Naked Economics book cover

Naked Economics by Charles J. Wheelan Summary

Naked Economics
Charles J. Wheelan
4.03 (19339 Reviews)
Economics
Business
Finance
Обзор
Ключевые Выводы
Автор
Часто Задаваемые Вопросы

Overview of Naked Economics

Ever wondered why McDonald's spends billions on advertising? "Naked Economics" strips away jargon to reveal how markets, incentives, and human behavior truly work. A global phenomenon praised by educators for making complex concepts digestible - like understanding who really feeds Paris.

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Ключевые выводы

1

Why Your Morning Coffee Reveals More About Economics Than a Wall Street Ticker

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Have you ever wondered why your local barista earns minimum wage while a celebrity chef commands millions? Or why gas prices seem to rise overnight but fall slowly? These aren't random quirks-they're economics in action, the invisible architecture shaping every decision you make. Economics isn't about graphs and equations; it's about understanding why people do what they do and how those choices ripple through society. At its core, economics rests on one simple truth: people respond to incentives. We act to make ourselves better off, whether that means buying a latte, choosing a career, or donating to charity. This isn't cynicism-it's reality. When a washerwoman named Oseola McCarty donated her $150,000 life savings to scholarships despite living frugally, she wasn't defying economics. She was maximizing her own utility through generosity, proving that self-interest encompasses far more than selfishness.

2

The Price Is Right: How Markets Speak in Numbers

3

The Invisible Hand Needs a Gentle Push

4

The Information Game: When One Side Knows More

5

Human Capital: Your Most Valuable Asset

6

Beyond Borders: The Global Economic Machine

7

Economics as a Lens for Living

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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

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117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

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108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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254
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17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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