Naked Economics: Undressing the Dismal Science

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W. W. Norton & Company, Sep 17, 2003 - Business & Economics - 260 pages
27 Reviews

Finally! A book about economics that won't put you to sleep. In fact, you won't be able to put this one down.

Naked Economics makes up for all of those Econ 101 lectures you slept through (or avoided) in college, demystifying key concepts, laying bare the truths behind the numbers, and answering those questions you have always been too embarrassed to ask. For all the discussion of Alan Greenspan in the media, does anyone know what the Fed actually does? And what about those blackouts in California? Were they a conspiracy on the part of the power companies? Economics is life. There's no way to understand the important issues without it. Now, with Charles Wheelan's breezy tour, there's no reason to fear this highly relevant subject. With the commonsensical examples and brilliantly acerbic commentary we've come to associate with The Economist, Wheelan brings economics to life. Amazingly, he does so with nary a chart, graph, or mathematical equation in sight—certainly a feat to be witnessed firsthand.

Economics is a crucial subject. There's no way to understand the important issues without it. Now, with Charles Wheelan's breezy tour, there's also no reason to fear it.

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LibraryThing Review

User Review  - SpaceyAcey - LibraryThing

Amazingly, the author does not show strong ideological bias, for an economics book this is very strange. I now know what 'The Fed' does, also he has converted me wholly to free-trade (previously I was uncommitted). Read full review

LibraryThing Review

User Review  - Joyce.Leung - LibraryThing

I started reading this book feeling I was reasonably clever, and I finished this book realizing that I wasn't even fit for extremely stupid. Not that this book isn't good - it's too good, that's the ... Read full review

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About the author (2003)

Burton G. Malkiel is the Chemical Bank Chairman's Professor of Economics Emeritus at Princeton University. He is a former member of the Council of Economic Advisers, dean of the Yale School of Management, and has served on the boards of several major corporations, including Vanguard and Prudential Financial. He is the chief investment officer of Wealthfront.

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