Forward - Chapter 3 Summary and Analysis

"Naked Economics: Undressing the Dismal Science" by Charles Wheelan is a book that takes the subject of economics and breaks it down so the average reader can understand what makes an economy thrive or fail. It offers insight into morals, ethics and regulations associated with economic decisions.

The Foreword is written by Burton G. Malkiel. He writes about how the subject of economics has been considered dismal and dry for over a hundred years. He finds that the tarnished view of economists come from presentations filled with mathematics, diagrams and tables. Economists aren't strong in writing overall, and they don't show the connection to everyday life. Malkiel points out that this book, written by Charles Wheelan is different. He brings economics to life, bringing it to its bare essentials.

Economics is a tough subject, much more difficult...