Reviews for CPS1 Study Economics

The average rating for CPS1 Study Economics based on 2 reviews is 3 stars.

Review # 1 was written on 2015-08-30 00:00:00 David Bartlett It is easy to be stunned by the manifest foresight that a book like this can showcase. But the reader has to remember that in a magazine like The Economist, a number of contrasting ideas about the current world economy would always be sloshing around. To later make a selective compilation of those articles that proved to be 'prophetic' is an exercise in exclusion that is designed to present a false sense of confidence or analytical foresight. Just because a collection of articles from a magazine turned out to be quite close to the mark, there is no reason to believe that any random article you might pick up from this week's Economist will be of equal predictive value. I have nothing against the magazine or the book. I greatly enjoy the magazine and to a more moderate extent liked the book as well. But the blatantly triumphant endnotes trumpeting the date of each article and a further note on how the world actually played out was grating to say the least.

Review # 2 was written on 2012-08-16 00:00:00 Garry Beck I was exceptionally disappointed in this book. This book is basically rhetoric, and it rehashes all material you learned in school with hardly any relation to the real world. I was shocked to see that such a prominent magazine would regurgitate economic dogma. I assumed that because it was a collection of the BEST articles from the The Economist, that the thinking would be profound and knowledge cutting edge. I was sorely mistaken. After reading this I've come to realise that this book/magazine is ultimately designed to push the status quo and indoctrinate specific economic thought. I read this shortly before the 2008 GFC, and when the GFC hit, it confirmed that most of the book is literal garbage. The upside is that this book did lead me to explore more interesting books about economics.