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Thinking Like an Economist: A Guide to Rational Decision Making
- Narrated by: Randall Bartlett
- Length: 6 hrs and 11 mins
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Publisher's summary
Economic forces are everywhere around you. But that doesn't mean you need to passively accept whatever outcome those forces might press upon you. Instead, with these 12 fast-moving and crystal clear lectures, you can learn how to use a small handful of basic nuts-and-bolts principles to turn those same forces to your own advantage.
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Packed with case studies, helpful strategies, economic insights, and more, this series will equip you with a reliable toolkit for thinking more like an everyday economist and approach the issues in your own life with a more educated, seasoned eye. And after these dozen lectures with Professor Bartlett, things really will look very different. You'll see how basic economic ideas like incentives, risks, rewards, and rationality are not just the province of professional economists, government policymakers, or your local bank's loan officer, but instead lie at the root of nearly every decision you must make in your daily life.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.
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Very few careers can offer you the freedom, flexibility, and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed. In the audiobook, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day.
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Its a sales pitch
- By Xavier Foley on 02-08-18
By: Andrew Aziz
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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
- By: MJ DeMarco
- Narrated by: MJ DeMarco
- Length: 12 hrs and 46 mins
- Unabridged
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Since you were old enough to hold a job, you've been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. I call this soul-sucking, dream-stealing dogma "The Slowlane" - an impotent financial gamble that dubiously promises wealth in a wheelchair. For those who don't want a lifetime subscription to "settle-for-less", there is an alternative.
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Excellent!
- By Iray007 on 09-22-15
By: MJ DeMarco
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The 1-Page Marketing Plan
- Get New Customers, Make More Money, And Stand Out From The Crowd
- By: Allan Dib
- Narrated by: Joel Richards
- Length: 6 hrs and 32 mins
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To build a successful business, you need to stop doing random acts of marketing and start following a reliable plan for rapid business growth. Traditionally, creating a marketing plan has been a difficult and time-consuming process, which is why it often doesn't get done.
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You Need to buy Book to get key info
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The Little Book of Common Sense Investing
- The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition
- By: John C. Bogle
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The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
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One star for every point this 5 hour book makes.
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Invisible Women
- Data Bias in a World Designed for Men
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Data is fundamental to the modern world. From economic development, to healthcare, to education and public policy, we rely on numbers to allocate resources and make crucial decisions. But because so much data fails to take into account gender, treating men as the default and women as atypical, bias and discrimination are baked into our systems. And women pay tremendous costs for this bias in time, money, and often with their lives. Celebrated feminist advocate Caroline Criado Perez investigates the shocking root cause of gender inequality and research in Invisible Women.
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A statistical fire hose
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Money. Wealth. Life Insurance.
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America's elite have been using cash value life insurance to stockpile wealth for centuries. Used correctly, it is better described as a personal bank on steroids, and a financial bunker for tough times. To be clear, this audiobook is not about the typical garbage peddled by most insurance agents. Rather, an alternative to the risky investment strategies taught by Wall Street. It details a highly efficient form of cash value life insurance designed to supercharge your savings and stockpile wealth.
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what the heck was this?
- By Gladys Torres on 10-20-16
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The Road Less Stupid
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Years ago, after suffering a humiliatingly large dumb tax, it dawned on me that I have a seemingly unlimited ability to hit unforced errors and sabotage my business and financial success. I suspect you do, too. It turns out that the key to getting rich (and staying that way) is to avoid doing stupid things. I don't need to do more smart things. I just need to make fewer dumb mistakes. The vast majority of our dumb tax is a direct result of emotional, overly optimistic, and poorly thought out decisions.
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Couldn't finish it
- By Paul on 08-04-18
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YouTube Secrets
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YouTube sensations and best-selling authors Sean Cannell and Benji Travis take your YouTube channel from slow and dormant to accelerated and engaged, using premium and updated YouTube growth tips for creators, business owners, digital entrepreneurs, and influencers. This is the ultimate game plan to grow a following and make money with the power of video.
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Don't use a credit on this. Moderately passable
- By Scott on 08-04-19
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The Most Important Thing
- Uncommon Sense for The Thoughtful Investor
- By: Howard Marks
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Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
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Five Star Book, two Star Audiobook
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Capital in the Twenty-First Century
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What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories.
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The Financial Times' Critique Doesn't Detract
- By Madeleine on 05-22-14
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disappointing, no accompanying figures.
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What listeners say about Thinking Like an Economist: A Guide to Rational Decision Making
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- V. Taras
- 07-08-15
Great for beginners, nothing you for an economist
Strictly speaking, there is really nothing new in this book for people who either took courses in economics or read some of the popular books on the topic. It's really a very superficial presentation of some of the fundamental assumptions of economics. However, if you have no prior training or exposure to economics and would like to learn some basics, this is a fun series of non technical lectures that you will probably enjoy and learn from.
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80 people found this helpful
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Economists as Kindergartners
Would you recommend this book to a friend? Why or why not?
I would recommend but only for a few of the "nuggets" relevant to everyday life that one encounters throughout the series.
What other book might you compare Thinking Like an Economist: A Guide to Rational Decision Making to and why?
"Skepticism 101: How to Think like a Scientist" and "Mistakes Were Made (But Not By Me)"
Which scene was your favorite?
The sections on game theory, relative value and risk had some good information
Could you see Thinking Like an Economist: A Guide to Rational Decision Making being made into a movie or a TV series? Who should the stars be?
No
Any additional comments?
In several key areas the professor engages the listener in descriptions of actions that are well-documented but proceeds to state that their cause is a mystery. In each case the scientific literature relevant to the answer can be found but is apparently unknown to the professor, although most were addressed in non-economic disciplines. (i.e. cognitive dissonance) Also, his lecture on the tragedy of the commons seemed to indicate that the solution is a larger and more complex common resource, government, which leaves the stakeholders more disparate then in the localized example given.
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44 people found this helpful
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- Cynthea Wellings
- 03-09-14
A difficult subject made easy!
I have found this the best set of lectures on economics so far. The presenter paces himself. explains a concept and then gives an anecdote. This has enabled me to comprehend relatively difficult concepts with ease.
I own a small business and have never really understood a lot of the terms used in the modern press that relate to finance. I wish I had learned this information at the beginning of my career. It would have helped me enormously.
I give this 5 stars.
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34 people found this helpful
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- John
- 07-06-15
Economics for dummies
This is a very basic introduction to Economics. So much so that much of it is just common sense and not at all enlightening. You would not know that from the lecturer who presents his material as if pulling back the curtain on the secrets of the universe. I found his delivery somewhat grandiose and corny. He must have repeated the phrase "think like an economist" a thousand times. Ok, we get it, it's an economics course, no need to constantly repeat it!
I don't know a whole lot about economics and yet I don't think I learned anything new in this course. It might be good if you know absolutely nothing about economics and rational decision making but I doubt most people buying The Great Courses on Audible fall into this category.
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25 people found this helpful
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- Fabrizio
- 06-08-15
Potentially life-changing.
I cannot say this for myself, since I am since long a fan of Freakonomics and interested in behavioral economics, but to those who are looking for something that could really change their lives for the best, this is absolutely a must.
Clear, actionable and with the right tempo and digressions.
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12 people found this helpful
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- LM
- 05-26-17
As an amateur economist, I found this excellent.
This is a great primer for folks who want the benefits of efficient, logical, rational thought and decision making in all areas of life. It's covers the basics of Microeconomics 101 (and to some extent macro) in very plain terms applicable to anyone.
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11 people found this helpful
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- Jesse
- 10-26-16
Definitely makes you think
Great book that I would recommend to anyone. At times he does come off as condescending but I don't think it is intentional. I especially liked the tools he provided to help the individual understand decision making and incentives. Enjoy!
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9 people found this helpful
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- Konstantin
- 06-17-17
Worth listening
2% of 1 million is 20,000 not 2,000! Hedgefund example at around 3.25.44. Good listen overall!
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8 people found this helpful
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- Philo
- 03-19-14
Clear, useful, accessible
It was a pleasure to listen to this. I never found myself zoning out or wondering (as I often do) when the speaker will cut through the fuzzy jargon and get to the point. The points are all set out. This has helped me think more clearly in my own decisions, and express myself more clearly in my own business teaching.
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8 people found this helpful
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- Mr. Majestic
- 12-03-17
Good information for the Novice
The book was done well, it was organized, and relatively entertaining. The average marks I provided for the book was more for my expectations of learning more. This book is for someone that has not had a graduate course in economics. Solidly based for teenagers and students that have yet to go through any formal education on the topic.
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7 people found this helpful