Getting the download link through email is temporarily not available. Please check back later.
To get the free app, enter your mobile phone number.
Naked Economics: Undressing the Dismal Science (Fully Revised and Updated) Paperback – April 19, 2010
See the Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.
Frequently Bought Together
Customers Who Bought This Item Also Bought
“Bravo, Charles Wheelan, for doing the impossible: making the study of economics fascinating, comprehensible, and laugh-out-loud funny.” (Deborah Copaken Kogan, author of Shutterbabe: Adventures in Love and War)
“Translates the arcane and often inscrutable jargon of the professional economist into language accessible to the inquiring but frustrated layman. . . . Clear, concise, informative, [and] witty.” (Chicago Tribune)
About the Author
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.
Top Customer Reviews
For some light reading, I picked this book up. From it, my studies of economics gained renewed vigor, because this was the first book that really made me LOVE ECONOMICS. After reading it I saw most economic ideas -- especially macroeconomic ideas -- in a new light.
Folks, it's fantastic. Absorbing, witty, and clearly-written.
Not only will you come to basically understand many important economic principles from reading it, but the book contains not a single graph, chart, or unsavory equation.
This is the only economics books I've ever read and read, until I was done: on the john, in the tub, on the bus, etc. I just could not put it down!
The thing I really like is Wheelan's genius for picking examples, many of which will boggle your mind and stick with you for days.
Wheelan has also got a great sense of humor. When's the last time that you found yourself laughing out loud every few pages while reading an economics book?
Here's an example:
"The sultan of Brunei earned billions of dollars in oil revenues in the 1970s. Suppose he had stuffed that cash under his mattress and left it there. He would have had several problems. First, it is very difficult to sleep with billions of dollars stuffed under the mattress. . ."
Subjects covered include: why capitalism and free markets is better than communism and state-controlled markets; how information is crucial (such as product or corporate branding and health insurance for individuals); efficiency of financial markets (why the individual is often foolish when he buys a stock after reading a tip from the newspaper); and why international trade is good even if special interest groups may oppose it due to job losses.
Readers on both the extreme left or right will be able to pick up certain issues in the book that they disagree with. They will then pick those up and attack Wheelan for being an extreme liberal or an extreme conservative. They will accuse him of not caring about U.S. jobs; they will accuse him of pandering to the environmentalists. For those readers, their mind is already made up before the read this book. For open-minded readers, this book will be very enjoyable and interesting.
To all the people who design economics undergraduate programs in the U.S. please understand that: (1) we need something useful, (2) most of us are not going to study a ph.d., (3)we need a tool for understanding the world, not something we won't remember six months after the end of the course. What was a Lagrangean anyway?
Most Recent Customer Reviews
I had to get this book for my Economics class. So often I find myself bored while reading texts that my Professors assign but that cannot be said for this book. Read morePublished 5 days ago by Amazon Customer
The book is required for the AP econ class and is worthwhile.Published 8 days ago by Mark McGillivray
A must read for anyone interested in economics. Provides in depth explanations using basic terminology and analogies.Published 18 days ago by Nick
Charles Wheelan is a good writer and writes in a down-to-earth style that makes complicated ideas easier to understand. Read morePublished 27 days ago by David
Great book! Very insightful if you are interested in understanding key concepts of economics. Author does a great job at not being bias when it comes to economic standpoints by... Read morePublished 2 months ago by nolan klein
Bought this thinking it would have conservative views on Economics. Far from it. I through it in the trash.Published 2 months ago by Mildsong4