The Little Book of Economics
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Narrated by:
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Sean Pratt
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By:
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Greg Ip
About this listen
After the global financial panic and recession of 2007–2009, you don’t have to be president or a hedge fund manager to know that “It’s the economy, stupid.” Yet while the economy dominates the headlines, how it works and who influences it remain a mystery to most people. In The Little Book of Economics, Greg Ip, an award-winning journalist renowned for making complex economics easy to understand, walks you through how the economy really works.
You’ll learn:
- How psychology and the Federal Reserve drive business cycles
- How a financial crisis can transform a recession into a depression
- The surprising effects of fertility rates, lawyers, and ideas on economic growth
- Whether the United States faces a lost decade like Japan did in the 1990s
- The causes of inflation, how it destabilizes society, and why deflation is even worse
- How government debt can sometimes help end a recession but, other times, bring on disaster—and how to tell the difference
- The symptoms of financial crises and why they often occur in election years
- What goes on inside the Federal Reserve, what it does when interest rates are zero, and why its power to print money has made it the world’s financial fireman
You can’t understand the American economy without recognizing the growing influence of the rest of the world. So The Little Book of Economics digs into globalization, how it made America’s mortgage crisis possible, how it’s exploited by China to spur growth, and how it makes the United States richer even as it widens the gap between winners and losers. One side effect of the deepest economic downturn since the Great Depression is that it has ignited a fresh desire among citizens and investors to better understand the economy.
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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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Aftershock
- The Next Economy and America’s Future
- By: Robert B. Reich
- Narrated by: Robert Reich
- Length: 4 hrs and 30 mins
- Unabridged
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The author of 12 acclaimed books, Robert B. Reich is a Chancellor’s Professor of Public Policy at the University of California, Berkeley, and has served in three national administrations. While many blamed Wall Street for the financial meltdown, Aftershock points a finger at a national economy in which wealth is increasingly concentrated at the top - and where a grasping middle class simply does not have the resources to remain viable.
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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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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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A Brief History of Doom
- Two Hundred Years of Financial Crises (Haney Foundation Series)
- By: Richard Vague
- Narrated by: Kevin Meyer
- Length: 7 hrs and 22 mins
- Unabridged
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Financial crises happen time and again in post-industrial economies - and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues that such crises follow a pattern that makes them both predictable and avoidable. A Brief History of Doom examines a series of major crises over the past 200 years in the United States, Great Britain, Germany, France, Japan, and China - including the Great Depression and the economic meltdown of 2008.
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Great Continuity
- By Anonymous User on 08-24-22
By: Richard Vague
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Currency Wars
- The Making of the Next Global Crises
- By: James Rickards
- Narrated by: Walter Dixon
- Length: 9 hrs and 52 mins
- Unabridged
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In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon. Currency wars are one of the most destructive and feared outcomes in international economics.
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don't be misled
- By peter on 04-01-12
By: James Rickards
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The End of Normal
- The Great Crisis and the Future of Growth
- By: James K. Galbraith
- Narrated by: L. J. Ganser
- Length: 9 hrs and 27 mins
- Unabridged
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The years since the Great Crisis of 2008 have seen slow growth, high unemployment, falling home values, chronic deficits, a deepening disaster in Europe - and a stale argument between two false solutions, “austerity” on one side and “stimulus” on the other. Both sides and practically all analyses of the crisis so far take for granted that the economic growth from the early 1950s until 2000 - interrupted only by the troubled 1970s - represented a normal performance.
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The Fine Print
- How Big Companies Use 'Plain English' to Rob You Blind
- By: David Cay Johnston
- Narrated by: Todd McLaren
- Length: 12 hrs and 10 mins
- Unabridged
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David Cay Johnston has made a name for himself as the defender of the common man, calling out the rich and powerful for cheating the system at the expense of everyone else. Whether he's exposing unjust loopholes in the tax code that help the rich get richer or pointing out how powerful corporations pocket government subsidies at excessive taxpayer expense, Johnston is an eloquent town crier for justice and equality.
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A must listen if you love or hate Trump
- By Rob D on 04-19-17
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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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Beyond Outrage
- What Has Gone Wrong with Our Economy and Our Democracy, and How to Fix Them
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 3 hrs and 26 mins
- Unabridged
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Robert B. Reich urges Americans to get beyond mere outrage about the nation’s increasingly concentrated wealth and corrupt politics in order to mobilize and to take back our economy and democracy. Americans can’t rely only on getting good people elected, Reich argues, because nothing positive happens in Washington unless good people outside Washington are organized to help make those things happen after the election. But in order to be effectively mobilized, we need to see the big picture.
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Falls short
- By J. Klinghoffer on 11-04-13
By: Robert B. Reich
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Why Wall Street Matters
- By: William D. Cohan
- Narrated by: Rob Shapiro
- Length: 4 hrs and 14 mins
- Unabridged
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William D. Cohan is no knee-jerk advocate for Wall Street and the big banks. He's one of America's most respected financial journalists and the progressive best-selling author of House of Cards. He has long been critical of the bad behavior that plagued much of Wall Street in the years leading up to the 2008 financial crisis, and because he spent 17 years as an investment banker on Wall Street, he is an expert on its inner workings as well.
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An Inch Deep and A Mile Wide
- By Doug Sheridan on 04-26-17
By: William D. Cohan
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What listeners say about The Little Book of Economics
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- kenny freeman
- 06-30-21
simple explanation but alot to take in
its a book that is worth reading/listening to if you have an interest or need. this is not something you sit down and enjoy for an afternoon.
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- DonovanDesk
- 10-17-17
Who knew economics could be entertaining?
Excellent naration. Well written. Breaks down complicated economic theory into well organized easy to understand chunks.
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- Alan&Annie
- 07-08-12
Somewhat disappointing
Any additional comments?
While this book was an interesting overview of the way the economy works, it was a considerable disappointment to hear the author extole the virtues of an increasing population. This poor world has more than enough people and what we need is planning that will enable us to accommodate a stable or even decreasing population. Anyone who thinks, at this point in the earth's history, that we need more humans on the planet hasn't been paying attention.
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1 person found this helpful
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- Cori
- 04-15-12
Great as an audiobook!
Where does The Little Book of Economics rank among all the audiobooks you’ve listened to so far?
This book is required as part of my MBA and being able to listen while working out instead of reading it was exception.
What about Sean Pratt’s performance did you like?
The narrator did a great job of seeming interested in what could have been a really dry topic.
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2 people found this helpful
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- BBBman
- 08-12-12
Read like he wrote it
I got exactly what I was hoping for out of this book: a well rounded, non-partisan summary of the various engines, institutions and policies that drive our economy. It's not too long, but moves at a pretty good pace, so at times I found myself repeating sections or whole chapters to help it soak in better. Expected considering the topic.
I need to give huge props to the narrator for reading through this material in a natural and convincing way. This is one of the best examples of a narration that's so natural, I would believe it if I was told he was the author. Sean Pratt takes some potentially dry content by its nature and reads it like he's chatting with you in your living room over coffee. A lot of non-fiction audio books can come across rather dry and stilted, unnatural, or just downright bad. I thought the narration in this case was top notch. A pleasant listen, which is no easy feat for this kind of content.
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- Allen
- 02-28-16
Not a bodice ripper ...
... but the information was current, relevant and conveyed in a concise, straightforward manner.
Recommended for both serious and curious readers.
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- AccidentalDiva
- 02-24-24
Views on how society and economics go hand-in-hand.
I appreciated the simplistic approach to economics. I didn’t realize how much I found economics interesting, and was fascinated about the unpredictability, but predictability of how things may go or patterns from the past.
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- Scott C
- 03-26-22
Best book I’ve ever read on economics
In a simple, straightforward and concise manner this is the best book I’ve ever read on economics. Using many simple examples the author breaks down complicated concepts making them easy to understand. The narrator is easy to listen to and enhances the enjoyment of book.
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- Mr
- 01-30-24
Good lessons on economics
This book is very heavily US-focused; it would have been better if it was more world-focused and taught more fundamentals that apply to different countries.
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Overall
- Amazon Customer
- 03-02-22
missing chapter 8
for some reason once it gets to chapter 8 it he starts off the title with the chapter 9 title and every chapter is off from chapter 9 to chapter 15 and that I believe the introduction repeats itself in chapter 15
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