I absolutely loved this book. I found it made me think about things in ways I had not before.
I liked the first of the 2050 questions of “How many minutes of work will a loaf of bread cost?” made me think that currently it takes 2.4 minutes (white bread) to 6 minutes (for a nice loaf). Wow I can’t even eat it that fast, let alone a whole loaf would make me sick.
I’ll quote his closing paragraph because I liked it so much:
The remarkable thing about economics is that once you’ve been exposed to the big ideas, they begin to show up everywhere. The sad irony of Encon 101 is that students too often suffer through dull, esoteric lectures while economics is going on all around them. Economics offers insight into wealth, poverty, gender relations, the environment, discriminations, politics — just to name a few of the things we’ve touched upon. How could that possible not be interesting?
I returned this book to my mother-in-law, as it was not really interesting. The major premise was that under-earners sabotage their income, and are in perpetual debt. I can associate with the first point a little, but the second is not me.
Ether way, the book didn’t fit, and I didn’t find it intriguing enough.
I had to return this book to the library before I had completed it. This sort of indicates it did not grip me enough to complete it on time, but it was more that I didn’t start reading it until two nights before it was due back. I found it to be interesting and it had some interesting background of the forming of the New Zealand stock market. There was a ~101 tips which I didn’t get up to. I might get it out again to finish it.
I finished reading this book last week. It is Australian based, covering the basics of reading balance and profit/lose type reports found in prospectuses. It covers industrial and mining, and a little bit of tech.
I finished reading this book last weekend, I really enjoyed the story. It makes me want to learn more about the derivative markets, how options are priced and the modelling used to evaluate the effects of change.