Book Recommendation: How an Economy Grows and Why it Crashes

I’ll be the first to admit that money and economics is not one of my strong points and it’s not even close to one of my favorite topics…but that doesn’t mean that I don’t respect the power of money, or that I don’t want to understand the real powers behind what drives our economy (and how I can use it to improve my own world).

So ocassionally I bite the bullet and force myself to read something on the topic…yesterday was one of those days and I downloaded an audible copy of How an Economy Grows and Why it Crashes.

I expected it to be pretty dry and likely not very useful, but I figured it was short and just might have a little nugget or two in it that I hadn’t thought about or been exposed to before…so I had very low expectations going in, but my reaction after just getting a few minutes in:

Wow.

I couldn’t stop listening and in fact have already finished it!

Sure it oversimplifies and dramatizes a lot of things, but it *still* does a great job of explaining fairly complex economic topics in a very fun and engaging way…and best of all, it really makes you think.

It’s the type of book that everyone really should read (even if you have no interest in economics)…and it’s certainly going to be one that I have my kids read as they get to the stage where money becomes important to them.

Note: For a somewhat related, and heated, conversation check out Fred Wilson’s post and the massive comment action today around the limits of capitalism – Funny how the serendipity of some of these things (me randomly listening to this book yesterday, him posting on this topic today) come together.

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This is the personal blog of Kevin Marshall (a.k.a Falicon) where he often digs into side projects he's working on for digdownlabs.com and other random thoughts he's got on his mind.

Kevin has a day job as CTO of Veritonic and is spending nights & weekends hacking on Share Game Tape. You can also check out some of his open source code on GitHub or connect with him on Twitter @falicon or via email at kevin at falicon.com.

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