I am a highschool student in Turkey and I read these books expect wealth of nations. I suggested to you Daron Acemoglu Why Nations Fail. Very nice people to understand economy in 17th century. He will win nobel great potential
@@AA-re8jd Probably begin with Wealth of Nations as some others are overflowing with economics terms while Wealth of Nations is a little easier to understand.
Glad I found you on Tiktok, You've motivated me to read books and learn skills that could help me build my future. Hoping to see more suggestions of yours😊😊
The Arthashastra, written by the ancient Indian philosopher and statesman Kautilya (also known as Chanakya), is considered one of the most important works in the field of economics and political science. Here are some reasons why it is often regarded as the best book for economic study: Comprehensive: The Arthashastra covers a wide range of topics, including economics, politics, warfare, diplomacy, and governance. As such, it provides a comprehensive understanding of the interplay between these different aspects of society and how they affect economic development. Historical Significance: The Arthashastra was written more than two thousand years ago, making it one of the oldest surviving works on economics. Its ideas and concepts have influenced economic thought not only in India but also in other parts of the world, making it a historically significant text. Practical Approach: The Arthashastra is a highly practical work that provides detailed instructions on various aspects of economic policy, such as taxation, trade, and regulation. It is not just a theoretical treatise, but a guidebook for how to govern and develop an economy. Emphasis on Ethics: The Arthashastra recognizes the importance of ethical considerations in economic policy-making. It stresses the need for rulers to act with integrity and fairness in their dealings with their subjects and to avoid exploiting them for personal gain. Relevance Today: Many of the ideas and concepts presented in the Arthashastra are still relevant today, especially in the context of developing economies. Its emphasis on the importance of infrastructure development, taxation policies, and trade regulations continue to influence economic policy-makers around the world. Overall, the Arthashastra provides a unique perspective on economics and governance that is both practical and ethical, making it an important work for anyone interested in studying economics.
@@lightyagami9486can't even spell archeological right Go to school kid😂 Historians believe Arthshastra is real unlike some science chutney youtubers😂😂🤣
"The Worldly Philosophers" would be a good introduction for people that need a good overview over a lot of different important economists and their theories. Otherwise your recommendations are quite solid.
Yeah, i would be so disapointed if i just went and bought Capital😂. I honestly dont Think this guy has read either Capital or the wealth of nations. He recommends the holy boble of capitalisim and communisim. Just Think about it had Lenin(the communist Who brought communisim to russia during the revolution) just not read the communist manifesto by Carl Marx, russia might have been a economicly strong and free liberal nation today. This guy is from Ukraine that is under attack by communist russia right now. And he is sitting here 2 years earlier and recomending a book by the man Who gave Lenin good ideas. I hope his viewes has changed
Thanks ever so much. I’ve almost finished The Wealth of Nature and thirsty for more reading in Economics. “The Queen of the social sciences”?! I’m off to find the source for that haha! 😅 Thanks again.
Smith describes the "process of the invisible hand regulating the market" and "small state, big market"? Mustn't have read it too closely. Smith uses "invisible hand" in only one context in the Wealth of Nations, that's in describing "home bias", not the "market". In Smith's other work, it's clear he literally means the hand of his God. On "small state, big market" Smith describes the "division of labour" leading to humans "becom[ing] as stupid and ignorant as it is possible for a human creature to become... unless government takes some pains to prevent it." Doesn't sound to "small government" to me. Maybe give it another read
Keynesian econ and neoliberalism are two sides of the same coin. neoliberal economics produces regular crises at which point the ppl in charge say "oops, we're all keynesians now" (as nixon said) and give stimulus plans disproportionately propping up the rich
@@paxtonghandi1380 Neoliberalism is a vapid philosophical concept that, in political terms, often means "some economic/political program that I don´t like". Now if you are talking about a market economy, it literally produces ZERO economic crises. All the economic crises that have ever ocurred, without exception, have been caused by government interference in free economic activity. This includes the Great Depression, bank panics in the 19th century and every single boom and bust cycle that has ever happened. The problem is that most people don´t know enough about economics and economic history to understand this so they buy into all the nonsense devised to further a statist agenda, in which Keynesian philosophy plays no small part.
@@patricksachs3655 There's just too much wrong here, and you obviously are repeating that first line because I've heard it so many times before. When hoover did nothing for the first few years of the depression, the economy sank deeper and deeper. I agree most people don't know enough about eeconomics and economic history, and clearly.... you're one of them. by the way the government creates the economy through the money it prints, so to act like there's a scenario with "no government interference" is so ridiculous, but that's only just the tip of the ice berg wow... but again there are just about a thousand things wrong you packed into that little paragraph and I. just. can't. Obviously you live in a world where your own privilege alllows you to be blind to the crises all over the world caused by corporate vultures and economic hitmen, and the fact that the government does what these corporations ask it to (war etc.)... a statist agenda haaa also from my comment it should be clear that don't like "keynesian philosophy".but you know who did? milton f'ing friedman when he advised nixon. .. just wow i don't know. if i knew you were this huge an idiot i wouldn't have put a reply here. Usually I'm very patient and explain things when people say really dumb things, and I give them the benefit of the doubt, but this is too much, the gap is just too abysmal. Can't risk falling. All I can say is yikes.
ok keep telling myself, no no! you can't save them all! but just one more thing--you know why we don't have "bank panics" anymore? the f'ing fdic... just. too. much. so. wrong....
Thanks for your suggestions. It was much needed but Respect the books which give you so much knowledge and dont throw it like that. We Indians treat the books like God.
What do any of those books say about Planned Obsolescence and the depreciation of durable consumer goods? Economists do not mention NDP, Net Domestic Product very much. They subtract the depreciation of capital goods and ignore what consumers lose on cars, air conditioners and microwave ovens. Oh, What do you mean those did not exist when Smith and Marx were around? Did John Maynard Keynes ever see a television commercial for automobiles?
Would you please help me to search this topic notes?? I didn't get this topic notes elsewhere. Topic 1) Samuelson utility possibility curve Topic 2) divergence between private and social cost Topic 3) problem of non market interdependence Topic 4 the role of state Topic 5) welfare analysis of risky projects Topic 6) the value of information and irreversible consequences Topic 7) welfare theory and international trade Have you a book of an introduction to modern welfare Economics if you have this book please share the photo of chapter no. 103) welfare analysis of risky projects Chapter no. 104) the value of information and irreversible consequences
mine too.... i am a capitalist as in i run my own business, but it has really brought to light the way society is tearing apart the little man, and exploiting him...and you know what stops this exploitation ? UNIONS...proper powerful unions....not doing what unions today are doing which is protecting some silly lazy person from getting sacked or trying to get a wage rise at critical business times... proper unions we should be grateful for , they have limited the exploitation of the captialists...but more than that , you can see how govt has tried to quash powerful unions, and they need to be reintroduced, and given big policies to which they can manipulate the capitalists to pay up....and bring forth equality... eg.. bill gates microsoft was a wonderful idea, but there are workers putting in 50 hours a week earning just above minimum wage , whilst the likes of bill gates earns about 30 billion a year..and share holders who do jack shit .earn their dividends...UNIONS CAN CHANGE THAT game... THE PEOPLE HAVE THE POWER , IF they could just unite and quash the exploiting captialists..until the day came that the likes of bill gates could earn 20 million a year, and the rest gets split amongst the workers. no longer exploiting their human labour...and this money could also be distributed to others who dont even work for microsoft..i havent done a full plan...but the plan in place is SHIT.
Billy b- Those are books that will teach you real economics. If you are able to include Man, Economy &State by Murray Rothbard, you will have a very solid understanding of economics.
Smith and Marx never saw a Planned Obsolescence Economy. John Maynard Keynes never saw a television commercial for automobiles. Where is the data on the annual depreciation of automobiles purchased by consumers since Sputnik?
I've been trying to find the actual full version of the Wealth of Nations, but I can't find the full book. Where exactly can I get a full copy? Do you have a link to the book online?
Amazon. There are many books. Some publications will give you all the five parts in one book with small fonts printed and some other publications will give you two or more books. all are full versions.
Only read it if you do it for the history of capitalism or want to go really deep. There are some flaws with the book and we have learbed a lot since then(270 years ago)
I'd add Human Action by Ludwig von Mises or Man, Economy & State with Power & Market by Murray Rothbard. Therefore we do not miss any mayor school of thought. Great video!
@@maxklymenko They are not "mainstream" but for political reasons. Mises and Rothbard have been ignored and minimized, but never refuted. On the other hand, they have completely refuted not only Marx , but Keynes, Samuelson and other "mainstream economists".
The wealth of nations is pretty good, it teaches you throughout the book out of all the things the basics of economics, so you'll pretty much learn the terms, you can also look in google, those are not like, the hardest thing, so it would help.
terms are confusing and ,useful only to them who seek to not learn and understand but showcase others that they could but chose not to- flaunting. To understand terms and to remember them most importantly, only realise their theory and implication in practise and notice the ripple effect of a term when in place. For example, you don't need to learn everything about utility and use value, just understand what they mean- utility of a commodity in terms of its use.
he hasnt read those boooks...i have capital and wealth of nations..and my spines are battered, there is just so much content that it takes ages to read and the book is trashed by the end of it.
Tried to read capital but it was hard because I learned that Marx wasn’t an actual economist, and I heard that Keynes’s theories lead to failure when it was tried?
Yeah, Marx's views aren't taken seriously by any Modern economic stream. Keynesian, neoclassical, Chicago school, welfare Economics, Austrians,etc Literally no one takes Marxian analysis or surplus value seriously. classical economics became neoclassical economics after marginal revolution. Marginal revolution crushed the labour value of Theory upon which Marx argued that businesses are exploiting workers.
@@rabbit-ku1bn looks like they didn’t ostracize Marx enough. A bunch of his cultists are tearing up cities and had reworded the premise of communist manifesto into critical race theory
@@gabbar51ngh >No economist takes Marx seriously I guess this is because what Marx tried to do in Capital is not something which normal economists do, he tried to reveal the inner organisation of the capitalist mode of production in its ideal average. Far different from some economist who might try to explain why prices are a certain way or something like that. "Marginal revolution crushed the labour value of Theory upon which Marx argued that businesses are exploiting workers." How did it crush Marx's value theory?
Read “Basic Economics” by Thomas Sowell, “Capitalism and Freedom” by Milton Friedman, “The Wealth of Nations” by Adam Smith, “Economic Calculation in the Socialist Commonwealth” by Ludwig Von Mises, “The Use of Knowledge in Society” by F.A Hayek, and “A Critique if Interventionism” by Ludwig Von Mises,
Each book basically takes a different economic perspective, so really it doesn’t matter. Wealth of Nations was first to be written so I’d personally start with that.
Hello Can I translate your video in my native language! I want to present them the different books from different countries but most of them can't listen well to your language. I will give you a credit and I will make it for commercial use. Also, I will support them to subcribe you. Can I translate your book recommendation videos?
Thomas Sowell is not an economics professor. He left academia in the 70s. His work since then is focused on politics and public policy from a right-wing libertarian perspective. And Piketty’s data wasn’t fake; he used statistical methods to make estimates for which data isn’t available.
WTF, None of these books are useful to modern economists, may except Piketty and Keynes. Bad list. Read Wooldridge introductory economics, Banerjee Duflo Poor Economics if you really wanna know what economists do
Mine are: 1. "Human Action"- Ludwig von Mises 2. "Principles of Economics"- Carl Menger 3. "Theory of Capital"- E. B.B.
fan of austrian school of economics I see
Based this guy has no idea what he’s talking about
Austrian Economics are a joke
is it “The Positive Theory of Capital” ???
Austrian pseudoeconomics detected
I am a highschool student in Turkey and I read these books expect wealth of nations.
I suggested to you Daron Acemoglu Why Nations Fail. Very nice people to understand economy in 17th century.
He will win nobel great potential
I have read it actually - great book!
Wait, you are a high school student and you have read all these books except A. smith ? That is fantastic.
because my debate club. we have to learn lots of things abouth lots of topic.
@@azadseki9833 I am a science student. Completely illeterate in economics , but i am intresred in it, can you suggest me a book that begin from basics
@@AA-re8jd Probably begin with Wealth of Nations as some others are overflowing with economics terms while Wealth of Nations is a little easier to understand.
Glad I found you on Tiktok, You've motivated me to read books and learn skills that could help me build my future. Hoping to see more suggestions of yours😊😊
awesome!
Please make more videos regarding economics,like some cool smart amazing knowledge.
thanks Kiran
The Arthashastra, written by the ancient Indian philosopher and statesman Kautilya (also known as Chanakya), is considered one of the most important works in the field of economics and political science. Here are some reasons why it is often regarded as the best book for economic study:
Comprehensive: The Arthashastra covers a wide range of topics, including economics, politics, warfare, diplomacy, and governance. As such, it provides a comprehensive understanding of the interplay between these different aspects of society and how they affect economic development.
Historical Significance: The Arthashastra was written more than two thousand years ago, making it one of the oldest surviving works on economics. Its ideas and concepts have influenced economic thought not only in India but also in other parts of the world, making it a historically significant text.
Practical Approach: The Arthashastra is a highly practical work that provides detailed instructions on various aspects of economic policy, such as taxation, trade, and regulation. It is not just a theoretical treatise, but a guidebook for how to govern and develop an economy.
Emphasis on Ethics: The Arthashastra recognizes the importance of ethical considerations in economic policy-making. It stresses the need for rulers to act with integrity and fairness in their dealings with their subjects and to avoid exploiting them for personal gain.
Relevance Today: Many of the ideas and concepts presented in the Arthashastra are still relevant today, especially in the context of developing economies. Its emphasis on the importance of infrastructure development, taxation policies, and trade regulations continue to influence economic policy-makers around the world.
Overall, the Arthashastra provides a unique perspective on economics and governance that is both practical and ethical, making it an important work for anyone interested in studying economics.
Hmm I wonder why I've never heard of it then? Maybe it actually isn't considered a major economic text 🤔
THERE IS NO ACHEOLOGICAL EVIDENCE OF THE BOOK WRITEN IN THAT ERA , AND ITS THE MOST OUTDATED BOOK WRITTEN IN TERMS OF ECONOMICS LOL
Thank you for the recommendation!
@@lightyagami9486can't even spell archeological right
Go to school kid😂
Historians believe Arthshastra is real unlike some science chutney youtubers😂😂🤣
Its not exactly an economics book
"The Worldly Philosophers" would be a good introduction for people that need a good overview over a lot of different important economists and their theories.
Otherwise your recommendations are quite solid.
Yeah, i would be so disapointed if i just went and bought Capital😂. I honestly dont Think this guy has read either Capital or the wealth of nations. He recommends the holy boble of capitalisim and communisim. Just Think about it had Lenin(the communist Who brought communisim to russia during the revolution) just not read the communist manifesto by Carl Marx, russia might have been a economicly strong and free liberal nation today. This guy is from Ukraine that is under attack by communist russia right now. And he is sitting here 2 years earlier and recomending a book by the man Who gave Lenin good ideas. I hope his viewes has changed
Thanks ever so much. I’ve almost finished The Wealth of Nature and thirsty for more reading in Economics. “The Queen of the social sciences”?! I’m off to find the source for that haha! 😅 Thanks again.
What economics book are you reading now? What economics books have you read?
You should read "Principles of Economics" by Carl Menger
Hi! I’m a fincancial economics major. Any recommendation on finance economic books? Also, great recommendations, thank you!
How is your career going?
Wow!!thanks so much for the recommedation. You know what? I'll read all of them.
Great suggestions. I don't know much about Thomas Picketty so I will try to read "Chronicles" ASAP. (I have read the others already).
Smith describes the "process of the invisible hand regulating the market" and "small state, big market"? Mustn't have read it too closely. Smith uses "invisible hand" in only one context in the Wealth of Nations, that's in describing "home bias", not the "market". In Smith's other work, it's clear he literally means the hand of his God. On "small state, big market" Smith describes the "division of labour" leading to humans "becom[ing] as stupid and ignorant as it is possible for a human creature to become... unless government takes some pains to prevent it." Doesn't sound to "small government" to me. Maybe give it another read
5:40- Keynes is not making a "big comeback". It has never left, and we are the worst off for it.
ahah I agree
Keynesian econ and neoliberalism are two sides of the same coin. neoliberal economics produces regular crises at which point the ppl in charge say "oops, we're all keynesians now" (as nixon said) and give stimulus plans disproportionately propping up the rich
@@paxtonghandi1380 Neoliberalism is a vapid philosophical concept that, in political terms, often means "some economic/political program that I don´t like". Now if you are talking about a market economy, it literally produces ZERO economic crises. All the economic crises that have ever ocurred, without exception, have been caused by government interference in free economic activity. This includes the Great Depression, bank panics in the 19th century and every single boom and bust cycle that has ever happened. The problem is that most people don´t know enough about economics and economic history to understand this so they buy into all the nonsense devised to further a statist agenda, in which Keynesian philosophy plays no small part.
@@patricksachs3655 There's just too much wrong here, and you obviously are repeating that first line because I've heard it so many times before. When hoover did nothing for the first few years of the depression, the economy sank deeper and deeper. I agree most people don't know enough about eeconomics and economic history, and clearly.... you're one of them. by the way the government creates the economy through the money it prints, so to act like there's a scenario with "no government interference" is so ridiculous, but that's only just the tip of the ice berg wow... but again there are just about a thousand things wrong you packed into that little paragraph and I. just. can't. Obviously you live in a world where your own privilege alllows you to be blind to the crises all over the world caused by corporate vultures and economic hitmen, and the fact that the government does what these corporations ask it to (war etc.)... a statist agenda haaa also from my comment it should be clear that don't like "keynesian philosophy".but you know who did? milton f'ing friedman when he advised nixon. .. just wow i don't know. if i knew you were this huge an idiot i wouldn't have put a reply here. Usually I'm very patient and explain things when people say really dumb things, and I give them the benefit of the doubt, but this is too much, the gap is just too abysmal. Can't risk falling. All I can say is yikes.
ok keep telling myself, no no! you can't save them all! but just one more thing--you know why we don't have "bank panics" anymore? the f'ing fdic... just. too. much. so. wrong....
nothing mentioned about austrian economics ....so leftie
Thanks for your suggestions. It was much needed but Respect the books which give you so much knowledge and dont throw it like that. We Indians treat the books like God.
One of the best comments here!
@@mapatojuma THANK YOU
What do any of those books say about Planned Obsolescence and the depreciation of durable consumer goods?
Economists do not mention NDP, Net Domestic Product very much. They subtract the depreciation of capital goods and ignore what consumers lose on cars, air conditioners and microwave ovens.
Oh, What do you mean those did not exist when Smith and Marx were around? Did John Maynard Keynes ever see a television commercial for automobiles?
If you mention Keynes you have to mention Hayek (basically to complete the 4 schools of thoughts).
The guy is an intellectual child as far as Economics goes.
@@ConfucianScholar hayek : wins nobel prize in economics
Guy in youtube comment section : he is a n intellectual child as far as economics goes
Would you please help me to search this topic notes??
I didn't get this topic notes elsewhere.
Topic 1) Samuelson utility possibility curve
Topic 2) divergence between private and social cost
Topic 3) problem of non market interdependence
Topic 4 the role of state
Topic 5) welfare analysis of risky projects
Topic 6) the value of information and irreversible consequences
Topic 7) welfare theory and international trade
Have you a book of an introduction to modern welfare Economics if you have this book please share the photo of chapter no. 103) welfare analysis of risky projects
Chapter no. 104) the value of information and irreversible consequences
I want to start but where should I begin?
No way, I knew I recognised you from somewhere
What do you mean?
Capital changed my life
mine too.... i am a capitalist as in i run my own business, but it has really brought to light the way society is tearing apart the little man, and exploiting him...and you know what stops this exploitation ? UNIONS...proper powerful unions....not doing what unions today are doing which is protecting some silly lazy person from getting sacked or trying to get a wage rise at critical business times... proper unions we should be grateful for , they have limited the exploitation of the captialists...but more than that , you can see how govt has tried to quash powerful unions, and they need to be reintroduced, and given big policies to which they can manipulate the capitalists to pay up....and bring forth equality... eg.. bill gates microsoft was a wonderful idea, but there are workers putting in 50 hours a week earning just above minimum wage , whilst the likes of bill gates earns about 30 billion a year..and share holders who do jack shit .earn their dividends...UNIONS CAN CHANGE THAT game... THE PEOPLE HAVE THE POWER , IF they could just unite and quash the exploiting captialists..until the day came that the likes of bill gates could earn 20 million a year, and the rest gets split amongst the workers. no longer exploiting their human labour...and this money could also be distributed to others who dont even work for microsoft..i havent done a full plan...but the plan in place is SHIT.
How is capital “very emotionally charged”?
The books I find on youtube are Economics in one Lesson and Basic economics by Thomas Sowell. What do you think of those?
Billy b very good!!
Billy b- Those are books that will teach you real economics. If you are able to include Man, Economy &State by Murray Rothbard, you will have a very solid understanding of economics.
Thomas sowell is the man
@@patricksachs3655 As much as I love MES I believe you need a better foundation than that to understand it
@@joshASM I have a very solid foundation in economics and money, but thanks for your concern.
You cant read the Wealth of Nations without the theory of moral sentiments
Why? Please explain.
Thank you so much for this recommendations
Thank's a lot for the suggestions
Smith and Marx never saw a Planned Obsolescence Economy.
John Maynard Keynes never saw a television commercial for automobiles.
Where is the data on the annual depreciation of automobiles purchased by consumers since Sputnik?
Thank you. Are you studying economics?
yes Jason - I graduated from LSE
Wait, nothing from the Austrian school!?
I've been trying to find the actual full version of the Wealth of Nations, but I can't find the full book. Where exactly can I get a full copy? Do you have a link to the book online?
Amazon.
There are many books.
Some publications will give you all the five parts in one book with small fonts printed and some other publications will give you two or more books.
all are full versions.
Only read it if you do it for the history of capitalism or want to go really deep. There are some flaws with the book and we have learbed a lot since then(270 years ago)
I'd add Human Action by Ludwig von Mises or Man, Economy & State with Power & Market by Murray Rothbard. Therefore we do not miss any mayor school of thought.
Great video!
Thank you Teodoro! Very honourable mentions, but I guess their ideas haven't ever entered mainstream thinking.
Capital and Ideology dude
@@maxklymenko They are not "mainstream" but for political reasons. Mises and Rothbard have been ignored and minimized, but never refuted.
On the other hand, they have completely refuted not only Marx , but Keynes, Samuelson and other "mainstream economists".
@Giuseppe Nuñez You are absolutely right about that! I'm glad others see that.
@@drotalk5055 You sound like quite the non thinker. And no, Mises is not an "ancap".
You would know that if you actually read his works.
I don't know any basics of economics. Can I read these books?
Sachith N yes, absolutely
Read basic economics by Tomas sowell
That One Hawks fan Which one? I found several Basic Economics.
@@TewiNews Don't read that propaganda piece. Read the actual classics first.
No, Das Kapital is a very dense and heavy read, you're gonna have to specialize yourself on philosophy to even try to get it
I’m just getting into economics so I’m not familiar with all the terms, will I be able to understand these books?
The wealth of nations is pretty good, it teaches you throughout the book out of all the things the basics of economics, so you'll pretty much learn the terms, you can also look in google, those are not like, the hardest thing, so it would help.
terms are confusing and ,useful only to them who seek to not learn and understand but showcase others that they could but chose not to- flaunting. To understand terms and to remember them most importantly, only realise their theory and implication in practise and notice the ripple effect of a term when in place. For example, you don't need to learn everything about utility and use value, just understand what they mean- utility of a commodity in terms of its use.
The road to serfdom ? no works by Hayek ?
I was thinking the same thing
i hope ..i am at the right place to begin..thank buddy
you're welcome and you got this!
he hasnt read those boooks...i have capital and wealth of nations..and my spines are battered, there is just so much content that it takes ages to read and the book is trashed by the end of it.
Just call the 3 volumes of kapital 3 books, then keep smith and Keynes, go heterodox
Tried to read capital but it was hard because I learned that Marx wasn’t an actual economist, and I heard that Keynes’s theories lead to failure when it was tried?
Read books on Austrian economics
Yeah, Marx's views aren't taken seriously by any Modern economic stream.
Keynesian, neoclassical, Chicago school, welfare Economics, Austrians,etc
Literally no one takes Marxian analysis or surplus value seriously.
classical economics became neoclassical economics after marginal revolution.
Marginal revolution crushed the labour value of Theory upon which Marx argued that businesses are exploiting workers.
@@rabbit-ku1bn looks like they didn’t ostracize Marx enough. A bunch of his cultists are tearing up cities and had reworded the premise of communist manifesto into critical race theory
Marx was more of a philosopher than anything
@@gabbar51ngh >No economist takes Marx seriously
I guess this is because what Marx tried to do in Capital is not something which normal economists do, he tried to reveal the inner organisation of the capitalist mode of production in its ideal average. Far different from some economist who might try to explain why prices are a certain way or something like that.
"Marginal revolution crushed the labour value of Theory upon which Marx argued that businesses are exploiting workers."
How did it crush Marx's value theory?
Very good review... May Allah increase your Knowledge.. Love from Pakistan...
I hope Keynesian economics make a comeback
Dont Forget Thomas Multhus And David Ricardo
hii i am from India i am new to economics please suggest me books that help me to understand clearly about economy
Read “Basic Economics” by Thomas Sowell, “Capitalism and Freedom” by Milton Friedman, “The Wealth of Nations” by Adam Smith, “Economic Calculation in the Socialist Commonwealth” by Ludwig Von Mises, “The Use of Knowledge in Society” by F.A Hayek, and “A Critique if Interventionism” by Ludwig Von Mises,
@@external111 thanks for your suggestions 😍😍😊😊
Any thoughts on von Mises? (ive heard hes the equivalent to Art as "paint by numbers")?
Lecture on von mises is awesome, at least what I red, which was the analysis of socialism, great work, it's magnific
You've read Capitalist Realism?
@@rabbit-ku1bn Yes, it is more philosophy than economics in my understanding
Any particular order?? Any suggestions?
Each book basically takes a different economic perspective, so really it doesn’t matter. Wealth of Nations was first to be written so I’d personally start with that.
@@atcampbell123 yeah I agree. Read Smith and Keynes before Marx cuz Marx wrote some comments about their work in his Capital.
There is three volume in capital karl Max, which one do you recommend?
He only finished the first, the two others where put together by Engels going through Marx' notes.
Theres nothing emotional in Capital. If rational scientific logic touches a raw nerve...its not Marx's fault
You look a little bit like Luka Doncic
lmaoo
when is the part two coming ?
Can someone help me I want to start reading books about economics which should I buy ?
Economics in One lesson by Henry Hazlitt
Is Capital divided into three parts? I can't find a version that just put everything in one book.
that's cause its really fucking long. He only had volume one in the video
@@Osiris2134 No its a full version, but the fonts are small printed, thats why just one book. Otherwise all three volumes are in this book.
You should read Merrill Jenkins book "Money: the Greatest Hoax On Earth".
Wow i am a big fan 😊
Appreciate it!
hey its the tik tok guy
Human Action - Ludwig von Mises
Glad I found your vedio on RUclips, thanks buddy 😊
Good recommendations
How do you balance between free market and socialism in your thinking?
I wish I could just read a summarized version of Adam Smith. I don't need the superfluous writing style. Just give me the meat.
Good vid
thanks
Hello Can I translate your video in my native language! I want to present them the different books from different countries but most of them can't listen well to your language. I will give you a credit and I will make it for commercial use.
Also, I will support them to subcribe you.
Can I translate your book recommendation videos?
where i obtain this books.
Amazon
Library genesis 🙃
The Road To Serfdom- FA Hayek
Road to serfdom was a bit boring, I think Hayek is a good thinker and writer overall though
Слава україні!🇺🇦
hate capital
I know this sounds like a lot
what
Poor economics is best !!!
I’m flabbergasted 😮 that why didn’t you include “good economics for bad times by a Abhijit Banerjee” the Nobel prize winner and amazing economist
naman thour this came out before the book :)
Not bad times brother it's hard times.
VINAYAKAN SAJEEV thanks 🙏
VINAYAKAN SAJEEV yeah I knew ... I reckon 🤔 ... may be that time I didn’t think much while writing ✍️...anyway thanks
poor countries got a nobel prize so that they get investment if they so good in nobel what new concept they give to their subject
Book ko aise phekte 1st time dekha kisi ko
Economics professor Thomas Sowell debunked Thomas Picketty's book on the basis of it using wrong/fake data to build its arguments.
Thomas Sowell is not an economics professor. He left academia in the 70s. His work since then is focused on politics and public policy from a right-wing libertarian perspective. And Piketty’s data wasn’t fake; he used statistical methods to make estimates for which data isn’t available.
Recommending Marx and Keynes. That is, to be honest, a very bad choice.
Please handle books decently ... At least don't throw them like that in videos... It hurts me alot..
Hot hohol
Are you from Russia?
no - I'm ukrainian
WTF, None of these books are useful to modern economists, may except Piketty and Keynes. Bad list. Read Wooldridge introductory economics, Banerjee Duflo Poor Economics if you really wanna know what economists do
It’s about the basics dumbass. You are not going to jump into the deep end without learning how to swim. Idiot.
No Thomas Sowell...next.
He's good for introducing economics but he's not an essential read
I would remove Keynes
Drop Thomas Piketty and replace it with "Human Action" from Ludwig Von Mises
Mises is a hack and the Australian School is essentially a cult.
Or just read both instead of dogmatically following a single man
@@rabbit-ku1bn auto correct. Never noticed until now. I'll leave it just because lol
@@rabbit-ku1bn tfw it takes three months to realize your phone fucked you over