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I saw an article yesterday on BW about a Cornell professor that just came out with a book on economics based on stories about real world economic enigmas. Like, where are there braille markings on drive-through terminals.

I thought it might be a interesting way to get a feel for economics - for people that are bored by studying economics.

Here's the link to the article. I haven't read the book yet:
https://www.businessweek.com/bschools/co ... d=rss_null
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Yeah, he was on a local radio show here....I didn't catch a lot of it 'cause I was in and out of the room with the radio, but he sounded interesting and readable.

Though I have to say, I am less worried about econ; I love econ, especially macro stuff. I think I'm actually most worried about finance. Do you guys ever read Allan Sloan? He writes a biz column for Newsweek, and most of the time I think he's speaking ancient Greek. Huh? What? Sometimes I even try really hard to follow the mechanations of what he's describing, but I usually give up.
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I suggest a different approach: read The Economist.
You can tackle one article at a time and the content is more varied than hardcore business. There's sociology, book reviews, a summary of affairs by region, etc. I'm a strong enthusiast of The Economist. I started reading it about 4 years ago and I read it regularly now.

I also have a friend who graduated from Stanford's MBA program and he said that to keep up with current affairs you needn't read the WSJ, FT or any of the daily newspapers. You could just read The Economist and the Harvard Business Review and you'd be up to speed with any discussion on current affairs.

Hope it helps. L.
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lepium wrote:
I suggest a different approach: read The Economist.


OK, fess up. How much are they paying you? You LOVE those guys and give 'em props all the time...

:wink:
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I second the economist. Extensive coverage in a little package.


aaudetat wrote:
lepium wrote:
I suggest a different approach: read The Economist.


OK, fess up. How much are they paying you? You LOVE those guys and give 'em props all the time...

:wink:
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Following on agreeing with the two guys above.

The economist is excellent - very brief on everything, but carefully written so that it isn't just surface information.

Books and that are for what you are interested in more for me. So, quite often have zero MBA relevance (Simon Reynolds works are especially popular)
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winning [#permalink]
Aaudetat, you should try on "Winning" of Jack Welch. I really enjoy reading it.
If you don't like finance, maybe should try something on marketing? They are fun and easy to read. from top of my head, "the rise of PR" of Al Ries is pretty good (some of his arguments are forcing, but there are some interesting too)
After reading for a while, I think I should take a class on speed reading or learn how to improve my reading efficiency. I read too slow. It usually takes me a week (20hrs) to read a book about 300-400 pages.
do you guys have any ideas how to read better?
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Re: winning [#permalink]
darren1010 wrote:
Aaudetat, you should try on "Winning" of Jack Welch. I really enjoy reading it.
If you don't like finance, maybe should try something on marketing? They are fun and easy to read. from top of my head, "the rise of PR" of Al Ries is pretty good (some of his arguments are forcing, but there are some interesting too)
After reading for a while, I think I should take a class on speed reading or learn how to improve my reading efficiency. I read too slow. It usually takes me a week (20hrs) to read a book about 300-400 pages.
do you guys have any ideas how to read better?


That's a good rec too, Darren. Thanks.

As for reading speed, I wonder how your speed is in Vietnamese. I am wicked-quick in English, but am super-duper slow, painfully slow, in French. I think slow reading in a second language just goes with the territory.
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In Vietnamese I read very fast. The book that takes me 20hrs to read in English, if it were in Vietnamese, it would not take me more than 4hrs to read (I'm a reading addict. I began to read when I was 5).
But I really want to read faster in English too :-D. There are too many things to read in B-school, so I will be far behind the class with my slow reading.
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I think the best way to improve the speed of your reading is to stand by the side of train tracks and try to read the ads on the trains as they whiz by. In time, you'll be able to read very quickly.

Just kidding (was that even funny?) If you're a quick reader in your native language then I assume your slower reading speed in English isn't because you don't have the right technique, but rather you haven't read anyhwere near the volume of material in English that you have in Vietnamese. That said, there are techniques taught in many speed-reading courses (such as looking at words in large "clumps" rather than just one, two, or three at a time) that may help.
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As far as magazines go, I just subscribed to The Economist and Atlantic Monthly a few months ago and LOVE the combination.

A nice little perk from your subscription is you get access to economist's premium content and their city-specific email newsletters are really a good way to keep on top of current events.
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I would suggest reading a book by Norman Lewis. I think the title is "How to read better and faster". I read it a decade ago during college. The title is quite cheesy and sounds like a video professor title on home shopping network. However, the tips and techniques suggested helped me develop lifelong good reading habits.

darren1010 wrote:
In Vietnamese I read very fast. The book that takes me 20hrs to read in English, if it were in Vietnamese, it would not take me more than 4hrs to read (I'm a reading addict. I began to read when I was 5).
But I really want to read faster in English too :-D. There are too many things to read in B-school, so I will be far behind the class with my slow reading.
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I always read slow, but I only ever read once.

(well, on texts anyway. proof reading is different)
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Economist is a very good recommendation.

This is not necessarily aaudetat-specific; just some recommendations..

File this under the category: Serious reading

The Innovator's Dilemma -- Clayton Christensen

What Smart Executives Fail -- Sydney Finkelstein (I think he is at Tuck)

The Fortune at the Bottom of the Pyramid : Eradicating Poverty through profits -- C K Prahalad

Three Cups of Tea: One Man's Mission to Promote Peace . . . One School at a Time -- Greg Mortenson

I also like to get my biz news analysis from websites such as https://www.tompeters.com
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Re: Make Me Care [#permalink]
If you are looking for an entertaining business novel for the summer, take a look at The Goal by Eliyahu Pratt.

https://www.amazon.com/Goal-Eliyahu-M-Go ... 642&sr=1-1
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Yes, I should have mentioned the Goal.

If you are interested in another fun operations based novel, you may consider "The Gold Mine: A Novel of Lean Turnaround" also.
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The Goal is required at Darden. Actually, it's optional over the summer, but it's used in one of the classes.
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