Saturday, April 24, 2010

Naked Economics (and some other random crap)

Has anyone read this book? I picked it up yesterday at Barnes and Noble because the title caught my eye and because I am revisiting Confessions of an Economic Hit Man in the wake of the current financial crisis. (Just trying to see if it rings any more true now than it did before. So far the answer is no.) Anyway I am about a chapter in and so far it seems a pretty coherent explanation of economic principles without all the math mumbo jumbo.

Speaking of the financial crisis: For some interesting viewing watch The Smartest Guys in the Room, The Warning and then compare the players in the Enron scandal, the 1998 problems and look at who got bailouts. To me there seemed to be some correlation. If you watch "The Warning" one of the things that jumps out is just how intellectually dishonest Lawrence Summers is.

Finally, I don't know if anyone ever participates in these things but this year The Big Read is "The Things They Carried" which is about infantrymen in Vietnam. I don't think I will be doing any of the discussion groups but I am going to read the book just to be part of the cultural zeitgeist (didn't think I knew that word did you).

Initially posted at Doubleplusundead

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