Naked Economics: Undressing the Dismal Science pdfdrive com

see also black markets
Underwriters Laboratories, 125
unemployment, 103, 137, 212, 214, 268, 327–28
as economic indicator, 216–17
Federal Reserve’s effect on, 226
French workweek and, xix
in Great Depression, 224
rates of, 199, 216–17
unemployment benefits, 52
unintended consequences, 38–40
United Airlines, 17
United Nations, 92
Food and Agriculture Organization of, 303
Human Development Index of, 205, 267, 292
Millennium Development Goals of, 303–4
United Nations Development Program, 69
United Negro College Fund, 144
United Services Automobile Association, 161

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United States economy, see economy, U.S.
university education, later success and, 126–28
UPS, 86
used car market, 113, 117
U.S. Open tennis tournament, 159–60
utility, 32, 66–67, 149
aesthetics and, 329–30
decision making and, 8–12, 26
maximization of, 6–7, 8–10, 168, 329
relative wealth and, 149–50
vaccines, G. Brown’s plan for, 313
value, definition of, 65
value added, 13, 42, 126–27, 128
Venezuela, 243
Vermont, 302, 330
Viagra, 16, 70
Vietnam, 25, 95, 125, 148, 283, 284, 288, 295
Vietnam War, 312
Volcker, Paul, 43, 229, 230, 244
voluntary payment systems, free riders and, 32, 75–77
Waheed, Abdul, 73–74
Wall Street, 43, 165, 169, 172, 246
in financial crisis, 210–13
see also stock market
Wall Street, 46
Wall Street Journal, 20, 89, 96, 126, 169, 175, 177, 178, 204, 207, 236, 258, 330, 334
Wal-Mart, 49, 51, 297
Warner, Andrew, 314
Washington, D.C., 289
Washington Post, 193
water, environmental standards and, 297–98
wealth:
created by trade, 281–83
definition of, 235
environmental concern and, 7
happiness and, 205–6
preferences and, 7
protection of, 157–58
relative, 149
talent and, 15, 132–34
transfer of, 51, 52, 78, 83, 105–6
Wealth of Nations, The (Smith), 35
welfare policy, incentives and, 52–53, 314
Welk, Lawrence, 105
West Africa, 161–62
White Man’s Burden, The (Easterly), 323
“Who feeds Paris?,” 4
Wikipedia, 77–78
Winfrey, Oprah, 49, 125

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Winfrey, Oprah, 49, 125
women:
education and, 139, 144–45, 146, 310, 321
in labor force, xvii, 51–52, 110–12, 137, 149, 320–21
“marriage tax” and, 51
maternity leave and, xvii, 110–12
post-delivery hospital stays of, xxi in symphony orchestras, xxii–xxiii welfare and, 52
Woods, Tiger, 125, 132, 282
Woodward, Bob, 234
Wooldridge, Adrian, 294, 300
“work time,” 202–3
workweek, 10
in France, xix
work year, 141
World Bank, 6, 119, 162, 299, 303, 306, 311, 318, 323, 324
function of, 275
origin of, 275
protests against, 276
World Cup, 161
World Football Federation, 161
World Health Organization, 92, 203
World Is Flat, The (T. Friedman), 280
World Trade Organization (WTO), xix, 183, 193, 194, 281, 289
precursor of, 288
World War II, 224, 227, 235, 261, 274, 288
Wright, Frank Lloyd, xxv
Wrigley Building, 61
WuDunn, Sheryl, 291–92, 295, 296
Xi Jinping, 333
Yale University, 108–9, 127, 177–78
Yemen, 159
zero-sum games, 165, 299
Zimba, Nashon, 302
Zimbabwe, 239
Zonis, Marvin, 152, 284–85, 293
Zuckerberg, Mark, 17

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Praise for naked economics

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by Charles Wheelan
“I recommend this book to anyone who wants to gain an understanding of basic
economics with little pain and much pleasure.”
—Gary Becker, 1992 Nobel Prize winner in economics “I devoured Naked
Economics whole, start to finish. Finally an economist was speaking my
language! Finally I could grasp not only the meanings of all those acronyms I
only pretended to understand but also how the institutions and concepts for
which they stand might—and do—impact my life. Bravo, Charles Wheelan, for
doing the impossible: making the study of economics fascinating,
comprehensible, and laugh-out-loud funny.”
—Deborah Copaken Kogan, author of Shutterbabe: Adventures in Love and War
“From simple supply and demand to the much more frightening subject of
monetary policy, this book manages to explain our global economy in a way that
is (gasp!) actually entertaining.”
— Book Magazine
“Translates the arcane and often inscrutable jargon of the professional economist
into language accessible to the inquiring but frustrated layman…. Clear, concise,
informative, [and] witty.”
— Chicago Tribune
“In just a few easy lessons, … Wheelan can teach the most innocent reader to
think like an economist.”
— Kirkus Reviews

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Also by Charles Wheelan
Naked Money: A Revealing Look at Our Financial System
Naked Statistics: Stripping the Dread from the Data
The Central Manifesto
10½ Things No Commencement Speaker Has Ever Said
Revealing Chicago: An Aerial Portrait (with Terry Evans)

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