What joy I had in my first university exam. It was the subject of economics and among other questions I remember that we were asked to give a dissertation about Helmut Kohl's macroeconomic interventions in Germany (I'm sure the question was much more of a focus, but that's what I remember).
My first A came thanks to the literature with which I adorned that response regarding the decisions and plans put in place by cabbage. A firm command in which the prolific president established that Germany between the 80s and 90s; and a country that since then and still today, it is said at an economic level that when it sneezes all of Europe catches a cold.
But of course, the economy has changed a lot in recent decades and currently the states seem more subject to the markets in a pulse that has never been explained but is understood. When not, in addition, the entry of another parallel economy marked by digital worlds and their bitcoins or by the most brutal speculation that makes pyramid systems the essence of everything.
Because in the absence of resources on which to grow indefinitely in the macroeconomic fiction of our days, the human being continues to invent new formulas between economic and social engineering and complete fantasy. Today economics is more than science gambling. And knowing what is coming our way could invite us to return to mattresses as more appropriate places to safeguard money ... Good books are never bad to know what all this is about in the current economy through works with which to lay the foundations of what economic as the stem of the current States and, what is more important, out of your pocket ...
Top 3 recommended books on economics
The Wealth of Nations
Starting at the beginning around modern economics, one does not know whether to focus on Adam Smith or on Karl Marx. But given the evolution of our world it can be concluded that the invisible hand of Adam Smith, slapping the face with the wildest liberalism, won the game over Marx. So it is time to say goodbye to the good intentions of theoretical communism to learn how to play Russian roulette ...
Because it is true that we find a certain apparent goodness in this book that inaugurates the current economy, due to its impact on social well-being. But taking as references societies where nothing is sought by the individual once he is separated by machinery, the matter sounds like a fat man's scam. Hence the next paragraph of the work sounds like a toast to the sun. Still, this is an essential book to look back at the birth of the great trick of economics:
The idea that wealth comes from work (and not from gold or silver), being capable of increasing with an adequate regulation of the functioning of the market; the notion of competition as a limiting mechanism of the thirst for benefits and promoter of the common good, and the desire for a strong state, although not great, that guarantees freedom, property and the functioning of the "invisible hand" that harmonizes the The interests of the individual and of the community are, in fact, his enduring contribution to the world that was to develop in the following centuries.
Basic economics: An economics manual written from common sense
If you find Adam Smith infumable or hateful pedantry, yours is a book like this to understand the principles and premises from which the game begins (although it is already known that the game is done, cheated). It never hurts to know the distance between the macroeconomic and the microeconomic to place yourself on the board in the best possible squares, which has been the family economy ...
Basic Economics is an economics manual for those who want to understand how the economy works, but who have no interest in learning to develop mathematical formulas or complicated equations. In its pages, the economist Thomas Sowell reveals the general principles on which any type of economic policy is based, whether capitalist, socialist or feudal.
With an entertaining and easy-to-read style, it allows any type of reader, regardless of their academic background or degree of knowledge of economics, to understand how economics works. In this new, updated and expanded version, the author delves into hot topics ranging from collective bargaining to the impacts on the real economy of equity markets.
Capital
Okay, if you've gotten this far, you still have hope in the human condition and you think Marx had his point. In such a case we can hope that the birth of knowledge about the functioning of things could at some point reawaken that consciousness of an atavistic class. A class consciousness today dormant, institutionalized, diverted from its horizon both by the most liberal politics and by postcard progressivism that focuses more on false ideals than on the reality of things.
Capital, an unavoidable work to understand capitalism, its history and its categories, is undoubtedly one of the milestones in the history of thought. With this essential work, Marx not only revolutionized the way of conceiving economics, philosophy, history or politics, but also described a new perspective from which to analyze society that, to this day, has not been overcome. New presentation of this classic in a slipcase, the work is presented in three books, as they were originally conceived. An edition that integrates Pedro's critical apparatus was published on each page.
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