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Economics Books

Can anyone recommend some good economics books that explain basics like scarcity, supply and demand, money etc.

Dave B.
Thursday, August 7, 2003

Thomas Sowell
Basic Economics: A Citizen's Guide to the Economy

For an understanding of the concepts.

Mark Skousen
The Power of Economic Thinking

If you want to read what an economist has to say about matters.  Anything else by this guy is great too, especially the Economic Logic book, if you like puzzlers.

Henry Hazlitt
Economics in One Lesson

For understanding how to think about economic interactions.

These selections are biased toward a more laissez-faire approach to economics, since to my own understanding this is the most logical explanation of matters. 

Thursday, August 7, 2003

Todd Buchholz has written two good books on economics for a popular audience:

"From Here to Economy"

A quick tour of major economic ideas. Covers macroeconomics, microeconomics, international trade and investment.  Easy to read.

"New Ideas from Dead Economists"

As its name implies, a historical coverage of the development of modern economic ideas.

Thursday, August 7, 2003

"New Ideas from Dead Economists"
that's a great book.
Extraordinary Popular Delusions And The Madness Of Crowds.
Any intro micro or macro book.
Any behavioral economic book.

Economics alone isn't much because most its foundation is rational behavior. Everything overshoots.

Tom Vu
Thursday, August 7, 2003

How about "The Death of Economics" by Paul Omerod :)

Basically showing from a mathermatics perspective that most of economics (esp. micro) is a load of unsubstanciated nonsense, which is no real surprise given economists complete failure to predict...well anything.

Thursday, August 7, 2003

Try "Progress and Poverty" by Henry George.

Fernanda Stickpot
Friday, August 8, 2003

Keep it simple...Just get a college Microeconomics and Macroeconomics textbook.  Or find the basic info on the internet. 

Friday, August 8, 2003

I loved The Accidental Theorist and Other Dispatches from the Dismal Science. By Paul Krugman. It is is a good overview of  issues in basic  economics, in the form of magazine artcles so it is a quick read.

Friday, August 8, 2003

Q:Why did God create economists ?
A:In order to make weather forecasters look good.

Rob VH
Friday, August 8, 2003

Anything subject to chaotic patterns is going to be unpredicatable.  This does not mean that distributions in economic measures are either random or unbounded.  It most certainly does not mean that there isn't anything to be learned from history in terms of policy prescriptions.

John Aitken
Friday, August 8, 2003

Stick to micro. The rest is lies used to manipulate people.

I'd agree with the history thing, though.

Friday, August 8, 2003

This looks interesting:

And others - I'm sure our more liberal members can recommend comparable sites representing the other points of view ( or maybe*

I'm thinking you might get a more balanced view by reading the news, visiting blogs, and getting on mailing lists. Learn via osmosis. If you read a book by an author with a certain political bent, your foundation will be that set of politics; whereas if you try to get a balanced education from numerous disparate sources, you may have a broader perspective.

Sadly, there is no "truth"



Friday, August 8, 2003

Friday, August 8, 2003

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