Ask HN: What are your recommended reads that are available for free?

Re:Ask HN: What are your recommended reads that are availabl... by mindcrime on Wednesday May 27, 2015 @04:24PM (#9614067)

but they don't believe in several aspects which are typical in mainstream economic branches, such as using statistical modeling and mathematics to draw conclusions about economic status or action

To be fair, that doesn't mean they are wrong. Certainly we've seen plenty of cases where people built incredibly complex, elegant and expressive models of economic systems, which turned out to be completely broken.

That said, I know of at least some Austrian economists who think the Austrian school should make some effort to better ground their ideas with mathematical formulations, but I haven't followed things closely enough to know if much, or any, work has actually been done in that regard.

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Re:Ask HN: What are your recommended reads that are availabl... by anthony_romeo on Wednesday May 27, 2015 @04:31PM (#9614109)

Oh, I completely agree. It's important to be critical. This is why there are several branches of economics. It's just that if someone unfamiliar with the field wanted to know about economics in general, I wouldn't have them first read Das Kapital or start by showing them papers from the Heritage Foundation or CATO. This sort of reading comes later. Build a foundation first before building a house.

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Re:Ask HN: What are your recommended reads that are availabl... by LusoTycoon on Friday May 29, 2015 @04:03PM (#9626927)

Isn't that what the Chicago School of Economics does?

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