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Economix: How and Why Our Economy Works (and Doesn't Work) in Words and Pictures: How and Why Our Economy Works (and Doesn't Work) in Words and PicturNew York Times bestseller 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 transforms "the dismal science" of economics into a fun, fact
New York Times bestsellerStimulus 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 transforms "the dismal science" of economics into a fun, fact-filled story about human nature and our attempts to make the most of what we've got . . . and sometimes what our neighbors have got. Economix explains it all, from the beginning of Western economic thought, to markets free and otherwise, to economic failures, successes, limitations, and future possibilities. It's the essential, accessible guide to understanding the economy and economic practices. A must-read for every citizen and every voter.
Find teaching guides for Economix and other titles at abramsbooks.com/resources.
PRAISE FOR ECONOMIX
"Goodwin brilliantly contextualizes economic theories with historical narrative, while Burr's simple but elegant illustration employs classical techniques like caricaturing politicians and symbolizing big businesses (as a gleeful factory) to help the reader visualize difficult concepts." --Publishers Weekly, starred review
" Economix] brings a lively visual sensibility to this intensely abstruse subject matter without condescending to the reader or dumbing the ideas down." --MotherJones.com
"Flat-out awesome " --Wired.com
"This witty and elegant volume takes on a number of complex issues--in this case, economics, history and finance--and makes them comprehensible for mere mortals." --Miami Herald
"After reading Economix I felt like I understood many fundamental aspects about the way the world works that I had been too lazy to learn about before . . . Economix is a book I'm going to buy and give to people." --Boing Boing
"Having never taken economics in college, I find the world of high finance needlessly complicated and confusing. Thankfully Michael Goodwin saw the need for a basic primary on how the economy currently works and how we got here. A text like this would certainly help high school and college students gain their first taste of financial literacy and it comes recommended for the rest of us." --ComicMix.com
"Just when the world seems to have fallen apart thanks to the economy, Goodwin and Burr's Economix comes along to give us some understanding of the immense, yet still 'delicate machine' that controls our world so that we can be the rulers with our votes and not the uninformed (or disinformed) ruled." --BigThink.com
"Michael Goodwin hasn't just written a great graphic novel--he's written one that should be required for every school, newsroom and library in the United States." --Minneapolis Star Tribune
"It's simply phenomenal. You could read ten books on the subject and not glean as much information."
-- David Bach founder of FinishRich Media; author of nine New York Times bestsellers, including Debt Free for Life and The Automatic Millionaire
"Goodwin has done the seemingly impossible--he has made economics comprehensible and funny."
-- Joel Bakan, author of The Corporation The Pathological Pursuit of Profit and Power
"An amazing lesson in true-world economics Delightfully presented, powerful, insightful, and important information What a fun way to fathom a deep and often dark subject "
-- John Perkins, author of Hoodwinked and the New York Times bestseller Confessions of an Economic Hit Man
"Smart, insightful, clear, and as close to the truth as economics can get. The bonus: Who would have guessed that economics could be fun, and--here's the joy--really accessible? Goodwin roots us in history and fills us with common sense understanding. As he puts it early on, economics seems horribly complicated mostly because we're looking at it all at once. Broken down into its component pieces, it's relatively easy to understand. And a good understanding of economics is critical to maneuvering in the world today. If I were compiling a list of the 100 most important books you can read in a lifetime, this would be on it."
--Stephen Petranek, editor-in-chief, Weider History magazines, former editor-in-chief of Discover magazine
"Through a potent mix of comics and punchy, concise, accessible prose, Goodwin takes us on a provocative, exhaustively researched, and exceedingly engaging trip through our history and present day, creating an alternately hilarious and scary picture of where we are today as an economy-- and what it all means. More than that, Goodwin makes the arcane, understandable. If your mind either spins or slumbers at the thought of economics, read Goodwin's Economix and all will become clear.
--Nomi Prins, author of It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions
"Economix is a lively, cheerfully opinionated romp through the historical and intellectual foundations of our current economy and our current economic problems. Goodwin has a knack for distilling complex ideas and events in ways that invite the reader to follow the big picture without losing track of what actually happened. Any reader wondering how our economy got to where it is today will find this a refreshing overview."
--Timothy W. Guinnane, Philip Golden Bartlett Professor of Economic History, Yale University
Binding Type: Paperback
Publisher: Harry N. Abrams
Published: 09/01/2012
ISBN: 9780810988392
Pages: 304
Weight: 1.59lbs
Size: 9.24h x 6.57w x 1.02d
Review Citations: Publishers Weekly 08/20/2012 pg. 47
Library Journal 11/15/2012 pg. 65
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4.6 ★★★★★
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Product Reviews
★★★★★ 2
A masterfully falsified history of the late Soviet developments
Format: Paperback
This book represents academic propaganda, providing some interesting insights into important events. Some details are true, but some crucial details are omitted. It represents a sanitized version of Russia's modern history. It provides misleading information about Gorbachev's constitutional reforms, aimed at partitioning of 15 republics into 53 confederation entities. Originally, the targeted republics were Kazakhstan, Moldova, Georgia, Azerbaijan, Ukraine, etc. Those conflicts were manufactured by the Soviet center to discredit "nationalists," facilitate the partition of national republics, and grant Moscow right to protect ethnic minorities. According to Starovoitova, Bakatin, Yakovlev, and a few other primary sources, the Soviet security services led special operations in the Caucasus and Central Asia to provoke those conflicts. Zubok avoids citing those parts. Using the imperial approach of "divide and rule," Moscow attempted to become a peacekeeper in the conflicts it created between different ethnicity.
In addition to fragmenting the republics with well-developed national identities, Gorbachev's new constitution would revoke their right to leave the USSR, written in Lenin's 1922 Constitution (Shakhnazarov, 1992). Zubok does not explain any of it. His book is an effort to protect the truth and conceal facts with Russian myths and lies about nationalism (also referred to as Nazism). Notably, Zubok does not recognize non-Russian republics and describes them as "territories." He mentions Pitsunda as a resort on the Black Sea, not as Georgia. For lying about the genocidal ethnic cleansing conducted by the Russian military against the Georgian population of Abkhazia, Zubok owes apology to the victims of conflicts and wars initiated by Gorbachev and carried on by Yeltsin.
The story about "the hardliners coup against Gorbachev" is also a big fat lie. American scholars, Amy Knight, John Dunlop, and William Odom provide more accurate insights. For Russian sources, read Marshal Shaposhnikov or Aleksandr Lebed's memoirs (1995) and listen to Gennady Yanaev's interview (2009). According to Mitrokhin archives (original), the August 1991 coup was an active measure the KGB developed per Gorbachev's request. The so-called coup was part of Gorbachev's constitutional reform, which would lead to the removal of unfriendly leaders (including Yeltsin) from the republics. It failed because the Soviet military brass, foremost Pavel Grachev, had defected to Yeltsin earlier in 1991. When you read a book by a seasoned Russian propagandist, like Zubok or Trenin, take it with a grain of salt, because it will always contain a mix of lies and truth.
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Reviewed in the United States on March 16, 2023
★★★★★ 5
An important work and worth the time.
Format: Hardcover
Real scholarship addressing difficult but important topics in history, economic history, and development. What every economist should read to think much more deeply about how institutions, culture, and human agency interact. At the same time, scholars like the three co-authors demonstrate that there still remains the possibility of doing work that isn’t larded with ideological or activist posturing. Highly recommended.
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Reviewed in the United States on May 5, 2026
★★★★★ 5
Excellent research and well written by a Noble Laureate
Format: Hardcover
Excellent research and well written.
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Reviewed in the United States on December 10, 2025
★★★★★ 2
should have been shorter
Format: Hardcover
really interesting approach - but far too wordy
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Reviewed in the United States on February 3, 2026
★★★★★ 5
6 year old loves these books
Format: Paperback
One of my son’s favorite book series.
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Reviewed in the United States on May 1, 2026