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Title: Naked Economics: Undressing the Dismal Science by Charles Wheelan ISBN: 0-393-32486-9 Publisher: W.W. Norton & Company Pub. Date: September, 2003 Format: Paperback Volumes: 1 List Price(USD): $15.95 |
Average Customer Rating: 4.7 (23 reviews)
Rating: 5
Summary: Excellent introduction
Comment: Economics is yet another field in which everyone has an opinion, and like (well, you know). But there is a substantial body of knowledge out there, and there is no reason for us (especially, us as voters) to be ignorant of it.
This could be read in every intro to econ class.
If you're a reader of Krugman's articles and books, but you feel like sometimes you don't really understand what he says, this will be a great book for you. Or if you just don't know about economics, this will be a great book for you.
(But after you read this book, I also recommend Krugman's writing. This book is the bird's eye view of economics, while Krugman looks at a few things in more detail.)
How does the Fed target interest rates and control money supply? I'd wondered this for quite a while, and here I got a straight answer to it.
It's recommended by several economics nobel prize winners, so its content must be solid.
Rating: 4
Summary: A readable, simple introduction to Economics
Comment: This small book is a great introduction to economics in a non text book format. The author's language is fluid and readable, not like a boring, stuffy textbook. He discusses everything from trade, inflation, fed rates, and the role of government. Sometimes informative, this book assumes hardly any economic knowledge from the reader, so it's really a beginner's book to economics. Anyone who took a simple economics course would probably not need to read big chunks of this.
Even though simplistic, it is a quick and fun read and I would recommend it to anyone who wants to get in on the ground floor. In the realm of few non-academic economics book, this book is probably the best. For example, it's definitely better than "The Armchair Economist".
Rating: 5
Summary: Naked Economics: Undressing the Dismal Science
Comment: Popular economics writing does not get any better than this. In a dozen somewhat independent chapters, journalist Wheelan presents "Economics 101" in a readable, objective, and delightful manner. Employing basic concepts and assumptions, such as choices, incentives, tradeoffs, prices, costs, and the economics of information, Wheelan cuts a large swath though contemporary microeconomic and macroeconomic issues, controversies, and fallacies. (He sneaks in more sophisticated theoretical points and jargon, e.g., externalities and the prisoner's dilemma, but in interesting, informative ways.) Topics include environmental problems, health care and insurance, risk and safety, education and productivity, the Federal Reserve System and monetary policy, financial markets and capital, inflation and unemployment, international trade and globalization, income and wealth inequalities, and economic development. Using anecdotes and applications galore, Wheelan treats both the power of markets and the role of government in a market economy (including special interest groups and the politics of economics). Devoid of graphs and mathematical equations (but not documentation), this book is quite simply a terrific, much-needed addition to the economics literature for intelligent general readers and must-reading for the media, government officials at all levels, and those who cast ballots and attempt to influence public policy. Highly recommended for general readers, lower- and upper-division undergraduates, and professionals.
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Title: Economics in One Lesson by Henry Hazlitt ISBN: 0517548232 Publisher: Three Rivers Press Pub. Date: 14 December, 1988 List Price(USD): $11.00 |
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Title: Sex, Drugs & Economics by Diane Coyle ISBN: 1587991470 Publisher: Thomson Texere Pub. Date: October, 2002 List Price(USD): $24.95 |
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Title: New Ideas from Dead Economists: An Introduction to Modern Economic Thought by Todd G. Buchholz, Martin Feldstein ISBN: 0452280524 Publisher: Penguin USA (Paper) Pub. Date: April, 1999 List Price(USD): $14.95 |
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Title: Armchair Economist: Economics And Everyday Experience by Steven Landsburg ISBN: 0029177766 Publisher: Free Press Pub. Date: 01 March, 1995 List Price(USD): $13.00 |
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Title: Hidden Order : Economics of Everyday Life, The by David D. Friedman ISBN: 0887308856 Publisher: HarperBusiness Pub. Date: 27 August, 1997 List Price(USD): $15.95 |
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