Easy reading on Economics
I like to read about the logic behind things.
I am also curious about the way things work. “Behind The Scenes” of a movie is really a great insight for me as i can see the hard work there. This applies to way people earn money as well. It is believed that an ordinary Turkish guy thinks about the earning potential of a product before buying it. Or looks at a building and tries to calculate the cost of it. This is interesting for me but not as much as the dynamics of the buy out.
For instance when i see a merchandise of a football club, I try to look at the firm that produced or imported, the club that buys and sells for profit reasons and the fan that buys and maybe sells it one more time as a collection item.
In the last few years books focusing on this relation is very popular everywhere.
I read some of these books and here are some recommendations and and a wishlist.
This book is on my wishlist. It seems pretty interesting. I saw it in Pandora last time i was there and hopefully will buy it soon. Eventhough it is not directly related to economics but still seems to be great.
I read this one some time ago. Why do drug dealers live with their moms? is a classic article. Hopefully one day i will summarize it on this blog.
This is one of my favourites. Tim Harford gives great insight from daily economics. Such as Starbucks. Price targeting can not be told easier than that. It is simply a perfect read.