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Folksy but facile, disappointing
on 21 May 2014
This work starts off with an apologetic which could really do with a little more candour for it is an unashamedly simplistic attack on certain economic theories. It starts out as a folksy tale of how a barter economy based on fish slowly grows to grander things. Some of the basic elements of Economics 101 are here and well explained. But it's what is left out and glossed over that ultimately fails to deliver any sense of balance worth the name.
Economics, they say, is the "dismal science". And perhaps it is worthy of that name for it's dismal failures to predict and prevent so much that has cost our world a great deal. And perhaps, as with this book, it is because we have lost sight of what an economy is. For the economy is not the same as money. Money is how we measure an economy, but the economy itself is actually all the things that we do for each other - hopefully as efficiently and effectively as we can. Yet the very policies which they advocate led us to the abyss so it is a tad disingenuous to cast aspersions on the ideas of others trying to lead the world out of that abyss. Are any of these competing ideas right? This book won't reveal that though it does make strong assertions.
At the end I felt cheated by the one-sided perspective. Buy something else.