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“One of the Great Rules of Economics According to John Green
If you are rich, you have to be an idiot not to stay rich. And if you are poor, you have to be really smart to get rich.”
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If you are rich, you have to be an idiot not to stay rich. And if you are poor, you have to be really smart to get rich.”
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“If you hear a "prominent" economist using the word 'equilibrium,' or 'normal distribution,' do not argue with him; just ignore him, or try to put a rat down his shirt.”
― The Black Swan: The Impact of the Highly Improbable
― The Black Swan: The Impact of the Highly Improbable
“Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive. ”
― The Affluent Society
― The Affluent Society
“Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a thousandfold by a factor that is insignificant in, say, physics, mathematics or medicine - the special pleading of selfish interests.”
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“It is true that the virtues which are less esteemed and practiced now--independence, self-reliance, and the willingness to bear risks, the readiness to back one's own conviction against a majority, and the willingness to voluntary cooperation with one's neighbors--are essentially those on which an individualist society rests. Collectivism has nothing to put in their place, and in so far as it already has destroyed then it has left a void filled by nothing but the demand for obedience and the compulsion of the individual to what is collectively decided to be good.”
― The Road to Serfdom
― The Road to Serfdom
Jacob A. Geller’s 2025 Year in Books
Take a look at Jacob A. Geller’s Year in Books, including some fun facts about their reading.
1,686 books
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191 friends
1,306 books
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55 friends
1,714 books
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139 friends
301 books
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283 friends
798 books
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178 friends
871 books
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110 friends
239 books
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75 friends
275 books
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254 friends
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