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7858
@7858.eth
Day three: Basic Economics Ok, banger. I read this on the strength of its appearance at the top of https://danromero.org/books/ and I loved it. Its North Star is “Economics is the study of the use of scarce resources which have alternative uses.” Even the genuinely basic parts felt refreshing and instructive. But the application of the fundamental principles to real life cases like rent control had me going “yeah… yeah!” It’s strongly pro-market, and part of why I liked it is that it deftly confirmed my priors. But I think even a flag waving socialist would have to concede that it’s well crafted (even if they believe that it’s ultimately misguided). I gave copies as gifts last year to friends and family. I’d recommend it over Wealth of Nations by a mile (reading Adam Smith didn’t change my life lol). 5 stars, strong recommendation
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big tone 🎩🧾
@bigtone.eth
sowell rocks
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Sayonara
@sayo
Fuck Adam Smith, this is how it works
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