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Naked Economics - Undressing the Dismal Science
 
 

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)
4.6 out of 5 stars See all reviews (11 customer reviews)
RRP: £11.99
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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: 4.6 out of 5 stars See all reviews (11 customer reviews)
  • Amazon.co.uk Sales Rank: 9,952 in Books (See Bestsellers in Books)

    Popular in this category:

    #13 in  Books > Business, Finance & Law > Economics > Theory & Philosophy

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Product Description

Review
Wheelan has an anti-Midas touch. If he touched gold he would turn it to life. -Burton G. Malkiel, from the foreword -- Burton G. Malkiel

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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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Naked Economics - Undressing the Dismal Science
70% buy the item featured on this page:
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£11.39
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Customer Reviews

11 Reviews
5 star:
 (8)
4 star:
 (2)
3 star:
 (1)
2 star:    (0)
1 star:    (0)
 
 
 
 
 
Average Customer Review
4.6 out of 5 stars (11 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
82 of 82 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
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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30 of 34 people found the following review helpful:
5.0 out of 5 stars Dare I say, fun to read, 21 Jan 2003
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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3 of 3 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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Most Recent Customer Reviews

4.0 out of 5 stars Clearly explained but read between the lines
For people like me who previously had little knowledge of how economics work, it is a very useful book as many real life examples are given to illustrate topics that might... Read more
Published 6 months ago by Onion Terror

5.0 out of 5 stars Excellent Book
A very well written economics book, which is neither to technical, nor to anecdotal, just right.
Published 9 months ago by jake the cake

5.0 out of 5 stars Economics for the curious
Wonderful little starter book to get you thinking about economic issues and a right wing way of thinking about them. Read more
Published 10 months ago by Mr. Matthew M. Hull

5.0 out of 5 stars You have got to read this!
I loved this book! As a complete beginner, I was looking for an introduction to economics that cut through - or at least explained clearly - the jargon that had previously put me... Read more
Published 12 months ago by Oxford Blue

3.0 out of 5 stars Good Informal Overview on the subject
This is a good book. I'll give it 3 stars because it basically had one premise and that is it: markets are best left alone without interference. Read more
Published 13 months ago by James T

5.0 out of 5 stars Excellent economics theory for both economists and non-economists.
The author manages to navigate this broad and interesting subject in a hugely enlightening and insightful manner. Read more
Published 20 months ago by N. Makwana

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
Published 22 months ago by Ibrahim Ali

5.0 out of 5 stars Outstanding
By far the best guide to Economics I have ever read. Highly recommended to those who feel that they ought to know more about the subject. Read more
Published 24 months ago by J. W. S. Andrews

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