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Economics of the Undead: Zombies, Vampires, and the Dismal Science Kindle Edition

by Glen Whitman (Editor), Dow James (Editor), Kyle William Bishop (Contributor),
6 customer reviews
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Length: 298 pages Word Wise: Enabled
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Product Details

  • File Size: 1601 KB
  • Print Length: 298 pages
  • Publisher: Rowman & Littlefield Publishers (July 17, 2014)
  • Publication Date: July 17, 2014
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B00LXVG5OK
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Not Enabled
  • Enhanced Typesetting: Not Enabled
  • Amazon Best Sellers Rank: #118,580 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

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4 of 4 people found the following review helpful
Quality Pop Economics
By Rawz Kinnion on September 6, 2014
Format: Hardcover
This anthology was a delight through which to traipse. There are only a few essays which use modeling or require some understanding of game theory, and even still, it is very accessible to the layperson. It even pointed me to a few zombie films that have escaped my detection, for which I am grateful. If you like economics, or think you might enjoy economics, learning through zombie and vampire films is a great way to ease the transition. If you're already savvy to econ, it'll be a fun romp. In either case, check it out.
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2 of 2 people found the following review helpful
The perfect blend of smart and pop culture.
By JeffProvine on September 29, 2014
Format: Hardcover
The book focuses on vampires and zombies, two of the biggest pop culture crazes in the last decade. A bit of werewolf joins in on the discussion of instinct and reason, too. Zombies act wantonly, causing computer models to create “ghettos” of dangerous plots where humans dare not tread, which creates a vacuum where no new zombies can be created. Vampires, however, are much more selective and thusly able to avoid the pitfalls of predator-prey relationships that usually result in wide variations of both populations due to over- and under-feeding. The in-depth graphs make the intellectual experiments all the more enjoyable.

The clearest example of undead economics is the investment strategy for an immortal creature of the night as James Dow notes in his “Investing Secrets of the Undead.” Vampires from Twilight to True Blood and back to Anne Rice have plenty of time (and persuasive powers) on their hands. For those eternal monsters, who may slumber for a hundred years to wake up with $9 million in the bank after starting with $10,000 at seven percent, inflation is an enemy, along with unintended expenses that may make real estate investments problematic.

Another scope of the collection is the apocalypse, which has also intrigued the collective conscious through the past few years. Brian Hollar examines the end of the world as a new beginning, as, quoting Smith, mankind has a “propensity to truck, barter, and exchange.” As long as two people remain, a new economy will start up, though Horwitz and Skwire point out that none should hope for it based on the “broken window fallacy.Read more ›
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2 of 2 people found the following review helpful
Why didn't they teach this to me in high school?
By Sean Carr on October 31, 2014
Format: Hardcover
Definitely a great read, especially for anyone who loved “Freakonomics” and has been looking for more slightly outside the box econ writing. Plus of course it's a fun read if you love Zombies or Vampires. I would highly recommend it for classroom use, it certainly would have engaged me in economics when I was a not so academically inclined student who didn’t see the value in the “dismal science” (as the book says) until almost a decade later.

A few highlights include the first two chapters by the collections editor Glen Whitman whose exploration of the economics of relationships (as framed between human girls and vampire boys, ala Twilight) is a topic worthy of a book in itself. If anything that chapter has made me think differently about a lot of things, relationships and otherwise.

Also of note is a fantastic chapter about the economy after a zombie apocalypse (I had my heart set on bottle caps as money, sadly not), a compelling long term vampire investment chapter by James Dow, another vampire chapter that discusses blood as addiction and addiction as following economic pressures, and a chapter on taxing undead labor.

Another great conversation starter is a chapter that explores the classic econ problem “The Tragedy of the Commons” as expressed with vampires feeding on not-yet-privatized humans, a good conversation starter for sure, especially given its connection to the problem of overfishing.

All and all a great read and if you have a bunch of intellectual friends who sit around drinking and talking about whatever might be worthy of debate, here are a dozen or so debate topics with a fun pop culture framework that will close down the bar more than once.
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