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Seeks to provide a genuinely engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples. 15,000 first printing.
"Clear, concise, informative, witty and, believe it or not, entertaining." —Chicago Tribune 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 you were always too embarrassed to ask, the breezy Naked Economics gives readers the tools they need to engage with pleasure and confidence in the deeply relevant, not so dismal science. This revised and updated edition adds commentary on hot topics, including the current economic crisis, globalization, the economics of information, the intersection of economics and politics, and the history—and future—of the Federal Reserve.
Seeks to provide an engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples.
Seeks to provide a genuinely engaging and comprehensive primer to economics that explains key concepts without technical jargon and using common-sense examples. Reprint. 20,000 first printing.
International bestseller "Clear, concise, informative, [and] witty." —Chicago Tribune At last! A new edition of the economics book 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. This revised and updated edition includes commentary on hot topics such as automation, trade, income inequality, and America’s rising debt. Ten years after the financial crisis, Naked Economics examines how policymakers managed the worst economic crisis since the Great Depression. Demystifying buzzwords, laying bare the truths behind oft-quoted numbers, and answering the questions you were always too embarrassed to ask, the breezy Naked Economics gives you the tools to engage with pleasure and confidence in the deeply relevant, not so dismal science.
What if the protagonist in that age-old tale—boy goes to war, comes back a man—were a female? Shutterbabe, Deborah Copaken Kogan's remarkable debut, is just that: the story of a twenty-two-year-old girl from Potomac, Maryland, who goes off to photograph wars and comes back, four years and one too many adventures later, a woman. In 1988, fresh out of Harvard, Kogan moved to Paris with a small backpack, a couple of cameras, the hubris of a superhero, and a strong thirst for danger. She wanted to see what a war would look like when seen from up close, to immerse herself in a world where the gun is God. Naïvely, she figured it would be easy to filter death through the prism of her wide-angle lens. She was dead wrong. Within weeks of arriving in Paris, after knocking on countless photo agency doors and begging to be sent where the action was, Kogan found herself on the back of a truck in Afghanistan, her tiny frame veiled from head to toe, the only woman — and the only journalis — in a convoy of rebel freedom fighters. Kogan had not actually planned on shooting the Afghan war alone. However, the beguiling French photographer she'd entrusted with both her itinerary and her heart turned out to be as dangerously unpredictable as, well, a war. It is the saga of both her relationship with this French-man and her assignment in Afghanistan that fuels the first of Shutterbabe's six page-turning chapters, each covering a different corner of the globe and each ultimately linked to the man Kogan was involved with at the time. From Zim-babwe to Romania, from Russia to Haiti, Kogan takes her readers on a heartbreaking yet surprisingly hilarious journey through a mine-strewn decade, her personal battles against sexism, battery, and even rape blending seamlessly with the historical struggles of war, revolution, and unfathomable abuse it was her job to record. In the end, what was once adventurous to the girl began to weigh heavily on the woman. Though her photographs were often splashed across the front pages of international newspapers and magazines, though she was finally accepted into photojournalism's macho fraternity, with each new assignment, with each new affair, Kogan began to feel there was something more she was after. Ultimately, what she discovered in herself was a person -- a woman — for whom life, not death, is the one true adventure to be cherished above all.
"The best-selling author of Naked Statistics and Naked Economics explores the colorful world of money and banking to answer such questions as how money creation is used to counter financial crises, why the shared European currency has caused so much trouble and how Bitcoin will impact the future."--NoveList.
“Brilliant, funny . . . the best math teacher you never had.”—San Francisco Chronicle Once considered tedious, the field of statistics is rapidly evolving into a discipline Hal Varian, chief economist at Google, has actually called “sexy.” From batting averages and political polls to game shows and medical research, the real-world application of statistics continues to grow by leaps and bounds. How can we catch schools that cheat on standardized tests? How does Netflix know which movies you’ll like? What is causing the rising incidence of autism? As best-selling author Charles Wheelan shows us in Naked Statistics, the right data and a few well-chosen statistical tools can help us answer these questions and more. For those who slept through Stats 101, this book is a lifesaver. Wheelan strips away the arcane and technical details and focuses on the underlying intuition that drives statistical analysis. He clarifies key concepts such as inference, correlation, and regression analysis, reveals how biased or careless parties can manipulate or misrepresent data, and shows us how brilliant and creative researchers are exploiting the valuable data from natural experiments to tackle thorny questions. And in Wheelan’s trademark style, there’s not a dull page in sight. You’ll encounter clever Schlitz Beer marketers leveraging basic probability, an International Sausage Festival illuminating the tenets of the central limit theorem, and a head-scratching choice from the famous game show Let’s Make a Deal—and you’ll come away with insights each time. With the wit, accessibility, and sheer fun that turned Naked Economics into a bestseller, Wheelan defies the odds yet again by bringing another essential, formerly unglamorous discipline to life.
Debunking Economics exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking was published back in 2001, the market economy seemed invincible, and conventional 'neoclassical' economic theory basked in the limelight. Steve Keen argued that economists deserved none of the credit for the economy's performance, and that 'the false confidence it has engendered in the stability of the market economy has encouraged policy-makers to dismantle some of the institutions which initially evolved to try to keep its instability within limits'. That instability exploded with the devastating financial crisis of 2007, and now haunts the global economy with the prospect of another Depression. In this radically updated and greatly expanded new edition - this version of which includes fully integrated graphs and diagrams - Keen builds on his scathing critique of conventional economic theory whilst explaining what mainstream economists cannot: why the crisis occurred, why it is proving to be intractable, and what needs to be done to end it. Essential for anyone who has ever doubted the advice or reasoning of economists, Debunking Economics provides a signpost to a better future.
Naked Economics: Understanding the Dismal Science (2002, 2010) by Charles Wheelan offers a general introduction to the principles of economics. Putting economic principles into practice is often difficult to accomplish because the correct actions for stability and progress are often counterintuitive. Purchase this in-depth summary to learn more.
Debunking Economics exposes what many non-economists may have suspected and a minority of economists have long known: that economic theory is not only unpalatable, but also plain wrong. When the original Debunking was published back in 2001, the market economy seemed invincible, and conventional 'neoclassical' economic theory basked in the limelight. Steve Keen argued that economists deserved none of the credit for the economy's performance, and that 'the false confidence it has engendered in the stability of the market economy has encouraged policy-makers to dismantle some of the institutions which initially evolved to try to keep its instability within limits'. That instability exploded with the devastating financial crisis of 2007, and now haunts the global economy with the prospect of another Depression. In this radically updated and greatly expanded new edition, Keen builds on his scathing critique of conventional economic theory whilst explaining what mainstream economists cannot: why the crisis occurred, why it is proving to be intractable, and what needs to be done to end it. Essential for anyone who has ever doubted the advice or reasoning of economists, Debunking Economics provides a signpost to a better future.
Why did the West become so rich? Why is inequality rising? How ‘free’ should markets be? And what does sex have to do with it? In this passionate and skilfully argued book, leading feminist Victoria Bateman shows how we can only understand the burning economic issues of our time if we put sex and gender – ‘the sex factor’ – at the heart of the picture. Spanning the globe and drawing on thousands of years of history, Bateman tells a bold story about how the status and freedom of women are central to our prosperity. Genuine female empowerment requires us not only to recognize the liberating potential of markets and smart government policies but also to challenge the double-standard of many modern feminists when they celebrate the brain while denigrating the body. This iconoclastic book is a devastating exposé of what we have lost from ignoring ‘the sex factor’ and of how reversing this neglect can drive the smart economic policies we need today.
Political backstabbing, rank hypocrisy, and dastardly deception reign in this delightfully entertaining political satire, sure to lift one’s spirits far above the national stage. America is in trouble—at the mercy of a puzzling pathogen. That ordinarily wouldn’t lead to catastrophe, thanks to modern medicine, but there’s just one problem: the government supply of Dormigen, the silver bullet of pharmaceuticals, has been depleted just as demand begins to spike. Set in the near future, The Rationing centers around a White House struggling to quell the crisis—and control the narrative. Working together, just barely, are a savvy but preoccupied president; a Speaker more interested in jockeying for position—and a potential presidential bid—than attending to the minutiae of disease control; a patriotic majority leader unable to differentiate a virus from a bacterium; a strategist with brilliant analytical abilities but abominable people skills; and, improbably, our narrator, a low-level scientist with the National Institutes of Health who happens to be the world’s leading expert in lurking viruses. Little goes according to plan during the three weeks necessary to replenish the stocks of Dormigen. Some Americans will get the life-saving drug and others will not, and nations with their own supply soon offer aid—but for a price. China senses blood and a geopolitical victory, presenting a laundry list of demands that ranges from complete domination of the South China Sea to additional parking spaces at the UN, while India claims it can save the day for the U.S.
Air bags cause accidents, because well-protected drivers take more risks. This well-documented truth comes as a surprise to most people, but not to economists, who have learned to take seriously the proposition that people respond to incentives. In The Armchair Economist, Steven E. Landsburg shows how the laws of economics reveal themselves in everyday experience and illuminate the entire range of human behavior. Why does popcorn cost so much at the cinema? The 'obvious' answer is that the owner has a monopoly, but if that were the whole story, there would also be a monopoly price to use the toilet. When a sudden frost destroys much of the Florida orange crop and prices skyrocket, journalists point to the 'obvious' exercise of monopoly power. Economists see just the opposite: If growers had monopoly power, they'd have raised prices before the frost. Why don't concert promoters raise ticket prices even when they are sure they will sell out months in advance? Why are some goods sold at auction and others at pre-announced prices? Why do boxes at the football sell out before the standard seats do? Why are bank buildings fancier than supermarkets? Why do corporations confer huge pensions on failed executives? Why don't firms require workers to buy their jobs? Landsburg explains why the obvious answers are wrong, reveals better answers, and illuminates the fundamental laws of human behavior along the way. This is a book of surprises: a guided tour of the familiar, filtered through a decidedly unfamiliar lens. This is economics for the sheer intellectual joy of it.
A vision—and detailed road map to power—for a new party that will champion America’s rational center. From debt ceiling standoffs to single-digit Congress approval ratings, America’s political system has never been more polarized—or paralyzed—than it is today. As best-selling author and public policy expert Charles Wheelan writes, now is the time for a pragmatic Centrist party that will identify and embrace the best Democratic and Republican ideals, moving us forward on the most urgent issues for our nation. Wheelan—who not only lectures on public policy but practices it as well (he ran unsuccessfully for Congress in 2009)—brings even more than his usual wit and clarity of vision to The Centrist Manifesto. He outlines a realistic ground game that could net at least five Centrist senators from New England, the Midwest, and elsewhere. With the power to deny a red or blue Senate majority, committed Centrists could take the first step toward giving voice and power to America’s largest, and most rational, voting bloc: the center.
The Only Economics Book You Will Ever Need - A Library Journal 2012 Best Business Book of the Year Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists-when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor tackles all the key questions and hot topics of both microeconomics and macroeconomics, including: Why do budget deficits matter? What exactly does the Federal Reserve do? Does globalization take jobs away from American workers? Why is health insurance so costly? The Instant Economist offers the knowledge and sophistication to understand the issues- so you can understand and discuss economics on a personal, national, and global level.
Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's bestseller Capital in the Twenty-First Century, here are the great reads, seminal ideas and famous texts clarified and illuminated for all.
Man Vs. Markets by Paddy Hirsch of NPR’s “Marketplace” is economics explained, pure and simple, for the layperson who wouldn’t know a “bond” from an “option,” and who believes that a “future” is when we’ll all have flying cars. Here is an illuminating, insightful, and wonderfully witty journey of discovery through the often confusing financial markets, offering clear, relatable explanations and definitions of the system’s various instruments, yet less simplistically than the popular ...for Dummies series. Man Vs. Markets is a must-read handbook for everyday investors, serious students of finance and economics, and everyone who wants to understand what they’re reading when they open their newspapers to the business section.
A reexamination of the major economic theories of the past two hundred years discusses how long-dead, famous economists such as Adam Smith and others would handle today's economic problems.
The first major biography of V.S. Naipaul, the controversial and enigmatic Nobel laureate: a stunning writer whose only stated ambition was greatness, in pursuit of which goal nothing else was sacred. Beginning in rich detail in Trinidad, where Naipaul was born into an Indian family, Patrick French skillfully examines Naipaul’s life within a displaced community and his fierce ambition at school. He describes how, on scholarship at Oxford, homesickness and depression struck with great force; the ways in which Naipaul’s first wife helped him to cope and their otherwise fraught marriage; and Naipaul’s struggles throughout subsequent uncertainties in England, including his twenty-five-year-long affair. Naipaul’s extraordinary gift—producing, uniquely, masterpieces of both fiction and nonfiction—is most of all born of a forceful, visionary impulse, whose roots French traces with a sympathetic brilliance and devastating insight. From the Trade Paperback edition.