

Finished 'Dear Undercover Economist' by Tim Harford (Author of acclaimed 'The Undercover Economist'). The book is compilation of Letters from the 'Dear Economist' column in Financial Times.
'Dear Economist' is Agony Aunt type column where problems are analysed and replied on the basis of economic theory. Letters which have been discussed are categorised on Love and Dating; Work, School and Money; Family Life; Food Drink and Entertainment and Miscellaneous Queries.
It was very interesting and hilarious to read economic aspect of issues which we thought were emotional, psychological and social. So the book starts with Should I fake my orgasm?, How to spend your lottery win, Efficient protocol for the lavatory seat; email scams, odd socks and existence of God.
Few more questions:
A small suggestion for Ed cell
I recently read few books about entrepreneurship and passion and liked them. If possible you might try to establish a library of your own and stock them:
Few of the books which i liked are
Stay hungry and Stay foolish, Connect the dots (Both by Rashmi Bansal)
The Google Story
Icon(Unauthorised autobiography of Steve Jobs)
How i lost my virginity (autobiography of Richard Branson)
Also there is a very inspiring graduation day passing out speech video by Steve Jobs which i can recommendas a must watch for any budding entrepreneur
http://www.ted.com/talks/steve_jobs_how_to_live_before_you_die.html
If u know anything which can add to the list please add to the list as comments
James Surowiecki is a staff writer at the New Yorker (the financial page) . His pieces have also been published in New York Times, Washington Post.
This is his book about how the many are smarter than the few.
It all begins with an early twentieth century experiment by Sir Francis Galton, a noted British polymath. In this expirement, Sir Galton set out to prove that the average person did not know much & that knowledge was concentrated in a few. ( Some of us hold this view, whether knowingly or unknowingly : especially when we criticize democracy
)
Bad Money drives out Good Money - Gresham's law.
Kevin Philips makes several interesting points in his latest book about the United States of America. A former Republican strategist, Kevin Philips needs no introduction.
The book is excellent and captures the angst, the restlessness that we see all around us.
He compares the United States of today to later day Hapsburg Spain, to the waning Dutch Empire and to the declining British Empire. The symptoms - the signals are all there he says and while the landing was harsh for Spain, Holland , a bit softer for the British - the US might have it much softer than others. Again, the countries eventually emerged ever more prosperous in due course.
Just completed a book “You can’t win a fight with your boss” by Tom Markert. Another self help book off the shelf. 147 pages of fun reading.
Pick of the book
Rule 11: Stay on the right Side of the Boss’s spouse
“Present the appropriate image. Maintain your professionalism and be warm and friendly…..Do not be confrontational…”
Book informs that spouses generally tend to talk about the party and the people on their drive back home and that is the critical time. “A good outcome is good, a neutral outcome is okay, but a poor outcome means you can bet he or she will give the boss an earful on the drive home”
So try to be okay if not good.
After sometime you get tired of reading non-fiction books on management. The reason is that most of them literally shout at your face to do this, or do that or follow the umpteenth habit of a highly effective person and so on and so forth, which seems all very banal. More or less you have already come across such concepts during your MBA and the language of such books is very dull and rhetorical.
Recently, I read this fascinating book by Naseem Nicholas Taleb ( NNT for short).
NNT delves into why predictions & forecasts go terribly awry in particular economic / poicy forecasts and debunks a number of investing myths. Also delves into why risk models are not accurate.
First some background, NNT himself is currently a professor of Uncertainity, in his past life he has been a trader ( a quant - someone who is paid to apply principles of mathematics to trading strategies to eliminate risk).
This is his second book, the first being Fooled by Randomness.
I never had an interest in reading books untill I started preparing for my MBA. Whenever you feel down and out of life my suggestion would be to watch an action movie like "The MATRIX-Reloaded" or read a good book. Because plenty of time in life things go wrong and you keep guessing WHY? And the answer lies in the:
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