Naked Economics: Undressing the Dismal Science

Product Description:
Finally! A book about economics that won't put you to sleep. In fact, you won't be able to put this one down.

Naked Economics makes up for all of those Econ 101 lectures you slept through (or avoided) in college, demystifying key concepts, laying bare the truths behind the numbers, and answering those questions you have always been too embarrassed to ask. For all the discussion of Alan Greenspan in the media, does anyone know what the Fed actually does? And what about those blackouts in California? Were they a conspiracy on the part of the power companies? Economics is life. There's no way to understand the important issues without it. Now, with Charles Wheelan's breezy tour, there's no reason to fear this highly relevant subject. With the commonsensical examples and brilliantly acerbic commentary we've come to associate with The Economist, Wheelan brings economics to life. Amazingly, he does so with nary a chart, graph, or mathematical equation in sight—certainly a feat to be witnessed firsthand.

Economics is a crucial subject. There's no way to understand the important issues without it. Now, with Charles Wheelan's breezy tour, there's also no reason to fear it.

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Customer Reviews

Rating: - little help
I thought this book broke complicated goverment policies down into the terms of the average Joe, and it was greatly appreciated.
Rating: - somewhat clueless, now informed
i fall asleep so easily when reading boring slash educational books. during this one, however, i never felt the urge once and i learned a crazy lot
read it
Rating: - This will make you wonder why you didn't choose Economics as the career
This is the first book I read on macro economics. Trust me, it made me think I should have taken economics as my career. Its a terrific, insightful intro to macro economics. Author takes you through fundamentals of market economy, the role of goverment in it, how some countries mess it up, how simple the fundamentals are for buidling a rich and prosperous country etc. In the process he quotes lots of studies/papers done by great economists, Nobel prize winners. Usually just the title of those works ... Read More
Rating: - Want to See What Economics Looks At?
I took several economics classes in college (in fact, my major - not used later though), and they were uniformly boring and irrelevant. My profs and the texts taught the math and the basics, but not how to use economic reasoning to look at economic, fiscal, public policy, etc. problems. This was published before the current recession, but the analysis helps to understand what's going on.

This book will not help a student pass a class - no propensity to consume graphs, for example. However ... Read More
Rating: - Amazing little book!
I've been teaching economics for over 10 years, and came across this little gem last night. I spent the next few hours reading it completely. The author has a remarkable ability to explain economic concepts well without dumbing down the material. He also attempts to be balanced, bringing out the pros and cons of markets, as well as the public sector and the role of the government. That said, he comes out mostly in favor of markets and argues that the role of the government is important but minimal. This ... Read More