the fundamental opportunity cost of reading a bad book can be defined through two key resources; **MONEY** that the book costs and the **time** value of money for investing and allocating attention to reading the book! Facing the current constraints of scarcity as a student, I can either choose between having more money now (bc money is always more valuable in the present) or time to myself-- so that I can do a lot of other things. What do you choose, the blue pill and you see how far this goes or the red and you wake up tomorrow and every day is like any other... 😂😂
You might not have the biggest following right now, but to us your channel is an absolute gem! Totally love your content, it helps us very much and makes us so much curious and passionate about Economics!
I was already missing your videos!! Glad you came back!! Could you create a video on writing the first research paper, I don't know where to begin with:(.
I’d love to add a 4th tip, key in on books/works referenced in the books your currently. Authors will mention source material or works that interest them, and you can take a look at them too. Sure, it’ll take you into the past, but it’s a good way to I create focus (and it can build quickly).
@@MarketPowerYT I’m not an economist, but it’s how I’ve moved from topic to topic or book to book often, in economics, finance, and business, and it’s allowed to really either dig deeper or find authors I like. Example: after reading a Robert Shiller book I checked out a book from 1929 he referenced, and when he visited my office I pulled it out to show him. It was an obscure book praising the market just months or weeks before the collapse.
I definitely fit in the category of "I want to further my economic education, but am not intrigued by the best sellers." Thanks for the tip on the university press. Narrow, more targeted books seem more my speed.
I am trying to find books about economic theory. I’m not an economist major but have taken macro. I have also read and listened to Friedman, Keynes, Hazlitt, etc. But sometimes when I read their books they take a lot of things for granted. For example im currently reading “capitalism and freedom” and Friedman talks about the consequences of the gold standard but he doesn’t explain why it happened (supply/demand, human behavior l, etc) because I guess it is directed to people that already know this. So I want to know about the debate between the Austrian school with Keynes. Do you know any economics book that deal with this and clearly explains the whole concept? Thank you!
Would you be releasing a course at any point in the future? I am an engineering major and have for a long time been studying economics on my own but my study lacks a proper structure......
Am I the only one who finds the follow up books to best sellers that don’t get much notice tend to be even better. Thinking of misbehaving, good economics for hard times, the narrow corridor etc?
New subscriber here! Appreciate the several videos I have viewed so far. Have you, or will you, put together a list of books for Economics teachers? I teach high school seniors a required Econ & Financial Literacy semester course. The Psychology of Money, by Housel, gives me stories with good traction at the beginning of the class. Do you have any suggestions about the shifting banking options open to Gen Z? "Robinhood" investing? Cryptocurrency and competition with central banks? Thanks for your channel 🙂
I am an engineer...economics is like gebrish to me...I need to understand how economics books down to smallest details...incoherent understanding is easy but being able to understand the multidimentionality of economics and its relations with politics and tricks used by gov to solve economics problems like the russian head of economist helped russia out of the western plan to destroy their economy
Checking publisher sites is great book advice but terrible financial advice. Last time I checked Princeton University Press I blacked out and woke up two days later with no money and a dozen new books on the economics of development and growth
@@MarketPowerYT they also take a while to update international prices so as an American in the UK I’ve been able to take advantage of the exchange rate to get some nice discounts
Thoughts on ancap and Austrian economics books. I'm currently studying economics at University and I'm incredibly demotivated due to my solid disagreement and (in my opinion) fallacious and vague reasoning that supports the content in my economics classes. Can you recommend me any books that hopefully can change my mind? I don't expect you to make a video just for this topic or write a long response with several suggestions. If you read my comment and respond, I'll highly appreciate it! Thanks a lot!
Would you review Awakening by Gold D. Lion? My book is exploring the world through the dual perspectives of an economist and a libertarian. It kicks off by mapping out the contemporary economic scene, both in the U.S. and globally, going deep into the concept of Sector Rotation. I then invite you to apply this knowledge interactively through a series of thought-provoking questions designed to test your understanding. Moving forward, the book explores the interplay between political systems, human nature, and values, and their interconnectedness with economic principles. I wrap up with a philosophical reflection, offering a comprehensive synthesis of the topics discussed. I'm eager to hear your thoughts on the book, especially since it presents a unique blend of sector rotation and applied economics in an accessible format. Your feedback would be immensely valuable!
The best way to learn econ is from a critical and comparative perspective. There are a lot of books that critique neoclassical theory and the free market.
The opportunity costs for reading a bad book are just too high. Like for real, it’s extremely underestimated how that could be a waste of time imo
How about a diverted fundermental
😂😂
the fundamental opportunity cost of reading a bad book can be defined through two key resources; **MONEY** that the book costs and the **time** value of money for investing and allocating attention to reading the book! Facing the current constraints of scarcity as a student, I can either choose between having more money now (bc money is always more valuable in the present) or time to myself-- so that I can do a lot of other things. What do you choose, the blue pill and you see how far this goes or the red and you wake up tomorrow and every day is like any other... 😂😂
You might not have the biggest following right now, but to us your channel is an absolute gem! Totally love your content, it helps us very much and makes us so much curious and passionate about Economics!
The relatable economics professor.. I love your content
I could watch all your videos and like every single one. I love your content
I was already missing your videos!!
Glad you came back!!
Could you create a video on writing the first research paper, I don't know where to begin with:(.
wow thank you about Princeton Press tip. It just opened up a new world for me.
When will you review Ludwig von Mises, Thomas Sowell, and Murray Rothbard.
I’d love to add a 4th tip, key in on books/works referenced in the books your currently. Authors will mention source material or works that interest them, and you can take a look at them too.
Sure, it’ll take you into the past, but it’s a good way to I create focus (and it can build quickly).
I almost included this tip!
@@MarketPowerYT I’m not an economist, but it’s how I’ve moved from topic to topic or book to book often, in economics, finance, and business, and it’s allowed to really either dig deeper or find authors I like.
Example: after reading a Robert Shiller book I checked out a book from 1929 he referenced, and when he visited my office I pulled it out to show him. It was an obscure book praising the market just months or weeks before the collapse.
I definitely fit in the category of "I want to further my economic education, but am not intrigued by the best sellers."
Thanks for the tip on the university press. Narrow, more targeted books seem more my speed.
Omg, your tips are invaluable ❤❤️❤️❤️❤️❤️ your channel is gold. Thanks for such quality content ❤️
Plz make a video on agricultural economics
You should make a list of textbooks with solutions and papers you think are important to actually learn economics.
I am trying to find books about economic theory. I’m not an economist major but have taken macro. I have also read and listened to Friedman, Keynes, Hazlitt, etc. But sometimes when I read their books they take a lot of things for granted. For example im currently reading “capitalism and freedom” and Friedman talks about the consequences of the gold standard but he doesn’t explain why it happened (supply/demand, human behavior l, etc) because I guess it is directed to people that already know this. So I want to know about the debate between the Austrian school with Keynes. Do you know any economics book that deal with this and clearly explains the whole concept? Thank you!
Would you be releasing a course at any point in the future?
I am an engineering major and have for a long time been studying economics on my own but my study lacks a proper structure......
Am I the only one who finds the follow up books to best sellers that don’t get much notice tend to be even better. Thinking of misbehaving, good economics for hard times, the narrow corridor etc?
What's better for "people interested in Economics"? Reddit or Twitter?
New subscriber here! Appreciate the several videos I have viewed so far. Have you, or will you, put together a list of books for Economics teachers? I teach high school seniors a required Econ & Financial Literacy semester course. The Psychology of Money, by Housel, gives me stories with good traction at the beginning of the class. Do you have any suggestions about the shifting banking options open to Gen Z? "Robinhood" investing? Cryptocurrency and competition with central banks? Thanks for your channel 🙂
I just read Malcolm Gladwell. He seems to be the best economist out there at the moment.
Have you read the Global Minotaur, by Yanis Varoufakis
I am an engineer...economics is like gebrish to me...I need to understand how economics books down to smallest details...incoherent understanding is easy but being able to understand the multidimentionality of economics and its relations with politics and tricks used by gov to solve economics problems like the russian head of economist helped russia out of the western plan to destroy their economy
I am planning to do my master's in behavioral Econ. can you please suggest good schools for that it would be really helpful.
Which book best for managerial economics
How do you feel about Thomas sowell
Checking publisher sites is great book advice but terrible financial advice. Last time I checked Princeton University Press I blacked out and woke up two days later with no money and a dozen new books on the economics of development and growth
But Princeton has an annual sale with insane discounts, so they're one of my favorites!
@@MarketPowerYT they also take a while to update international prices so as an American in the UK I’ve been able to take advantage of the exchange rate to get some nice discounts
Thoughts on ancap and Austrian economics books. I'm currently studying economics at University and I'm incredibly demotivated due to my solid disagreement and (in my opinion) fallacious and vague reasoning that supports the content in my economics classes.
Can you recommend me any books that hopefully can change my mind?
I don't expect you to make a video just for this topic or write a long response with several suggestions. If you read my comment and respond, I'll highly appreciate it! Thanks a lot!
Would you review Awakening by Gold D. Lion? My book is exploring the world through the dual perspectives of an economist and a libertarian. It kicks off by mapping out the contemporary economic scene, both in the U.S. and globally, going deep into the concept of Sector Rotation. I then invite you to apply this knowledge interactively through a series of thought-provoking questions designed to test your understanding. Moving forward, the book explores the interplay between political systems, human nature, and values, and their interconnectedness with economic principles. I wrap up with a philosophical reflection, offering a comprehensive synthesis of the topics discussed. I'm eager to hear your thoughts on the book, especially since it presents a unique blend of sector rotation and applied economics in an accessible format. Your feedback would be immensely valuable!
The thumbnail - does this mean there might be EA content in the future?!
I meant to review What We Owe the Future, but I haven't gotten to it yet.
boring more then reading the books
The best way to learn econ is from a critical and comparative perspective. There are a lot of books that critique neoclassical theory and the free market.