In 2016, I read a lot of books. I would recommend one above all the others though, to a general audience. Economix, written by Michael Goodwin and illustrated by Dan E. Burr, is the most generally useful book for understanding our world I read all year. It focuses on factual economics, or how economic theories interact with actual reality, instead of the fantasy land of much basic economic writing.
Factual economics is my own coined term, not Goodwin’s, so I’ll give it a quick explanation. To explore the differences between factual economics and economics as it is usually presented, let’s start by talking about Spaceballs1No one has ever said this before, ever..
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|1.||↑||No one has ever said this before, ever.|