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sixes_and_sevens comments on Open Thread March 31 - April 7 2014 - Less Wrong Discussion

2 Post author: beoShaffer 01 April 2014 01:41AM

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Comment author: ahbwramc 01 April 2014 02:07:49AM 4 points [-]

Continuing the use of LW as my source for non-fiction recommendations...

Any suggestions on a decent popular-but-not-too-dumbed-down intro to Economics?

Comment author: sixes_and_sevens 01 April 2014 10:10:17AM 2 points [-]

Naked Economics by Charles Wheelan, is a good all-rounder. It's America-centric, but still generally applicable.

The Undercover Economist by Tim Harford is a good popular micro/market/margins introduction.

The Armchair Economist by Steven Landsburg is the granddaddy of popular economics books. It's very much "here's how economists think". Unfortunately it doesn't do the profession many favours, because Steven Landsburg is kind of obnoxious.

I generally recommend one of these three to friends who show an interest. The first is the default. The second is for slightly nerdier clientèle, and the third is for people who won't be put off by kind-of-obnoxious writers. If you can forego the "popular" bit of your requirements, Cowen and Tabarrok's Modern Principles textbooks are highly readable and quite entertaining.

Comment author: Emile 01 April 2014 11:57:39AM 0 points [-]

Thanks for those recommendation, I was a bit disappointed by Naked Economics, your alternatives seem to be what I was looking for!

Comment author: sixes_and_sevens 01 April 2014 02:04:37PM 1 point [-]

Naked Economics is the most human-friendly pop-econ book I've read. For a reader who isn't familiar with utilitarian frameworks or cost-benefit analysis, it's a more gentle opposition-softener.

It's also less likely to leave a reader thinking "economics says we should do away with all governance". This makes it more palatable to left-leaning readers and less confirmation-bias-y to existing free-marketeers. When you're at a dinner party, it's easy to spot people who've read a single pop-economics book.