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Paedin
LA-Lafayette Fan
Probably on a rig
Member since Apr 2012
2097 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Jumping on board for the read of Communist Manifesto. Read it once in college, but looking forward to reading again.

Background : Retail Management
Currrent : O&G Mudlogger


RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Yes, the introduction to the Penguin edition is basically its own book and filled with a lot of really good commentary. I think it will allow for better discussion that the manifesto itself. The question is whether to read the manifesto first or the introduction first.


Conky30
Mississippi St. Fan
Member since Jul 2014
17 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
I'm gonna jump on board with you guys. I've finished Economics in One Lesson, and I have about 25% remaining in Sowell's that I should have completed by Sunday. I hate I've missed the discussion, but I'm getting there.

Commercial Banking, mid-twenties, Finance degree.

As far as recommendations go, I have a couple from the Behavioral Economics/Crowd Psychology variety:

Kahneman - Thinking, Fast and Slow
Mackay- Extraordinary Popular Delusions and the Madness of Crowds

Looking forward to it.


RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Great. Welcome. And if people feel we need to push the start of CM back a week to allow everyone to catch up, we can do that. I know we came out of the gate pretty quickly.

Thanks for the recommendations. I've added to our list on Goodreads. Great idea on the behavioral psychology additions.
This post was edited on 7/29 at 4:54 am


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RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Welcome as well. I'm very interested to see what kind of discussion CM generates. I haven't read it since college and was flipping through my college copy and noticed I have it all marked up and highlighted. I'll be curious to see how my thoughts now compare to my thoughts then.


RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
We still have a little over a week of Marx left to go, but it's time to think about Book #4 to begin on August 21st so folks can order books as necessary.

The plan is to knock out one of the non-economics books on our list before switching to something more on the "fiscal left" for Book #5. For Book #5, I suggest something from the Keynesian camp. Be thinking about that as we have nothing on our reading list currently to choose from.

For Book #4, we have things such as Naked Statistics, The Intelligent Investor, The Smartest Guys in the Room, Lords of Finance, and Thinking Fast and Slow to choose from.

I'll make the selection for Book #4 by Saturday evening, either by majority vote (if we have any) or fiat (if we don't). Please also be thinking about a proper selection for Book #5 from the Keynesians.
This post was edited on 8/10 at 7:45 pm


DavidTheGnome
Monroe
Member since Apr 2015
6636 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
This sounds interesting, how do I jump on board? I guess I'll pick up when you start on book 5. For background my degree is Finance.
This post was edited on 8/11 at 9:40 pm


RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
It might be best to jump on board with the non-Econ read beginning the Monday after next (the selection is still TBD and this will be Book #4 in the series).

We're halfway through The Communist Manifesto and previously read Hazlitt's Economics in One Lesson and Sowell's Applied Economics.

We'll resume the Econ reads with selection #5.


DavidTheGnome
Monroe
Member since Apr 2015
6636 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Sounds good. When the next book is announced I'll try to jump on board and read, thanks.


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RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Book #4 will be The Smartest Guys in the Room by Bethany McLean and Peter Elkind and we'll start it a week from tomorrow.


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RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Think we'll go with a "real-world" economics read next, and then get back into theory afterwards. Book 5 will be Fixing Broken Windows, which discusses the other broken window theory (e.g. not Bastiat's, but the one which considers whether aesthetic improvements and the like can help reduce crime). See what y'all think below:

LINK

LINK
This post was edited on 9/14 at 9:36 pm


RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Fixing Broken Windows it is. Start Monday after next


RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
We've been reading at a vicious pace. Let's bump Book 5 start date to Oct 2.


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RedStickBR
LSU Fan
Member since Sep 2009
12439 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
Decent first run at this concept. I plan on picking it up again in a couple of months with Book #5 in the series. I'm off to read a bunch of books on Spain before my trip there. Have really enjoyed this so far, though. There's no doubt the set schedule provokes one to read more than they might otherwise


Enfuego
Tulane Fan
Houston
Member since Mar 2009
9029 posts

re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room)
This sounds interesting. I work in investment banking in Houston. Should be able to get a few hour of reading in this week.


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