Naked Economics : Undressing the Dismal Science
ISBN: 9780393324860 | 0393324869
Edition: ReprintFormat: Paperback
Publisher: W W Norton & Co Inc
Pub. Date: 9/1/2003
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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 Charle... MORE
| Foreword by Burton G. Malkiel | ix | ||
| Introduction | xv | ||
| Acknowledgments | xxi | ||
| 1 The Power of Markets: Who feeds Paris? | 3 | (20) | |
| 2 Incentives Matter: Why you might be able to save your face by cutting off your nose (if you are a black rhi... MORE | 23 | (20) | |
| 3 Government and the Economy: Government is your friend (and a round of applause for all those lawyers) | 43 | (20) | |
| 4 Government and the Economy II: The army was lucky to get that screwdriver for $500 | 63 | (18) | |
| 5 Economics of Information: McDonald's didn't create a better hamburger | 81 | (17) | |
| 6 Productivity and Human Capital: Why is Bill Gates so much richer than you are? | 98 | (20) | |
| 7 Financial Markets: What economics can tell us about getting rich quick (and losing weight, too) | 118 | (19) | |
| 8 The Power of Organized Interests: What economics can tell us about politics | 137 | (12) | |
| 9 Keeping Score: Is my economy bigger than your economy? | 149 | (19) | |
| 10 The Federal Reserve: Why that dollar in your pocket is more than just a piece of paper | 168 | (19) | |
| 11 Trade and Globalization: The good news about Asian sweatshops | 187 | (19) | |
| 12 Development Economics: The wealth and poverty of nations | 206 | (23) | |
| Epilogue Life in 2050: Seven Questions | 229 | (8) | |
| Notes | 237 | (8) | |
| Index | 245 |
Charles Wheelan is the Midwest correspondent for The Economist, an adjunct lecturer at Northwestern University, and an economics correspondent for WBEZ, Chicago Public Radio. He lives in Chicago with his wife and two daughters
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