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Naked Economics - Undressing the Dismal Science | 
 enlarge | Author: Charles Wheelan
Creator: Burton G. Malkiel
Publisher: W. W. Norton & Co.
Category: Book
List Price: £11.95
Buy New: £5.57
You Save: £6.38 (53%)
New (28) Used (12) from £5.57
Rating:  10 reviews
Sales Rank: 5663
Media: Paperback
Edition: Reprint
Pages: 260
Number Of Items: 1
Shipping Weight (lbs): 0.6
Dimensions (in): 8.2 x 5.5 x 0.9
ISBN: 0393324869
Dewey Decimal Number: 330
EAN: 9780393324860
ASIN: 0393324869
Publication Date: October 7, 2003
Availability: Usually dispatched within 1-2 business days
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| Customer Reviews: Read 5 more reviews...
 Excellent reading and informative November 28, 2008
S. Basak
1 out of 1 found this review helpful
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.
 Excellent Book October 10, 2008
jake the cake (uk)
A very well written economics book, which is neither to technical, nor to anecdotal, just right.
Economics for the curious August 26, 2008
Mr. Matthew M. Hull
0 out of 1 found this review helpful
Wonderful little starter book to get you thinking about economic issues and a right wing way of thinking about them. Easy to read and if a little biased, will give you a good insight to start thinking about more complex topics
You have got to read this! July 14, 2008
Oxford Blue (Oxford, UK)
0 out of 1 found this review helpful
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 off reading about the subject. This book does that brilliantly. It is accessible, informative, thought-provoking and entertaining. Many of the examples are interesting for their own sake, as well as illustrating a wider point, and I constantly found myself wanting to read out bits to my family - and did so. The American-ness of the book (which I was a little concerned about...)actually enhanced my reading experience, rather than detracted from it, which was a pleasant surprise. Overall, it made me want to read more about economics - although the next book I try will have its work cut out to live up to the standard of this one.
 Good Informal Overview on the subject May 29, 2008
Mouseman (England)
2 out of 3 found this review helpful
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. It didn't really tell me anything I didn't know or offer any particularly brilliant insights. He reasoned a lot of his argument on the notion of achieving "utility" - we do things to achieve our own selfish ends.
He explains the way the world works, but if you are of the opinion that the world aint working too great then you'll be disappointed because Mr Wheelan does not offer any solutions. All he wants is less government regulation and greater globalisation. He would say that though - it will make him richer.
He reasons that when each country or group of people is free to specialise then they become more productive. Which is true, but there are other issues to contend with. I think the main problem I had is that he talked as if economic wealth and achieving maximum productivity is all that matters. But to me, happiness is most important. Even he concedes in the book that the rich are no happier than the less well off.
He doesn't address the fact that big business has too much power either. Or the fact that despite greater real wages than previous generations, most of the wealth is concentrated at the top. Yes we probably work less, but we still work longer and harder hours than we should, I'd contend. Again he doesn't address this.
This book introduces the general reader to how governments govern their economy in an easy to understand way and it does provide a good overview. But, if you were looking for a book to tell you what is wrong with the world then this ain't it because according to Mr Wheelan, things are going fine.
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