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

by Wheelan, Charles J.

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W.W. Norton & Company, 2019.

9780393356496 (pbk.)

Fully revised and updated ed.

xxix, 366 p. ; 21 cm.

Includes bibliographical references and index.

The power of markets : Who feeds Paris? -- Incentives matter : Why you might be able to save 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 -- Epilogue: Life in 2050 : eight questions.

"Naked Economics gives you the tools to engage with pleasure and confidence in the deeply relevant, not so dismal science. This is a new edition of the best-selling economics book that won’t put you to sleep. In our challenging economic climate, this perennial favourite of students and general readers includes commentary on hot topics such as automation, trade and income inequality. Ten years after the financial crisis, Naked Economics examines how policymakers managed the worst economic crisis since the Great Depression."--publisher website.

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