The book is best summarized as having a five steps
1. Brief discussion on how society develops knowledge.
2. Review of economic theories and their weaknesses.
3. Mathematical refutation of economic teachings.
4. Review of social pressures that drove economic theory development.
5. Recommendation to teach financial literacy instead of teaching unfounded economic theories that have no application in the real world.
The following three sections of the book are available for free download.
"High school students who read this book will face a dilemma. On one side they will find it hard afterward to navigate the confusions of textbook economics, and they may incur the impatience, even the wrath, of their teachers. On the other, they will have read a small jewel of clear thinking. And that could serve them well, later in life. May they choose wisely." -- James K. Galbraith, Lloyd M. Bentsen Jr. Chair in Government/Business Relations at The University of Texas at Austin
“Students expect course material presented by a professor to be truthful and honest. This book demonstrates that supply and demand curves are completely unfounded, and instead the book promotes investigation, logic, truth, and the mental practice of questioning political doctrine, all of which are vital for the development of our education systems and society as a whole." -- Nolan Glubke, St. Edwards University"
"A novel approach to economics; it takes it out of the classroom into the boardroom. It challenges traditional thinking on the subject and converts the principles of economics into a useful and practical financial planning guide for one’s individual needs through life.” Joseph Frisz – Citizen
The Truth about Economics