Allen W. Smith, Ph.D. has devoted much of his adult life to battling economic illiteracy, and his new book, DEMYSTIFYING ECONOMICS, released April 15, 2000 is his most powerful weapon yet in his 25-year crusade. ALA BOOKLIST described the book as "....An excellent resource for beginners as well as those seeking to review their understanding of economic principles. Smith's book, UNDERSTANDING INFLATION AND UNEMPLOYMENT, was an alternate selection of Fortune Book Club, and his textbook, UNDERSTANDING ECONOMICS, published by Random House, was used in more than 600 schools in 48 states. After teaching economics for 30 years, Smith retired as Professor of Economics at Eastern Illinois University in 1998 to become a full-time writer. Smith wrote a widely-read syndicated column on the economy from 1990-1993, and for the past six years, he has written a weekly philosophical column, "Contemplating Life," which currently appears in 14 newspapers.
Smith holds a B.S. in education degree from Ball State university and M.A. and Ph.D. degrees in economics from Indiana University.