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Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures

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4.31  ·  Rating Details ·  1,889 Ratings  ·  321 Reviews
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 transform
...more
Paperback, 304 pages
Published September 1st 2012 by Harry N. Abrams
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(showing 1-30)
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Zanna
Oct 12, 2013 Zanna rated it it was amazing
Recommended to Zanna by: Alex
These days everyone's worried about the economy! The economy is the biggest issue for voters! Won't somebody puh-leeeeeese think of the economy?

I don't know about you, but I don't remember anyone ever explaining anything about this economy to me in eleven years of compulsory education. Every politician confidently promises to fix it and everyone has an opinion on it, but most of us rely heavily on clued-up commentators to translate market jargon into baby-talk we can nod along to, and believe th
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Yann
Jun 25, 2013 Yann rated it it was ok  ·  review of another edition
Shelves: usa, comics, économie
Je ne lis plus beaucoup de bandes dessinées, mais j'avais envie pour changer un peu de lectures austères, de tester celle-ci, qui promettait d'instruire en distrayant. Au début, l'auteur se représente avec une pile de livre d'économistes sous le bras. Il explique au lecteur qu'il s'est donné, pour la lui épargner, la peine de les lire et les comprendre à sa place, pour n'en garder que le plus important. Quel bon moyen de devenir à son tour éclairé à moindre effort! Non pas comme ces diplômés, ca ...more
Patrick Zandl
Dec 28, 2014 Patrick Zandl rated it it was amazing
Komiks o tom, jak funguje ekonomika, jsem namátkově znal z anglického vydání a v češtině jsem ho původně koupil dcerám k vánocům. Co by mě mohlo na takovém zpracování překvapit, že jo...

Nakonec jsem ho zhltnul na posezení. Kniha výborně probírá více i méně známé stránky ekonomiky v historickém průřezu. Neukazuje izolované ekonomické teorie a teoretiky, ale především to, jak se projevovala v praxi. Nejde o odosobněnou výkladovou knihu o makroekonomii, ale přesně o to, co mám rád: kontinuální výk
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Ananya
To quote Joel Bakan ( author of The Corporation), "don't be surprised if it turns out to be the first comic book to win its author the Nobel Prize in Economics" . I can't agree more.

And boy, who knew dismal science can be so fun to read?!
Steve Klabnik
Oct 30, 2012 Steve Klabnik rated it really liked it
Shelves: own
A few friends recommended Economix to me, so I picked it up the other day. I
was expecting not to like it, but I needed to mix some light reading into
my schedule, and blew through Economix in a few hours. I really enjoyed it
overall, but like any book, it's not without it's problems.

### Marx

The first thing that I do when I read any layman's book about economics is to
check the index for the words "Karl Marx." It's sort of a filter; if they
don't strawman Marx, then it's probably pretty good. If they
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Mr. Steve
Jun 17, 2012 Mr. Steve rated it it was ok
Shelves: adult-nf
This book had a really interesting concept - using a graphic novel format to simplify the economy (this is an adult book). I learned a little bit and enjoyed the first half. However, a caveat: in the second part of the book, the author warns that he's going to get political and that is when this book went downhill, and fast. At least he gave a warning.

In full disclosure, I am a fiscal conservative so the author's blatant liberalism would be something I wouldn't agree with anyway. However, he is
...more
Mike
Dec 02, 2012 Mike rated it liked it
Good introduction to basic economics and its history (primarily via the U.S. experience). The author's own political sensibilities are somewhat hamfistedly delivered as he approaches the present day, and there is a shade too much hero worship of Adam Smith and the Roosevelt clan, and he also tends to veer into Greenpeace territory more than an introduction to economics should. I actually agree with most of his viewpoint, but the polemic seems out of place and poorly handled. The book would've be ...more
Iain
Nov 13, 2012 Iain rated it it was amazing
I've been hearing a fair amount of buzz about this, and at the bookshop where I bought it the owner said "oh, we've been selling a lot of these!" And I can see why—it's excellent.

It's basically a cartoon history of the world economy and of economic theory, from Adam Smith up to 2011 or so. Goodwin cites Larry Gonick's Cartoon History of the Universe as his inspiration, but this book reminds me more of Scott McCloud, particularly Reinventing Comics. Like McCloud, the author's avatar talks directl
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Josh
Jan 29, 2013 Josh rated it it was amazing
The author condenses a mountain of economic texts into a highly readable 300-page comic book, deftly explaining economic theory and history from Adam Smith's 1776 masterpiece "The Wealth of Nations", to the Keynesian stimulus spending after the 2008 collapse and beyond. The illustrations make the book extremely approachable, but don't think for a second that the book is juvenile or watered-down. I actually had to read the book in small chunks so that I could process the onslaught of information ...more
Roseb612
Velmi zajímavá knížka - základy ekonomie mě sice potkaly na škole, takže jména jako Smith, Keynes nebo Friedman jsem znala, ale s pochopením jejich teorií už to bylo horší. A na to je právě tato kniha skvělá - dokáže komplikované teorie převést na přístupné příběhy, které jsou mnohem zajímavější a také snáze pochopitelné. Sympatický je také přístup autora, který ekonomii vnímá spíše jako společenskou vědu, což ale dnes není až takový standart. Celkově je jeho hodnocení stávající ekonomiky nepříl ...more
Jean-Luc
Mar 08, 2013 Jean-Luc rated it it was amazing
Way back in the day, when we had to walk uphill both ways to get to class, students were required to take Macroeconomics 101 @ Stevens Institute of Technology. The point, I'm sure, was to allow us to digest the news and make informed decisions as voters. The professor was boring, the book prided itself on only using tautologies, all quizzes were multiple choice, and attendance was mandatory. (The last one explains why I only got an A-, ruining my best shot at a 4.0 GPA.)

This book is a 400 year t
...more
Charles Hatfield
Dec 06, 2012 Charles Hatfield rated it really liked it
Obviously indebted to Larry Gonick's Cartoon Guides and Cartoon History of the Universe, especially the latter, this is a dense guide to the history and reigning theories of economics; the policies, debates, and sometimes suffering they have engendered; and, above all, the gap between the pristine mathematical models of textbook economics and the realities of human life. It's a smart, properly skeptical book, thick, fairly demanding, and (again like Gonick, as well as Scott McCloud's textbooks) ...more
Caren
Sep 16, 2012 Caren rated it really liked it
Shelves: adult-nonfiction
Do you find the subject of economics to be boring and/or incomprehensible? If so, this is the book for you; here is the subject brought to life in a dynamic mix of thoughtful words and pictures. Yes, the author does indeed come from a decidedly left-leaning perspective, as he freely acknowledges at about page 200 (that is, two-thirds of the way through the book), but you can take that in stride and still glean a whole lot of info from this book. I would highly recommend this book to high school ...more
Eimad
Jul 30, 2014 Eimad rated it it was amazing
I have my fair share in economics knowledge due to some previous reading be it from libertarians, socialists and some capitalists as well. I also benefited from Khan Academy videos from economic section. But this graphic novel is far superior for non economic major like me. It is Econ 101 without tendency to influence you to either side. Previously I read from laissez-faire view, social Democratic, and state communism. But this show them all. The best thing in this book is how author present the ...more
Santhosh
Jan 10, 2014 Santhosh rated it it was amazing
Shelves: favorites
This is a lively, refreshingly opinionated romp through the historical and intellectual foundations of world economy, economics, and economic problems. An absolute delight, it also acts as a crash course on Western history. Complex ideas and events have been distilled so beautifully that we can follow the big picture without losing track of what actually happened. A must read for both the layperson looking for an introduction to economics and for someone looking to brush up those long-learnt les ...more
Bjoern Rochel
Jan 03, 2016 Bjoern Rochel rated it it was amazing
Shelves: financial, 2016
This comic does a great job of explaining the economic concepts and developments of the last 200 years in their historical context. I read through the 300 pages within a day. Quite entertaining and also infuses my suspicion that we're currently witnessing the end of an era of a dominant nation
Bruce
Oct 21, 2013 Bruce rated it it was amazing
Now I come to the last in my personal trilogy of FY14 government shutdown reads. I started with David Graeber’s fascinating treatise on the anthropological foundations of money, exchange, and Debt, proceeded to Nate Silver’s methodological critique of statistical prognostication The Signal and the Noise, and found this graphic novel to be the perfect way to wind up the topic. The book is an excellent overview of economic theory and practice that places The Worldly Philosophers into its chronolo ...more
Des
Mar 21, 2013 Des rated it it was amazing
This book manages to do a lot of the things most econ textbooks don't(but should do). The first thing is explains the history of economics which is important because you get a better grasp on why the economic theories of Smith, Engles, Marx, Keynes and others developed if you know of the times these economist were living in since like with everything the events around a person shapes that person's views and outlooks and lot of the economic problems that occur now have occurred before (overpopula ...more
John Kaufmann
Jul 15, 2014 John Kaufmann rated it really liked it
A history of economics since the 1600s (mercantilism) from 35,000 feet, with a good dose of humor to help it slide down. You'll get some of the tectonic shifts that have occurred, with the main reason(s) for each movement. I believe the book represents a reasonable consensus among economists up until the period of globalization and financialization of the world economy beginning in the 1990s. It summarizes the main points of thinkers like Ricardo, the French Physiocrats, Adam Smith, Marx, Keynes ...more
Kumar Kutliev
Oct 25, 2013 Kumar Kutliev rated it it was amazing
Economix is a fascinating read with good-looking drawings that detail concepts from primitive to modern economics. Coming from a guy who likes capitalism AND socialism, I feel like this is the perfect book. The book tells a narrative of economics from a historical standpoint where there's a balancing relationship between people, corporations and the government. He tells of points in history when this relationship flourished (the good times), and points when the government or the corporations too ...more
Courtney
Apr 17, 2013 Courtney rated it really liked it
With the financial world in more turmoil than it's ever been, this graphic novel economics primer seems especially timely. Michael Goodwin is out to show readers that the economy can be understood, even by non-economists. He goes back in time to show how our current economic structure evolved and the theories it was built upon. While there's a lot to take in, Goodwin does an excellent job of simplifying the seemingly obtuse mechanisms that make our economy work (or not). We can easily see where ...more
Shana Loven
May 12, 2013 Shana Loven rated it really liked it
Shana Loven
APA Citation: Goodwin, Michael, & Burr, Dan. (2012). Economix: how our economy works (and doesn't work) in words and pictures. New York: Abrams ComicArts.
Genre: Informational
Format: Graphic Novel
Selection Process: No Flying No Tights

Economix by Michael Goodwin and Dan Burr is a graphic novel that presents the economic situation of the United States in terms and pictures that the average layperson can understand. The first part of the book presents the economic theories of some of
...more
Greg Pettit
Nov 04, 2013 Greg Pettit rated it it was amazing
An amazingly clear, concise, informative, and entertaining overview of the history of economics (and really, the economics of history). Goodwin has quite a knack for making economic theories simple and understandable, as well as relating them to real-world examples.

One "problem" that others have with the book is the author's clear bias against certain prevailing thoughts and practices. I don't think that's a problem at all, mainly because he acknowledges and admits his opinions up front. His arg
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Emilia P
Nov 04, 2012 Emilia P rated it really liked it
Shelves: comic-books
I could not put this book down. It also took me 4 days to finish it, reading steadily. But at the same time it never seemed like work to be reading it. All that is saying a lot for a comic book. It is more about how economics affect politics and through politics, people's lives. Especially in America, especially in the last two centuries. And yes, it's got a liberal, mixed-economy, basic social services (like utilities, education, maybe health care!) are often best provided or regulated or suppo ...more
Derek Parker
Apr 19, 2015 Derek Parker rated it really liked it
I've had this book since it was first published, but I've just now gotten around to read it. (I was prompted by another Abrams book that just recently came out, The Age of Selfishness.) I wish I hadn't waited so long to get to this book, as it's a wonderful introduction, not only to the basics of economics, but the current pickle we are in financially. The world of business and finance doesn't come away smelling very good here -- nor did I expect them to -- but then again, neither do the politic ...more
Stephanie
As someone who appreciates economics in the same way as military battles & history--with a vague sense of its importance which forces me to read information about it, skimming over names I kind of know but not really--for someone like that, this book is a merciful godsend. While reading Goodwin's clear and fascinating (not a word I usually tag with this topic) explanations of economic events & concepts, I had a faint and disturbing impression that I was reading something more important ( ...more
DaViD´82
Jun 25, 2016 DaViD´82 rated it really liked it  ·  review of another edition
Jestli tohle není nejlepší možné naplnění otřepaného "škola hrou", tak pak už nevím, co by jím tedy mělo být, protože být tohle učebnicí základů ekonomie na středních školách, tak máme rázem o poznání finančně gramotnější populaci.... Svět a historie ekonomie a překvapivě do hloubky. Je tu snad vše od vysvětlení základních mechanismů, termínů i směrů, konsekvence do politiky i denního života a to vše čtivou a plně srozumitelnou formou (pro dospělé a teenagery, pro děcka základkou povinná to bude ...more
Matt
Dec 17, 2012 Matt rated it it was amazing
Great book on the history of economics and the consequences that economic thought has had on all of us.

On the whole, the story is coherent and credible. I recognized very few statements as unfair.

The book explains the basics of economics and builds on top of that to touch on more complicated stuff like monetarism, neoliberalism, the WTO protests, the Occupy movement, etc.

Here's a better review by Thomas Hedges.

Ashley
Aug 04, 2015 Ashley rated it it was amazing
Every page was fun to read, oh and I learned stuff.

A comprehensive yet accessible (graphic novel!) history of macroeconomics, from the tulip bubble to the more recent mortgage-default crisis. An affable illustrated narrator, Michael Goodwin as himself, guides you through the narrative, pointing out fact vs. the narrator's own left-leaning interpretation.

Were I to teach high school economics again, I'd use this as an anchor text. I'm a pusher, having gifted several copies of Economix to friends,
...more
Zdravko
Jan 21, 2015 Zdravko rated it really liked it
finally, a piece on economics that i not only finished, but also (mostly) understood. for some unfortunate reason, my little brain can't wrap around anything more complex than a simple supply/demand curve, but this helped a bit. i'm not much more knowledgeable, but at least i didn't feel like an idiot while reading it. :D
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