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Thursday, February 10, 2011

Review - Rich and Lost in Prosperia by Doramas Jorge-Calderon

Title: Rich and Lost in Prosperia

Author: Doramas Jorge-Caulderon

Publisher: Mill City Press

Buy link: Buy Rich & Lost in Prosperia Here

Rating: You Want to Read

Reviewer: Val


Markets shape our everyday lives. The hobbies we can afford, where we live, how well we will fare in our job or business venture, all these depend on how well markets work. Understanding the market economy helps us all decide on our way forward, and yet, many people look on economics with apprehension. Fortunately, there are many excellent popular books that bring the subject to everyone. So, why another such book? "Rich and Lost in Prosperia" makes the economy more meaningful and easier to understand by portraying it as we experience it: unnoticed in the background of our daily life, yet always influencing it. Economist Doramas Jorge-Calderón uses the tale of two fictional young entrepreneurs on a tropical island, who go about pursuing their life’s dreams. We soon see how the rules of markets shape the fruition of those dreams and how trying to circumvent those rules is a path laden with hidden risks. How well the two young men fare has little to do with equations and much to do with trust and trickery, with their dealings with sound and corrupt politicians, entrenched interests and smugglers, and with realizing the fine line separating self-interest from greed. Written with the non-economist reader in mind, the book also intuitively maps out the subject for economists. Economics is rarely so alive and so entertaining.


Rich and Lost in Prosperia is not your normal novel. Based on the economic system, Doramas Jorge-Calderon takes us on the journey of two entrepreneurs named Richy and Losto. Neither have any sort of experience in business and we see the effects of supply and demand. A part of me could relate to the characters and a part of me was confused throughout the book. Granted, economics is something that I am not really eager to learn, this book did explain some questions I had about our economy today. I was able to understand business a little bit better than when I first started reading this book. Having said all that, I found this book dry as well as confusing at times. It just couldn't keep my interest. I do feel this book would be a good edition to classes in economics as it takes the basic concepts and delivers them in such a way that students can understand. If you are looking for any type of action, then this is not the book for you. However, if you are looking for a further understanding of the economics system, this book is certainly one you will want to pick up.

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