Adam Smith Blog

Marginalia

Behavioural economics books to enjoy

Marginalia
Congratulations to Richard Thaler, who has been awarded the Nobel memorial prize in economics “for his contributions to behavioural economics”. Thaler is a worthy winner. In addition to his academic contributions, alongside the likes of Daniel Kahneman and Robert Shiller, he has been the leading evangelist in the profession for behavioural realism in economics. Thaler’s […]

Books about how to see into the future

Marginalia
(One prediction I’m willing to make is that the US paperback edition of Messy is out on Wednesday. Buy buy buy! More about the book here.)   Walter Friedman has a fascinating history of economic forecasting in the early 20th century: Fortune Tellers (UK) (US). Well researched, full of interesting detail, and some of these […]