Kudos for the 2008 edition of the book entitled "The Mind of the Market" by Michael Shermer. Henry Holt Co.,New York. I read such great magnum opus with admiration.
Economics is not just about money. It is also about human nature, just is virtue economics,trust and happiness. Michael Shermer shows that the real experts of Homo economicus,the bedrock of traditional economics are often found in psychology, biology, even primatology. I would add: Philosophy consisting of custom, tradition and lifestyle of the folks of a nation. Dinesh O'Souza wrote: "Written with verve and flair,"The Mind of the Market" is Michael Shermer at his best." Markets are move and that free trade meshes well with human nature. Here I would like to point out the Law of Comparative Advantage. He deepens the argument for economic,political and social freedom. My comment: Such desirable serendipity is being exhibited in China as evidence of China's market system to serve consumers of the human society in the 21st century apropos of trade under the guidelines of WTO.
Postlude: "Almost Everyone's Guide to Economics" by John K. Galbraith. A book review was published in the Atlantic Economic Journal,September 1979.
"Keys for Economic Understanding" Such work stresses training for marketable skills as human capital for the genuine pursuit of economic wellbeing of humankind.
Francis Shieh a.k.a. Xie Shihao. December 25, 2007
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