I'm a stemcel and trying to learn more about basic economics. I really don't know much, so I was thinking of starting with a basic first-year text in macroeconomics? Or is there a better way to do this? I just want to understand the fiat system, economic cycles, issuance of government bonds, etc. I've already read the favs of biz like Hazlitt and Rothbard but I feel they speak more about how things should be, I just want to better understand how things are. Any recommendations?
>>61244430reading is fucking gay
>>61244430https://openstax.org/books/principles-macroeconomics-3e/pages/1-introductionHere you go, have fun. Also, Rothbard is a complete retard.
>>61244430google "basic economics pdf" the book by thomas sowellits freethe book is daunting but each chapter is standalone so not hard to read in chunks
>>61244959>Also, Rothbard is a complete retard.Absolute brainlet detected.His book on the great depression is the most detailed and complete on the subject
>>61244430>stemcelAlso a stemcel here. The most important thing and first thing to learn is that economics is by far the most scientific looking non-science. It's filled with mathematics and data processing and academic papers and respect, but ultimately the predictive capability we folks in stem love so much about the sciences isn't nearly as dependable as we're accustomed to in the hard sciences. Economics is basically on par with psychology. It's useful for trying to label and make sense of observed phenomena, but gets pretty wishy washy in what the phenomena ultimately means or will lead to.It's most general problem is that it's assumes that markets are rational, that they operate differently from the billions of the not-all-that-rational humans that form them. I personally see the realm of economics as less of a science and more of an art that people try very hard to apply science to. In many ways, economics is similar to military art - there are variables and forces both rational and irrational, expected and unexpected, and across all scales the success of one entity is often engaged in a contest of wills with another competing entity - whether these entities are aware of it or not.A basic intro text on microeconomics followed by a basic intro text on macroeconomics is a good foundation for the basic concepts, which once acquired let's you go further. From here I would read up on the Austrian School of economists, who seemed to understand that markets were not rational and whose later followers were able to call the dot com bubble and housing market crash long before others. After a good foundation in these basics, move on to learning about commodities markets, international banking, currency and stocks (roughly in that order). All this becomes your knowledge base for understanding anything more advanced.
>>61244430All you need to know is basic supply and demand curves and that Jews control the institutions/policy to enrich themselves since they're generally taught from a very young age to be asset owners, bar mitzvah money, etc... That means legislation, regulations, and monetary policy is set to prop up their assets at the expense of the common working man.
>>61244959>>61244976>>61245348Thank you all. I'll get started. >economics is basically on par with psychologyoh fuck what am i getting myself into
>>61244430a great book is "economics in one lesson" its a short readfor the financial system watch this mike maloney serieshttps://www.youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc
>>61244430A History of Central Banking and the Enslavement of Mankind, Stephen Mifford Goodson