Member Reviews
I appreciate the author's effort in "dumbing things" down to a lay person, but despite that I still found it to be a bit too verbose. I had a difficult time finishing this book for that reason - it took me about 6 months to finish it! But I can't hold this against Mr. Ottenson. Perhaps others will find his book more compelling.
As someone who falls squarely in the category of this book's intended reader -- namely, an educated and inquisitive person without any formal background in economics -- I think this books generally succeeded in its goal of exposing popular fallacies based on principles widely accepted by economists. Being a philosopher, the author makes additional arguments for why economic prosperity is necessary for widespread human flourishing. Throughout, he develops ideas about the centrality of human equal moral agency that he thinks are typically unspoken but implied by much economic thinking. Economic growth and the prosperity it promotes, he argues, is integral to the expression or fulfillment of our moral agency. The book covers seven core fallacies along with a dozen or so ancillary ones, and is written in an accessible and engaging style and the content is never dry or remote from common concerns about how basic institutions of civil society should be organized in light of human individuality and diversity.
This is an extremely good book about the basics concepts of economics that should be of interest to most readers. My lone complaint is that I found it to be a little repetitious and too wordy.