Wednesday, April 25, 2012

Good short reads

I read way, way, way too many economics articles, but I am always looking for a prompt to help make the best decisions possible. (Economics isn't the study of money per se, but rather an explanation of decision making.)

What follows are a collection of mainstream articles by economists that really caught my eye this month.

First up: great tips from an economist on how to find great food when dining out. Tyler Cowen presents 6 ways that thinking like an economist will result in a better meal and a better deal.

Next: 25 great quotes from Thomas Sowell. A brilliant economist, Sowell is most known for making economics accessible and for challenging on economic grounds racial and political orthodoxy.

Then: Cowen on how America is changing and what it will mean for the next generation. If you read one economics article this month, read this one. His analysis is fundamentally econometric, but the real highlight are the distilled implications and strong, direct conclusions.

Finally, here's a cool graphic that sums up the case against the TSA:

TSA Waste
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With my new friends on the Great Wall of China

With my new friends on the Great Wall of China
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World sun clock

Uncommon Man's Creed

"I do not choose to be a common man. It is my right to be uncommon -- if I can. I seek opportunity -- not security. I do not wish to be a kept citizen, humbled and dulled by having the state look after me. I wish to take the calculated risk; to dream and to build, to fail and to succeed. I refuse to barter incentive for a dole, I prefer the challenges of life to the guaranteed existence; the thrill of fulfillment to the stale calm of utopia. I will not trade freedom for beneficence, nor my dignity for a handout. I will never cower before any master, nor bend to any threat. It is my heritage to stand erect, proud, and unafraid, to think and act for myself, to enjoy the benefit of my creations, and to face the world boldly and say, "this I have done." All this is what it means to be an American." -- Anonymous