I didn't study econ in undergrad.
One Friday, I picked up Thomas Sowell’s Basic Economics. On Sunday, I told a friend that I was going to be an economist.
After reading Knowledge and Decisions, I was 💯% hooked.
Why You Should Read More Thomas Sowell
economicforces.xyz
One Friday, I picked up Thomas Sowell’s Basic Economics. On Sunday, I told a friend that I was going to be an economist.
After reading Knowledge and Decisions, I was 💯% hooked.
Why You Should Read More Thomas Sowell
economicforces.xyz
Basic Economics hammers home the central idea of economics: everything is about trade-offs because of constraints.
Knowledge and Decisions focuses on the "most severe constraints facing human beings in all societies and throughout history—inadequate knowledge"
Knowledge and Decisions focuses on the "most severe constraints facing human beings in all societies and throughout history—inadequate knowledge"
You could say, "isn't that just Hayek?" Fine. Knowledge and Decisions is Hayek turned up to 11.
Hayek titled his review of Sowell “The Best Book on General Economics in Many a Year.”
reason.com
Hayek titled his review of Sowell “The Best Book on General Economics in Many a Year.”
reason.com
The newsletter goes through a handful of examples of where Sowell's insights help me think through economic problems from policy to what I called "t-hacking" economicforces.xyz
If you enjoy the newsletter, make sure to check out my paper with @artcarden on Sowell dx.doi.org
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