Reacting to The Funniest One-Star Reviews of Economics Books
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- Опубликовано: 9 май 2021
- What are the best comments on the best economics books? You have to look at the one-star reviews! Check out this challenge and tell me how you do. #economics
*Books Covered*
--Predictably Irrational
--Nudge
--Thinking Fast and Slow
--Capital in the 21st Century
--The Deficit Myth
--Naked Economics
--The Undercover Economist
--The Cartoon Introduction to Economics
--SuperFreakonomics
--Freakonomics
--Why Nations Fail
--Poor Economics
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Which challenge should I do next??
@@vinayakansajeev no one can 😔
What about we providing some passages from books of the leading economists and then you guess which "economist" that passage belongs to.
@@tahaoz2122 I was thinking the same thing, but with the first line of a book! Maybe it would be more fun with a weirder passage.
@@MarketPowerYT Absolutely. And If you put that challenge, I'm pretty sure that people will try to find the most interesting passages as much as they can.
Game theory :)
Absolutely loved it, this deserves a part 2. The best one was-
Kahneman *Invents behavioural economics and writes a book on it*
Random person on Amazon: You have no idea what you are talking about
Maybe it was a meta-critique about behavioral economics generally, not Kahneman specifically.
This makes me want to read Poor Economics, to see what everyone is confused by XD
The final Poor Economics comment really came out of nowhere.
I found it a good intro to how development economics works in third world countries, please do give it a go!
I haven’t read a single one of these books nor have I studied economics but this was hilarious
Glad you enjoyed it!
Hey, I had a question that what's the best option with economics cause I'm thinking of taking either politics or history (tbh ny math's a little weak 😅) what would you suggest me ???
Haha loved this video. Can't relate at all to the Predictibly Irrational reviews, it's great (I'm currently reading it).
I haven't read it in 10 years, and a lot of the lessons were lost on me. But it's popular!
Hey! I wanted to know what is your opinion on Interdisciplinary Economics in general and the field of Econophysics in specific?
I do economic history, where there's a lot of interdisciplinary work. Behavioral economics came from interdisciplinary work. Political economy. Cryptoeconomics. Most frontier work is done at the intersection of fields, so while I don't know your specific interests, there might be something promising there.
@@MarketPowerYT Thanks for the reply! What do you think about the prevailing discourse in economics today that the field is becoming overly 'mathematical'?
Please do this again!
I really want to have a sit down conversation with some of these commenters. And check their kindle to see how far they actually made it into the book.
This has been a great video.
This article says people only make it 6.8% through Thinking, Fast and Slow and only 2.4% through Capital. www.wsj.com/articles/the-summers-most-unread-book-is-1404417569
Looking forward to the freakonomics video!
+1
I'm hoping it goes well! It'll be a few weeks before I release it.
i would love to see this again
Two best economic books Theory of money and credit (Mises) and Quantity theory of money (Friedman).
I was looking at your CV and didn't know that you speak Portuguese. Why and where did you learn it? Do you speak it really fluently?
Falo, mas nunca pratico. I had some Brazilian friends and I loved the language, so I decided to take a few semesters of Portuguese as I ended college. It has been a while though. I could probably read fine (I have a Portuguese copy of Harry Potter just above the computer I'm writing on!) but I would struggle speaking right now. But give me a few weeks and I feel confident I would be fine.
Omg this video was brilliant!
Have you have read Basic Economics by Sowell?
We demand part 2 of this
I think it will come.
I am laughing so hard at these reviews. They are so entertaining, while I wondered if we are actually reading the same books. Some of the roasts are totally off the charts. And why do people think we economists are terrible in parties??? Are our jokes too corny, too nerdy or too otherworldly or what?
For some reason I thought that the third one would be Capitalism and freedom. Maybe it’s because I’m too young but I do not understand it 😂
4:49 "Different economic schools of thought". This suggests what I already suspected - that Economics is just opinion, based on no formal evidence - yet our politicians learn the subject (in UK usually through PPE - the intellectual sweepings of the University refectory) and force those opinions on us as though they were fact. That's a bit like god-botherers and religion.
9:10 Ah! Somebody else has realised the Emperor has no clothes. Any subject that uses the word _Theory_ to mean anything other than a model that has made successfully tested predictions is wholly unscientitific crap.
Its ammusing that few in America know about communism.
whoa! someone hated why nations fail so much 🤣 there is a nice paper by acemoglu on this
There are fair criticisms of Why Nations Fail. I have my personal beef with some of Acemoglu's work. But the dead horse comment is a classic.