I came up with this book while reading some economy-related articles in Internet. I found the English version in the library, which is lucky considering that I am in Korea. This is a very well written book with good examples that you can reuse, with good analysis on what has been going on, and with some insights on what should be done to correct the problems.

It is easy to believe that Economy is a difficult task (this is why we have a Nobel Prize on this subject). On the other hand, I think this subject is still developing. To me, mathematics is much more difficult subject than economy. But many think mathematics controllable since we have solved many problems in mathematics (thanks to many great mathematicians).  Economy is still a developing subject. And now I believe that we are learning that economy is not for a few but for many. Such new terms as inequality, moral hazard, and growth without employment are just a few examples on how differently people started to view economy.

Personally, the solutions that the author suggested in the book are only microscale. We need to acknowledge that we are entering a new paradigm.

The following are the ones that caught my eyes:

IBG (I will be gone if it doesn’t work)

Good schools inculcate values that serve students well in later life.