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Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures, by Michael Goodwin
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Stimulus plans: good or bad? Free markets: How free are they? Jobs: Can we afford them? Occupy Wall Street . . . worldwide!
Everybody’s talking about the economy, but how can we, the people, understand what Wall Street or Washington knows—or say they know? Read Economix.
With clear, witty writing and quirky, accessible art, this important and timely graphic novel transforms “the dismal science” of economics into a fun, fact-filled story about human nature and our attempts to make the most of what we’ve got . . . and sometimes what our neighbors have got. Economix explains it all, from the beginning of Western economic thought, to markets free and otherwise, to economic failures, successes, limitations, and future possibilities. It’s the essential, accessible guide to understanding the economy and economic practices. A must-read for every citizen and every voter.
PRAISE FOR ECONOMIX
“Goodwin brilliantly contextualizes economic theories with historical narrative, while Burr’s simple but elegant illustration employs classical techniques like caricaturing politicians and symbolizing big businesses (as a gleeful factory) to help the reader visualize difficult concepts.” —Publishers Weekly, starred review
“[Economix] brings a lively visual sensibility to this intensely abstruse subject matter without condescending to the reader or dumbing the ideas down.” —MotherJones.com
“Flat-out awesome!” —Wired.com
“This witty and elegant volume takes on a number of complex issues—in this case, economics, history and finance—and makes them comprehensible for mere mortals.” —Miami Herald
“After reading Economix I felt like I understood many fundamental aspects about the way the world works that I had been too lazy to learn about before . . . Economix is a book I’m going to buy and give to people.” —Boing Boing
“Having never taken economics in college, I find the world of high finance needlessly complicated and confusing. Thankfully Michael Goodwin saw the need for a basic primary on how the economy currently works and how we got here. A text like this would certainly help high school and college students gain their first taste of financial literacy and it comes recommended for the rest of us.” —ComicMix.com
“Just when the world seems to have fallen apart thanks to the economy, Goodwin and Burr’s Economix comes along to give us some understanding of the immense, yet still ‘delicate machine’ that controls our world so that we can be the rulers with our votes and not the uninformed (or disinformed) ruled.” —BigThink.com
“Michael Goodwin hasn’t just written a great graphic novel—he’s written one that should be required for every school, newsroom and library in the United States.” —Minneapolis Star Tribune
“It’s simply phenomenal. You could read ten books on the subject and not glean as much information.”
— David Bach founder of FinishRich Media; author of nine New York Times bestsellers, including Debt Free for Life and The Automatic Millionaire
“Goodwin has done the seemingly impossible—he has made economics comprehensible and funny.”
— Joel Bakan, author of The Corporation: The Pathological Pursuit of Profit and Power
“An amazing lesson in true-world economics! Delightfully presented, powerful, insightful, and important information! What a fun way to fathom a deep and often dark subject!”
— John Perkins, author of Hoodwinked and the New York Times bestseller Confessions of an Economic Hit Man
“Smart, insightful, clear, and as close to the truth as economics can get. The bonus: Who would have guessed that economics could be fun, and—here's the joy—really accessible? Goodwin roots us in history and fills us with common sense understanding. As he puts it early on, economics seems horribly complicated mostly because we're looking at it all at once. Broken down into its component pieces, it's relatively easy to understand. And a good understanding of economics is critical to maneuvering in the world today. If I were compiling a list of the 100 most important books you can read in a lifetime, this would be on it.”
- Sales Rank: #111703 in eBooks
- Published on: 2012-09-01
- Released on: 2012-09-01
- Format: Kindle eBook
Review
"I just cannot stress enough how amazing this book is!" --Wired.com
About the Author
Michael Goodwin is a writer and editor with a degree in Chinese studies. He has lived in China, India, and now New York City. Dan E. Burr illustrated the classic graphic novel Kings in Disguise. He lives in Milwaukee.
Most helpful customer reviews
3 of 3 people found the following review helpful.
An economics book for everyone.
By Michael Deck
This book gave me the basic economic understanding I was looking for to make sense of the world today. Yes it's biased toward the left wing, yes it really only talks about the US economic history, but it quite obvious about being biased and most importantly, uses this as a vehicle for explanation. As such, it teaches more because of its perspective, rather than being limited by it.
2 of 2 people found the following review helpful.
While somewhat educational on the theory of economy, it's really an examination of the current (post Great Recession) economy
By D. Arnett
Really a treatise on why the USA economy is where it is after the Great Recession. Does go into economic theory but its strength lies in reviewing policies implemented in the USA. Because basic economic theory (which should be understood before reading this comic) should be already part the reader's knowledge before reading (see Yoram Bauman and Grady Klein's Cartoon Introduction to Economics Vol-1 http://www.amazon.com/gp/product/0809094819/ref=cm_cr_ryp_prd_ttl_sol_55 and Vol-2 http://www.amazon.com/gp/product/0809033615/ref=cm_cr_ryp_prd_ttl_sol_53), this isn't necessarily where to start so to grasp economic theory. For a guy like me who has virtually no background in the subject, the information is somewhat unsettling but expected (a lot of the information has been mentioned-in-passing on radio, television, and various printed media.)
3 of 4 people found the following review helpful.
Clear without being simplistic, one of the most accessible accounts of the evolution of economics thought I have seen so far.
By Patrick Perdu
I have been reading about history and economics for years and as economics books this one just nails it.
I have to admit I was quite weary of reading a comic book on such a serious subject but the author actually nailed it very well: there is no concession to clarity or significant cut corners in there.
It covers the history of the economic thought to the present day and although the author is left-leaning (at least in his economics view) he made a very good job at being balanced until at least the 80's and Reaganomics, which he prefaces explicitly by stating that what was coming was necessarily colored by his views.
If what you want is a 4-hours read that gives you a pretty good idea of the evolution of economic thought including much History (not of just the US) without being tedious, this is a great choice.
I have ordered three additional copies of which I already gave two away and I am most likely to buy another few copies.
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