There’s the book I just finished reading. Clicking the picture will take you to the Publisher’s site, I’m through with all that Amazon linking crap.
I personally think this book should be required reading for EVERYONE (capitalized and in bold to show seriousness.) This book basically just squashed all misconception’s I had about economics and gave me new ones to think about. Watching CNN or reading the newspaper has all of the sudden turned into a totally new and exciting experience.
I was at Alleycats’ enjoying a Pizza this weekend and noticed they had a copy of the weekend edition of the Asian Wall Street Journal. Before reading “Basic Economics” (BBE) I would have skipped over the opportunity to read the paper. After reading “Basic Economics” (ABE) I not only picked the thing up, I devoured the thing. I read about the recent mafia hit on a Russian banker and it’s effect on the economy there. I read about Facebook being rumored to get sold at nearly a billion dollars and about how the 22 year old CEO handed out business cards that read “I’m CEO… bitch” for fun. I’m actually looking forward to doing the same thing next weekend.
I’ve gotten so many things from this book. I’ve found out that Unions aren’t always all they’re cracked up to be. I found out that the “Trickle Down” theory isn’t even a theory and there is no economists that believes in it (whatever it is suppose to be.) I found out that minimum wage isn’t not what it’s cracked up to be. I found out about the problems that things like rent control create.
I’m am 100% sure that this book is going to leave a long and lasting positive impression on me. I’m sure it would do the same to you. Now I can follow what the news and politicians are saying and am better able to navigate through the BS (bull shit.)
I highly recommend reading this book if you care about making the world a better place and/or making your pockets a fuller and greener. 🙂
My new employer, a man I will call Agent Smith, recommened I check out a “Economics in Six Minutes.” It’s not as good as the book, but maybe it’ll get you hungry for more.
[tags]economics, basic economics, Fred Foldvary[/tags]