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$0 eBook: A Conversation About Economics

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grababargain on 16/07/2016 - 20:01 amazon.com (1062 clicks)
Last edited 17/07/2016 - 04:03
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US: https://www.amazon.com/dp/B00T6Q88V2
AU: https://www.amazon.com.au/dp/B00T6Q88V2
by Richard Werner and Amy Michalares, 458 pages, published Feb 3, 2015

Amazon's Description:

Easy to read book bringing life to the science of economics for both the average person and possibly some added insight to even those who think they might know the subject. Reading this book will not make you an economics professor but it will help you to intelligently talk about economics. More importantly help you perform in your role as a citizen and a voter within a free enterprise economy.

eBook is free at time of posting. Please check price before buying.

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  • Kevan2 on 16/07/2016 - 20:13
    -4

    Thanks Got it now. The best description of Economics is # Economics is the psychology of business #.

    In my humble opinion undergrad Economics is often wrong and I have found that the messages at that level is countered at postgraduate level.

    That being said, many recomations from so called experts are too USA based and who wants live like them . If you do one way air fare are economical now. Go please ! and this includes a former Treasurer surname starting with C. And as on 7 as a commentator.

    • bobjane on 16/07/2016 - 20:31
      +5

      Darnit my undergrad education also didn't teach me about recomations, guess I'll have to take a postgrad to get to that level.

      • Kevan2 on 16/07/2016 - 23:38

        lol bobjane flat battery on Chinese phone self correcting spell check? Guess I could not forecast this response.

      • 1Kenobi on 17/07/2016 - 11:03
        +2

        In my undergrad Economics degree they taught the ability to predict the past 50% of the time

    • KeplersLaws on 16/07/2016 - 22:30
      +2

      what did i just read?

    • Diji1 on 16/07/2016 - 22:37
      +2

      The best description of Economics is # Economics is the psychology of business

      No it isn't.

    • serpserpserp on 17/07/2016 - 20:04

      Just because something is counted doesn't mean that it is wrong. People counter arguments about the moon landing and the holocaust not being real, doesn't make them right.

  • Mitch on 16/07/2016 - 20:34

    Thank You!!

  • EarlyBird on 16/07/2016 - 22:12
    +8

    Ah, "the science of economics", priced at $0.00. Why the decimal point? As someone said, "economists put decimal points in their forecasts to show they have a sense of humour".

  • cucumber on 16/07/2016 - 22:40

    Nice! Another addition to my sleepless night collection.

  • RefusdClassification on 17/07/2016 - 04:41
    -4

    All one needs to know about economics is:

    Communism = Good

    Capitalism / Free Market Liberalism = Bad

    All economics graduated work for the Dark Side.

    • entropysbane on 17/07/2016 - 09:03
      -1

      A bit harsh, but certainly there is tendency these days, particularly undergrad level, to operate under the delusion that governments can centrally control economies. See the reference to the Australia Institute below.
      That paradigm, after all, does give a central role for economists and the power to manipulate the unwashed.

    • jackau on 17/07/2016 - 14:05

      Communism = BAD experiment, twisted further by greed of the few

      Capitalism = Good experiment, twisted and corrupted by greed of the few

      Free Market Liberalism = Highjacked by the bankers for their profit and governments makes no market FREE today

      All economics course in uni teach nonsense theories that is throw out the moment any of the grads work for the banks, cause you dont follow those wrote on text/tax books, banks rig the market and cheat the regulations and bribe/brought the ugly leaders for helicopter money

  • rowlandm on 17/07/2016 - 07:44
    +1

    It's not free, but I would recommend this author and his book Econobabble.

    He is an Australian economist with The Australia Institute.

    https://www.amazon.com.au/gp/aw/d/B016PPGU4I?fp=1&pc_redir=T…

  • hongas on 17/07/2016 - 12:24

    I just read few pages and it is good. very well explained for new to economics.

  • newby2010 on 17/07/2016 - 13:49
    +1

    Does anyone know how I can download this to a PC. Or you just got to read it in the cloud .. ? Have not got wifi on public transport, where I do most of my reading.

    • Russ on 17/07/2016 - 18:04

      If you want to read on public transport, then surely you want it on a phone or tablet? Install Kindle app, then select the book you want to read, and it will download to your phone/tablet, no internet needed after that point.

      Don't know if there is a PC version of the Kindle app.

    • Russ on 18/07/2016 - 00:59
      +1

      There is a Kindle for PC, just found it here:
      http://www.amazon.com/gp/kindle/pc/download

      Presumably it can also download a book, for reading when you can't get internet.

    • yk300 on 18/07/2016 - 08:49
      +1

      There also is Kindle for Mac available. And yes, it can download it for offline viewing.

  • jackau on 17/07/2016 - 14:00

    https://www.amazon.com/Killing-Host-Financial-Parasites-Bond…

    there is no zero dollar deal, i brought my copy for 13 aud…
    read it for some REAL economics about what the big mess we are really in… read this one, thats stuff no economic degree would teach you but it is what is DONE in the REAL world. The only jargon word in the book that has to be properly defined is rentier, else it is rather straight forward english

    Highly recommended

    • serpserpserp on 17/07/2016 - 20:12

      lol that book almost had me until they said the bailouts saved the banks but not the economy. The funny thing is, the economy's would have been a lot worse off if the banks weren't saved. It isn't like they had choice A or B to decide from and the right choice was going to make everything hunky dory again. They had a take a big hit to stop the bleeding, they knew it wasn't going to make everything the same again. If they didn't step in and do what they did the world would be in a lot more trouble and the Western economies (including Australia) wouldn't be in such a good position compare to some of the other countries in the world.

      • StalinRasputin on 17/07/2016 - 21:57

        "the economy's would have been a lot worse off if the banks weren't saved"

        Probably true - there would have been a period of adjustment where the broke banks would have gone into bankruptcy.

        As it is, instead of a short period of clearing out the deadwood (isn't that how capitalism is supposed to work?) and then back to 'normal', we have had 8 years (and still ongoing - arguably we could stretch it back to the Dot-com crash - 16 years) of central banks bailing the finance companies and economies out.

        Bank bailouts and guarantees; QE 1, 2 and 3; open market operations; zero interest rates; the list goes on. Trillions of dollars of money created and pumped into the system just to keep the economies treading water. (3.5 trillion at the US Fed alone)

        And it's still ongoing.

        So, it's debatable if they chose the right option. Short term, it seemed to work. But now, instead of a couple of broke banks to deal with, we have broke banks plus massively indebted countries as well.

        • jackau on 17/07/2016 - 23:51

          When all that money printing fails, they take us to war…

          WE MUST STOP THEM DOING EXACTLY THAT!!

        • serpserpserp on 18/07/2016 - 20:54

          I get what you are trying to say, but unfortunately, we are in the short term still. When these things happen, 20 years is short term.

          Economies treading water is better than decades of depression.

          Plus it wouldn't have been a couple of broke banks, it would have been a decimated U.S economy. Which like it or hate it, is bad for the world economy.

      • jackau on 17/07/2016 - 23:46
        +1

        what.. ? hey mate, capitalism has no such thing as TOO BIG TO FAIL, let them fail and new banks, new start up of a better banking system will raise up to replace those doom to fail dinosaur banks (which two of the Aussie big four I can confirm still use Windows XP in their whole networks and refuse to change just because it CUTS into their profits, just to point out one of the billion issues they had.).
        The debt base economic system is going no where, all these QE money / low interest rate lending never go to people that wants to start a business that aim to produce something. Go ahead and walk into a bank with your business plan and claim you make profit 3 year down the track and 3 more years down you be the next uber unicorn what what, they look at ur projected return: less than 2% in the first 3 years at best estimate, they show you the door!
        Flipping houses and playing with shares rack in far more than real production and service for benefit of real economy for the banks today!
        They got so much money, they rather you take a mortgage and so you turn their easy to catch devalue every day money to an asset they can suck interest on, instead of borrowing money to fuel the economy.
        Real Estate and Shares n stuff should never be majority of any economy! That's the central theme of Hudson's book.
        The fundamental trouble here is that western economies are due for a huge change of course like a drug addict that has to go through the pain, keep taking more drugs and other forms of drugs that is: Money generated unchecked and given to banks and the few already rich wont get the economy healthy again. The more they delay the rehab pain the longer and greater the pain we suffer. The world as a whole be in greater position together than the crap we are at now and down the track.
        Unless you worked directly/indirectly for the bank management, ask yourself: Are you better off than you are back in late 90s? Does your 3.75 AUD buys a medium big mac meal now?
        Australian economy will always come out better because we have resource backing the currency that ultimately makes us valuable to the world. So there is no worry as long as governments let the real free market runs things, let people that really wants to build a business a hand and do the free market magic. Banks are now the cancer of the western economy!

  • [Deactivated] on 17/07/2016 - 15:31
    -2

    Great dinner party conversation with Neanderthal knuckle dragging Liberal supporters

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