Well if youre a Economics student like me i will highly offer you to start reading "Thinking,fast and slow " by Daniel Kahneman and Amos Tversky !
The persception introduced there just blew my mind with questions and when you start answering then you will know why i suggested it !
thanks
Topic: What books do you recommend for economics? (Read 221 times)
I just want to ask you all what books do you read for economics?
I'd suggest that you take a read of The Intelligent Investor.
It's one of the most influential books when it comes to personal finance. It'll make you really think about how much you know about the market and whether or not it is worth it to time the market (or maybe just admit that you won't ever time the market properly?).
The lessons imparted are especially relevant today with the crypto craze. I won't spoil it for you.
Agree in general, but please, do not read or believe anything about real state on any of kyosaky's books. He is just heating up and hyping on that.
Yep, he and a few others (like Peter Schiff) are exactly that, hype-sters, financial wannabe gurus who probably made a lot of money early on in their careers but who are now in the business of obtaining a following and getting publicity. Schiff is a notorious permabull on gold/silver, which is an absolutely insane position to take. Mike Maloney is another one of them, and guess what? He's trying to sell you gold and silver with all of the same ridiculous arguments that have been made for the last few decades.I've already made some recommendations for reading, and none of them are from any kind of financial self-help idiots. And again, if you really want to learn some basic economics, either take a course in it or grab a used textbook from Amazon or wherever and start reading. One of my favorite classes in university was corporate finance, and it was basically all about the stock market. I found it fascinating, and the textbook we had was awesome--I just forgot who wrote it, else I'd recommend it in a heartbeat.
I was not aware of those other, but glad to know. Going into a bit more of detail, real state is a business that has the same foundation that any other: it works when you buy cheap and sell expensive and is better the faster you can do that.. The main difference is that you usually can get plenty of bank money to play with and that is what Kiyosaki calls "good debt".
The problem is that the approach is simplistic. This is simply a leveraged buy and it is as good as the outcome: if good becomes great and if bad becomes awful. He simply ignores the fact that sometimes things go wrong, even buying property.
I just want to ask you all what books do you read for economics?
There are a lot of good recommendations here already. I'm currently reading through "Wealth of Nations" right now which is commonly praised by Charlie Munger and Warren Buffett. I can see why as it really helps to break down economics into the fundamental building blocks and is a great starting point for anyone. Most of the books referenced by The_Pharmacist are also well worth a read and it's definitely a good idea to vary the author, Peter Lynch was able to put things into an understandable and down to earth manner - I recommend reading all of his books, but the first two finance books he wrote have to be the most interesting, he was a major league fund manager who performed very well for decades.
I just want to ask you all what books do you read for economics?
I for one doesn't invest in books or read books physically because it's so quite expensive these days either in local bookstore or buy the books online. I usually search and read it in google or watch it in Youtube because it's usually free and no charge. It's the advantage of the internet nowadays so why not take advantage of it. 
But if you're looking for some physical books for you to read about economics, I can recommend some that I found on the internet if you need. Happy to help!
https://www.investopedia.com/best-economics-books-5186983
However some people still prefer reading the book itself, I guess it is something that people got used to, a kindle would do exactly the same job and it is the same book so I have no idea why they are not getting one kindle and then save 50%+ on each book, but I guess it is just getting used to something and having trouble switching to the new tech.
But I get you, I do the same, I do not even buy ebooks, I just read stuff online, all the things I want to learn is already out there and that means I could find it for free and a lot more compact than a whole book.
I just want to ask you all what books do you read for economics?
I for one doesn't invest in books or read books physically because it's so quite expensive these days either in local bookstore or buy the books online. I usually search and read it in google or watch it in Youtube because it's usually free and no charge. It's the advantage of the internet nowadays so why not take advantage of it.
But if you're looking for some physical books for you to read about economics, I can recommend some that I found on the internet if you need. Happy to help!
https://www.investopedia.com/best-economics-books-5186983
I just want to ask you all what books do you read for economics?
I for one doesn't invest in books or read books physically because it's so quite expensive these days either in local bookstore or buy the books online. I usually search and read it in google or watch it in Youtube because it's usually free and no charge. It's the advantage of the internet nowadays so why not take advantage of it.
But if you're looking for some physical books for you to read about economics, I can recommend some that I found on the internet if you need. Happy to help!
https://www.investopedia.com/best-economics-books-5186983
in college, I majored in economics in my country
although I am not a gifted student but i like to read and the books “Economics in One Lesson” by henry hazzlit and “Think, Fast and Slow” by daniel kahneman are my favorite
although I am not a gifted student but i like to read and the books “Economics in One Lesson” by henry hazzlit and “Think, Fast and Slow” by daniel kahneman are my favorite
Agree in general, but please, do not read or believe anything about real state on any of kyosaky's books. He is just heating up and hyping on that.
Yep, he and a few others (like Peter Schiff) are exactly that, hype-sters, financial wannabe gurus who probably made a lot of money early on in their careers but who are now in the business of obtaining a following and getting publicity. Schiff is a notorious permabull on gold/silver, which is an absolutely insane position to take. Mike Maloney is another one of them, and guess what? He's trying to sell you gold and silver with all of the same ridiculous arguments that have been made for the last few decades.I've already made some recommendations for reading, and none of them are from any kind of financial self-help idiots. And again, if you really want to learn some basic economics, either take a course in it or grab a used textbook from Amazon or wherever and start reading. One of my favorite classes in university was corporate finance, and it was basically all about the stock market. I found it fascinating, and the textbook we had was awesome--I just forgot who wrote it, else I'd recommend it in a heartbeat.
I just want to ask you all what books do you read for economics?
I have read a lot of books on economics and I want to recommend you "The richest man in Babylon" and "Rich dad poor dad". They will definitely increase the level of your financial literacy as they give a lot of advice on how to save and then multiply money.If you want to read something about crypto I can recommend you the book called "How to DEFI" if you are interested in decentralised projects.
I just want to ask you all what books do you read for economics?
Peter Lynch "Beating the street" really changed my view in the world. In fact I could say that it could be one of the main reasons why I got into crypto as well. It is not just simply a book about how to invest, but more about how you should aim at getting richer faster than others do in the general market. If the economy grows at 2% and you got richer 1% then you did not get richer, you got poor. This idea could be sounding like a common sense thing, but not many people focus on that.In high inflation nations of the world, there are people who get 5-10% increase in salary, and yet the inflation is so high that they are actually getting poorer every single year and getting a worse life because of it. So, learning how to beat the market and get richer is a very important idea and he talks about how he approached the market to achieve this as well.
...
Agree in general, but please, do not read or believe anything about real state on any of kyosaky's books. He is just heating up and hyping on that.
These books are not really about economics and even the story is sticky, they can be resumed in just a few sentences. I reckon nobody would pay to read or go to a chat with just that, but that is really how it is:
a) Do not spend more that you earn. LIVE WITHIN YOUR MEANS.
b) Try to have different sources of income.
c) Do not get into a mortgage that you may not be able to pay. LIVE WITHIN YOUR MEANS.
d) Avoid credit card or similar debts.
e) Use debt when it is right to do so.
not much more in the books really... just the very basics to avoid the rat race.
Agree in general, but please, do not read or believe anything about real state on any of kyosaky's books. He is just heating up and hyping on that.
These books are not really about economics and even the story is sticky, they can be resumed in just a few sentences. I reckon nobody would pay to read or go to a chat with just that, but that is really how it is:
a) Do not spend more that you earn. LIVE WITHIN YOUR MEANS.
b) Try to have different sources of income.
c) Do not get into a mortgage that you may not be able to pay. LIVE WITHIN YOUR MEANS.
d) Avoid credit card or similar debts.
e) Use debt when it is right to do so.
not much more in the books really... just the very basics to avoid the rat race.
Thanks for your feedback and observation! Interesting position, I will listen
Regarding the above points, I almost completely agree. Although, for example, with a "cash gap", it is convenient to use a convenient interest-free loan. Unfortunately, sometimes this happens, and it is urgent to raise money. For example, I made repairs in a new apartment, changed the design concept - and the budget of the event changed, but the savings are not ready for this
An interest-free loan is a solution to the problem, it is convenient. And here's the rest, good rules!
It's a good idea to read the economics books that you think are the best available in the country where you live and in your language, because reading books in your own language will be easier for you to understand and apply.
and besides that the contents in international or national books in my opinion will not be much different from the story, depending on how great you can store the contents of the book in your brain so that you can apply it well and be disciplined in doing it and also be consistent.
If there is a best economics book in your country why should you read a foreign book in another language, because it will confuse you?
and besides that the contents in international or national books in my opinion will not be much different from the story, depending on how great you can store the contents of the book in your brain so that you can apply it well and be disciplined in doing it and also be consistent.
If there is a best economics book in your country why should you read a foreign book in another language, because it will confuse you?
I highly recommend Freakonomics. It’s one of those books you can keep picking up from time to time and still be blown away. There is a bit of speculation presented as fact that can be a bit of a distraction for a cynical reader such as myself but that doesn’t take away it’s brilliance.
If you want to know how economics work on National scale, you can scale it down to family or small community level and study how members activities affect the family/community economy. Lessons learned could be applied on National or larger scale
Really ? On a large scale may not work in a local scale likewise the principle of medium scale business and large scale business don't work same way. The ingredients are not same like large scale requires loans , larger space, increase labour, and expertise entrepreneurship but these are absent in small businesses likewise running of homes or families won't be measured with the national scale. The economic books are not really the facts of buying and selling in real terms.
If you asking for recommendation in order to pass exam, I honestly don't know. But if you are asking to apply it in your daily life & be successful, I would simply recommend you stick to things that work well for you. For example, create a unique way to save money that you can't learn anywhere else. You must not follow what the economic books recommend.
If you want to know how economics work on National scale, you can scale it down to family or small community level and study how members activities affect the family/community economy. Lessons learned could be applied on National or larger scale
If you want to know how economics work on National scale, you can scale it down to family or small community level and study how members activities affect the family/community economy. Lessons learned could be applied on National or larger scale
I know the question is about books on economics, so I apologize for the derailment, but the YT channel Economics Explained helped me a ton when it comes to understanding the finer details of the subject. It's easily digestible so that anyone can understand it and it covers a wide range of topics. Perfect for anyone on the go because you don't need to watch it, just listen.
I have no interest in reading books but one day I read about economics books there are many titles but I like to read books of capital ,,, I'll really touch because of the line of saying this how can we do business without capital soo one way direction to need more income for you to achieve this event a crypto currency really helps, need to learn more about trading and save bitcoin and someday we will reach what we needed.
Rich dad, poor dad
The book "Rich Dad, Poor Dad" is a philosophical and practical treatise on obtaining financial knowledge, and the author very reasonably argues that this knowledge is needed by our children from the earliest grades of school, for the formation of "financial literacy". In addition to purely financial knowledge, the second, and maybe the first part is that it is not correct to form a model of behavior in children and the ideal "to be rich you have to work hard."
Kiyosaki is a renowned author of motivational books on finance and personal development. The book was written based on the personal experience and observations of the author. I highly recommend reading!
The book "Rich Dad, Poor Dad" is a philosophical and practical treatise on obtaining financial knowledge, and the author very reasonably argues that this knowledge is needed by our children from the earliest grades of school, for the formation of "financial literacy". In addition to purely financial knowledge, the second, and maybe the first part is that it is not correct to form a model of behavior in children and the ideal "to be rich you have to work hard."
Kiyosaki is a renowned author of motivational books on finance and personal development. The book was written based on the personal experience and observations of the author. I highly recommend reading!
Agree in general, but please, do not read or believe anything about real state on any of kyosaky's books. He is just heating up and hyping on that.
These books are not really about economics and even the story is sticky, they can be resumed in just a few sentences. I reckon nobody would pay to read or go to a chat with just that, but that is really how it is:
a) Do not spend more that you earn. LIVE WITHIN YOUR MEANS.
b) Try to have different sources of income.
c) Do not get into a mortgage that you may not be able to pay. LIVE WITHIN YOUR MEANS.
d) Avoid credit card or similar debts.
e) Use debt when it is right to do so.
not much more in the books really... just the very basics to avoid the rat race.
Rich dad, poor dad
The book "Rich Dad, Poor Dad" is a philosophical and practical treatise on obtaining financial knowledge, and the author very reasonably argues that this knowledge is needed by our children from the earliest grades of school, for the formation of "financial literacy". In addition to purely financial knowledge, the second, and maybe the first part is that it is not correct to form a model of behavior in children and the ideal "to be rich you have to work hard."
Kiyosaki is a renowned author of motivational books on finance and personal development. The book was written based on the personal experience and observations of the author. I highly recommend reading!
The book "Rich Dad, Poor Dad" is a philosophical and practical treatise on obtaining financial knowledge, and the author very reasonably argues that this knowledge is needed by our children from the earliest grades of school, for the formation of "financial literacy". In addition to purely financial knowledge, the second, and maybe the first part is that it is not correct to form a model of behavior in children and the ideal "to be rich you have to work hard."
Kiyosaki is a renowned author of motivational books on finance and personal development. The book was written based on the personal experience and observations of the author. I highly recommend reading!
Jump to: