Synopses & Reviews
Naked Economicsmakes up for all of those Econ 101 lectures you slept through (or avoided) in college, demystifying key concepts, laying bare the truths behind the numbers, and answering those questions you have always been too embarrassed to ask. For all the discussion of Alan Greenspan in the media, does anyone know what the Fed actually does? And what about those blackouts in California? Were they a conspiracy on the part of the power companies? Economics is life. There's no way to understand the important issues without it. Now, with Charles Wheelan's breezy tour, there's no reason to fear this highly relevant subject. With the commonsensical examples and brilliantly acerbic commentary we've come to associate with The Economist, Wheelan brings economics to life. Amazingly, he does so with nary a chart, graph, or mathematical equation in sight'"certainly a feat to be witnessed firsthand. Economics is a crucial subject. There's no way to understand the important issues without it. Now, with Charles Wheelan's breezy tour, there's also no reason to fear it. "Explains our global economy in a way that is'"gasp!'"actually entertaining."'"Book"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"Wheelan has an anti-Midas touch. If he touched gold he would turn it to life."'"Burton G. Malkiel, from the foreword
Review
"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
Synopsis
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 gives readers the tools they need to engage with pleasure and confidence in the deeply relevant, 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.
Synopsis
"Explains our global economy in a way that is (gasp!) actually entertaining."--
Synopsis
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.
Synopsis
'\'Explains our global economy in a way that is (gasp!) actually entertaining.\"
Book Magazine\n
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Synopsis
Today, this engine has stalled. The decade of the 2000s lost one million American jobs, whereas the previous three decades averaged approximately 20 million new jobs per decade. If the next decade, the 2010s, generates only marginal jobs growth, the US economy could collapse under the weight of US debt and obligations. The US has several hundred trillions of dollars worth of debt, which it will not be able to pay if its workforce does not grow. The Jobenomics team is launching a national 20 by 20 campaign to create 20 million new US private sector jobs by 2020. 20 by 20 includes initiatives for government, large business, small and self-employed businesses, foreign investment in US businesses, and major emerging technology initiatives. Through Jobenomics, Americans will have common cause and resources to create jobs in order to build a more prosperous future.
About the Author
Charles Wheelan is the author of the internationally best-selling Naked Economics and Naked Statistics and a former correspondent for The Economist, and founder of The Centrist Party. 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.
Table of Contents
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Part I: Employment versus Unemployment
Chapter 1: Employment versus Unemployment Tyranny of Trillion$: Debtor Nation
Chapter 2: Awash In Debt
Chapter 3: National (Public) Debt
Chapter 4: Private (Mortgage & Consumer) Debt
Chapter 5: USG Bailouts, Pledges and Obligations
Chapter 6: Entitlement Programs
Chapter 7: Derivatives: Exotic Financial Instruments
Chapter 8: US Resources
Part 2: Recovery Scenarios
Chapter 9: Economic Recovery Scenarios
Chapter 10: V-Shaped Recovery and Jobs
Chapter 11: W-Shaped Recoveries and Joblessness
Chapter 12: Declining L-Shaped Recovery Forces and Factors Challenges, Issues and Indicators
Chapter 13: Closing the Spending/Receipts Gap
Chapter 14: Potential Second Residential Real Estate Crisis
Chapter 15: The Markets
Chapter 16: Inflation
Chapter 17: US Treasuries and the Dollar
Chapter 18: US Manufacturing & Emerging Markets
Chapter 19: Corporate Recovery May Not Increase Jobs
Chapter 20: Small Business Is The US Economic Backbone The Way Ahead: Jobs Creation
Chapter 21: The 20 by 20 Jobs Creation Plan
Chapter 22: Energizing the Private Sector
Chapter 23: Six Imperatives for Washington
Chapter 24: The Austerity Contingency Plan\n
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