simplicio comments on Open Thread: May 2010 - Less Wrong

3 Post author: Jack 01 May 2010 05:29AM

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Comment author: simplicio 03 May 2010 11:19:15PM 4 points [-]

I have a request. My training is in science & engineering, but I am totally ignorant of basic economics. I have come to see this as a huge blind spot. I feel my views on social issues are fairly well-reasoned, but when it comes to anything fiscal, it's all very touchy-feely at present.

Can anyone recommend intro material on economics (books, tutorials)? I ask on LW because I have no idea where to start and who to trust. If you offer a recommendation of a book pushing some particular economic "school of thought," that's fine, but I'd like to know what that school is.

Thanks!

Comment author: mattnewport 03 May 2010 11:35:36PM *  3 points [-]

Economics in One Lesson by Henry Hazlitt is a good slim introduction to the economic mindset. For a different approach focused on the application of economic thinking to everyday life The Logic of Life by Tim Harford is worth a look. Neither book covers much of the math of economics but I think that is a good thing since most of the math heavy parts of economics are the least useful and relevant.

ETA: Economics In One Lesson is a heavily free market / free trade 'classical' economic slant.

Comment author: CronoDAS 04 May 2010 09:09:56AM 2 points [-]

The book I used in my college Econ 101 class was this one.

Comment author: steven0461 04 May 2010 12:25:56AM 2 points [-]

MIT OpenCourseWare has a lot of material. I also like Bryan Caplan's lecture notes (these sometimes have a libertarian slant).

Comment author: Vladimir_Nesov 03 May 2010 11:20:37PM 0 points [-]

I believe a textbook is always a better first step.

Comment author: wnoise 03 May 2010 11:59:42PM 2 points [-]

A good textbook is a better first step. Unfortunately, there are some truly dire textbooks out there.