Saturday, May 03, 2008


With proposals such as the Clinton- and McCain-sponsored gas tax cut on the table and trade agreements like NAFTA up for debate, it would be nice if voters had enough of an understanding of economics to reach an informed opinion of their own. Unfortunately, you could graduate from an Ivy League school these days and still not have a clue about the fundamental economic principles at work in modern society.

So I'd like to propose a basic reading list.

  • Wheelan: Naked Economics

  • Hazlett: Economics in One Lesson

  • Heilbroner: The Worldly Philosophers

  • Hayek: The Road to Serfdom

Wheelan's book in itself will demystify much of economics and is an easy read.