Quarterly Journal of Austrian Economics

Review of Naked Economics: Undressing the Dismal Science by Charles Wheelan

The Quarterly Journal of Austrian Economics
Downloads

 

Volume 7, No.1 (Spring 2004)

 

For the usual readers of free market books, Naked Economics promises exciting reading. Charles Wheelan, an American correspondent of London’s Economist and a lecturer at Northwestern University, promises to “undress the dismal science.” Undressing in this sense means “stripping away all of the diagrams, equations, and jargon” and making it the science of real life. “Dismal” means that misunderstanding of the science that equates it with boredom, vagueness, and sheer dullness that Thomas Carlyle forever smeared economics with. In the Foreword, Burton Malkiel calls the book “truly unique,” because Wheelan succeeds in giving us “a delightfully readable guide to economic literacy.”

CITE THIS ARTICLE

Pongracic, Ivan. “Review of Naked Economics: Undressing the Dismal Science by Charles Wheelan.” The Quarterly Journal of Austrian Economics 7, No. 1 (Spring 2004): 91–93.

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute