'Naked Economics\r'

'The Power of Markets Meandering base to markets, utility, market price, etc. Lots of brazen statements and glib stories with no evidence or references. 2: Incentive Matter more(prenominal) stories, this time about incentives. Why they subject and why it is hard to fix markets that befool bad outcomes because of bad incentive structures. He repeats Steven Levitys story about real nation brokers. On p. 33 (bottom) â€Å"Economics teaches us how to get incentive right. ” but the full-length chapter is stories about how attempts to change incentives have failed. giving medication and the parsimony Discussion of externalities and how governments can objurgate for them. Also the role of government in ensuring fair markets, enforcing property rights, enforcing contracts, regulation, etc. Governments render â€Å"public experts”. 4: Government and the Economy II The bad side of government. nearly expert points but mostly stories that dont come on anything. Lots of glib platitudes, like the USPS is right smart more inefficient than UPS or Fed. any(prenominal) interesting points about regulation and taxes. 5: Economics of InformationSome good points about wayward selection and issues with incentives. Discussion of the economic problems with health c atomic number 18. devout raillerys of brands and profiling. 6: Productivity and man Capital Good preachings of the importance of grooming and why talented people are paid more. Discussion of productivity, some dislocated parts. Discussion of income/wealth inequality. 7: fiscal Markets Good but shallow handling of financial markets. 8: The Power of create Interests 9: Keeping Score Good Joke on p. 149.Business cycle, growth, GAP. A secondment about Keynes. Fiscal and monetary policy. 10: The Federal Reserve Reasonable discussion of the Fed, inflation, and deflation. 1 1: Trade and globalisation Reasonable but shallow discussion of trade, globalization, etc. He repeats conventional i ntelligence and doesnt get into any of the hard issues. truly weak discussion of comparative advantage, which is central. 12: Developmental Economics Generally good discussion of what it takes to develop a country. epilog: Life in 2050 Some good questions.\r\n'