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The economy has never been so relevant to so many people as it is now, and it's vital that we understand how it affects our lives. 'There's no such thing as a free lunch' is the one phrase everyone has heard from economics - not even for bankers. But why not? What does economics tell us about the price of lunch - and everything else?
Free Lunch makes the economics pages of the newspaper intelligible and addresses the concerns that worry us all. It will enable you to understand - and challenge - the claims made by politicians Set out like a good lunch-time conversation, the book will guide you through the mysteries of the economy. Your guides will be some of the greatest names in the field, including Smith, Marx and Keynes. This clever and witty introduction to economics costs less than even the cheapest meal. It is essential reading in these times of economic uncertainty, and is far more satisfying than even the most gourmet banquet.
- Sales Rank: #1234841 in eBooks
- Published on: 2010-07-09
- Released on: 2010-07-09
- Format: Kindle eBook
Review
David Smith skilfully cuts through the mind-numbing waffle that surrounds much of modern economics, delivering a highly accessible guide to a subject that many claim to understand but very few do. -- Jeff Randall, BBC Business Editor Smith ... is an amiable and talented dining companion -- Martin Hemming Observer Free of jargon, obfuscation and interminable subordinate clauses, his prose is just the job -- Ross Leckie The Times
About the Author
David Smith is Economics Editor of The Sunday Times. He has a number of other books under his belt and is regularly on the radio and television, commentating on economics.
Most helpful customer reviews
4 of 4 people found the following review helpful.
A nice introduction; could have been juicier
By Manish Malik
I read this book almost simultaneously with my reading of "Hidden Order" and "Undercover Economist". I'll state my opinion on this book briefly:
1. This book tells you about the lives of Economists whose theories it talks about. This is good - since you learn much more than just the theories; you get to know much more about the Economists than just the theories they postulated.
2. The chapters progress from simple logic to not-so-simple theories. David Smith has written the text beautifully - it's nice to read and 'digest' this lunch.
3. One negative point - sometimes the storyline moves very slowly. There were many instances where I grew impatient with the reading and flipped pages to see where it all was leading to. The style could have been more concise.
Overall, I would rate this book a 4 out of 5. It's written in a lucid style, but probably won't appeal to everyone - particularly not to those who prefer fast readups.
2 of 2 people found the following review helpful.
Starts good, but progresses into the complex topics in a convoluted way
By Jacob
The book starts pretty good, explains a lot of basic stuff in simple language. Where things start getting bad is when the author takes a nasty personal attack at some economists he does not like. Delves into the personal lives in uncharacteristic fashion for any economics author.
The other aspect that rubbed me the wrong way is he is not able to explain complex but remarkable stuffs of the 80s and 90s pushed through in simple language. It gets frustrating when convoluted sentences are used to explain it. I stopped reading the book at around page 200.
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