Crunch: if the economy's doing so well, why do I feel so squeezed? by Jared Bernstein (audio)

Another "hidden-economics-of" book, but without the hidden part. This book takes a look at a lot of everyday economics questions, about topics like un- and underemployment, healthcare, and taxes. The main take-home point is that a lot of important economic goods, like wages and healthcare, are not regular goods, and thus econ 101 principles don't apply.
In addition to clarifying what a lot of confusing words actually mean, this book gets bonus points for actually taking an observational approach to economics. For example, when debunking the myth that increased minimum wage will result in employers cutting hours, Bernstein actually looks at the records after minimum wage increases and shows that this was not the case. It's kind of like the moment when philosophers stopped determining things like the number of teeth a horse has by thought experiment, and finally going out and counting them. Too bad so many economists are several centuries behind on this chariot.
A good listen if you want to understand the tax and healthcare debates.