So there is a thread on /lit recently about econ

So there is a thread on /lit recently about econ

I'd like another side/opinions on what a lot said

amongst other things

>>What are some of the issues with Sowell's thinking? Why are you guys against him?
>His book is nice, but "basic economics" is retarded. You will learn useful things and also that markets are perfect (since you couldn't study them otherwise), only afterwards can you learn that markets are far from perfect and there is much more to economics than markets.
If you are really interested in economics it might be better to begin with Macroeconomics by Mankiw, and follow with Varian for microeconomics, Gruber for public economics etc... The classic by Adam Smith, Ricardo, Keynes, Marshall, ... are also nice but are not easy to read.

>know no economics
>be communist
>take econ 101
>become lolbertarian
>take more economics courses
>become a keynesian

>Go out into real world
>Become Talebite

World's biggest pseud

Sowell is Chicago school right?

I've found "Economics in One Lesson" to be a more succinct and convincing overview of Free Market economics

Indeed he is a pseudo intellectual. He himself rejects the artificial pomp that comes with being labeled an intellectual, and directly admits that in areas outside of probability, he often talks out of his ass.

>leave college classroom and work in finance
>become monetarist
you'll get there eventually, bub

>graduate and get job
>file taxes
>become a Republican

this does a good job of breaking down why socialism will fail

>Mankiw and Varian
Bingo.
This is also a good an short read.

Why nations fail is a good book. It's not an economics book, but it gives insight.

>The classic by Adam Smith, Ricardo, Keynes, Marshall, ... are also nice but are not easy to read.

Oh come on. These are must reads.

Adam Smith is easy to read.
Ricardo is a bit more dense
And Keynes is really very difficult to comprehend, I will give you that.

Try reading Keynes with a guide at hand? His General Theory book is very important.

Marshall I do not think you NEED to read, but that is just my opinion.

Henry George is another you DO NEED.

Stay away from Mankiw.
>t. economics graduate

Because he's black

>Adam Smith is easy to read.
The problem is that it really isn't written like a textbook with the facts and points clearly laid out. It reads so easily that you can easily miss some of the stuff he says, and can easily pull out a distorted interpretation from projecting your own ideology on it.

Read Pareto, Walras, and Neumann.

Then what do you suggest?

>Missing the most read and most influential economist ever

>Economist
Social idealist

Not really. The message laid out is simple: the manufacturing class is out to lower wages so their profits can be higher. The landowners are out to increase rent so they can increase profit

Right off your arse.

Adam Smith has really let himself go.

See, you missed maybe 9/10 of the book.

/thread

thank you for having a brain cell

That was two sentences. He covered much more but that first thingI said was literally typed out in the summary of the first book you cretin

wow, both threads proved to be completely retarded on each board.