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Subject:  Re: Here's your chance: Balance the Fed budget Date:  1/4/2007  7:36 AM
Author:  capitanfracassa Number:  200289 of 606180

My request of you Capitan, is a recommended reading list, not more than 10 books (they cost somewhat more here than they do anywhere else I've ever been).

I love lists, so here is one, and I include my bias at no extra costs!

Here it goes: (to save you money I add two you can read online! Call it 8 for the price of 6 ;-))

First, some easy books that can be read quickly for a general overview of lots of stuff:

1. a beginning college textbook about political economy (i.e. everything other than neo-classical)

2. Doug Henwood's Wall Street "for dummies". Priceless ( and free ).

3 Anything by John Keneth Galbraith. He is the master of explaining things clearly and entertainingly.

Choose between (in decreasing breadth) "The Age of uncertainty," "Money, whence it came, where it went," "The great crash of 1929," "A short history of financial euphoria", "The economics of innocent fraud"

Then, some more demanding texts

4. A microeconomics textbook with real world math (imagine that!)

5. Thorstein Veblen, at least his theory of business:

and preferably also his theory of consumption:

6. Keynes, the most influential economic theories of the century, warts and all.

Finally, some hard core bleeding edge stuff

7. Dumenil and Levy explain neo-liberalism in depth. Lots of graphs and no fairy tales.

8. Another freebie. This may sound like a strange recommendation, since Nitzan and Bichler only focus on Israel. But it is by far the best application of political economic theory to a complete histroy of one capitalist economy. I wouldn't pass this one out. Reading it today is probably like reading Adam Smith when he was alive.

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