Showing posts with label philosophy. Show all posts
Showing posts with label philosophy. Show all posts

Tuesday, March 22, 2011

What I have been reading

A couple of books I have read within the past few weeks, most of them on my Kindle 3G device(*):

Scott Berkun's "Confessions of a Public Speaker" (get the Kindle edition): the author is a professional speaker, in front of audiences large and small, hence he has got some very helpful tips for anyone who ever needs to engage in public speaking, mostly drawn from his own experiences. These tips range from the a priori preparation for your speech, to engaging your audience, to knowing what to do when you have a too large room and too few people in there etc.What is missing, but understandably so given the author's career, is the treatment of academic public lectures, which can be quite different than any other public types of speech-- nevertheless a series of Berkun's recommendations work perfectly also for academics. The book is at the same time a very fun reading.

***

Jason Zweig's "The Little Book of Safe Money: How to Conquer Killer Markets, Con Artists, and Yourself" (get the Kindle edition): useful advice for small investors (that can be probably summed up by the following quotes "for most small investors, an indexed bond mutual fond is the best way to go" and "[d]on't invest in leveraged and inverse ETFs. Leave them to professional traders" ...) and adapted particularly for the US audience (you do find for instance very helpful info on the so-called '529 plans,' including some online links to compare various such plans, in case you are interested in that). Definitely not for more sophisticated investors (some of you, readers of this blog) or for people who've read much more detailed stuff on financial investments earlier (although I am myself in this category, sometimes it is useful to consult other perspectives at a more elementary level). A tad too cautious and limited on scope and purpose. Anyhow, if you are a beginner and (plan to) live in the US, by all means do read this book.

***

Steven Levitt and Stephen Dubner's "Superfreakonomics" (get the Kindle edition). I find this better written than their first Freakonomics success (see, e.g., the first bullet point here for some of the huge debate on that earlier book)-- probably experience and learning on the job-- though it contains as little economics as the first one (it is written more in an investigative journalism style: Dubner obviously has the feeling for what sells and what not). That being said, I still think it is eventually a great service even to the economics  academic community (at least in drawing attention to the range of situations/phenomena that economics can be applied to; NB: I personally doubt it would give the/a too wrong impression of what economists do and should do-- if anything, it might convey the idea that some economists know very well how to sell their books,), and probably that writing it in more 'econo-prose' would have reduced its popularity. I would particularly recommend it to any non-economists, for sure (e.g. last winter I noticed the Romanian translation of the book is already out, and made it present to a good old Transylvanian friend of mine-- in function of his reaction I might offer it to my parents as well). By the way, related, the Freakonomics documentary is currently available for instant viewing on Netflix (I correct myself: right now their site is down, but it is the first time I do not see it functioning), if you are in US and have access to that service-- I plan to watch it one of the next days.

***

And now to my two favorites in this set: 

John Adams's "Hallelujah Junction. Composing an American Life" (unfortunately not available on Kindle): this is one of the best autobiographies I have ever read, within the musical realm and beyond. Honest, full of wit, style, and extremely informative-- and that to say the least. As somebody who's listened to a large set of Adams's compositions (and working on the remaining ones...) and who regularly follows his blog, I simply had to read his autobiographical piece in order to have access to Adams's detailed perspective on both his  own work and his general ideas of music (composition, interpretation, intrigues, all the hoopla), politics, life, everything... Highly recommended: one of those books that you simply cannot stop reading once you have started. I'll most likely refer to passages or ideas from "Hallelujah Junction" in many of my future blogposts.


Steven Landsburg's "The Big Questions" (get it on Kindle): I will only tell you that this book is from my perspective really scary, in that its author appears to think about  crucial stuff --i.e. mathematics, economics, physics, philosophy, tax policies, trade, sex, religion, life, Universe etc.-- in an almost identical way to yours truly (ok: I should maybe phrase it as "I think almost exactly like him"-- after all he was there before me...). In any case, even if you've known all the time and agreed all the way with everything in the book (though he does cover an enormous range of topics, requiring that you'd be an extremely well read person), Landsburg's exposition is one of the clearest I've ever encountered (this is true also for his previous books, some of them recommended earlier on this blog; I will only say here that I even used an earlier quote from him as one of the "propositions" --"stellingen", in Dutch-- to go along with my PhD thesis defence-- see under IX in this list). In particular, he's got the rare ability to explain in few paragraphs, mainly by means of easy examples and analogies, some highly complex material (try explaining quantum physics or deontological vs. consequential ethics to the non-initiated!), albeit he needs to strip them down to the bare essence (but then again this is a popularizing book, aimed for a wide audience). Landsburg's writing style is also something I personally like a lot: he's got just the right amounts of humor, irony, and even the tiny bit of arrogance (why not?) mixed in his book. Check out also Landsburg's "The Big Questions" blog, something I've followed and enjoyed since its very start. I end with a larger quote from the introductory chapter of "The Big Questions" that is likely to give you a good feeling of Landsburg's 'creed' and goal in this book (as well as the similarity with my own academic training and beliefs, c.f. the scary/eerie part from above):
"[...] I went on to a career of research in teaching in both mathematics and economics, with a little dabbling in physics along the way, but I never lost sight of my fascination with the big questions of philosophy: Where did the Universe come from? Why is there something instead of nothing? How is knowledge possible? What justifies a belief? How can we tell right from wrong, and good from evil? How should we live our lives?
Philosophers have useful ways of thinking about these questions, but so do people  who are not philosophers. Physicists know something about the origins of the Universe; mathematicians know something about the patterns of reality; economists know something about how our choices affect the lives of others, which is not distinct from the problem of distinguishing right from wrong. I've come to believe that these disciplines provide some of the best available tools for chipping away at the problems of philosophy.
When a man  with a hammer tells you that everything looks like a nail, you should doubt his objectivity. When a man who knows some math and economics tells you that the problems of philosophy can be solved with math and economics, you're entitled to exactly the same reaction. But in this case I believe the causality runs the other way: I was drawn to math and economics because they illuminate the big questions. I saw the nails and went out to find a hammer. [...]"


(*)which is absolutely fantastic and you must have it, despite 1. the fact that David Letterman cannot find page numbers on the Kindle books -- and hates it because of that; 2. the fact that each Kindle book costs more if you buy it outside US-- function of the IP address from where you log in to your Amazon account when buying it (before investigating and realizing this, I did actually buy quite a few Kindle books during my European winter holidays-- and ended up paying about 50 bucks more than I would have paid, had I bought them here in the US). In any case, I am the owner of more than 100 Kindle books already (yes, Amazon, I expect some loyalty awards!): given my fairly long commuting time between Lakeview, where I live, and Northwestern Univ in Evanston, I can read up to two or three books in good weeks.

Sunday, January 23, 2011

George Stigler could do anything--anything but be boring

 [...] I must out of courtesy and caution reserve judgment on any laws that Professor Stigler may unveil. For, as I learned when our friendship began long ago, George Stigler can do anything-- anything but be boring.
-Paul Samuelson-

Here's the Sunday read I recommend to you: a great 1963 dialogue on the "proper economic role of the state" between two intellectual giants, George Stigler(*, **) and Paul Samuelson. More actual than ever. If only all current policy and academic debates had this flavor!


* inspired by Steven Landsburg's recent blogposts on Stigler, here and here. Echoing Landsburg, you must absolutely read Stigler's "The Intellectual and the Marketplace" and "Memoirs of an Unregulated Economist", if you haven't already done so. Indeed, he would likely be the champion of all Econ bloggers.

Thursday, February 12, 2009

Broccoli, pornography, and Kant

Very interesting and well done Hoover Institute review by Mary Eberstadt, "Is Food the New Sex?", though my feeling is that Economics would have way better tools to address the questions raised here than Philosophy, Kantian categorical imperative notwithstanding...
Thanks to Fred for the link!

Saturday, February 16, 2008

Quote for week 10th-16th Feb '08

At the root of the difference between the Libertarian and welfarist-Utilitarian conception of optimal tax policy is the relationship of the individual to the state. The welfarist-Utilitarian model sees the state as an entity outside the individuals who compose it, in that the government puts in place policies that are optimal according to its own social welfare function. This function is dependent upon the individuals' welfare, but by combining them in a particular way the state assumes an authority to force individuals to act in ways with which they may disagree. In constrast, a Libertarian model sees the state as merely a collection of individuals who agree to cooperate only insofar as it serves their individual interests. Thus, all contributions by individuals to the state's activities must be voluntary, and the state has authority over individuals only insomuch as they wish to grant it.





Read the quote of the previous week.

Monday, February 04, 2008

Econlinks for 4-02-'08

  • Greg Mankiw's birthday wish (with my "Happy Birthday", of course!). Among other things, I learnt I'd be young forever, despite being (aspiring to be?) an economist; here's why: "[...] you know you are old when you spend more time thinking about money than sex. If so, we economists must age prematurely. After all, it’s our job to think about money, both our own and other people’s." Apparently Mankiw forgot about the Solow-Friedman sex vs. money context (see page 3 of that PDF presentation; don't worry about the rest of the presentation in Romanian- unless you are Romanian, of course, in which case you might also want more background on that presentation).

  • When to say "I love you", in Tyler Cowen's perspective. I am particularly fond of the 'Proustian reminder' rationale in 4 (though I will strongly deny that was my only reason, ever, to utter those words) :-).

Monday, December 03, 2007

Quote for week Nov 25th- Dec 1st '07


To be reconciled to the social world, one must be able to see it as both reasonable and rational.

John Rawls, The Law of Peoples

Saturday, October 13, 2007

Quote for week 7th-13th of October '07



In order to cure most ills of human life, I require not that man should have the wings of the eagle, the swiftness of the stag, the force of the ox, the arms of the lion, the scales of the crocodile or rhinoceros; much less do I demand the sagacity of an angel or cherubim. I am contented to take an increase in one single power or faculty of his soul. Let him be endowed with a greater propensity to industry and labour; a more vigurous spring and activity of mind; a more constant bent to business and application.

David Hume

Thursday, August 02, 2007

What I've been reading...

Some recommendations among the books I've recently finished reading:

  • "On Bullshit" by Harry Frankfurt, truly a gem of a book (in fact a book in miniature; it can be read in less than an hour). Teaches you the obvious and not so obvious differences between "bullshit", "humbug" and "lies" & much more than that... I guarantee you that you'll love it; I chose a fragment of this book as last week's quote on my blog.

  • "Naked Economics: Undressing the Dismal Science", by Charles Wheelan. The reason I started reading this (and other similar books) in my scarce free time is because I wanted to recommend my non-economist friends the best books they can read, void of the formal dressing that most Econ texbooks wear, so that they grasp what (basic) Economics is really about. But in fact this book fulfills that criteria and does much more: it is filled with excellent examples (true, most of them are linked to the USA; also, the book is published in '02, but most examples still hold) that can be succesfully used in undergraduate Economics classes to incite and deepen the interest of students who could be, a priori, put off by the formal modelling omnipresent in such classes (I've experimented this already on at least such a student: it really works :-) )... Therefore I would recommend this book to anyone who would like/ plans/ has just started to study Economics or to anybody else who simply wants to "gain an understanding of basic economics with little pain and much pleasure", as Gary Becker writes in his short characterization of this book. Though some of his examples are exaggerated, Wheelan does an excellent job in using them to point out fundamental economics mechanisms.

  • "The Armchair Economist. Economics and Everyday Life", by Steven E. Landsburg. This 1993 book is by now a classic (some excellent Econ teachers have been recommending it to their undergrad students as holiday reading, for years...). This is perhaps the book that 'opened' the way to the best-selling series on 'Freakonomics' books (the best best-selling so far being Levitt and Dubner's "Freakonomics", of course-- I've tackled previously topics directly or indirectly connected to that book here and here and here and here...). However, caveat lector when interpreting what I've just said above: this book is at the same time different from the 'Freakonomics series' in that it chooses to systematically explain the very basic principles of Economics by means of concrete (yes, sometimes very unusual, counterintuitive) facts and not the other way around, i.e. attempt to explain some extremely unusual/ counterintuitive facts by means of economic theory, sometimes stretched-to-extremes economic theory etc... So I'd place Landburg's book in a category with Wheelan's book above and recommend it to all those who would like to get a feeling of how genuine economists think. Milton Friedman praised the book in the following words: "An ingenious and highly original presentation of some central principles of economics for the proverbial Everyman. Its breezy tone conceals the subtlety of the analysis. Guaranteed to puncture some illusions and to make you think". Now, for people who never had Economics in their higher education, I'd recommend reading this book after having read "Naked Economics", since indeed Landburg's "Armchair Economist" is somewhat more subtle. But very much fun indeed!

Sunday, March 04, 2007

'Waking Life' or 'Salsa Dancing with My Confusion'

I've just found this very nice short clip on YouTube about the 'making of' one of my favourite movies of all times (on certain criteria it is in my top 5 and for sure on top 10 all movies I have ever seen- which , by the way, gives me the idea of compiling a list with my top 25 or so, for a future post). The movie is Richard Linklater's "Waking Life"(see its description on IMDb and on RottenTomatoes, respectively)- the only other movie directed by Linklater that I have seen is Tape (IMDb, RottenTomatoes), which is also in my top 25 (or 50 for sure, have to compile that list...), so my prior is that this guy is an excellent director.

I like to think of this movie, in a one line characterization, as "salsa dancing with my confusion", which is the punch line of one of the characters, perhaps my favourite one, Speed Levitch, playing... himself (his whole phrase is "On really romantic evenings of self, I go salsa dancing with my confusion."; another superb line from him is "Life is a matter of a miracle that is collected over time by moments flabbergasted to be in each others presence."- watch the movie for more!). I highly recommend this to everybody; in my case even after seeing it four times (cinema, dvd), I would still take the opportunity to watch it again, anytime. It's even better if you actually have a background on at least some of the dialogues that take part throughout most of the movie (it is impossible to master all that compilation of ideas, for instance, just the 'pure philosophical' dialogues, to label them somehow, already span several major subfields and schools- and you get just a glimpse in each of them...) , but for a first view you can also do without. Just relax and become one with the characters. The soundtrack (I would say it is a must to have that separately: it is a great soundtrack album) is also superb. And once you watched the movie entirely (but not before!), there are plenty of excerpts of dialogues from the movie, most of them self-contained, on YouTube.