The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. – F.A. Hayek
Posted in Economists on Jun 28th, 2007
The middle part of this podcast with Nassim Taleb (author of Fooled by Randomness and the Black Swan) has an interesting discussion on the distinction between what most economists are actually doing, and those of us who have respect for the Hayekian view of the world. It all mainly boils down to the traditional economists [...]
Posted in Economists on Aug 12th, 2006
Over the past decade there has been a proliferation of “pop-economics” books. Many are terrific, but many are not. Please see me if you would like recommendations for additional reading, in addition to some classic works in economics that might help you in your journey to being able to think like an Economist. Some old [...]
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