🕵️ Adverse Selection

An exploration of the economic phenomenon where information asymmetry distorts markets, from insurance to hiring, with consequences both subtle and profound.

Skin in the Game

by Nassim Nicholas Taleb • 2018

Your opinion only counts if you have something to lose. Without that, expertise is theater.

3.91

32k+

🎲 Asymmetric Risk ⚖️ Incentive Alignment 🛡️ Risk Management 🗳️ Minority Influence 🔨 Practitioner Knowledge

Skin in the Game 88%

Your opinion only counts if you have something to lose. Without that, expertise is theater.

by Nassim Nicholas Taleb 2018

3.91

32k+ ratings

🎲 Asymmetric Risk ⚖️ Incentive Alignment 🛡️ Risk Management 🗳️ Minority Influence 🔨 Practitioner Knowledge

When to Rob a Bank

by Steven D. Levitt • 2015

Why sumo wrestlers cheat, why pools are more dangerous than guns, and what economics reveals.

3.53

15k+

💡 Behavioral Economics 🎯 Incentive Design 🌊 Unintended Consequences 🤥 Dishonesty 👥 Social Norms

When to Rob a Bank 88%

Why sumo wrestlers cheat, why pools are more dangerous than guns, and what economics reveals.

by Steven D. Levitt 2015

3.53

15k+ ratings

💡 Behavioral Economics 🎯 Incentive Design 🌊 Unintended Consequences 🤥 Dishonesty 👥 Social Norms

How Markets Fail

by John Cassidy • 2009

The 2008 crash was the logical endpoint of an ideology that insists markets self-correct.

4.06

3k+

💥 Financial Crises ⚠️ Market Failures 🧠 Behavioral Economics 🔗 Systemic Risk 📉 Financial Deregulation

How Markets Fail 88%

The 2008 crash was the logical endpoint of an ideology that insists markets self-correct.

by John Cassidy 2009

4.06

3k+ ratings

💥 Financial Crises ⚠️ Market Failures 🧠 Behavioral Economics 🔗 Systemic Risk 📉 Financial Deregulation

Phishing for Phools

by George A. Akerlof • 2015

Your blind spots are a business model. Free markets reward deception as reliably as innovation.

3.43

2k+

🧠 Behavioral Economics 🔧 Market Failures 🎯 Consumer Manipulation ⚡ Cognitive Biases 🏛️ Regulatory Capture

Phishing for Phools 88%

Your blind spots are a business model. Free markets reward deception as reliably as innovation.

by George A. Akerlof 2015

3.43

2k+ ratings

🧠 Behavioral Economics 🔧 Market Failures 🎯 Consumer Manipulation ⚡ Cognitive Biases 🏛️ Regulatory Capture

The Laws of Trading

by Agustin Lebron • 2019

The rules that keep traders alive are the same rules that govern every decision you make.

4.03

426

🧠 Trading Psychology 🛡️ Risk Management 💡 Behavioral Economics 🏗️ Model Building 📡 Information Asymmetry

The Laws of Trading 88%

The rules that keep traders alive are the same rules that govern every decision you make.

by Agustin Lebron 2019

4.03

426 ratings

🧠 Trading Psychology 🛡️ Risk Management 💡 Behavioral Economics 🏗️ Model Building 📡 Information Asymmetry

Freakonomics Rev Ed

by Steven D. Levitt • 2005

Data, not experts, explains why crime fell, why teachers cheat, and why agents undersell your house.

4.01

902k+

🍿 Pop Economics 🧠 Behavioral Economics 🎯 Incentive Design 📊 Data Journalism 🔍 Information Asymmetry

Freakonomics Rev Ed 87%

Data, not experts, explains why crime fell, why teachers cheat, and why agents undersell your house.

by Steven D. Levitt 2005

4.01

902k+ ratings

🍿 Pop Economics 🧠 Behavioral Economics 🎯 Incentive Design 📊 Data Journalism 🔍 Information Asymmetry

A Failure of Capitalism

by Richard A. Posner • 2009

The 2008 crash wasn't a panic; it was a depression built by rational bankers and blind regulators.

3.71

352

📉 Financial Crises 🫧 Asset Bubbles 🗂️ Deregulation 🏦 Too Big To Fail 🕸️ Systemic Risk

A Failure of Capitalism 87%

The 2008 crash wasn't a panic; it was a depression built by rational bankers and blind regulators.

by Richard A. Posner 2009

3.71

352 ratings

📉 Financial Crises 🫧 Asset Bubbles 🗂️ Deregulation 🏦 Too Big To Fail 🕸️ Systemic Risk

Swimming With Sharks

by Joris Luyendijk • 2015

Inside London's financial tribe: how it nearly collapsed the world economy, and why it still could.

3.84

7k+

🏦 Investment Banking 💥 Financial Crisis ⚠️ Systemic Risk 🎯 Perverse Incentives 🔍 Workplace Ethnography

Swimming With Sharks 87%

Inside London's financial tribe: how it nearly collapsed the world economy, and why it still could.

by Joris Luyendijk 2015

3.84

7k+ ratings

🏦 Investment Banking 💥 Financial Crisis ⚠️ Systemic Risk 🎯 Perverse Incentives 🔍 Workplace Ethnography

Delay, Deny, Defend

by Jay M. Feinman • 2010

McKinsey taught insurers to see claims not as promises to keep but as costs to cut.

4.03

805

🛡️ Insurance Industry 📢 Consumer Advocacy ⚖️ Corporate Accountability 🏛️ Regulatory Capture 💔 Institutional Betrayal

Delay, Deny, Defend 87%

McKinsey taught insurers to see claims not as promises to keep but as costs to cut.

by Jay M. Feinman 2010

4.03

805 ratings

🛡️ Insurance Industry 📢 Consumer Advocacy ⚖️ Corporate Accountability 🏛️ Regulatory Capture 💔 Institutional Betrayal

The Bankers' New Clothes

by Anat Admati • 2013

The simple fix for the next financial crisis: make banks use 20% equity, not 2%.

3.83

776

🏦 Banking Regulation 🐍 Regulatory Capture 🏛️ Too Big To Fail ⚠️ Moral Hazard 📉 Leverage

The Bankers' New Clothes 87%

The simple fix for the next financial crisis: make banks use 20% equity, not 2%.

by Anat Admati 2013

3.83

776 ratings

🏦 Banking Regulation 🐍 Regulatory Capture 🏛️ Too Big To Fail ⚠️ Moral Hazard 📉 Leverage

The Alchemy of Finance

by George Soros • 1987

Markets are never in equilibrium. Perception and reality interact, driving booms and busts.

3.75

5k+

💥 Financial Crises 🏛️ Central Banking 🧠 Behavioral Economics 📉 Market Inefficiency 🔬 Philosophy Of Science

The Alchemy of Finance 87%

Markets are never in equilibrium. Perception and reality interact, driving booms and busts.

by George Soros 1987

3.75

5k+ ratings

💥 Financial Crises 🏛️ Central Banking 🧠 Behavioral Economics 📉 Market Inefficiency 🔬 Philosophy Of Science

The Top Ten Myths of American Health Care

by Sally C. Pipes • 2008

The 46 million uninsured is a mirage; government is the real problem.

3.54

🏥 Healthcare Policy 📉 Free-Market Economics 🇨🇦 Single-Payer Critique 💊 Pharmaceutical Industry 🏛️ Government Failure

The Top Ten Myths of American Health Care Summary

The Top Ten Myths of American Health Care 87%

The 46 million uninsured is a mirage; government is the real problem.

by Sally C. Pipes 2008

3.54

24 ratings

🏥 Healthcare Policy 📉 Free-Market Economics 🇨🇦 Single-Payer Critique 💊 Pharmaceutical Industry 🏛️ Government Failure

Ergodicity

by Luca Dellanna • 2020

Why a bet that works for a hundred people destroys the one who repeats it.

4.05

314

🛡️ Risk Management 🧠 Decision Theory 🔬 Behavioral Economics 🎲 Probability Thinking ⏳ Long-Term Thinking

Ergodicity 87%

Why a bet that works for a hundred people destroys the one who repeats it.

by Luca Dellanna 2020

4.05

314 ratings

🛡️ Risk Management 🧠 Decision Theory 🔬 Behavioral Economics 🎲 Probability Thinking ⏳ Long-Term Thinking

Too Big to Fail

by Gary H. Stern • 2004

Policymakers always blink when big banks teeter. The fix borrows from how Volcker broke inflation.

3.60

🏦 Banking Regulation 📉 Financial Crises ⚠️ Moral Hazard 🔗 Systemic Risk 💰 Bank Bailouts

Too Big to Fail 87%

Policymakers always blink when big banks teeter. The fix borrows from how Volcker broke inflation.

by Gary H. Stern 2004

3.60

25 ratings

🏦 Banking Regulation 📉 Financial Crises ⚠️ Moral Hazard 🔗 Systemic Risk 💰 Bank Bailouts

Incerto 4-Book Bundle

by Nassim Nicholas Taleb • 2011

Some things get stronger from disorder. Most of what we build gets this backward.

4.57

497

🔒 Tail Risk 🔗 Complex Systems 🔮 Prediction Limits 🎯 Incentive Alignment ⚔️ Modern Stoicism

Incerto 4-Book Bundle 87%

Some things get stronger from disorder. Most of what we build gets this backward.

by Nassim Nicholas Taleb 2011

4.57

497 ratings

🔒 Tail Risk 🔗 Complex Systems 🔮 Prediction Limits 🎯 Incentive Alignment ⚔️ Modern Stoicism

Easy Money

by Vivek Kaul • 2015

A Ponzi scheme built on bad loans and fake ratings: how the 2008 crash really happened.

4.40

107

📉 Financial Crises 🏚️ Subprime Mortgage Crisis 🔗 Systemic Risk 🎲 Moral Hazard ⚖️ Financial Regulation

Easy Money 87%

A Ponzi scheme built on bad loans and fake ratings: how the 2008 crash really happened.

by Vivek Kaul 2015

4.40

107 ratings

📉 Financial Crises 🏚️ Subprime Mortgage Crisis 🔗 Systemic Risk 🎲 Moral Hazard ⚖️ Financial Regulation

The Tyranny of Metrics

by Jerry Z. Muller • 2017

The pursuit of measurable accountability is corrupting exactly the institutions it claims to fix.

3.69

2k+

📉 Performance Metrics 🔄 Perverse Incentives 🎮 Gaming Metrics ⏳ Short-Termism 🏛️ Institutional Dysfunction

The Tyranny of Metrics 87%

The pursuit of measurable accountability is corrupting exactly the institutions it claims to fix.

by Jerry Z. Muller 2017

3.69

2k+ ratings

📉 Performance Metrics 🔄 Perverse Incentives 🎮 Gaming Metrics ⏳ Short-Termism 🏛️ Institutional Dysfunction

Manias, Panics, and Crashes

by Charles P. Kindleberger • 1978

Credit expands, speculation takes over, fraud blooms, then the crash. Four centuries, one pattern.

3.93

4k+

📉 Financial Crises 🫧 Bubble Economics 🧠 Market Psychology 💳 Credit Cycles 🌐 Financial Contagion

Manias, Panics, and Crashes 87%

Credit expands, speculation takes over, fraud blooms, then the crash. Four centuries, one pattern.

by Charles P. Kindleberger 1978

3.93

4k+ ratings

📉 Financial Crises 🫧 Bubble Economics 🧠 Market Psychology 💳 Credit Cycles 🌐 Financial Contagion

The Black Swan

by Nassim Nicholas Taleb • 2007

The bell curve is a map that fails exactly where the terrain gets dangerous.

3.96

123k+

🛡️ Risk Management 🎲 Tail Risk 🧠 Cognitive Biases 📊 Behavioral Economics 🔬 Scientific Skepticism

The Black Swan 87%

The bell curve is a map that fails exactly where the terrain gets dangerous.

by Nassim Nicholas Taleb 2007

3.96

123k+ ratings

🛡️ Risk Management 🎲 Tail Risk 🧠 Cognitive Biases 📊 Behavioral Economics 🔬 Scientific Skepticism

Freedomnomics

by John R. Lott Jr. • 2007

Abortion didn't cut crime. The incentive story that flips campaign finance, gun control, and more.

3.55

573

💰 Free Market Economics ⚖️ Law And Economics 🏛️ Public Choice Theory 🔄 Unintended Consequences 🌟 Reputation Economics

Freedomnomics 87%

Abortion didn't cut crime. The incentive story that flips campaign finance, gun control, and more.

by John R. Lott Jr. 2007

3.55

573 ratings

💰 Free Market Economics ⚖️ Law And Economics 🏛️ Public Choice Theory 🔄 Unintended Consequences 🌟 Reputation Economics

Fooled by Randomness

by Nassim Nicholas Taleb • 2001

Ten thousand coin-flippers produce three hundred geniuses. The biographies write themselves.

4.08

72k+

📈 Financial Markets 🔬 Behavioral Economics 🧠 Cognitive Biases 🎲 Risk Management 🔍 Decision Quality

Fooled by Randomness 87%

Ten thousand coin-flippers produce three hundred geniuses. The biographies write themselves.

by Nassim Nicholas Taleb 2001

4.08

72k+ ratings

📈 Financial Markets 🔬 Behavioral Economics 🧠 Cognitive Biases 🎲 Risk Management 🔍 Decision Quality

Broke, USA

by Gary Rivlin • 2010

How pawnshops and payday lenders turned the working poor into a multi-billion dollar market.

3.71

1k+

🦈 Predatory Lending 🏚️ Poverty Economics 🚪 Financial Exclusion 🏠 Subprime Crisis 🔄 Debt Cycles

Broke, USA 87%

How pawnshops and payday lenders turned the working poor into a multi-billion dollar market.

by Gary Rivlin 2010

3.71

1k+ ratings

🦈 Predatory Lending 🏚️ Poverty Economics 🚪 Financial Exclusion 🏠 Subprime Crisis 🔄 Debt Cycles

Success and Luck

by Robert H. Frank • 2016

The luck you won't acknowledge is the public good you refuse to pay for.

3.70

1k+

🧠 Behavioral Economics 🎭 Meritocracy Critique 🔍 Cognitive Biases ⚖️ Economic Inequality 🪜 Economic Mobility

Success and Luck 87%

The luck you won't acknowledge is the public good you refuse to pay for.

by Robert H. Frank 2016

3.70

1k+ ratings

🧠 Behavioral Economics 🎭 Meritocracy Critique 🔍 Cognitive Biases ⚖️ Economic Inequality 🪜 Economic Mobility

Reckless Endangerment

by Gretchen Morgenson • 2011

Good intentions met Wall Street greed and captured regulators. The crisis was built to order.

3.96

2k+

🏦 Financial Crises ⚖️ Regulatory Failure 🏚️ Subprime Lending 💰 Wall Street Excess 🔍 Investigative Journalism

Reckless Endangerment 87%

Good intentions met Wall Street greed and captured regulators. The crisis was built to order.

by Gretchen Morgenson 2011

3.96

2k+ ratings

🏦 Financial Crises ⚖️ Regulatory Failure 🏚️ Subprime Lending 💰 Wall Street Excess 🔍 Investigative Journalism

Bailout Nation

by Barry Ritholtz • 2009

Wall Street keeps the upside. Taxpayers eat the losses. How America rewrote the rules of capitalism.

3.87

572

🏦 Financial Crises 💵 Monetary Policy 🏠 Housing Bubbles 💰 Corporate Bailouts ⚠️ Moral Hazard

Bailout Nation 87%

Wall Street keeps the upside. Taxpayers eat the losses. How America rewrote the rules of capitalism.

by Barry Ritholtz 2009

3.87

572 ratings

🏦 Financial Crises 💵 Monetary Policy 🏠 Housing Bubbles 💰 Corporate Bailouts ⚠️ Moral Hazard

The Darwin Economy

by Robert H. Frank • 2011

Darwin explains tax policy better than Adam Smith: the evolutionary case for taxing the top.

3.77

631

🏛️ Political Economy 🧬 Evolutionary Psychology 💎 Conspicuous Consumption ⚠️ Market Failures 🤝 Collective Action

The Darwin Economy 87%

Darwin explains tax policy better than Adam Smith: the evolutionary case for taxing the top.

by Robert H. Frank 2011

3.77

631 ratings

🏛️ Political Economy 🧬 Evolutionary Psychology 💎 Conspicuous Consumption ⚠️ Market Failures 🤝 Collective Action

Pound Foolish

by Helaine Olen • 2012

The personal finance industry wants you anxious, not wealthy. Your worry is their business model.

3.67

2k+

🦈 Predatory Finance 🔍 Investigative Journalism 💥 Anti-Self-Help 🏦 Retirement Crisis 🛡️ Consumer Advocacy

Pound Foolish 87%

The personal finance industry wants you anxious, not wealthy. Your worry is their business model.

by Helaine Olen 2012

3.67

2k+ ratings

🦈 Predatory Finance 🔍 Investigative Journalism 💥 Anti-Self-Help 🏦 Retirement Crisis 🛡️ Consumer Advocacy

Mastering The Market Cycle

by Howard Marks • 2018

Market cycles are driven by emotion, not economics. Learn to read them before the crowd does.

4.04

6k+

🔁 Market Cycles 🙅 Contrarian Investing 🧠 Behavioral Finance 🤔 Investor Psychology 💳 Credit Cycles

Mastering The Market Cycle 87%

Market cycles are driven by emotion, not economics. Learn to read them before the crowd does.

by Howard Marks 2018

4.04

6k+ ratings

🔁 Market Cycles 🙅 Contrarian Investing 🧠 Behavioral Finance 🤔 Investor Psychology 💳 Credit Cycles

Hidden Order

by David D. Friedman • 1996

Economics isn't about money: it's a toolkit for human behavior, from marriage to murder.

3.75

527

🏛️ Chicago School 🗽 Libertarianism 🍎 Everyday Economics 🎯 Rational Choice ⚖️ Public Choice

Hidden Order 87%

Economics isn't about money: it's a toolkit for human behavior, from marriage to murder.

by David D. Friedman 1996

3.75

527 ratings

🏛️ Chicago School 🗽 Libertarianism 🍎 Everyday Economics 🎯 Rational Choice ⚖️ Public Choice

Other People's Money

by John Kay • 2015

Daily currency trading exceeds global trade a hundredfold. The rest is finance feeding on finance.

3.92

1k+

🏦 Financial Systems 📈 Financialization ⚠️ Systemic Risk 🏛️ Regulatory Capture 🎲 Moral Hazard

Other People's Money 87%

Daily currency trading exceeds global trade a hundredfold. The rest is finance feeding on finance.

by John Kay 2015

3.92

1k+ ratings

🏦 Financial Systems 📈 Financialization ⚠️ Systemic Risk 🏛️ Regulatory Capture 🎲 Moral Hazard

Fooled By Randomness & The Black Swan

by Nassim Nicholas Taleb • 2008

Stability is an illusion, prediction is a scam: the architecture of a life that needs the chaos.

4.17

287

🎲 Probability Theory ⚠️ Hidden Risks 🧠 Cognitive Biases 💼 Behavioral Economics 🔍 Skeptical Empiricism

Fooled By Randomness & The Black Swan Summary

Fooled By Randomness & The Black Swan 87%

Stability is an illusion, prediction is a scam: the architecture of a life that needs the chaos.

by Nassim Nicholas Taleb 2008

4.17

287 ratings

🎲 Probability Theory ⚠️ Hidden Risks 🧠 Cognitive Biases 💼 Behavioral Economics 🔍 Skeptical Empiricism

Adaptive Markets

by Andrew W. Lo • 2017

Financial markets are jungles, not machines: biology, not physics, explains crashes and alpha.

4.06

2k+

🧠 Behavioral Economics 📈 Investor Psychology 🧬 Evolutionary Economics 📊 Market Efficiency 🛡️ Risk Management

Adaptive Markets 87%

Financial markets are jungles, not machines: biology, not physics, explains crashes and alpha.

by Andrew W. Lo 2017

4.06

2k+ ratings

🧠 Behavioral Economics 📈 Investor Psychology 🧬 Evolutionary Economics 📊 Market Efficiency 🛡️ Risk Management

When More Is Not Better

by Roger L. Martin • 2020

Treating the economy like a machine broke the link between growth and shared prosperity.

3.80

292

💰 Economic Inequality 🏛️ Political Economy 🦋 Complex Adaptive Systems ⚠️ Efficiency Traps 🎯 Perverse Incentives

When More Is Not Better 87%

Treating the economy like a machine broke the link between growth and shared prosperity.

by Roger L. Martin 2020

3.80

292 ratings

💰 Economic Inequality 🏛️ Political Economy 🦋 Complex Adaptive Systems ⚠️ Efficiency Traps 🎯 Perverse Incentives

Bull by the Horns

by Sheila Bair • 2012

She buried the banks Washington wanted saved. The FDIC chair's account of the 2008 bailout wars.

3.91

494

🏦 Financial Regulation 🎭 Regulatory Capture 🏛️ Too Big To Fail ⚠️ Moral Hazard 🛡️ Predatory Lending

Bull by the Horns 87%

She buried the banks Washington wanted saved. The FDIC chair's account of the 2008 bailout wars.

by Sheila Bair 2012

3.91

494 ratings

🏦 Financial Regulation 🎭 Regulatory Capture 🏛️ Too Big To Fail ⚠️ Moral Hazard 🛡️ Predatory Lending

The Art of Strategy

by Avinash K. Dixit • 1991

Why cooperation fails, why auctions overpay, and how to tilt every strategic game in your favor.

3.80

4k+

🎲 Game Theory 🤝 Negotiation Tactics 🔍 Information Asymmetry 🧠 Rational Choice Theory 🔄 Cooperation Dilemmas

The Art of Strategy 87%

Why cooperation fails, why auctions overpay, and how to tilt every strategic game in your favor.

by Avinash K. Dixit 1991

3.80

4k+ ratings

🎲 Game Theory 🤝 Negotiation Tactics 🔍 Information Asymmetry 🧠 Rational Choice Theory 🔄 Cooperation Dilemmas

SuperFreakonomics

by Steven D. Levitt • 2009

Incentives, not morality, explain prostitution, terrorism, and climate change. The data proves it.

4.00

135k+

🧠 Behavioral Economics 📊 Pop Economics 🔄 Unintended Consequences 📈 Data Analysis 💡 Contrarian Ideas

SuperFreakonomics 87%

Incentives, not morality, explain prostitution, terrorism, and climate change. The data proves it.

by Steven D. Levitt 2009

4.00

135k+ ratings

🧠 Behavioral Economics 📊 Pop Economics 🔄 Unintended Consequences 📈 Data Analysis 💡 Contrarian Ideas

Risk Intelligence

by Dylan Evans • 2012

Your probability estimates are worse than you think. It's trainable, and the payoff is real.

3.71

256

📊 Risk Literacy 🧠 Behavioral Economics 🧩 Cognitive Biases 🎲 Probability Estimation 📈 Bayesian Thinking

Risk Intelligence 87%

Your probability estimates are worse than you think. It's trainable, and the payoff is real.

by Dylan Evans 2012

3.71

256 ratings

📊 Risk Literacy 🧠 Behavioral Economics 🧩 Cognitive Biases 🎲 Probability Estimation 📈 Bayesian Thinking

A Demon of Our Own Design

by Richard Bookstaber • 2007

Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.

3.92

1k+

🏦 Financial Markets ⚠️ Systemic Risk 🔧 Financial Engineering 🕸️ Complex Systems 📉 Financial Crises

A Demon of Our Own Design 87%

Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.

by Richard Bookstaber 2007

3.92

1k+ ratings

🏦 Financial Markets ⚠️ Systemic Risk 🔧 Financial Engineering 🕸️ Complex Systems 📉 Financial Crises

The Primal Prescription

by Doug McGuff • 2015

Government, not the free market, broke US health care. The way out is deregulation and dinner.

4.24

131

📊 Healthcare Economics 🦴 Ancestral Health 💊 Drug Regulation 🗽 Libertarian Economics 🧑‍⚕️ Healthcare Consumers

The Primal Prescription 87%

Government, not the free market, broke US health care. The way out is deregulation and dinner.

by Doug McGuff 2015

4.24

131 ratings

📊 Healthcare Economics 🦴 Ancestral Health 💊 Drug Regulation 🗽 Libertarian Economics 🧑‍⚕️ Healthcare Consumers

How an Economy Grows and Why It Crashes

by Peter D. Schiff • 2010

A cartoon island parable about why stimulus and easy credit always end in a crash.

4.15

5k+

🏫 Austrian Economics 📖 Economic Literacy 📉 Inflation Critique 🔄 Economic Cycles 🫧 Debt And Bubbles

How an Economy Grows and Why It Crashes Summary

How an Economy Grows and Why It Crashes 87%

A cartoon island parable about why stimulus and easy credit always end in a crash.

by Peter D. Schiff 2010

4.15

5k+ ratings

🏫 Austrian Economics 📖 Economic Literacy 📉 Inflation Critique 🔄 Economic Cycles 🫧 Debt And Bubbles

Radical Uncertainty

by Mervyn A. King • 2020

When the future is genuinely unknowable, stories guide us better than probability ever could.

3.86

1k+

📘 Knightian Uncertainty 📖 Narrative Reasoning 🧠 Behavioral Economics 🗺️ Scenario Planning 🐝 Collective Intelligence

Radical Uncertainty 87%

When the future is genuinely unknowable, stories guide us better than probability ever could.

by Mervyn A. King 2020

3.86

1k+ ratings

📘 Knightian Uncertainty 📖 Narrative Reasoning 🧠 Behavioral Economics 🗺️ Scenario Planning 🐝 Collective Intelligence

Demosclerosis

by Jonathan Rauch • 1994

Small groups outmaneuver large publics. The cost: a government that gets busier while doing less.

4.10

🏛️ Public Choice Theory 📉 Political Economy 💰 Rent-Seeking 📜 Regulatory Capture 👥 Collective Action Problems

Demosclerosis 87%

Small groups outmaneuver large publics. The cost: a government that gets busier while doing less.

by Jonathan Rauch 1994

4.10

29 ratings

🏛️ Public Choice Theory 📉 Political Economy 💰 Rent-Seeking 📜 Regulatory Capture 👥 Collective Action Problems

The Only Game in Town

by Mohamed El-Erian • 2016

Central banks saved the economy, then overreached. The road ahead now forks toward opposing futures.

3.56

1k+

🏦 Central Banking 🌐 Global Economy 📉 Financial Crisis ⚠️ Risk Management ⚖️ Economic Inequality

The Only Game in Town 87%

Central banks saved the economy, then overreached. The road ahead now forks toward opposing futures.

by Mohamed El-Erian 2016

3.56

1k+ ratings

🏦 Central Banking 🌐 Global Economy 📉 Financial Crisis ⚠️ Risk Management ⚖️ Economic Inequality

The Big Con

by Mariana Mazzucato • 2023

Consultancies charge steep fees while offloading risk; governments are their biggest marks.

3.61

2k+

💼 Management Consulting 🏛️ Outsourcing Governance ⚖️ Conflicts Of Interest 🏚️ Institutional Decay 💰 Rent-Seeking

The Big Con 87%

Consultancies charge steep fees while offloading risk; governments are their biggest marks.

by Mariana Mazzucato 2023

3.61

2k+ ratings

💼 Management Consulting 🏛️ Outsourcing Governance ⚖️ Conflicts Of Interest 🏚️ Institutional Decay 💰 Rent-Seeking

The Captured Economy

by Brink Lindsey • 2017

Why the economy works for the rich and against everyone else. Four policy levers, no conspiracy.

3.89

416

🔒 Regulatory Capture 💸 Rent-Seeking 📉 Economic Inequality 🏗️ Land Use Regulation 🏦 Financial Regulation

The Captured Economy 87%

Why the economy works for the rich and against everyone else. Four policy levers, no conspiracy.

by Brink Lindsey 2017

3.89

416 ratings

🔒 Regulatory Capture 💸 Rent-Seeking 📉 Economic Inequality 🏗️ Land Use Regulation 🏦 Financial Regulation

Hidden Games

by Erez Yoeli • 2022

Luxury, outrage, stubborn beliefs: game theory shows the hidden logic behind your irrational side.

3.66

358

🎲 Game Theory 🧠 Behavioral Economics 🦚 Costly Signaling 🧬 Evolutionary Psychology 🔍 Motivated Reasoning

Hidden Games 87%

Luxury, outrage, stubborn beliefs: game theory shows the hidden logic behind your irrational side.

by Erez Yoeli 2022

3.66

358 ratings

🎲 Game Theory 🧠 Behavioral Economics 🦚 Costly Signaling 🧬 Evolutionary Psychology 🔍 Motivated Reasoning

The Zurich Axioms

by Gunther Max • 1985

Swiss bankers know that getting rich means worrying more, not less, and selling before you're ready.

3.98

3k+

📈 Speculation 🧠 Trading Psychology 🏛️ Investment Philosophy 🔄 Contrarian Investing ⚠️ Risk Management

The Zurich Axioms 87%

Swiss bankers know that getting rich means worrying more, not less, and selling before you're ready.

by Gunther Max 1985

3.98

3k+ ratings

📈 Speculation 🧠 Trading Psychology 🏛️ Investment Philosophy 🔄 Contrarian Investing ⚠️ Risk Management

Against the Gods

by Peter L. Bernstein • 1996

The modern world began when humans stopped blaming the gods and started calculating the odds.

3.95

15k+

🛡️ Risk Management 📜 Financial History 🎲 Probability Theory 🏛️ Intellectual History 🧠 Behavioral Economics

Against the Gods 87%

The modern world began when humans stopped blaming the gods and started calculating the odds.

by Peter L. Bernstein 1996

3.95

15k+ ratings

🛡️ Risk Management 📜 Financial History 🎲 Probability Theory 🏛️ Intellectual History 🧠 Behavioral Economics

When Genius Failed

by Roger Lowenstein • 2000

Two Nobel laureates and a trillion dollars in bets. Then a Russian default upended the models.

4.20

32k+

🏦 Hedge Funds 🔥 Financial Crises 🛡️ Risk Management 📊 Model Risk ⛓️ Systemic Risk

When Genius Failed 87%

Two Nobel laureates and a trillion dollars in bets. Then a Russian default upended the models.

by Roger Lowenstein 2000

4.20

32k+ ratings

🏦 Hedge Funds 🔥 Financial Crises 🛡️ Risk Management 📊 Model Risk ⛓️ Systemic Risk

The New Paradigm for Financial Markets

by George Soros • 2008

Markets amplify extremes. 2008 was the bill for a decades-long credit binge.

3.42

2k+

📉 Financial Crises 🫧 Asset Bubbles ⚠️ Market Instability ⛓️ Laissez-Faire Critique 📋 Financial Regulation

The New Paradigm for Financial Markets Summary

The New Paradigm for Financial Markets 87%

Markets amplify extremes. 2008 was the bill for a decades-long credit binge.

by George Soros 2008

3.42

2k+ ratings

📉 Financial Crises 🫧 Asset Bubbles ⚠️ Market Instability ⛓️ Laissez-Faire Critique 📋 Financial Regulation

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