The Instant Economist
Everything You Need to Know About How the Economy Works
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Narrated by:
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Don Hagen
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By:
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Timothy Taylor
About this listen
The only economics book you will ever need.
Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor tackles all the key questions and hot topics of both microeconomics and macroeconomics, including:
- Why do budget deficits matter?
- What exactly does the Federal Reserve do?
- Does globalization take jobs away from American workers?
- Why is health insurance so costly?
The Instant Economist offers the knowledge and sophistication to understand the issues - so you can understand and discuss economics on a personal, national, and global level.
©2012 Timothy Taylor (P)2012 Gildan Media CorpListeners also enjoyed...
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The Age of Oversupply
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Very plausible assessment of our economy
- By CAR TOP CAMPER on 10-06-10
By: Robert B. Reich
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Globalization and Its Discontents
- By: Joseph E. Stiglitz
- Narrated by: Derek Perkins
- Length: 10 hrs and 33 mins
- Unabridged
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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national best-seller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.
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Plea
- By Asma on 10-13-20
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Red Flags
- Why Xi's China Is in Jeopardy
- By: George Magnus
- Narrated by: Derek Perkins
- Length: 9 hrs and 59 mins
- Unabridged
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Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. George Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.
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A pessimistic vision with western liberal bias
- By Jeronimo L. Jimenez on 10-23-20
By: George Magnus
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13 Bankers
- The Wall Street Takeover and the Next Financial Meltdown
- By: Simon Johnson, James Kwak
- Narrated by: Erik Synnestvedt
- Length: 8 hrs and 59 mins
- Unabridged
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Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks, which together control assets amounting to more than 60 percent of the country's gross domestic product, these financial institutions (now more emphatically "too big to fail") continue to hold the global economy hostage.
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Easy to Understand and Comprehend
- By Kyle on 04-11-10
By: Simon Johnson, and others
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The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- By: Mervyn King
- Narrated by: Greg Wagland
- Length: 14 hrs and 3 mins
- Unabridged
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Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
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Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
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An Extraordinary Time
- The End of the Postwar Boom and the Return of the Ordinary Economy
- By: Marc Levinson
- Narrated by: James Foster
- Length: 10 hrs and 55 mins
- Unabridged
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A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time describes how the postwar economic boom dissipated, undermining faith in government, destabilizing the global financial system, and forcing us to come to terms with how tumultuous our economy really is.
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Good review of crucial turning point in history
- By Philo on 11-22-16
By: Marc Levinson
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Putinomics
- Money and Power in Resurgent Russia
- By: Chris Miller
- Narrated by: Traber Burns
- Length: 8 hrs and 4 mins
- Unabridged
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In Putinomics, Chris Miller examines the making of Russian economic policy since Vladimir Putin took power in 1999. Miller argues that Putin's economic strategy has functioned far more effectively than most Westerners realize. While acknowledging that part of Putin's successes - above all, quadrupling per capita GDP in just a decade and a half - can be attributed to cashing in on high oil prices, Miller details the government policies that have also been fundamental to Russia's growth.
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Go find something better
- By Anonymous User on 08-04-21
By: Chris Miller
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The Death of Money
- The Coming Collapse of the International Monetary System
- By: James Rickards
- Narrated by: Sean Pratt
- Length: 13 hrs and 13 mins
- Unabridged
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The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: War, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching - and why this time, nothing less than the institution of money itself is at risk.
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A good review of the global financial system
- By Jean on 04-22-14
By: James Rickards
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The Shifts and the Shocks
- What We've Learned - and Have Still to Learn - from the Financial Crisis
- By: Martin Wolf
- Narrated by: Sean Pratt
- Length: 14 hrs and 53 mins
- Unabridged
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The Shifts and the Shocks is not another detailed history of the crisis, but the most persuasive and complete account yet published of what the crisis should teach us about modern economies and economics. The audiobook identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system.
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Good on Europe's problems, fair global update
- By Philo on 01-08-15
By: Martin Wolf
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What listeners say about The Instant Economist
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Steve Paulin
- 01-12-22
Economy so you can understand it.
I am no Economist but this book was a great introduction/refresher to the world of micro and macro economics. Uses good working examples to help understand the concepts. Good book if you're looking for one to just provide a overview of the complexity of the world economy.
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- Pisces 101
- 08-08-19
A good narrative of foundation of economics
an easy to understand narrative of basics of economics, a good refresher for those who studied the topic in college and a good introduction to those who are new to the field
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- Jake
- 02-15-15
Timothy Taylor is the best
This was an excellent survey of the basics. Taylor establishes where economists agree, and highlights where they don't (mostly macroeconomics). He really knows how to explain economic thinking. He focuses on the intuitions at the heart of economics. Trade-offs are everywhere and we need to understand what these trade-offs are. He rids the listener of zero-sum thinking, as I think many people who don't understand economics succumb to. Any good citizen should be familiar with the basics of economics and this book is a superb deliverer of those basics. Graphs and complex mathematics are unnecessary for the most part. Taylor's Great Courses lectures on economics are also fantastic. I highly recommend them for anyone seeking to understand the world.
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3 people found this helpful
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- C. Eng
- 07-19-17
Great overview of Economics
Covers all the bases. Nothing too dense, just the fundamentals.
If you are seeking to fill in gaps in your knowledge and gain a broader economic perspective, look no further.
Performance was excellent and very pleasant on the ears.
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- Consumer Expert!
- 06-11-23
The best economic basics book
If you want to understand the basics of economics this is the best starter audiobook yet.
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- Loren
- 03-04-13
Reasonable Review of Key Concepts
This is not your typical airport economics book where an author applies economics to a few selected issues, but a textbook in audible form. My recollection is that the first 18 chapters were micro and the second half of the book covered macro, trade, etc. Most of the chapters were not particularly long, and there were no obvious cases where I felt the material was wrong, and a few situations where the examples might have been better chosen. For a book of this length, that is probably a pretty good record. In addition, one of the biggest challenges in producing a textbook in audible form is that you can't use graphs or charts to support the explanation. Surprisingly, that was not much of a problem in this text, as most of the explanations of concepts were pretty clear in audible form. I will say that any explanation of supply and demand curves, with movement along the curves vs. shifts in the curves is going to be difficult without seeing a few examples, but I am not sure that is the fault of the author or narrator.
As to the narrator, the pacing was pretty good and the reader did not get in the way of the material. In summary, about as good as a textbook can get in audible form; I find it hard to call it 'a great read'.
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2 people found this helpful
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- Parmakis Ioannis
- 10-13-20
A comprehensive and easily understood overview
A very useful book in the field of economics. It will definetely help everyday people view economics through a more informed lenses. I definetely liked the last chapter. The reason I didn't award a 5 star is because I believe that the author, while he is trying, ultimately fails to be quite objective. He states clearly that he supports some government intervention and in his initial assumptions he makes clear that he will not consider and analyze "no intervention" economics.
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