Naked Economics: Undressing the Dismal Science Free Audiobook Download by Charles Wheelan
This book is a quick, easy read that will force you to rethink the way you see economics. The author starts with an intriguing question: What is Economics? He not only defines it, but also how it ties into politics and current events. He provides examples from American, British, and Scandinavian perspectives to help you get a clearer understanding of the global economy. As he points out, one of the most important principles of economics is scarcity, where there are never enough resources for everyone to have everything they want. To illustrate this concept, Wheelan gives an example of a group camping trip gone wrong when one member wanted more time at the campground than others. This person was willing to give up his or her time at the campground in return for more time later on; but since all participants could not agree on this trade-off, no deal was made.
The book is organized into three parts: How the Economy Works, Where We've Been, and Where We're Going. The how-the-economy-works part explains the fundamental concepts in a way that is easily understood by any reader. The rest of the book discusses specific examples about where we've been and where we're going in our economy. One key point that Wheelan stresses throughout his book is that economics is not about money, but about everything. His main argument is that people don't have an intrinsic understanding of economics because it only comes from an academic standpoint.
Naked Economics is the great-great-granddaughter of Adam Smith's The Wealth of Nations. It's a different story than the one that claims capitalism is based on greed and exploitation. The main difference between Naked Economics and other economics books is that it doesn't "dress up" math with jargon. Wheelan knows that math can be intimidating and he doesn't want readers to have to wade through pages of numbing equations before they get to the point. Plus, Wheelan knows his audience isn't just students at a business school: They're all of us who live in a world of money, commerce, and high finance.
Charles Wheelan's book Naked Economics: Undressing the Dismal Science is a great introduction to economics. The book is easy to read and will help you make sense of the economic issues affecting society. In this book, Wheelan discusses different topics such as globalization, boom and bust cycles, and currency values. He also shares insights on how these examples have shaped our world today. If you are not an economist but want to understand more about the economy, this is a good book to listen to.
Published Date | 2010-06-25 |
Duration | 13 hours 51 minutes |
Author | Charles Wheelan |
Narrated | Kerin McCue |
Reviews | |
Abridged | No |
Is It Free? | 30-days Free |
Category | Non-Fiction |
Parent Category | Education |