Naked Economics: Undressing the Dismal Science
“Explains our global economy in a way that is (gasp!) actually entertaining.”—Book Magazine\ Finally! A book about economics that won’t put you to sleep. In fact, you won’t be able to put this bestseller down. In our challenging economic climate, this perennial favorite of students and general readers is more than a good read, it’s a necessary investment—with a blessedly sure rate of return. Demystifying buzzwords, laying bare the truths behind oft-quoted numbers, and answering the questions...
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Finally! A book about economics that won't put you to sleep. In fact, you won't be able to put this one down.
Foreword Burton G. Malkiel ixIntroduction xviiAcknowledgments xxvii1 The Power of Markets: Who feeds Paris? 32 Incentives Matter: Why you might be able to save your face by cutting off your nose (if you are a black rhinoceros) 303 Government and the Economy: Government is your friend (and a round of applause for all those lawyers) 544 Government and the Economy II: The army was lucky to get that screwdriver for $500 805 Economics of Information: McDonald's didn't create a better hamburger 1046 Productivity and Human Capital: Why is Bill Gates so much richer than you are? 1267 Financial Markets: What economics can tell us about getting rich quick (and losing weight, too!) 1488 The Power of Organized Interests: What economics can tell us about politics 1759 Keeping Score: Is my economy bigger than your economy? 19110 The Federal Reserve: Why that dollar in your pocket is more than just a piece of paper 21811 International Economics: How did a nice country like Iceland go bust? 24312 Trade and Globalization: The good news about Asian sweatshops 27013 Development Economics: The wealth and poverty of nations 294Epilogue Life in 2050: Seven Questions 317Notes 327Index 339
\ Chicago Tribune“Translates the arcane and often inscrutable jargon of the professional economist into language accessible to the inquiring but frustrated layman. . . . Clear, concise, informative, [and] witty.”\ \ \ \ \ Chicago TribuneTranslates the arcane and often inscrutable jargon of the professional economist into language accessible to the inquiring but frustrated layman. . . . Clear, concise, informative, [and] witty.\ \ \ Burton G. Malkiel“Wheelan has an anti-Midas touch. If he touched gold he would turn it to life. —Burton G. Malkiel, from the foreword”\ \ \ \ \ Book“Explains our global economy in a way that is—gasp!—actually entertaining.”\ \
