
Economic theory in retrospect
by Mark Blaug · first published 1962
4mentions
3recommended by
3HN commenters
2016–2023first – last mentioned
100% recommend
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…to start there than the pop econ books (and I would dispense with most heterodox reading before you're able to assess them within a larger framework). Two good books that haven't been mentioned here: Economic Theory in Retrospect, by Mark Blaug. Very useful to get a good historical grounding in the main ideas that compose today's orthodox economics. The Applied Theory of Pirce, by McCloskey. Your usual microeconomics textbook,…
on “Ask HN: What are the must-read books about economics/finance?” ↗Just read. One book that has stayed constantly on my bookcase, in my suitcase, under my bed, [alternate preposition location + noun location] is Blaug, Economic Theory in Retrospect. It is quite fantastic.
on “Ask HN: What's a practical way to learn microeconomis?” ↗…consensus of economists on the nature of finance and banking. A excellent work to better understand the history of economic thought from before Adam Smith through to mid-twentieth century is Mark Blaug's Economic Theory in Retrospect.[1] Discussions about systemic risk, for example, have not lead to normative conclusions about nationalizing banking. An analogy might be that finance is like electricity. The very real risks of electrocution…
on “China Busts a $3B Underground Bank” ↗…centuries, and if reading really need to be read in full than in part (for example, discussion in part V III in The Wealth of Nations hardly paints discussion in I in an entirely positive light) try Blaug, Economic Theory in Retrospect. For specific topics, like Industrial Economics, or Experimental Economics for example, consult the reading list of a university's undergraduate course options.
on “Ask HN: Book Ideas for Math, Physics, AI, Economics” ↗