Good micro-economics primer, but not of the "popular" genre as it claims...

books:

	• Hidden Order: The Economics of Everyday Life David D. Friedman Collins Business, 1997 - 352 pages average customer review:based on 27 reviews view larger image
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highly recommended

Good micro-economics primer, but not of the "popular" genre as it claims...

What David Friedman has written here is a good, but very serious, micro-economics book in a relatively conversational tone. In a number of places on the back cover and in the early text, the book makes the claim that it is a "popular" economics book along the lines of Freakonomics; it isn't. It is a far deeper dive into the nuts and bolts of the tools of micro-economics rather than a light read about fascinating applications of those tools.

That doesn't preclude this from being a good book; for the most part it is, but a lot of people are likely to feel like a victim of a bait-and-switch if they read this book expecting another Freakonomics.

Hidden Order lays out the micro-economic theories of the Chicago School, a n approach to economics originated largely by David Friedman's legendary father Milton Friedman. The economics of the Chicago School are proving to have far more validity over time than the main rival, Keynesian economics which makes reading a book like this very worthwhile for someone willing to invest the time to understand economics better.

This book can make you a better thinker, voter and judge of information from the media. Recommended for anyone who values such things.

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It's an excellent book!

It's an excellent book. Although I enjoyed reading Freakonomics, "Hidden Order" is a much deeper and broader book in terms of issues discussed.
What I really like about it that in additional of covering existing issues, it helps to learn how to approach new problems.

The sad thing is although the book was written in 1996, we(and politicians, and TV/Radio talk heads) are still using the same uninformed reasoning during the discussions.

It would be great if the book became a required reading in the high schools and colleges.

After getting it from a library, I bought it for my friends.

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reviews: page 1, 2, 3, 4, 5, 6

David Friedman has never taken an economics class in his life. Sure, he's taught economics at UCLA. Chicago, Tulane, Cornell, and Santa Clara, but don't hold that against him. After all, everyone's an economist. We all make daily decisions that rely, consciously or not, on an acute understanding of economic theory--from picking the fastest checkout tine at the supermarket to voting or not voting, from negotiating the best job offer to finding the right person to marry.

Hidden Order is an essential guide to rational living, revealing all you need to know to get through each day without being eaten alive. Friedman's wise and immensely accessible book is perfect for amateur economists, struggling economics students, young parents and professionals--just about anyone who wants a clear-cut approach to why we make the choices we do and a sensible strategy for how to make the right ones.

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