Category: Economics

How to Lie with Statistics

Darrell Huff
Rating: 7/10
Reading Ease: Reading Time:4 hours

Defensive statistical thinking delivered in a clear, short and direct manner. For a book that was first published over 60 years ago, a lot of it seemed relevant in how people can be easily misguided by numbers. A dose of [...]

Currency Wars: The Making of the Next Global Crisis

James Rickards
Rating: 8/10
Reading Ease: Reading Time:9 hours

Almost like a financial horror story, I learned some scary ways governments can manipulate their currencies as a weapon. Rickard's core theme is that the world powers are moving towards a large-scale currency war, which could [...]

Antifragile: Things That Gain from Disorder

Nassim Nicholas Taleb
Rating: 8.5/10
Reading Ease: Reading Time:19 hours

With Antifragile, Taleb gives us a roadmap for thriving in change and chaos. For something to be fragile, it cracks under stress and pressure. Something that isn’t fragile but robust has a higher threshold for stresses [...]

Intellectuals and Society

Thomas Sowell
Rating: 8.5/10
Reading Ease: Reading Time:12 hours

A much-needed criticism of the role Intellectuals play in influencing policy and society. Intellectuals are those in the profession of creating ideas with a heavy ideological focus, with an abstract end product that hasn't [...]

When Work Disappears: The World of the New Urban Poor

William Julius Wilson
Rating: 6.5/10
Reading Ease: Reading Time:10 hours

Willson does an analysis on urban poverty pointing to the big problems of chronic joblessness and entrapment from welfare, inadequate transportation and long commutes to find work which is spare in one's own community, inadequate [...]

Aftershock: The Next Economy and America’s Future

Robert B. Reich
Rating: 7.5/10
Reading Ease: Reading Time:6 hours

A short and easy book to understand about economics in which Robert Reich, highlights a fundamental problem within the U.S. American’s are losing the purchasing power to buy what the US economy is capable of producing. [...]

Scarcity: Why Having too little means so much

Sendhil Mullainathan
Rating: 8/10
Reading Ease: Reading Time:8 hours

On a personal note, this was an important book for me to read. Mullainathan and Shafir show that scarcity creates a similar psychology for everyone struggling to manage with less than they need. Growing up in a single-parent [...]