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.

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.

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.

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.

Sounds good. When the next book is announced I'll try to jump on board and read, thanks.

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:

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We've been reading at a vicious pace. Let's bump Book 5 start date to Oct 2.

This sounds interesting. I work in investment banking in Houston. Should be able to get a few hour of reading in this week.