The Oop: Simplifying Finance & Economics Through Basketball

“The Oop: Simplifying Finance & Economics Through Basketball” is a book that uses basketball to explain ten of the most important concepts in finance and economics: Scarcity, Supply and Demand, Cost-Benefit Analysis, Risk Tolerance, Asset Allocation, Net Worth, Liquidity, Time Value of Money, Compound Interest, and Inflation. What’s unique about this book is the author explains complicated concepts very simply, and brings the ideas home by using terminology and language that hoopers can understand. John McMichael meets the reader on his/her home court and puts these concepts where the reader can get them – from the casual basketball fan to the seasoned vet, this book is for everyone. This book was born just as much out of passion as necessity. John realized the need for financial literacy, yet the lack of outlets that truly address the demographics that need it the most. Furthermore, John wanted to use his passion for basketball as a tool to teach some of the most important yet dense concepts in a fun and innovative way.