Naked Economics: Uncovering the Myths of the World of Money and Finance

TF77429: No issues with the book. It performed as expected.

United States on Sep 23, 2023

Robert W. Boissy: I am part of the alumni admissions program for my alma mater. At the end of every short call, I ask the high school senior for a book recommendation. (They are told in advance the question is coming.). Naked Economics was one of the recommendations from a college applicant this year. A fine recommendation. The book gets at the big economic questions and some of the answers, with many examples and clear explanation of the economics principles in play. No charts or graphs, just clear discussion laced with some humor and personality.

United States on Jul 04, 2023

Artem Kel: great book which explains the core principles of economics in a clear and concise way! Highly recommend along with another book of the author Naked Statistics!

Germany on Mar 11, 2023

Eman: A very great and entertaining read for absolute beginners such as myself. Will recommend this to all that want info.

United Kingdom on Oct 04, 2021

AV: Muy recomendable lectura

Mexico on Nov 20, 2020

Marcos Luz: This book is awesome. It is a life-changing and everybody must-read it. I feel a better version of myself after and now able to comprehend everyday economics facts. From now on, I am sure that I feel more confident to take care of my financial assets and life savings and the choices ahead. The whole book is a mastermind but the best part is chapters 10 (Federal Reserve Bank, fiscal and monetary policies) and 11 (Forex Exchange). Charles has hit 10 out 10 as so he did with naked statistics’ book that, by the way, is a must-read book too.

Brazil on Oct 17, 2020

DonL2507: This is an excellent introduction to economics and the broad range of issues informed by economics for the non-professional but interested reader. It is clear and accessible and punctuated by a breezy, witty style, and without a single equation or graph for those terrified of numerical relationships. The economics presented in this book is mainstream economics as befitting a journalist for The Economist and makes points that would satisfy those right-of-center and those left-of-center. For conservatives, the author reminds us (like Milton Friedman did in "Capitalism and Freedom") that a heavily regimented economy would eventually come at a steep price in curtailed political / civil freedoms just to maintain the economic regimentation. In addition, the physical and human capital underlying productivity growth, and the economic self-interest that drives their application, are key components of economic well-being. On the other hand, liberals will appreciate his contention that government is a crucial catalyst for effective market functioning in that it provides (or can provide) a legal framework, a predictable regulatory regime, and a stable macroeconomic environment. Most of the...

United States on Feb 01, 2018

Sinduja: I've always been scared of economics: it was the kind of stuff better left to bored fathers in family gatherings. What's with all the fiscal deficit and monetary policy and trade embargoes? Phew!

But perhaps what we needed was one wonderful introductory guide to this fascinating subject. Naked Economics serves as that Economics 101 manual. That said, it is different from other introductory books in that it doesn't talk down to its readers. It is not your textbook introduction that lists definitions, theories and examples. We have all had that boring academic textbook which put people to sleep and scared them away from economics. Rather, Naked Economics is an engaging narrative. It explains economics with questions we might all have had but were overwhelmed to research: Why are some countries poor? Why doesn't Brad Pitt sell auto insurance? How can locals be made to protect the environment?, etc.

A good teacher is one who leaves your thinking about the subject and asking more questions on it. Naked Economics has been the best economics teacher I've had. I no longer squirm if I have to read The Economist to find something. I am not saying I've become a pro. I would...

India on Sep 01, 2016

James T. Humphrey II: This book was a real page turner, which is not something you can say about too many books on economics. This book is a great concept book. It's non technical and written for the layman who is just trying to understand what is going on in the world when it comes to economics and public policy.

If you read this book, I feel you'll walk away with a solid understanding about issues about production, wealth, trade, taxes, inflation, job creation, monetary policy, debt/deficit spending, and how all these things interrelate, especially in regard to how public policy is shaped.

What is especially great about this book is that it deals with modern issues that we as a country have faced in America since the Great Depression, all the way up to the housing crisis. It may just skim the surface of these issues. But it shows how economics, although an imperfect science, impacts real life.

My only complaint about the book is that the author seems rather fond of quoting studies done by "Nobel prize" winning economists. As if that adds more "authority" to the insights these people have had. It gets a little annoying. I also wish he would shown more critical thinking around the...

United States on May 14, 2015