Understanding The Economics of Capitalism

Many lay persons do not understand what is capitalism. Many people think capitalism is monopolism, exploitation or imperialism. Capitalism in theory has contributed immensely for the rapid transformation of the world economy. The reading of this book will assist the reader to grape the knowledge how this theory has helped to transform the western world economy. This book will help the reader to avoid the misconception about capitalism.

Dr. Peter Emeka Arinze holds a P.hD degree of California Coast University, M.Sc from East Texas State University and B.Sc from Georgia State University. Currently he is a professor of Economics, Head of Department of Banking and Finance and Deputy Director, Centre for Entrepreneurship Studies, University of Jos, Plateau State