Another year of terrific books on Hayekian themes. Here are some recommended titles from the last year or so:
- Antifagile by Nassim Taleb — remarkable account of how to harden systems via simple rules for dealing with complexity.
- Iron Curtain by Anne Applebaum — a stunning history of totalitarianism in Easter Europe
- The Clash of Economic Ideas by Lawrence White — the best & most readable history of the context of ideas between Hayek et al versus the statists — Keynes, Galbraith, and other 20th century luminaries.
- Why Nations Fails by Daron Acemoglu & James Robinson — great story-telling illustrating the importance of sound institutions & the disasters created by extractive institutions.
- Thinking, Fast and Slow by Daniel Kahneman — Although Kahneman is often as misled by his examples as are his test subjects, grappling with how freshmen deal with choices in the psych lab is a first step toward understanding how choice behavior works.
- Adapt by Tim Harford — Hayek and Popper emphasized how discovery often takes place via discovery of what doesn’t work, Harford fleshes out the the lesson with entertaining examples from business and government.
(revised & bumped)