Category Archives: Book Reviews

SuperFreakonomics – A Book Review

At first we were not going to read and review Superfreakonomics. Since we had already written a review on Freakonomics and we knew this follow up book was in the same vein, we didn’t think there would be much to add. What changed our mind was the overwhelming response to their chapter on climate change. [...]

What Europe has NOT done wrong

As a follow up to our last article, it seems this idea of the evil foreigners is in vogue, and will probably stay that way until the economy recovers. It is just unfortunate when one encounters literature of a seemingly intellectual status regurgitating the same lopsided information. Reflections on the Revolution In Europe: Immigration, Islam, [...]

Nudge – A Brief Review

Nudge is a thought-provoking new book by Richard Thaler and Cass Sunstein. Being a fan of Thaler’s we kept reading past the point where they introduce the name for their new concept: Libertarian Paternalism, despite growing apprehension. It turned out to be worth it. Libertarian Paternalism remains somewhat true to both terms, at least as [...]

We are what we Read

Gloss at any Economics or Business best-seller list these days, and you will see a sign of the times. While the year 2000 brought us The Millionaire Mind, by Thomas J. Stanley, The Millionaire Next Door, by William Danko and Thomas Stanley (Stanley kept busy) and Jack, by Jack Welch, 2006 brought us Why We [...]

The Wisdom of Crowds

This book is as good a primer as any to the Dumb Agent Theory, so it is with great pleasure that I write a review of it on this site: The Wisdom of Crowds By James Surowiecki Anchor Books, 2005. 306 pp., $10.17 The message of this book, in a nutshell, is that groups are [...]