauffman Foundation, argues that it's because economic expansion is creating an increasingly complex world in which only a minority with the right knowledge and skills--the right "human capital"--reap the majority of the economic rewards. The complexity of today's economy is not only making these lucky elites richer--it is also making them smarter. As the economy makes ever-greater demands on their minds, the successful are making ever-greater investments in education and other ways of increasing their human capital, expanding their cognitive skills and leading them to still higher levels of success. But unfortunately, even as the rich are securely riding this virtuous cycle, the poor are trapped in a vicious one, as a lack of human capital leads to family breakdown, unemployment, dysfunction, and further erosion of knowledge and skills. In this brief, clear, and forthright eBook original, Lindsey shows how economic growth is creating unprecedented levels of human capital--and suggests how the huge benefits of this development can be spread beyond those who are already enjoying its rewards.

The Guise of Exceptionalism

The Guise of Exceptionalism
Unmasking the National Narratives of Haiti and the United States

by Robert Fatton

  • Publisher : Rutgers University Press
  • Release : 2021-04-16
  • Pages : 262
  • ISBN : 1978821336
  • Language : En, Es, Fr & De
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The Guise of Exceptionalism compares the historical origins of Haitian and American exceptionalisms. It also traces how exceptionalism as a narrative of uniqueness has shaped relations between the two countries from their early days of independence through the contemporary period. Exceptionalism is at the core of every national founding narrative. It allows countries to purge history of injurious stains, and embellish it with mythical innocence and claims of distinction. Exceptionalism also builds the bonds of solidarity that forge an imagined national fellowship of the chosen, but it excludes those deemed unfit for membership because of their race, ethnicity, gender, or class. Exceptionalism, however, is not frozen. As a social invention, it changes over time, but always within the parameters of its original principles. Our capacity to reinvent it is dependent on the degree of hegemony achieved by the ruling class, and if this class has the infrastructural power to gradually co-opt and include the groups it had once excluded.

The Economics of Inequality, Discrimination, Poverty, and Mobility

The Economics of Inequality, Discrimination, Poverty, and Mobility
A Book

by Robert S. Rycroft

  • Publisher : Routledge
  • Release : 2014-12-18
  • Pages : 488
  • ISBN : 1317457307
  • Language : En, Es, Fr & De
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Thoroughly classroom tested, this introductory-level text surveys what economists have to say about inequality (or income and wealth distribution), poverty, mobility - both intragenerational (within careers), and intergenerational (between generations) - and discrimination (on the basis of race, ethnicity, age, gender, and many other factors) in the United States. This text brings the undergraduate treatment of these issues up-to-date, featuring detailed, but not mathematical, examination of the economic theory underlying the analysis. There is a greater emphasis on mobility, on wealth accumulation, distribution and inheritance, and on discrimination law than in other texts. The author provides full and fair treatment of competing sides in several of the controversial issues in the field, written in such a way that instructors can use the text material to motivate a variety of classroom discussions. An Instructor's Manual featuring solutions to the end-of-chapter questions is available online to adoptors.

Rediscovering Social Economics

Rediscovering Social Economics
Beyond the Neoclassical Paradigm

by Roger D. Johnson

  • Publisher : Springer
  • Release : 2017-02-23
  • Pages : 191
  • ISBN : 331951265X
  • Language : En, Es, Fr & De
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This book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approaching the problem through a history of economic thought, Johnson reexamines Adam Smith’s contributions to show how they reach beyond neoclassical models that are too simplistic to reflect the growing interdependencies of market economies. He breaks down supposedly value-free neoclassical postulates to expose normative assumptions about economics and justice, demonstrating, for example, that the concept of market equilibrium is problematic because need-based behavior can produce involuntary unemployment even when a competitive labor market achieves equilibrium.

Stochastic Limit Theory

Stochastic Limit Theory
An Introduction for Econometricians

by James Davidson

  • Publisher : Oxford University Press
  • Release : 2022-01-04
  • Pages : 816
  • ISBN : 0192844504
  • Language : En, Es, Fr & De
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Stochastic Limit Theory has become a standard reference in its field. This new edition offers updated and improved results and an extended range of topics. It works both as a textbook and as an account of recent work in a field of particular interest to econometricians.

Hollowed Out

Hollowed Out
Why the Economy Doesn't Work Without a Strong Middle Class

by David Madland

  • Publisher : Univ of California Press
  • Release : 2015-06-24
  • Pages : 272
  • ISBN : 0520281640
  • Language : En, Es, Fr & De
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"For the past several decades, politicians and economists have thought that high levels of inequality were good for the economy. But an economy that works only for the rich simply doesn't work. Because the middle class is so weak, America's economy now suffers from the kinds of problems that plague less-developed countries. Privileged elites more frequently secure special treatment from a government that wastes money and stifles competition. Children's opportunities are excessively determined by the wealth of their parents. Societal distrust has increased, making business transactions needlessly difficult. Consumer demand has weakened and become unstable, which has helped fuel the Great Recession and has made the recovery painfully slow. As Hollowed Out explains, to have strong and sustainable growth, the economy needs to work for everyone and grow from the middle out. This new middle-out theory aims to supplant trickle-down economics--the theory that was so wrong about inequality and our economy and did so much damage to our nation. This new thinking has the potential to shape economic policymaking for generations."--Provided by publisher.

The Economics of Inequality, Discrimination, Poverty, and Mobility

The Economics of Inequality, Discrimination, Poverty, and Mobility
A Book

by Robert Rycroft

  • Publisher : M.E. Sharpe
  • Release : 2009-07-01
  • Pages : 129
  • ISBN : 076562821X
  • Language : En, Es, Fr & De
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Thoroughly classroom tested, this introductory-level text surveys what economists have to say about inequality (or income and wealth distribution), poverty, mobility - both intragenerational (within careers), and intergenerational (between generations) - and discrimination (on the basis of race, ethnicity, age, gender, and many other factors) in the United States. This text brings the undergraduate treatment of these issues up-to-date, featuring detailed, but not mathematical, examination of the economic theory underlying the analysis. There is a greater emphasis on mobility, on wealth accumulation, distribution and inheritance, and on discrimination law than in other texts. The author provides full and fair treatment of competing sides in several of the controversial issues in the field, written in such a way that instructors can use the text material to motivate a variety of classroom discussions. An Instructor's Manual featuring solutions to the end-of-chapter questions is available online to adoptors.

Economic Inequality in the United States

Economic Inequality in the United States
A Book

by Lars Osberg

  • Publisher : Routledge
  • Release : 2015-12-22
  • Pages : 308
  • ISBN : 1317289714
  • Language : En, Es, Fr & De
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Originally published in 1984, this study explores multiple theoretical perspectives as well as critically analysing the most recent evidence at the time to try and find a full explanation for inequality in the United States. Arguments of neoclassical economists and Marxist and institutional structuralists are considered by Osberg as well as putting forward his own model. Osberg uses his findings to attempt a complete explanation of the issue and advises on policies which could be undertaken by the government to try and lessen the gap. This title will be of interest to students of Economics.

The Grothendieck Inequality Revisited

The Grothendieck Inequality Revisited

by Ron Blei

  • Publisher : American Mathematical Soc.
  • Release : 2014-09-29
  • Pages : 90
  • ISBN : 0821898558
  • Language : En, Es, Fr & De
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The classical Grothendieck inequality is viewed as a statement about representations of functions of two variables over discrete domains by integrals of two-fold products of functions of one variable. An analogous statement is proved, concerning continuous functions of two variables over general topological domains. The main result is the construction of a continuous map $\Phi$ from $l^2(A)$ into $L^2(\Omega_A, \mathbb{P}_A)$, where $A$ is a set, $\Omega_A = \{-1,1\}^A$, and $\mathbb{P}_A$ is the uniform probability measure on $\Omega_A$.

Pre-Calculus For Dummies

Pre-Calculus For Dummies
A Book

by Krystle Rose Forseth,Christopher Burger,Michelle Rose Gilman,Deborah J. Rumsey

  • Publisher : John Wiley & Sons
  • Release : 2008-04-07
  • Pages : 408
  • ISBN : 0470169842
  • Language : En, Es, Fr & De
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Offers an introduction to the principles of pre-calculus, covering such topics as functions, law of sines and cosines, identities, sequences, series, and binomials.

Saving State U

Saving State U
Fixing Public Higher Education

by Nancy Folbre

  • Publisher : New Press, The
  • Release : 2010-02-02
  • Pages : 208
  • ISBN : 1595585311
  • Language : En, Es, Fr & De
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Once upon a time, students who were willing and able to work hard could obtain an affordable, high-quality education at a public university. Those times are gone. Intensified admissions competition coupled with opposition to public spending has scorched every campus. Budget cuts, tuition hikes, and debt burdens are undermining the best path to upward mobility that this country ever built. But despite all of this, Americans still embrace ideals of equal opportunity and know that higher education represents a public good. Students, faculty, staff, and advocates are beginning to build political coalitions and develop new strategies to improve access, enhance quality, and simplify financial aid. This book celebrates and will fortify their efforts. In Saving State U, economist Nancy Folbre brings the national debates of education experts down to the level of trying to teach—and trying to learn—at major state universities whose budgets have repeatedly been slashed, restored, and then slashed again. Here is a brilliant firsthand account of the stakes involved, the politics, and the key debates raging through public campuses today. In a passionate, accessible voice, Folbre also offers a sobering vision of the many possible futures of public higher education and their links to the fate of our democracy while looking at the practical ways in which change is now possible.

Catastrophic Risk

Catastrophic Risk
Business Strategy for Managing Turbulence in a World at Risk

by Richard L. Alfred

  • Publisher : CRC Press
  • Release : 2021-10-07
  • Pages : 220
  • ISBN : 1000434672
  • Language : En, Es, Fr & De
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Imagine that you are a corporate executive or small business owner in a midwestern city under water after weeks of extreme weather and drenching rainfall. Infrastructure has been damaged beyond repair, transportation arteries are closed, and your supply chain is broken. Families have been driven from homes, food and water are in short supply, and people are becoming unruly. Government agencies are not in a position to help. Declining revenue and partisan antipathy fueled by ideological differences have eroded confidence in government. The city is in total disrepair and unable to deliver desperately needed services. It is edging toward implosion and community leaders have turned to you for help. Catastrophe that would have been unthinkable in earlier times is a reality in a world coming out of pandemic and facing existential threats such as climate change, inequality and global conflict. Catastrophic Risk: Business Strategy for Managing Turbulence in a World at Risk challenges business to step up and assume a pivotal role with communities under stress due to prolonged exposure to risk. When powerful societal forces meet behavior that deters response to risk, the consequences of risk are exacerbated. The compounding effect of behavior on risk has opened an important role for business in mobilizing people and communities in times of crisis. It is a role that cannot be fulfilled, however, without purpose, strategy and plans sufficiently robust to overcome the threat of risk. To prosper in this environment, business will need to make a significant contribution to society as well as to deliver financial performance. For companies, this will mean involvement in community in ways that significantly depart from current practice. For leaders, it will mean new skills—contextual sensitivity, a greater understanding of behavioral dynamics, and enhanced capacity to relate to people on an emotive basis. This book is about the relationship between risk, societal forces and human behavior—a relationship informed by the sciences that is critically important for business. Its goal is two-fold: to bring catastrophic risk to the world of business and to further business engagement in service to the common good.

The Upside of Down

The Upside of Down
Catastrophe, Creativity, and the Renewal of Civilization

by Thomas Homer-Dixon

  • Publisher : Island Press
  • Release : 2010-04-16
  • Pages : 448
  • ISBN : 1597266302
  • Language : En, Es, Fr & De
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Environmental disasters. Terrorist wars. Energy scarcity. Economic failure. Is this the world's inevitable fate, a downward spiral that ultimately spells the collapse of societies? Perhaps, says acclaimed author Thomas Homer-Dixon - or perhaps these crises can actually lead to renewal for ourselves and planet earth. The Upside of Down takes the reader on a mind-stretching tour of societies' management, or mismanagement, of disasters over time. From the demise of ancient Rome to contemporary climate change, this spellbinding book analyzes what happens when multiple crises compound to cause what the author calls "synchronous failure." But, crisis doesn't have to mean total global calamity. Through catagenesis, or creative, bold reform in the wake of breakdown, it is possible to reinvent our future. Drawing on the worlds of archeology, poetry, politics, science, and economics, The Upside of Down is certain to provoke controversy and stir imaginations across the globe. The author's wide-ranging expertise makes his insights and proposals particularly acute, as people of all nations try to grapple with how we can survive tomorrow's inevitable shocks to our global system. There is no guarantee of success, but there are ways to begin thinking about a better world, and The Upside of Down is the ideal place to start thinking.

Pre-Calculus For Dummies

Pre-Calculus For Dummies
A Book

by Yang Kuang,Elleyne Kase

  • Publisher : John Wiley & Sons
  • Release : 2012-05-21
  • Pages : 408
  • ISBN : 1118239598
  • Language : En, Es, Fr & De
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The fun and easy way to learn pre-calculus Getting ready for calculus but still feel a bit confused? Haveno fear. Pre-Calculus For Dummies is an un-intimidating,hands-on guide that walks you through all the essential topics,from absolute value and quadratic equations to logarithms andexponential functions to trig identities and matrix operations. With this guide's help you'll quickly and painlessly get ahandle on all of the concepts — not just the number crunching— and understand how to perform all pre-calc tasks, fromgraphing to tackling proofs. You'll also get a new appreciation forhow these concepts are used in the real world, and find out thatgetting a decent grade in pre-calc isn't as impossible as youthought. Updated with fresh example equations and detailedexplanations Tracks to a typical pre-calculus class Serves as an excellent supplement to classroom learning If "the fun and easy way to learn pre-calc" seems like acontradiction, get ready for a wealth of surprises inPre-Calculus For Dummies!