Content tagged with "economics"

Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics
Deane’s Library
Book Review
July 15, 2019
145

The one lesson is this: you have to consider ALL effects of economic intervention. The author claims that too many people intervene in the economy by only considering the effect on one group of people, not acknowledging that their change has also affected another group. The author is from the…

Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
Deane’s Library
Book Review
August 30, 2023
266

I bailed out on this book about a third of the way in because it doesn’t really have a point. The only point is that the author is pissed off and wants to rant about stuff. The author is kind of an Internet personality. He was an editor for Rolling Stone, he has a podcast and a Substack, and last…

Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World
Deane’s Library
Book Review
November 20, 2023
288

This is another book to which I gave every chance, but I eventually abandoned because it just never proved its point. The author is apparently quite famous in politically conservative circles. His prior book – Wealth and Poverty – was well-known, and I gather that he had something to do with…

Narrative Economics: How Stories Go Viral and Drive Major Economic Events
Deane’s Library
Book Review
August 4, 2022
161

Honestly, I didn’t totally get this book. The basic premise is that there are “narratives” that drive economics. There are stories or explanations of things that we believe, and that cause economic things to happen. Some examples, from the book: If that sounds vague…well, yeah. I didn’t understand…

Numbers Don’t Lie: 71 Stories to Help Us Understand the Modern World
Deane’s Library
Book Review
May 3, 2023
335

Vaclav Smil is a scientist and policy analyst. His specialty to looking at societal problems and figuring out how science and policy should intersect to make it better. He taught environmental science at the University of Manitoba. Bill Gates has said several times that Smil is one of his favorite…

The Sum of Small Things: A Theory of the Aspirational Class
Deane’s Library
Book Review
September 5, 2017
65

Vaguely interesting book about how people spend their money on “luxury” items in order to publicly denote a certain level of social class. Lots of figures, graphs, etc. Not 100% of the point that it was trying to get at, honestly.