Sponsored Content
« CAC'S Bacon Review: The Breakfast Cupcake (LATE NIGHT Edition for good reason) | Main | Open Thread »
April 17, 2011

Sunday Book Thread

I've been doing a fair bit of remedial reading in economics over the past couple of weeks to refresh my memory, all so I wouldn't make any rookie mistakes in my "Economics at AoSHQ U" series (Part One - The Economy, Part Two - Money, and I haven't finished Part Three yet).

The very best introductory book on basic economics is Henry Hazlitt's Economics in One Lessson. It's a slim little book first published more than fifty years ago (though updated since) that is simply the best primer on basic economics ever published. If you only buy one book on economics, this is the one to buy. It's also appropriate for younger readers -- I've long thought it should be required reading in high schools across the land.

A step up from Hazlitt's book is Thomas Sowell's Basic Economics, now in its fourth edition. This really should be the standard introductory text on the topic -- it's not a short book, but neither is it a difficult one. It's as lively and engaging as Sowell's other books.

I've also touched on Murray Rothbard's The Mystery of Banking, since the topic of Part 3 of my econ series will involve banking.

And since I like Wall Street soap-opera, I got the Kindle edition of Fatal Risk: A Cautionary Tale of AIG's Corporate Suicide. AIG, you'll recall, was the chump-sucka in the game being run by the investment banks during the runup to the 2008 subprime meltdown -- AIG was selling loads of Credit Default Swaps (CDS) that they had no possible way of ever paying off should the worst come to pass. AIG (and one of its counterparties, the investment bank Lehman Brothers) are classic examples of corporate delusion and failure to adequately manage risk.

What's everyone else reading?

digg this
posted by Monty at 09:17 AM

| Access Comments

Recent Comments
San Franpsycho: "Good morning morons. I had bacon and eggs yesterda ..."

Skip: "No bacon or sausage, cheese omelet and toast, but ..."

Debby Doberman Schultz: "Floor is dry, glass is empty, I am off to bed . I ..."

Skip: "Time to get up ..."

Skip : "https://tinyurl.com/4kpfu857 20 Tweets from Bad B ..."

Debby Doberman Schultz: "Miklos, You have been missed, how is post Moh's re ..."

Erronious Miklos: "I woke up for this Merde arrive ..."

Biden's Dog sniffs a whole lotta malarkey,: "That was uncalled for. at 322. Heh. Posted by: Ae ..."

Biden's Dog sniffs a whole lotta malarkey,: "That was uncalled for. at 322. Heh. Posted by: Ae ..."

Biden's Dog sniffs a whole lotta malarkey,: "By the way, where is Skip, it is almost time for b ..."

Yootfool Miklos: "poured myself a small scotch and here I sit, for a ..."

Aetius451AD: "321 https://youtu.be/dSQ40d8uoOI Posted by: Biden ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64