Category Archives: books and book reviews

Somewheres vs. Anywheres

we need more nuanced terminology than “populists” versus “elites.” Thankfully, David Goodhart, a British author affiliated with the London think tank Policy Exchange and the founding editor of Prospect, offers just that. In his forthcoming book, The Road to Somewhere, … Continue reading

Posted in books and book reviews, Libertarian Thought | 15 Comments

My Review of Kevin Laland

The book is Darwin’s Unfinished Symphony, which is still my favorite non-fiction book of 2017. My review says, Laland weaved together mathematical models, simulation exercises, experiments, and observations in a way that was much more persuasive than most social science. … Continue reading

Posted in books and book reviews, Economic education and methods, links to my essays | 6 Comments

The Samuelson Story

I am still reading the Backhouse intellectual biography. What a monumental effort! By comparison, it makes Sebastian Mallaby’s biography of Alan Greenspan look like a summer vacation project. But I recommend Mallaby to anyone. Backhouse is for people with a … Continue reading

Posted in books and book reviews, Economic education and methods | 4 Comments

What I’m reading

1. Founder of Modern Economics: Paul Samuelson. The first volume of a biography written by Roger E. Backhouse. So far not rewarding, but I feel obliged to try to stick with it. 2. The Agony and the Ecstasy, by Irving … Continue reading

Posted in books and book reviews | 2 Comments

The Theory of Mind

I just finished reading The Enigma of Reason by Dan Sperber and Hugo Mercier. They look at the process by which we arrive at reasons for actions. The following thought occurs to me: You probably assume that understanding your own … Continue reading

Posted in behavioral economics, books and book reviews, culture | Tagged , | 6 Comments

Human Interaction

Whereas reason is commonly viewed as a superior means to think better on one’s own, we argue that it is mainly used in our interactions with others. We produce reasons in order to justify our thoughts and actions to others … Continue reading

Posted in books and book reviews, Economic education and methods | Tagged , | 5 Comments

A kind review of my book

From an Amazon reader, the second edition is much better than the first. It’s nearly three times as long (146 pages vs the original edition’s 54), and more importantly gets the ideas across better. And that’s important because this is … Continue reading

Posted in books and book reviews, Three-Axes Model | 6 Comments

Bank Lending and Non-bank Lending

Daniel Nevins, in Economics for Independent Thinkers, a book I mentioned the other day, thinks of non-bank lending as coming from savings and bank lending as created by fiat. I do not think in those terms. Think of an economy … Continue reading

Posted in books and book reviews, financial markets, PSST and Macro | 7 Comments

Tyler Cowen and Russ Roberts

Self-recommending. As usual, Russ does not just throw softballs at the guest, so you get more interesting at-bats. For example, [Russ]: I don’t sense the distinction between a less dynamic, more stable economy and a complacent one. So, tease that … Continue reading

Posted in books and book reviews, Tyler Cowen is my Favorite Blogger | 20 Comments

What I’m Reading

Two books that attack conventional economic modeling, especially in light of the financial crisis. I have a preview copy of Economics for Independent Thinkers, by Daniel Nevins. I have a review copy of The End of Theory, by Richard Bookstaber. … Continue reading

Posted in books and book reviews, Financial Crisis of 2008 | Tagged , | 15 Comments