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Category: Economics

link to The Geometry of Wealth by Brian Portnoy [Book Summary]

The Geometry of Wealth by Brian Portnoy [Book Summary]

Formerly, things used to be much easier. As soon as you got a good job, you stuck with it until you retired. At that time, your employer was responsible for things, usually paying out a fixed-sum...

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link to The Wealth of Nations by Adam Smith [Book Summary]

The Wealth of Nations by Adam Smith [Book Summary]

Do you know what is "invisible hand" in economic theory? Are you aware of how a free market works? Mercantilism provides a useless accumulation of gold and silver and how does it do this? The...

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link to The Richest Man in Babylon by George S. Clason [Book Summary]

The Richest Man in Babylon by George S. Clason [Book Summary]

There was a wealthy man called Arkad in antique times in Babylon. Arkad was the wealthiest person in the country.  Two childhood friends of Arkad, who saw he as the richest man in the city,...

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link to The Hidden Wealth of Nations by Gabriel Zucman [Book Summary]

The Hidden Wealth of Nations by Gabriel Zucman [Book Summary]

Have you ever heard about tax havens? You most likely have. Lately, there’s been several scandals, which has to do with the wealthy and their unpleasant way of attempting to hide their money from...

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link to Adaptive Markets by Andrew W. Lo [Book Summary]

Adaptive Markets by Andrew W. Lo [Book Summary]

Even if you’ve haven’t invested any money in stocks or bonds before, your life is still affected by the market. If you were searching for work in the aftermath of the 2008 financial crisis, you...

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link to The Great Escape by Angus Deaton [Book Summary]

The Great Escape by Angus Deaton [Book Summary]

During the last years of the eighteenth century, when the life expectancy for men was just around 35 years, more than 400,000 people died in Europe as a result of smallpox, a disease that, currently,...

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