Friday, August 31, 2018

Misexplaining Business

O'Rourke, P. J.  None of My Business: P.J. Explains Money, Banking, Debt, Equity, Assets, 
         Liabilities, and Why He's Not Rich and Neither Are You.  New York: Atlantic Monthly Press,
        2018.  ISBN: 978-0-8021-2848-5

P. J. O'Rourke is known for "humorous" writings on a wide variety of topics.  In None of My Business, P. J.tries to provide a off-kilter look at money, economy, mutant capitalism, the digital economy, and consumption.

 P. J. O'Rourke opens the book with the admission that he does not know how get wealth.  But he tries to have fun with discussing economics as a blood sport that he enjoys as a spectator.  He then proceeds to have three chapters under the heading "How I Learned Economics by Watching People Try to Kill Each Other"; four chapters under "Money and Banking"; three chapters under "Mutant Capitalism"; twelve chapters under "The Transition"; six chapters under the heading "Consumption"; and finishing with seven chapters under "Random Walk".

Basically P. J. O'Rourke has taken everything including the kitchen sink that he thinks he knows about money, economics, consumers and the like, stirs it together, and hung it out to dry.  So the reader's enjoyment will depend upon their interest.  But the chapter comparing the cost of a middle class lifestyle from the 1950's with today is worth the price of the book.  So, if you like P. J. O'Rourke or humorous examination of economics, you may like this book.

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