...And a good book by Lewis
May 12, 2008
– Comments (1)
An excellent book: Hunter Lewis, "How much money does an economy need?" A very concise, no-nonsense discussion. Balanced coverage of the opposing economic theories. The book explains the views of Keynes, Mises, Hayek and others in simple terms, covers the policies of the Federal Reserve, and provokes you to formulate your own theory. And all of that takes only about 100 pages. The author really knows how to conserve the reader's time. A recommended reading for everyone. The book is reasonably priced at $17, but it's far more cost-efficient to read it for free during a visit to your local B&N. It will take you about 90 minutes to pick the main ideas. By the way, if the store sells coffee, don't forget to buy a medium cup before you start reading. It will facilitate your understanding of the book and besides, I need to get my SBUX score to the positive territory, it's runing the scorecard. Their service is definitely getting worse, but the coffee is still excellent.