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Naked economics : undressing the dismal science / Charles Wheelan ; foreword by Burton G. Malkiel.

By: Contributor(s): Material type: TextTextPublication details: New York : W. W. Norton, c2010.Edition: Fully rev. and updatedDescription: xxix, 354 p. ; 21 cmISBN:
  • 9780393337648 (pbk.)
  • 0393337642 (pbk.)
Subject(s): DDC classification:
  • 330 WHE
Contents:
The power of markets: who feeds Paris? -- Incentives matter: why you might be able to save your face by cutting off your nose (if you are a black rhinoceros) -- Government and the economy: government is your friend (and a round of applause for all those lawyers) -- Government and the economy II: the army was lucky to get that screwdriver for $500 -- Economics of information: McDonald\'s didn\'t create a better hamburger -- Productivity and human capital: why is Bill Gates so much richer than you are? -- Financial markets: what economics can tell us about getting rich quick (and losing weight, too!) -- The power of organized interests: what economics can tell us about politics -- Keeping score: is my economy bigger than your economy? -- The Federal Reserve: why that dollar in your pocket is more than just a piece of paper -- International economics: how did a nice country like Iceland go bust? -- Trade and globalization: the good news about Asian sweatshops -- Development economics: the wealth and poverty of nations -- Life in 2050: seven questions.
Summary: Wheelan cuts a large swath though contemporary microeconomic and macroeconomic issues, controversies, and fallacies. Topics include environmental problems, health care and insurance, risk and safety, education and productivity, the Federal Reserve System and monetary policy, financial markets and capital, inflation and unemployment, international trade and globalization, income and wealth inequalities, and economic development. Using anecdotes and applications galore, Wheelan treats both the power of markets and the role of government in a market economy.
Holdings
Item type Current library Call number Copy number Status Date due Barcode
Standard Loan Moylish Library Main Collection 330 WHE (Browse shelf(Opens below)) 1 Available 39002100480830

Enhanced descriptions from Syndetics:

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.

Includes bibliographical references (p. [327]-338) and index.

The power of markets: who feeds Paris? -- Incentives matter: why you might be able to save your face by cutting off your nose (if you are a black rhinoceros) -- Government and the economy: government is your friend (and a round of applause for all those lawyers) -- Government and the economy II: the army was lucky to get that screwdriver for $500 -- Economics of information: McDonald\'s didn\'t create a better hamburger -- Productivity and human capital: why is Bill Gates so much richer than you are? -- Financial markets: what economics can tell us about getting rich quick (and losing weight, too!) -- The power of organized interests: what economics can tell us about politics -- Keeping score: is my economy bigger than your economy? -- The Federal Reserve: why that dollar in your pocket is more than just a piece of paper -- International economics: how did a nice country like Iceland go bust? -- Trade and globalization: the good news about Asian sweatshops -- Development economics: the wealth and poverty of nations -- Life in 2050: seven questions.

Wheelan cuts a large swath though contemporary microeconomic and macroeconomic issues, controversies, and fallacies. Topics include environmental problems, health care and insurance, risk and safety, education and productivity, the Federal Reserve System and monetary policy, financial markets and capital, inflation and unemployment, international trade and globalization, income and wealth inequalities, and economic development. Using anecdotes and applications galore, Wheelan treats both the power of markets and the role of government in a market economy.

Table of contents provided by Syndetics

  • Foreword (p. ix)
  • Introduction (p. xvii)
  • Acknowledgments (p. xxvii)
  • 1 The Power of Markets: Who feeds Paris? (p. 3)
  • 2 Incentives Matter: Why you might be able to save your face by cutting off your nose (if you are a black rhinoceros) (p. 30)
  • 3 Government and the Economy: Government is your friend (and a round of applause for all those lawyers) (p. 54)
  • 4 Government and the Economy II: The army was lucky to get that screwdriver for $500 (p. 80)
  • 5 Economics of Information: McDonald's didn't create a better hamburger (p. 104)
  • 6 Productivity and Human Capital: Why is Bill Gates so much richer than you are? (p. 126)
  • 7 Financial Markets: What economics can tell us about getting rich quick (and losing weight, too!) (p. 148)
  • 8 The Power of Organized Interests: What economics can tell us about politics (p. 175)
  • 9 Keeping Score: Is my economy bigger than your economy? (p. 191)
  • 10 The Federal Reserve: Why that dollar in your pocket is more than just a piece of paper (p. 218)
  • 11 International Economics: How did a nice country like Iceland go bust? (p. 243)
  • 12 Trade and Globalization: The good news about Asian sweatshops (p. 270)
  • 13 Development Economics: The wealth and poverty of nations (p. 294)
  • Epilogue Life in 2050: Seven Questions (p. 317)
  • Notes (p. 327)
  • Index (p. 339)

Author notes provided by Syndetics

Charles Wheelan is the author of the best-selling Naked Statistics and Naked Economics and is a former correspondent for The Economist. He teaches public policy and economics at Dartmouth College and lives in Hanover, New Hampshire, with his family.

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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