• Naked Economics

  • Undressing the Dismal Science
  • By: Charles Wheelan
  • Narrated by: Kerin McCue
  • Length: 13 hrs and 44 mins
  • 4.5 out of 5 stars (727 ratings)

Access a growing selection of included Audible Originals, audiobooks, and podcasts.
You will get an email reminder before your trial ends.
Audible Plus auto-renews for $7.95/mo after 30 days. Upgrade or cancel anytime.
Naked Economics  By  cover art

Naked Economics

By: Charles Wheelan
Narrated by: Kerin McCue
Try for $0.00

$7.95 a month after 30 days. Cancel anytime.

Buy for $21.49

Buy for $21.49

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's summary

In Naked Economics, journalist Charles Wheelan does “the impossible”—he makes economic principles relevant, interesting and fun. Brimming with scores of down-to-earth examples and sprinkled with humorous anecdotes, this comprehensive overview will keep listeners smiling and wide awake.

©2002; 2010 Charles Wheelan (P)2010 Recorded Books, LLC

Critic reviews

“Gain an understanding of basic economics with little pain and much pleasure.” (Gary Becker, 1992 Nobel Prize winner in economics)
"This is a thoughtful, well-written introduction to economics, with the author projecting a genuine excitement for his material that makes it not quite so dismal." ( Library Journal)

What listeners say about Naked Economics

Average customer ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    468
  • 4 Stars
    184
  • 3 Stars
    49
  • 2 Stars
    15
  • 1 Stars
    11
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    396
  • 4 Stars
    143
  • 3 Stars
    32
  • 2 Stars
    13
  • 1 Stars
    4
Story
  • 4.5 out of 5 stars
  • 5 Stars
    372
  • 4 Stars
    151
  • 3 Stars
    36
  • 2 Stars
    10
  • 1 Stars
    9

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    2 out of 5 stars

Some useful info but a lot more dogma do-do

I've always found it sad that what passes under the term "economics" today is really neoclassical economics, a very unrealistic, ideological, and reductionist interpretation founded on some very problematic assumptions (rational agents who maximize their own personal utility ignoring contextual economic conditions, equilibrium conditions, methodological individualism, physics envy, Consumer Demand Theory, General Equilibrium Theory, instantaneous adjustments, etc.). Wheelan seems to uncritically accept a lot of this orthodox dogma.

1.) Rational agents can't be coerced into accepting available economic choices. Suppose you like a certain product (i.e. beef steak) but don't like how it's produced (i.e. by torturing the animal). To the neoclassical economist you have two choices, or voting on your economic options: you buy or you don't buy. To people living in the real world you could try to change the product. Wheelan simply makes the conclusion that if employees choose to work at a sweatshop then it must be what maximizes their utility so let's respect their choice.

2.) The myth of perfect taxes that doesn't cause "distortions." Actual preferences are usually labile and can adopt themselves to the available choices. Behavioral econ does a better job of explaining the sort of compartmentalized thinking people actually engage in.

3.) The successful must somehow have deserved their success since the free market efficiently allocates societal resources: There's a strange example given of how Steve Jobs and Bill Gates could recreate their wealth but that dropouts would have problems adjusting, ignoring the fact that Steve Jobs and Bill Gates are university dropouts.

4.) There's fawning worship of economic experts with a lot of name-dropping and I was told that in the text version there was an unabashed lauding of Alan Greenspan as having done everything right with his "Greenspan put."

But there is some useful info offered: good explanations of real vs. nominal int...

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

37 people found this helpful

  • Overall
    3 out of 5 stars

Better than average... for an economics book

Three and a half stars. This is a good introductory text to basic economic principles. It covers the standard areas that are traditionally covered without a lot of technical mumbo-jumbo. It has a lot of interesting stories describing the ideas presented. All of that said however it is still a basic economics text and it is hard to make that an interesting listen or read for most people.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

6 people found this helpful

  • Overall
    5 out of 5 stars

For econ class

Great way to learn about economics, this was an enjoyable way to learn an often dry subject

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

4 people found this helpful

  • Overall
    1 out of 5 stars

Partisan conservative. Also dated.

It was just too one sided and conservative. Dissapointingly oversimplified. Economics is complex and interesting. The book isnt.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

3 people found this helpful

  • Overall
    2 out of 5 stars

Politomics

This book has a lot of Economic Principles that they try to explain with politics of the last 2 decades. its not very transperant and he skips over inconvenient policies passed by a progressive house and senate that opened the posabilities of insentives during the Clinton years. Charles Wheelan obviously knows about economics. But he uses it to push propaganda like it's his mission.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

2 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

A really interesting view of economics

The author sets out to make economics more interesting than the boring stuff that many of us were subjected to during ECON 101. If you have any interest in world affairs, popular opinion or how economic ideas work together (or don't) this is worth a listen.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

2 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars

Excellent beginner's guide to Econ

This is the perfect book for people learning to understand basic economic concepts- similar to the Undercover Economist. I would highly recommend this book.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

2 people found this helpful

  • Overall
    1 out of 5 stars

Dont worry about this book

It aint no good, as a matter of fact, it stinks. Did I say smelly doo doo is this books name. It smells it dwells with the doo doo.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

2 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars

Very Valuable Intro to Econ

I struggle with the basics of economics, and this book deals with just that. This is an entertaining, enjoyable introduction to the subject. Even if you have a strong grasp on econ you may learn from this book. I'm talking specifically about some of the anecdotes and examples that Charles Wheelan gives in this work.

Kerin McCue isn't really special, but he's perfect for this subject. You may not be able to speed listen due to the nature of the topic, but it won't be because of McCue.

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful

  • Overall
    5 out of 5 stars

Entertaining and informative

This audiobook is my first read about economics. it was really great. The logic of the chapters, the great examples make it like listening to a novel narrated

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!

1 person found this helpful