Economics for Life: Real World Financial Literacy

Reviewed by Elizabeth Pluskwik, Associate Professor, Minnesota State University Mankato on 5/17/23

Comprehensiveness rating: 5 see less

This post-pandemic book covers personal finance at a practical level, as well as going into just enough theory and history to give appropriate context to the author's recommendations.

Content Accuracy rating: 5

This book is highly accurate and unbiased. It includes research findings from a wide variety of sources including academic researchers, governmental bodies, and more. The many graphs and bullet point lists make it concise and easy to read.

Relevance/Longevity rating: 5

This book is highly relevant for high school and college students as well as any adult who wants to increase their financial literacy. I highly recommend it!

Clarity rating: 5

The frequent use of bullet points and graphs makes the text very clear and concise.

Consistency rating: 5

The book is organized in an easy-to-follow and consistent manner including many graphs, links to relevant resources, and bulleted lists. It is very easy to read and to navigate.

Modularity rating: 5

The book is organized into fairly short, well-titled chapters, as well as using sub-headings and bulleted lists. The graphs are easy to read and plentiful to ease cognitive load when reading or even just scanning the material. It is highly modular and organized very well.

Organization/Structure/Flow rating: 5

The book is organized into fairly short, well-titled chapters, as well as using sub-headings and bulleted lists. The graphs are easy to read and plentiful to ease cognitive load when reading or even just scanning the material. It is highly modular and organized very well.

Interface rating: 5

No interface issues were noted in the pdf or the ebook.

Grammatical Errors rating: 5

No grammatical errors were found.

Cultural Relevance rating: 4

The book seems to be US-centric, although it does include global and country-specific data from other nations.

Comments

This book is an incredible resource on financial literacy. It includes practical tips from a behavioral standpoint, upending many commonly held beliefs about budgeting (they don't work) and how to nudge oneself to financial freedom. Highly recommend!