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Understandable Economics
- Because Understanding Our Economy Is Easier Than You Think and More Important Than You Know
- Narrated by: Howard Yaruss
- Length: 7 hrs and 29 mins
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Publisher's summary
In this entertaining and informative guide, author Howard Yaruss breaks down our economic system in a straightforward way, avoiding jargon, formulas, graphs, and other technical material so common in books on this subject. Instead, he creates a compelling and comprehensive picture of our economy using accessible analogies, real-world observations, and entertaining anecdotes.
Understandable Economics will enable listeners to answer questions such as:
- Why is inequality soaring and what can we do about it?
- Do tax cuts for the wealthy create jobs or just create more inequality?
- Where does money come from, why does it have value, and who controls it?
- What does the Fed do and how does it affect our lives?
- Could alternative currencies like Bitcoin replace the dollar?
- Is our national debt a threat?
- Why do so many people believe free trade is good if it causes some people to lose jobs?
- Why does the economy regularly turn down and how can we get it back on track?
- And many more.
Understandable Economics provides the context, tools, and foundational knowledge listeners need to thoroughly understand our economy, determine which policies would work best, and champion those policies effectively.
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When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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A Great Overview of the Challenges of Modern Econ
- By Zach Sullivan on 08-06-18
By: Jean Tirole, and others
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
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Dead Aid
- Why Aid Is Not Working and How There Is a Better Way for Africa
- By: Dambisa Moyo, Niall Ferguson - foreword
- Narrated by: Mike Chamberlain
- Length: 6 hrs and 29 mins
- Unabridged
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A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.
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Dangerous / Right Wing US view
- By David O'Donovan on 03-05-19
By: Dambisa Moyo, and others
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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 Great Reversal
- How America Gave Up on Free Markets
- By: Thomas Philippon
- Narrated by: Walter Dixon
- Length: 10 hrs and 1 min
- Unabridged
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Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.
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Eye-opening, but better as a book - a must-READ
- By Ash on 11-29-19
By: Thomas Philippon
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Other People's Money
- The Real Business of Finance
- By: John Kay
- Narrated by: Walter Dixon
- Length: 11 hrs and 54 mins
- Unabridged
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The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions.
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Listened twice. Everyone must read this.
- By Tristan on 01-18-16
By: John Kay
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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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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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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
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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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Free to Choose
- A Personal Statement
- By: Milton Friedman, Rose Friedman
- Narrated by: James Adams
- Length: 12 hrs and 15 mins
- Unabridged
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Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
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Fantastic
- By Erik on 01-21-08
By: Milton Friedman, and others
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What listeners say about Understandable Economics
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- Villageidiot
- 02-06-23
Excellent book on economics
Excellent easy to grasp overview of economic concepts. I highly recommend this book. One of the best if you’re new to the topic or need a refresher.
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- Fit-gamer
- 03-03-23
great snapshot approach to economics
I like how this book gave some examples on how to solve some economic imbalances in logical ways. this book does lean a little democratic, so there is a balance between anti-rich & more efficient government spending. good read though
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- Seth
- 01-27-23
Great for gaining an understading of our economy
If you have ever taken a course in economics or read a few books on the subject, you will be really impressed with how clear and interesting this book is. The narrative was surprisingly easy to follow and understand. It explains things I've always wondered about or heard about, but never really understood. I think this book would appeal to people on both the left and the right of the political spectrum. I was particularly impressed by the book's refusal to bound by any ideological straight jacket (unlike so many recent books about economics and public policy). It tells it like it is. I really enjoyed listening to it and think everyone would benefit from it.
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- Connie K.
- 12-08-23
Economic made simple but not oversimplified
👍🏾 enough said. Get it listen to it. Form your own opinion. Economics can be convoluted so it's great this book sticks to relavent points.
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- T. Mokbel
- 12-20-22
Waste of money
One of the worst books I have ever listened to.
The author’s reading of the book and his voice is irritating.
He knows nothing about a simple explanation of the economy. He doesn’t understand it.
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1 person found this helpful
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- :
- 02-06-23
Sophomoric and stilted
I stopped listening after Chapter 2 due to several off-based assertions. There were several but I’ll pick on one.
Income inequality is due to a failure of “the system” a.k.a. Capitalism. This is not only untrue, but in direct conflict with his previous statements - how capitalism lifted millions of people out of poverty in the previous century. Apparently capitalism works phenomenally well (unprecedented in the history of the world according to the author) when viewed after several decades, but fails when viewed presently.
His premise fails to address the very nature of capitalism and how it accomplished all that it has - through competition and meritocracy which leverage inequality, while at the same time increasing the standard of living for everyone, and paradoxically decreasing the overall inequality.
No one on the planet goes to the store and picks the lesser product suffering from inequality to correct the "injustice". His premise ignores the real reasons for income inequality in those communities - disproportionate higher rates of - single motherhood, deadbeat fathers, child illiteracy, youth incarceration. There's no amount of free money you can throw at those kinds of issues to solve them.
Capitalism is not a free ride - there's a cost to the individual. But it provides the same way out for poor people today, as it has for millions in the past - through hard work, adding value to yourself and others, sacrifice and delayed gratification.
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2 people found this helpful