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Naked Economics - Undressing the Dismal Science (Paperback)

by Burton G. Malkiel (Foreword), Charles Wheelan (Author) "In 1989, as the Berlin Wall was toppling, Douglas Ivester, head of Coca-Cola Europe (and later CEO), made a snap decision ..." (more)

4.5 out of 5 stars See all reviews (13 customer reviews)

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Product details

Paperback: 260 pages
Publisher: W. W. Norton & Co.; Reprint edition (7 Oct 2003)
Language English
ISBN-10: 0393324869
ISBN-13: 978-0393324860
Product Dimensions: 20.8 x 14 x 2.3 cm

Average Customer Review: 4.5 out of 5 stars See all reviews (13 customer reviews)

Amazon.co.uk Sales Rank: 38,595 in Books (See Bestsellers in Books)
Popular in these categories:
#55 in Books > Business, Finance & Law > Economics > International Economics
#55 in Books > Business, Finance & Law > Economics > Theory & Philosophy

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Product Description

Book

Explains our global economy in a way that is—gasp!—actually entertaining.

Chicago Tribune

Clear, concise, informative, [and] witty.

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Inside This Book (Learn More)

First Sentence
In 1989, as the Berlin Wall was toppling, Douglas Ivester, head of Coca-Cola Europe (and later CEO), made a snap decision. Read the first page

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	62% buy the item featured on this page: Naked Economics - Undressing the Dismal Science 4.5 out of 5 stars (13) �7.49
	13% buy Free Lunch: Easily Digestible Economics 4.1 out of 5 stars (24) �5.36
	10% buy The Undercover Economist 3.9 out of 5 stars (55) �5.48
	8% buy Economics for Dummies 3.4 out of 5 stars (7) �7.97

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Customer Reviews

13 Reviews

5 star:		(9)
4 star:		(2)
3 star:		(1)
2 star:		(1)
1 star:		(0)

Average Customer Review

4.5 out of 5 stars (13 customer reviews)

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Most Helpful Customer Reviews

87 of 87 people found the following review helpful:

5.0 out of 5 stars The book to get for an insight into how economists think, 8 Dec 2004

By	"james_henry" - See all my reviews

Having studied economics at degree level and found much of the literature dry and inaccessible (but rewarding when you get into it), I have made it a bit of a hobby reading these sort of "economics is fun" style introductory books. (Note to self: perhaps you should get out more?)

Many of them (e.g. by David Friedman or Steven Landsburg) are a both well informed and a great read. However, they tend to come from just one perspective - a libertarian one which is unable to conceive that governments can do anything but harm nor private enterprise anything but good (this is an exaggeration, but not a huge one).

The strength of Naked Economics is that it takes a more balanced approach without abandoning the "rules" of the economic game. It is also well written, with clear and interesting real-world examples and robust but not overly complex reasoning.

For anyone wanting to read one book on economics which is enjoyable, explains the unique perspective economists have on the world, and is balanced about the range of political views they hold - this is the one.

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8 of 8 people found the following review helpful:

4.0 out of 5 stars Excellent reading and informative, 28 Nov 2008

By	S. Basak "sbasak" - See all my reviews (REAL NAME)

This is a very good for everyone! It explains basic tenetes of economics with examples. After reading this book you should be able to understand following topics at least:

Why a good government is necessary for good economy
Why poor countries remain poor
How Federal Bank/Bank of England etc. decides interest rate
What are inflation and deflation and how they affect our lives
Why government usually cajoles minority groups
How you pay stealth taxes
Why free trade actually helps everyone in long term
How corruption affects economy and well being of citizens
Why environmental groups don't always care for environments
Why sweatshops are good for all of us
Why a good economy should make everyone better off without making anyone worse off

There are no charts or equations. The language is lucid and the book is quite nice to read.

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33 of 37 people found the following review helpful:

5.0 out of 5 stars Dare I say, fun to read, 21 Jan 2003

By	"troyak" - See all my reviews

This review is from: Naked Economics: Undressing the Dismal Science (Hardcover)

A well-reasoned and insightful introduction to economics. Lined with analogies and real-world examples, Naked Economics is accessible to anyone considering picking up the book--not just econ majors. Wheelan displays a casual tone tempered by intimate knowledge of recent examples of economics at work in society. As the back cover pronounces, the book is without graphs, curves or equations, which can be a plus or minus depending on what you are after. But for those interested in learning more about economics in a straightforward and enjoyable read, Naked Economics fits the bill perfectly.

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Most Recent Customer Reviews

2.0 out of 5 stars Should be titled "In Praise of Capitalism"
This isn't a lousy book but I really didn't enjoy reading it or get very much out of it.

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5.0 out of 5 stars One of the best introductions....
Though this doesn't really ever touch the realm of university level economics it provides an incredible introduction to the subject and brings in plenty of historical and current... Read more

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Published on 21 Jul 2007 by J. W. S. Andrews

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