One of the famous books on popular economics.
Be warned, though the book claims to be a book on economics, its in fact a book on sociology. The reader hardly learn anything about economics from this.
The author talked about the how conventional wisdom might not true all the time. To support his point, author had given many examples. These examples, give us a different view on society in general.
Instead of discussing chapters like GDP, GNP , growth rate etc etc author chose to discuss much on criminology and popular misconceptions. However, some of the arguments against misconceptions are hard to agree, or hard to check the authenticity. For example, in an argument against the popular belief that watching TV damage brains of kids, author says that, in Finland, where children are allowed to go to so from the age of seven, sit at home, and learn to read by watching American channels with finnish subtitles. Another chapter is dedicated to money spent by contestants in American elections and their percentage of victory. I find that chapter, really ridiculous.
Too many statistics in some chapters, and while breaking generalizations, author made few generalizations. I disagree with the misconceptions author has mentioned, but can't really accept the examples he provided.
If you really want to learn something on economics or get an insight into world trade or something like that, dont buy this one, instead go for "Underground economist" .
Be warned, though the book claims to be a book on economics, its in fact a book on sociology. The reader hardly learn anything about economics from this.
The author talked about the how conventional wisdom might not true all the time. To support his point, author had given many examples. These examples, give us a different view on society in general.
Instead of discussing chapters like GDP, GNP , growth rate etc etc author chose to discuss much on criminology and popular misconceptions. However, some of the arguments against misconceptions are hard to agree, or hard to check the authenticity. For example, in an argument against the popular belief that watching TV damage brains of kids, author says that, in Finland, where children are allowed to go to so from the age of seven, sit at home, and learn to read by watching American channels with finnish subtitles. Another chapter is dedicated to money spent by contestants in American elections and their percentage of victory. I find that chapter, really ridiculous.
Too many statistics in some chapters, and while breaking generalizations, author made few generalizations. I disagree with the misconceptions author has mentioned, but can't really accept the examples he provided.
If you really want to learn something on economics or get an insight into world trade or something like that, dont buy this one, instead go for "Underground economist" .
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