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11 docs tagged with "economics"

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Economics

It is often called the dismal science. More than any other science, it is one of the most challenging sciences, as it is almost impossible to conduct experiments.

Economics in One Lesson

This book is about prices and the fact that the economic machine should not be tampered with. It is a classic Austrian school of Economics type of book, and contains the usual arguments from that school. It uses 200 pages to conclude that you should not tamper with it.

Finansplaneten

This book is about the history of mankind as a function of finance and economics. It was a good and interesting book.

Investing

I find the thoughts of Vitaly Katelson on value investing quite interesting, as well as having a good and stable look at the value you invest in your life.

Moneyball

How statistics revolutionized baseball. Goes into detail about the famous (now movie) season of the Oakland A´s season and why and how they succeeded despite a pitiful budget. It highlights our human faults and how some can benefit greatly from exploiting other people´s biases.

Personal MBA

A book with small but interesting stories and lessons. It is meant to concretize a master in business and administration into a single magnum opus. Its lessons are short but interesting.

The Capitalist Manifesto

This book is a homage to the progress that capitalism has brought. It is an interesting comparison to the doom and gloom books. It is a book about the fantastic increase in wealth and prosperity that capitalism has brought.

The Dictator's Handbook

Nobody rules alone. In order to rule you need to reward your supporters. Everyone who wastes money is likely to be replaced by those who don't. The more concentrated your supporting groups are, the more power is given to them.

The Missing Billionaires

This book is about personal finance and risk. It starts with an interesting thought experiment about 40/60 % heads or tails and how much of your stake you should bet each time. Then it goes into detail.

The Quants

This is a history book of people who revolutionized finance with math, game theory, and computers to model how the market work. However, the real world is not a model, and quants are also humans, as the financial crisis showed.

Understanding Michael Porter

This book is a condensed and high-level walkthrough of the works of Michael Porter the strategist. It goes through the five forces, how to understand business and companies. It shows how to understand the business and its advantages and disadvantages.