A little Economics training can go a long way in helping you understand the real world you live in. Assistant Professor of Economics Evie Adomait, along with her writing partner Richard Maranta, write simply about what can appear to be a complicated subject while never dumbing down the intellectual ideas which make Economic thought so important in this day and age. From the classroom to a cocktail party, this book will help you hold your own in conversations about Economics.
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Cocktail Party Economics is a fun and quick read! I love the way it weaves together little things to explains big things. The flow of the stories and quotes, used to enliven the economics, feels like easy conversation. This is the easiest, and hence most “efficient”, introduction to economics I know.
Merwan H. Engineer, Full Professor of Economics, University of Victoria
Cocktail Party Economics is a refreshing, easy to understand introduction to the arcane world of economics. Using an engaging, conversational style filled with many practical examples, the book does a great job explaining the concepts behind media coverage of economic and business events. I also enjoyed the lively descriptions of long-dead economists and how their ideas are relevant to our daily lives.
Warren Jestin, Chief Economist, Scotiabank
About the Author
Eveline Adomait was born to Dutch immigrants in rural Ontario. She attended the University of Guelph, intending to become a doctor until she realized that she couldn’t use a scalpel on anything alive. This required a change in direction. Fortunately, she was taking an introductory economics course and fell in love with the ideas (and look, Mom... no blood!). She has a master’s degree in Economics from the University of Guelph and for the past 20 years has made her career as a teaching professor at her alma mater. By her calculations, she has taught the equivalent of the population of a small city various economics courses at the first-, second-, and third-year levels. Her favourite is the first year, with class sizes ranging from 300 to 600 students, because this is the year in which many students experience “aha moments” when it comes to economics. Their 18-year-old minds also keep her young.
Richard Maranta grew up in Brampton, Ontario, and graduated with a Master of Arts in English Literature from the University of Waterloo, focusing on critical theory and self-destructive American authors such as William Faulkner. Richard went on to obtain a Bachelor of Education from the University of Ottawa with the goal of becoming a secondary school teacher. However, he eventually ended up working for the dearly departed Nortel Networks in technical education and communications. He went on to co-found a company called Pinched Head, which develops innovative online courses for corporate clients. Richard continues to write and work with writers to say what needs to be said. For fun, he plays video games but has reluctantly come to realize that that he will never be as good at them as his two sons, who he used to let win.
Richard Maranta grew up in Brampton, Ontario, and graduated with a Master of Arts in English Literature from the University of Waterloo, focusing on critical theory and self-destructive American authors such as William Faulkner. Richard went on to obtain a Bachelor of Education from the University of Ottawa with the goal of becoming a secondary school teacher. However, he eventually ended up working for the dearly departed Nortel Networks in technical education and communications. He went on to co-found a company called Pinched Head, which develops innovative online courses for corporate clients. Richard continues to write and work with writers to say what needs to be said. For fun, he plays video games but has reluctantly come to realize that that he will never be as good at them as his two sons, who he used to let win.
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Customer Reviews
Most helpful customer reviews
1 of 2 people found the following review helpful
By LG
In the past 10 years there have been many books aiming to make the dismal science entertaining and educational for a wide audience. However, many of these books have been aimed at a very young crowd, with the idea that they might be adopted as textbooks in liberal arts colleges. For those not interested in cheating in sumo wrestling, or amongst real estate agents, but not willing to go straight to the Wealth of Nations, the opportunity to see the light of dismal science may not yet have been appreciated.
This book is is very well organised, and has well-chosen anecdotes and quotes from artists and leading social scientists. Yet, it explains issues such as the 2008 Financial crisis, and market failures using examples that every adult can relate to. It is written in a personable, chatty style. The humour is in the style of writing. I read it in one evening.
A fun read, suitable for anyone without social science training who is interested in an economic interpretation of what's going on in the world!
This book is is very well organised, and has well-chosen anecdotes and quotes from artists and leading social scientists. Yet, it explains issues such as the 2008 Financial crisis, and market failures using examples that every adult can relate to. It is written in a personable, chatty style. The humour is in the style of writing. I read it in one evening.
A fun read, suitable for anyone without social science training who is interested in an economic interpretation of what's going on in the world!
1 of 2 people found the following review helpful
By S.M.
Back in high school, the economic spark was ignited within me...studying the highs, the lows, the curves....but enough about Ms. Luthier, my teacher. After studying economics for 4 years at the university level, the economic flame which once consumed me had all but fizzled out. I was left with nothing but the burning embers of a subject which once excited me so greatly. The textbooks and courses I took were as dry and unstimulating as the professors who taught them. But then came "Cocktail Party Economics"...a catchy title...a simplistic front cover...it caught me completely off guard. Keep in mind, the concept of reading an economics book simply for fun seemed completely foreign to me. After some slight hesitation, I picked it up and started reading...and reading...and reading some more. I soon discovered that this was not your typical econ book. This was a breath of fresh air! I was captivated right from the first chapter. With a flowing conversational style and refreshingly engaging topics, this book has all the fun and excitement of a cocktail party elegantly captured in 173 pages. "Cocktail Party Economics" is for everyone...for "those who like economics...or who want to." It has reignited my economical spark, and will surely do the same for you.
1 of 3 people found the following review helpful
By MJ
This is a fabulous book that was written for people like me, a female university-educated professional who has never taken a course in economics, not even in high school. In a lighthearted way, the author illustrates that economics principles apply to all sorts of decisions in life, from dating to buying chocolates to deciding how to spend one's leisure time. The cocktail party stories that begin each chapter beckon the reader to continue in order to discover which key economics principles apply to the opening scenario. The author introduces the reader to famous economists and their contributions through a "gossip column" in each chapter. I learned a great deal about the free market, market failures, and government involvement in markets. If you thought economics was boring and only about money, try this book for a fun and refreshing perspective.
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