Basic EconomicsBook Thomas Sowell
Also good is Basic Economics, by Thomas Sowell.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
What people recommend, in their own words, with the receipt.
Economist; writes In My Tribe on Substack, and wrote The Three Languages of Politics.
10 things
Basic EconomicsBook Thomas Sowell
Also good is Basic Economics, by Thomas Sowell.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
Myths of Rich and PoorBook W. Michael Cox and Richard Alm
Much gets written about economic inequality. On that topic, a modern classic I would recommend is Myths of Rich and Poor, by W. Michael Cox and Richard Alm. They take the contrarian view that the poor are not getting poorer.
A post about Ken Rogoff on debt, book recommendations, and a discussion of the housing market.
arnoldkling.substack.com ↗·2025-05-06Wrong?
Hidden Order: The Economics of Everyday LifeBook David Friedman
For a textbook, I recommend Hidden Order: The Economics of Everyday Life, by David Friedman.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
Information RulesBook Hal Varian and Carl Shapiro
Another book I have recommended before and will recommend here is Information Rules, by Hal Varian and Carl Shapiro.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
The Use of Knowledge in SocietyOther Friedrich Hayek
For classic articles written in English (as opposed to math), I recommend: The Use of Knowledge in Society, in which Friedrich Hayek explains why markets solve a problem that cannot be solved by a central planner.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
Production, Information Costs, and Economic OrganizationOther Harold Demsetz and Armen Alchian
Production, Information Costs, and Economic Organization, by Harold Demsetz and Armen Alchian. I would be surprised if you can absorb this paper without reading it several times.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
Economic Performance Through TimeOther Douglass North
I can recommend several lectures given by recipients of the Nobel award. Economic Performance Through Time, the Nobel lecture by Douglass North, argues for the importance of economic institutions.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
The Pretence of KnowledgeOther Friedrich Hayek
The Pretence of Knowledge, Hayek's Nobel lecture, argues that economics cannot be like the physical sciences.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
The Institutional Structure of ProductionOther Ronald Coase
The Institutional Structure of Production, Ronald Coase's Nobel lecture, explains how he arrived at two important ideas.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
The Constitution of Economic PolicyOther James Buchanan
The Constitution of Economic Policy, James Buchanan's Nobel lecture, gives background on public choice theory.
A post listing book and essay recommendations for learning economics without equations.
arnoldkling.substack.com ↗·2024-07-14Wrong?
Every entry is a verbatim quote and a link to the public post it came from. Nothing is paraphrased. If it is not on record somewhere public, it is not here.
The verdict is what they actually said: loved and liked are explicit; recommended means they told others to get it; uses means they only say they use it; read is a book on their public shelf with no verdict; mixed and disliked are kept too.
A dashed affiliate link, sponsored or their own label means the post disclosed a relationship. It is shown, never hidden.
The small bar beside a date shows how dated a recommendation is for its kind of thing.
The bar shows how dated a recommendation is, for its kind of thing. Full and green is recent. It drains, and turns amber and then grey, as the post gets older.
What counts as old depends on the thing. A laptop praised four years ago has been replaced twice; a book loved twenty years ago is probably still loved. The bar is empty after about:
A striped bar means the post carries no date and the date shown is an estimate. No date at all, no bar.