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>>25111914

>>25111914
Don't know if they are the best, but I think they are good:
Economics in One Lesson, Hazlitt
A Theory of Socialism and Capitalism, Hoppe

Basic Economics by Thomas Sowell will teach you everything you would learn in a introductory micro/macro econ class in a non-technical way. you just have to ignore the political parts of it.

>>25111948
>Thomas Sowell
https://youtu.be/vZjSXS2NdS0?si=pPxGFJjoMNCRbrLc

>>25111914
A basic econ textbook. They're all more or less the same, the differences between good and bad books only appear once you start being concerned with macro/micro and other subdisciplines separately.

I've never seen this before but it appears to be free because it's some kind of non profit
https://openstax.org/details/books/principles-economics-3e
I skimmed the TOC, looks good for an intro IMO.

>>25111939
>>25111948
This is like a guy saying he wants to learn the basics of climate related politics, and you're throwing Ted K and Zerzan at him. Let the newb understand the field before you give him obviously ideological takes, otherwise it's bad sport.

>>25111961
What is not ideological? So something like Paul Samuelson and norhaus? I don't agree they are as much ideological as anything else.

>>25111914
* The wealth of country is gained by its range of active profitable activities of services, of production of goods
* An activity is profitable if your costs by market value are lower than your revenue by market value
* Governments bad because in general they obfuscate this input-output calculation, and must appeal to some dumb "but the market couldn't do this better, only the public sector can offer proper housing, healthcare, education" rhetoric, they end up thereby sustaining activities where everything is confused whether or not they cost more than they offer (if they were judged by market value)
* The point of lending money / investing, is to provide people with good ideas with capital so that they can reach a profitable activity faster, and profits are what makes wealth. If you don't invest your money, and the people with ideas cannot execute, the economy is just slower. The point of lending is to increase velocity basically
This is what I believe, and there is nothing more complex than that in economical thought really.


Watch a free econ 101 and econ 102 class online, the basics of economics are utterly simple to grasp, be skeptical whenever they start speaking about government and policies.


That's all basically all I know about economics, I've read and listened to Bryan Caplan, and Thomas Sowell, but I don't know if they're good way to learn for people who are unconvinced about the subject. I think it's hard to make a book that is not heavily biased because the subject is stupidly trivial

If you just learn the basic of offer and demand, try to apply it to every activity, try to think how the government is bad or good for helping a market by yourself, youre pretty much done.

Beware, because most "conversations" about "economics" and policies are actually moral conversations: people claim helping the poor is the best, reducing suffering is the best, taking care of people who cannot help themselves and reduce their anxiety is the best, letting people choose their own life is the best; it's basically a playground for utilitarians and other strands to keep debating the the means to their end, so don't try engaging in those conversations centering on economics when what you really want to do is convert people to a more free mindset or a more interventionist mindset; economics cannot help find good truth between these two sides, it's only a tool

>>25111914
Federic Bastiat

>>25111914
Das Kapital

>>25111914
capital chapter 1-3
modern economics textbooks are just pure propaganda that peddle a bunch of lies about the 'free market'

>>25111914
anyways you should definitely read Adam Smith, an actual scientist who aimed at giving an objective explanation of capitalist production and then compare it to the utter drivel that is modern economics just to see how much the field has degenerated since the days of Smith and Ricardo

>>25112013
>Adam Smith
overrated his theory of value is deemed as most important idea in his book and it is wrong

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All you need

Everything else is bunk

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Listen to some 101 lectures online

https://youtube.com/watch?v=heBErnN3ZPk&list=PLUl4u3cNGP62EXoZ4B3_Ob7lRRwpGQxkb&index=1&pp=iAQB

>>25112016
It's very important historically

Everyone should read it at some point, but it's not ideal as a starting point

>>25111952
Free "economics textbooks" tend to be Rothbardian propaganda pieces

Just go to Anna's Archive op

>>25111914
Das Kapital

>>25111914
A macroeconomics textbook if you want to actually understand the field

>>25111914
Does this actually hold up as an introduction or is it considered unreliable or one-sided by today's standards?

>>25112068
Labour Theory of Value is totally debunked and is only taken seriously by stubborn Orthodox Marxists

Libertarians also seem to like Smith. I'm not sure why

>>25111972
This

>>25111914
This book destroyed entire civilizations

>>25111914
I've been tempted to read some of Adam Smith, not for the economic knowledge, but he was from that English Enlightenment period when they were kino writers.

>>25112036
If you pirate, my first textbook was Mankiw, Principles of Economics.

>>25112068
>>25112209
>>25111914
Smith also wrote the oft ignored theory of moral sentiments which qualifies that expressed in his wealth of nations in ways most intentionally or not ignore.

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is there actually a good book for thr layman that covers general economics and the various prevailing philosophies that isn't just communism good, free market bad or free market good, communism bad.

I'm a blood and soil Christian nationalist, I don't want to read Tom Sowell for obvious reasons.

>>25111970
>dumb "but the market couldn't do this better, only the public sector can offer proper housing, healthcare, education" rhetoric

What is actually dumb about this and why? Like, I live in a country that has publicly funded healthcare that works great and have no reason to believe that making it private would improve anything. In fact private healthcare is basically mocked here and the public system is close to universally loved. If you have a problem, being able to see a doctor for free means that that people just go whenever, as they don't have to pay. This helps immensely because it means people get shit checked out early all the time so shit doesn't snowball into worse problems for them and less is spent on healthcare overall because people are healthier. What does your theory say about that?

>>25111982
>>25112006
Based

>>25112068
It was considered perfect until Marx pushed it to its logical conclusion, then it had to be reevaluated

>>25111914
That book will literally filter 80-90% of economics professors.

I challenge you to challenge any you meet to have them explain Smith's theory of value.

Do not read it unless you are seriously big brained.

If you're a retard Ricardo or Marx are easier.

If you're literally an invertebrate diffuse ring of neurons slime eating sea cucumber read basic economics.

>>25112263
Basically this.

You are just going to listen to it as an audiobook anyway OP, just go with Marx. Marx is the standard “I’m a lazy retard who can’t into numbers, but I want to feel as though I have a complete explanation for everything.”

Marx is the CK III to Smiths VIC II

>>25112263
is thr invisible hand God or just like.. consumers acting in their own interest.. ima sea cuke

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>>25112292
Buddy...

Basic Economics or the Communist Manifesto. The choice is all yours.

>>25112236
Vance seems to like this book. I dunno, man....

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Economics is downstream from politics, and politics is downstream from religion. If you really want to understan economics, you would of course study religion. For instance, both capitalism and communism can be explained through two rival forms of Protestantism. Max Weber was already on point when he described capitalism as the Protestant work ethic, and basically just economized Calvinism, but few people know that Marxism and communism have the exact same religious roots. For instance, pic related is Melchior Hoffman, one of the main theologians of Anabaptism, but what few people know, is that he also laid most of the core foundations that Marx and Engels would further build upon

>>25112093
LTV literally has never been debunked. Jewish academic economists still to this day seethe at the LTV and just have to completely ignore it if they went to remain relevant amongst their jewish cabal

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People sleep on textbooks because that’s “boring school stuff” but most of the time they’re the best no nonsense way of learning anything. Principles of Economics by Harvard professor N. Gregory Mankiw is the gold standard and basically used in every Intro to Econ class from the US, to Germany to Japan.

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>>25111914
https://mises.org/library/book/economics-real-people

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>>25111914
This book proves how economically useless women are.

https://www.scribd.com/document/827376624/A-World-Without-Men-an-Analysis-of-an-All-Female-Economy-1

>>25112240
>He believes public healthcare is actually "free."
Opinion discarded.

>>25112396
When I first saw my paycheck go into taxes, my thoughts were basically "it's cool that this money is towards actually great public services" and I was glad to not have to deal with anything as stupid as employer based health insurance and shit that tries to nickle and dime you by denying coverage for profit, as opposed to having systems that exist to keep the citizens of your nation in good health and avoid issues that would make shit worse for everyone.

>>25112411
>actually great public services
Where the fuck do you live, paradise?

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>>25111914
This and Richard Werner's Princes of the Yen.

>>25112310
Does he? I thought it was very isolationist and worker forward, which seems the opposite of what Vance is about.

>>25112301
Well it's a verse from the Bible, and Smith was a Scottish Presbyterian Calvinist, but I've never read him, so I'm wondering how much his theology affected his economics. It's okay if you don't know.

>>25112411
There’s a debate to be had over public vs. private funding and/or administration of healthcare, however what is objectively wrong is to suggest that it can be free. The only free things you’ll ever get in your life is from your parents, everything else will have a hidden price tag elsewhere.

>>25112424
I know it's hard to imagine a government that is less corrupt than the one you have been raised in, but they exist

>>25112445
I live in a wealthy Western European country, our public services are mediocre at best.

Reminder that ancaps are just as delusionals as communists.

>>25112451
How many GoFundMes to prevent bankruptcy due to personal medical debt are started in your country in a given day

>>25112464
How many of those people were irresponsible and didn’t prioritize investing in health insurance?

The private healthcare system is rape because it deprives me of my consent.
If I have an accident and someone takes my unconscious body to a public hospital, I will be treated for free.
If I have an accident and someone takes my unconscious body to a private hospital, I will be left with a huge debt.

>>25112464
I'm not claiming that private healthcare is better, I took issue with you being happy with the state taking your hard earned money. If you look at how much money goes to pensioners, immigrants, the unemployed, corporations, tax cuts for the rich, countless ngos and pressure groups, subsidies for media organisations producing slop. While the roads are shit, education is worsening, need to wait weeks for a doctors visit, public transport barely works, courts don't have the resources to prosecute criminals, criminals are let out on the street because there is no more space in prison, and many other issues. And still they manage to have a massive budget deficit despite stealing a third of my annual salary.

Grandstanding against a third world country like the USA should not blind you to the problems of our own countries.

>>25112443
yep, Smith’s ivisible hand was rooted in Covenantal theology and has been almost entirely secularized by modern economists. do not expect smug anime posting retards to understand.

>>25112383
No you don't understand, I can't read the actual book that academics who go into the field read, I have to read a AI-generated opinion piece from CreateSpace instead, that's the real information

>>25111914
As you can see by this thread, these books on basic economics don't exists because this is like asking what is the best way to govern a country. If we agreed on it we wouldn't have 8 different parties. I guess the best way is to read some wikipedia pages, then read a few well known books for any interesting ideologies. Like the Road to Serfdom, or The General Theory of Employment, Interest and Money.

>>25112424
YEVROPA

>>25112464
>Healthcare is one of the most heavily regulated industries out there.
>Government regulation pushes up the price of services.
>"Gee, why is healthcare so expensive?"
>"Must be capitalism."

>>25112530
Healthcare in America is so expensive mostly due to the AMA, not the government. The AMA pushed so hard to create a shortage of medical providers than even the Economist said they're pretty shitty

Rothbard's The Case Against the Fed is obviously political with a specific goal in mind, but it begins with a simple primer on what money is and how it works that should be required reading for absolutely everyone.

>>25112542
You'll never guess who enforces the AMA's monopoly on medical providers.

>>25111914
This thread is a trainwreck.

Smith's book is excellent.
Mises' not nearly as much.
Cantillon's book is the best.

To learn how to invest read "Security Analysis", the 1940 edition, in full a couple of times, and watch Shkreli's course.

For business you are gonna have go through Michael Porter's trilogy.

There are also some very interesting books on business history such as "From the American system to mass production" and "Scale and Scope".

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>>25111939
When the first post is also the best one

>>25112547
Rothbard is indeed excellent for a beginner, his book "The mystery of banking" especially, since it is aimed at newcomers.

Also, his history of central banking is phenomal if you are into that sort of thing, but painful to read otherwise.

>>25112542
Who funds residency programs, little guy?

Can you two dorks take your boomer political arguments to DMs

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>be kid from Spain in the 2000s having finished high school and go to NYC on vacation for a few weeks before going to university
>go ice skating, fall and break my elbow like a dumbass
>last day of vacation, go to American private hospital, doctor says the fracture is complex and the best course of action is surgery to get it right, because it will heal wrong and eventually cause problems
>tell my parents that I fucked up and I’m going to need to stay a while longer to get this fixed
>my dad said not to listen to greedy neoliberal doctors that are lying and just want money from me, put my arm in a sling, go back to Spain and go to a public hospital
>go do that
>Public doctors laugh at greedy Amerifat doctors, “just put a cast on that shit, anon”
>I should’ve never doubted you Felipe González for giving us free healthcare
>years later, I have agonizing pain in my left arm that had broke in USA
>go to several doctors that can’t tell me why, finally private clinic tells me that my fracture never healed right, I need surgery to break it, set it right again, and then follow up on it
>do that
>it gets better but I have random pains still
>doctor says it was like 20 years in the wrong way, you’ll likely have some sort of pain for life
>turns out it was actually the greedy government that lied to me about not needing the surgery to save public money
>still angry about it
>burger was right

Why do people treat economy like it's a real science? It's literally just astrology but for the modern man lol

>>25112723
It follows the scientific method, you sound like you’re uncomfortable with it’s conclusions because it goes against your political beliefs.

>>25112723
Because the alterative is not understanding fiat money, coinage, inflation, and cumulative market manipulation.

>>25112510
Unironically that’s how people think, you can Google the reading lists of any subject that fancies you and form our own opinions and yet as a society we insist on our ideas be pre-chewed for us.

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>>25111939
Reagan-era deregulation allowed private interests to corner the market and manipulate it against the interest of the citizen and all in favor of the private interest class. Read Adam Smith:

"The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers. To widen the market may frequently be agreeable enough to the interest of the public; but to narrow the competition must always be against it, and can serve only to enable the dealers, by raising their profits above what they naturally would be, to levy, for their own benefit, an absurd tax upon the rest of their fellow-citizens. The proposal of any new law or regulation of commerce which comes from this order ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it."

"Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people."

"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

>>25112710
Fictional and homosexual. Americans are so pathetic.

>>25112383
This is more of an introductory book than a "principles". It's ideal for someone who never intends to seriously study the subjects presented therein.
Else, it'd be better to focus on each subject separately, such as accounting, business, and economy.

>>25112558
Just cut all the fluff and say the economy is always directed by the government, thus you should invest in whatever companies the government has already demonstrated that they will prop up. I believe it is Cantillon's effect that describes the power of being closer to the money printer, I.E., the government.

>>25112283
Marx goes on at length about numbers though, in Das Kapital he uses tons of actual examples to illustrate his point, complete with calculations. If you haven't read him, don't pretend you have.

>>25112068
It is still the most insightful book on the underpinnings of economics.

>>25112850
>Cantillon's effect that describes the power of being closer to the money printer
It's either the printer or wherever massive profits are being made, let's say the tech sector 20 years ago.

But the book has merit as a whole. His understanding of how exactly the economy works is very valuable.

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>>25111914
CAPITALISM IS THE BEST

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>>25111914
COMMUNISM IS THE WORST

>>25112850
>>25112869
Most money is not printed by the government. When people talk about "printing money" they're talking about quantitative easing, not literal dollar bills coming out of a machine. Quantitative easing is just the word for fractional reserve banking when it's done by the government. Any industry that relies on loans is money printer adjacent, which means obviously finance and insurance first, and real estate second.

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Adam Smith shat on labor faggots, essentially calling labor a worthless commodity. The exact opposite of Marx

>>25113381
you are retarded and haven't read him

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>>25113417
I’ve read Wealth of Nations and The Communist Manifesto. You can’t even begin a sentence with a capital letter.

>>25113436
no you haven't. the communist manifesto is a pamphlet and only explains marx's ideas in their simplest form. clearly this is a necessity for you, since you have allegedly read the wealth of nations and retained nothing useful from it. your post is just fanfiction of smith's idea of the ltv at best. i'd tell you to kill yourself but you won't read that either

>>25113445
Anon, you need to remember that "read" is a fluid term on /lit/. He probably watched a couple of tiktockers do select readings from it.

There's no point in wasting your Friday night arguing with mentalretard-kun. Anyone who falls for that sort of thing was never going to read Smith anyway. Even if he is a Marxist, a real Marxist will have read smith (the Marxist archive has hundreds of articles about him alone) and he would be talking about all the times Smith dabs on landlords.

He's just an idiot. Let it be.

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>>25112030
trvke nuke.
gonna start an mmt thread sunday

>>25112849
OP said he was a beginner, it’s the best place to start since it isn’t political unlike many other recommendations on this thread.

I feel like Basic Economics is a go to for a beginner. Might be a little biased because the author is a self-proclaimed liberal. Otherwise, old head Frederic Bastiat is also pretty good if you want to strengthen your libs convictions and enjoy your read. There are no equations, complex theories, only facts, a few principles, and a beautiful writing. I highly recommend "Economics Sophisms", one of his best work imo.

>>25111914
Its alright. Don't forget to study maths.

>>25112383
Textbooks are egregiously verbose and the prose are almost always awful. I'm not expecting Shakespeare but most feel like reading a microwave manual. Generally, the first quarter of book contains decent knowledge but then, suddenly, they start expounding upon knowledge that is so wildly esoteric that it's impractical.

Anyone with a college degree knows the textbook scam racket.

>>25112470
HEALTHCARE IS NOT "PRIVATE" OR FREE IN THE USA, that is such a meme, if you regulate out a 1000 ways to do capitalism and leaving only the crooked, high-barrier to entry, mafia style system, then it is as if you ran the business as government as a monopoly. Regulation and spending tickets lead to socialism, just in a less direct way.

>>25111914
I recommend the "Encyclopedia of American Economic History". It's a selection of 30 or so papers centered around various aspects of the economy.

>>25113756
Have you read it or are you talking out of your ass?

>>25111914
Rothbard's Man, Economy, and State. It began life as a textbook and builds from the ground up, one concept at a time, it is perfect.

>>25114125
I was speaking generally not specifically

>>25112383
this is a $300 book, that's why people "sleep on textbooks"

>>25111982
lol no

>>25112240
>being able to see a doctor for free
The fact that you think it's "for free" betrays your laughable naivety.
The national healthcare system in my country is a broken, inefficient money pit.

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>>25113436
>You can’t even begin a sentence with a capital letter.
Fucking rekt.

>>25111914
I posted this a million times already. Holy shit if you really want to learn Economics, the very first thing you do is GET A FUCKING JOB

>>25116425
>implying economics is a job
Tell me, who is hiring economists?

>>25116451
This is why you're a dumbass that doesn't understand economics.
Economics = Study of choices. What do we do with the money that's given to us? Get a job, get some money and you now are part of the economic system you want to study. You learn through experience. How does a tax break change your choices, how does a raise change your choices, how does getting fired change your choices, how does another company affect you, how does you spending another 10 bucks to have your dog lick the peanut butter off your nuts change the choices you need to make later?

All that shit is economics retard. Learn that first before you even bother trying to study the academics of it.

Adam Smith is literally writing about JOBS when he wrote his book.

>>25116167
It's free if you pirate it.

>>25111982
Das right

>>25113942
This is just "it wasn't real capitalism". Any market system is going to require a legal framework, which is regulations. To then claim that regulations favor certain capitalists who will acquire disproportionate returns on their capital and consequently more power and then use that power to influence the regulations to then benefit themselves more is just baby's first economic realization.

>>25116167
This lil nigga's been buying books

Imagine

>>25116425
>He thinks economics and finance are the same.
Why should I take advice from someone who clearly failed econ 101?

>>25116167
They usually help with my back problems

>>25118601
>Any market system is going to require a legal framework, which is regulations.
Natural law, which is the only non-contradictory way of resolving conflicts over scarce means, is vastly different from the arbitrary dictates of bureaucrats over how other people must use their property, which is what regulations actually are.

>>25118693
So might makes right? That inevitably leads to warlords, cartels, or mafia establishments. Are you claiming they are the ultimate expressions of capitalism?

>>25118657
Eyyy