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Ron  B

Ron B

"How many a man has dated a new era in his life from the reading of a book."
-Henry David Thoreau

"A man without a favorite author is a lost soul. He remains an unimpregnated ovum, an unfertilized pistil. One’s favorite author…is pollen for his soul."
–Lin Yutang, The Importance of Living, 1937

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  • CA, USA
  • member since December 31 2007

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  1. Create Your Own Economy: The Path to Prosperity in a Disordered World

    Ron B edited the summary of Create Your Own Economy: The Path to Prosperity in a Disordered World Sunday, August 2 2009.

    • I like Tyler Cowen, he's thought-provoking, even if a little off-beat for an economist. Like his prior book, Discover Your Inner Economist, this latest one is also an unusual, but thought-provoking read. Cowen blogs at www.marginalrevolution.com, an excellent source for those of us who subscribe to Austrian economics.

      Cowen states that more and more production is moving from the factory floor to the interior of the human mind--what we term knowledge workers. We are becoming "infovores" through our access to the Internet and its endless supply of information. We are receiving less units of cultural information, as we can now tailor the information we receive to our own interests, wants, and desires. Cowen argues rather than debasing the culture, this is actually a positive trend. I agree. The idea that we are becoming less informed because we all don't watch Walter Concrokite anymore is nonsense. The explosion of information allows us to move higher up the culture, rather than a media pandering to the lowest common denominator (though that no doubt still takes place). But as George Gilder pointed out, so what? Culture has always been full of crap. But I can now learn about art, science, religion, etc., much easier than ever, simply by watching lectures on YouTube.

      Cowen inserts a very interesting theme in this work: autism. He discusses how people with autism assemble, categorize and process information, and how the Internet helps them do this. It's a fascinating discussion, including the list of people who have autism, both now and historically. As we become more equipped to entertain, inform, and educate ourselves, it will be easier to create your own economy.

      This book probably won't be enjoyed by everyone, since it rambles and doesn't seem to match the title. But I still enjoyed it. You can tell that Cowen learned quite a bit researching and writing it, which I appreciate. After all, one objective of writing is to learn what you think. And this book will make you think.

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