My Summary of Fukuyama's Political Order and Political Decay

The first book I read that contains so long list of reference is Basic Economics of Thomas Sowell. When I read this book, I was surprised that it ended at 70% of its Kindle version. Another 30% is the long list of reference. Clearly,...

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A Review on The Commanding Height

As its title suggests, in this book the authors attempt to contemplate on who should control your life, who should run the economy, or how laws should be based on. This is the never-ending debate on big government versus small government, Keynesianism versus Classical Economics, liberal democracy versus communism, dictatorship, monarchy you name it. For those who are curious how popular economics can change life, this book is...

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A Note on From Dictatorship to Democracy

In Why Nations Fail or related topics especially those of economic development or political science, we cannot see how to develop a country suppose you were a victim in a failed country. At least you are not the leader of a country [you would not read this piece of writing if you were!]. This book attempts to give guidelines, at least hope, for the victims, the suppressed, of dictatorship to topple dictatorship to set up a lasting...

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The Worldly Philosophers

A graduate student who could write such a good book is an exceptionally brilliant person. His novel style of writing manifested in this book keeps readers curious and allows readers to be back in the time of those economic thinkers.  Although...

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Theoretical Research vs. Empirical Research in Economics

Back in Waseda University, I was wondering what a theoretical research in economics is and how different it is from an empirical one. Most students from Cambodia, at least, choose empirical research for both undergraduate and graduate studies. I do not like empirical research because  I would have to look at computer screen with millions of data there. It took me quite a long time to see the difference and finally I chose...

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An Example of Theoretical Research in Economics, Master's Thesis

My Master's paper is not the best paper, nor is it rigorous. It is not published any where else. I publish it here with the sole purpose: to allow you to take it as an example for your research and write a better one. ...

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Rich Dad, Poor Dad

I was curious about finance and surfed the web for the best book for laymen like me. The title came up but I did not dig into it. However, when I walked in different libraries in my graduate school of Waseda University, I frequently saw it in both Japanese and English versions, which means it is seemingly popular. So I decided to read it. I put it in my iPhone, printed out some pages and also borrow the English version from my...

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The Constitution of Liberty

The book as well as the author are well-known but not as one would expect, although the ideas have changed the world in a great extent. Most students of economics do not even know his name. Some professors do hear his name but never actually read his books. That is my experience while I studied in Japan as well as of today when I asked people around me about that... Of course, if you read only textbooks, you would probably never...

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Free to Choose

Prof. Mankiw of Harvard has written two worldly popular textbooks in economics: Principles of Economics and Macroeconomics. There are many universities and professors who use his textbooks in classrooms. In my university, Kobe University, his textbooks are popular for undergraduate and graduate levels. I enormously like his books, and that is where I got to know the book Free to Choose.    In his note on his further...

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Economics in One Lesson

I have no reservation to say that Economics in One Lesson is one of few books in economics that can explain economics in simplest ways for laymen and economists alike. Giant economists such as Adam Smith, John Maynard Keynes and F.A. Hayek were far from being able to do so. This is one of the reasons that I include it in my 5 must read books in economics. Clearly this book is an updated version of Bastiat’s That Which is...

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