SVET’s Economics Must To Read List


Hard Sciences

Biology / Nature

  1. Philosophiae Naturalis Principia Mathematica (Eng), 1713 by Isaac Newton (see also his The Chronology of Ancient Kingdoms) (Quote: The Principia forms the foundation of classical mechanics. It is a derived form of Johannes Kepler's laws of planetary motion EQ:)
  2. On the Origin of Species, 1859 (another copy - txt version and on YouTube) by Charles Darwin (quote: Darwin published his theory of evolution with compelling evidence in his 1859 book On the Origin of Species. By the 1870s, the scientific community and a majority of the educated public had accepted evolution as a fact. However, many favoured competing explanations that gave only a minor role to natural selection, and it was not until the emergence of the modern evolutionary synthesis from the 1930s to the 1950s that a broad consensus developed in which natural selection was the basic mechanism of evolution. eq:)
  3. Relativity: The Special and General Theory, 1905 (and also on YouTube) by Albert Einstein (Q: In your schooldays most of you who read this book made acquaintance with the noble building of Euclid’s geometry, and you remember—perhaps with more respect than love—the magnificent structure, on the lofty staircase of which you were chased about for uncounted hours by conscientious teachers. By reason of our past experience, you would certainly regard everyone with disdain who should pronounce even the most out-of-the-way proposition of this science to be untrue. But perhaps this feeling of proud certainty would leave you immediately if some one were to ask you: “What, then, do you mean by the assertion that these propositions are true?” Let us proceed to give this question a little consideration. EQ:)

Soft Sciences


  1. A Treatise of Human Nature, 1739 (also on YouTube) and Essays Moral, Political, Literary by David Hume ( Hume argued against the existence of innate ideas, positing that all human knowledge derives solely from experience. Hume argued that inductive reasoning and belief in causality cannot be justified rationally; instead, they result from custom and mental habit. An opponent of philosophical rationalists, Hume held that passions rather than reason govern human behaviour, famously proclaiming that "Reason is, and ought only to be the slave of the passions. ... Hume was also a sentimentalist who held that ethics are based on emotion or sentiment rather than abstract moral principle. ... Hume also denied that humans have an actual conception of the self, positing that we experience only a bundle of sensations, and that the self is nothing more than this bundle of causally-connected perceptions.)



  1. Mutual Aid: A Factor of Evolution, 1902 by Pyotr Alexeyevich Kropotkin ( 9 December 1842 – 8 February 1921) (Quote: Kropotkin considers the importance of mutual aid for prosperity and survival in the animal kingdom, in indigenous and early European societies, in the Medieval free cities (especially through the guilds), and in the late 19th century village, labor movement, and poor folk. He criticizes the State for destroying historically important mutual aid institutions, particularly through the imposition of private property. EQ:)
  2. Sociobiology: The New Synthesis, 1975 by E. O. Wilson (another download is here) (Quote: The fundamental principle guiding sociobiology is that an organism's evolutionary success is measured by the extent to which its genes are represented in the next generation. EQ:)
  3. The Structure of Social Action, 1937 by Talcott Parsons (December 13, 1902 – May 8, 1979). Quote: human action must be understood in conjunction with the motivational component of the human act. ... Parsons developed his ideas during a period when systems theory and cybernetics were very much on the front burner of social and behavioral science. In using systems thinking, he postulated that the relevant systems treated in social and behavioral science were "open:" they were embedded in an environment with other systems. For social and behavioral science, the largest system is "the action system," the interrelated behaviors of human beings, embedded in a physical-organic environment ..Parsons' dictum (that higher-order cybernetic systems in history will tend to control social forms that are organized on the lower levels of the cybernetic hierarchy) .. AGIL paradigm .. EQ:
  4. The Dark Side of Modernity (no free downloads) by Jeffrey C. Alexander. Quote (wiki): In sociology, neofunctionalism represents a revival of the thought of Talcott Parsons by Jeffrey C. Alexander ... As Alexander explains, Cultural trauma occurs when members of a collectivity feel they have been subjected to a horrendous event that leaves indelible marks upon their group consciousness, ... EQ:
  5. Theory of Society (no free downloads) by Niklas Luhmann
  6. Ecological economics

  7. Small Is Beautiful: Economics as If People Mattered (1973) by E. F. Schumacher

Art Science

Epics / Legends / Fiction

  1. Epic of Gilgamesh, c. 2100 BC (Quote: The first half of the story discusses Gilgamesh, king of Uruk, and Enkidu, a wild man created by the gods to stop Gilgamesh from oppressing the people of Uruk. After Enkidu becomes civilized through sexual initiation with a prostitute, he travels to Uruk, where he challenges Gilgamesh to a test of strength. Gilgamesh wins the contest; nonetheless, the two become friends. Together, they make a six-day journey to the legendary Cedar Forest, where they plan to slay the Guardian, Humbaba the Terrible, and cut down the sacred Cedar. The goddess Ishtar sends the Bull of Heaven to punish Gilgamesh for spurning her advances. Gilgamesh and Enkidu kill the Bull of Heaven after which the gods decide to sentence Enkidu to death and kill him. In the second half of the epic, distress over Enkidu's death causes Gilgamesh to undertake a long and perilous journey to discover the secret of eternal life. He eventually learns that "Life, which you look for, you will never find. For when the gods created man, they let death be his share, and life withheld in their own hands". Nevertheless, because of his great building projects, his account of Siduri's advice, and what the immortal man Utnapishtim told him about the Great Flood, Gilgamesh's fame survived well after his death with expanding interest in the Gilgamesh story which has been translated into many languages and is featured in works of popular fiction. EQ:)
  2. Nibelungenlied (The Song of the Nibelungs), around 1200 (Quote: The poem is split into two parts: in the first part, Siegfried comes to Worms to acquire the hand of the Burgundian princess Kriemhild from her brother King Gunther. Gunther agrees to let Siegfried marry Kriemhild if Siegfried helps Gunther acquire the warrior-queen Brünhild as his wife. Siegfried does this and marries Kriemhild; however Brünhild and Kriemhild become rivals, leading eventually to Siegfried's murder by the Burgundian vassal Hagen with Gunther's involvement. In the second part, the widow Kriemhild is married to Etzel, king of the Huns. She later invites her brother and his court to visit Etzel's kingdom intending to kill Hagen. Her revenge results in the death of all the Burgundians who came to Etzel's court as well as the destruction of Etzel's kingdom and the death of Kriemhild herself. EQ:)
  3. Kalevala, 1835 by Elias Lönnrot (9 April 1802 – 19 March 1884) (Quote:Kalevala is a 19th-century work of epic poetry compiled by Elias Lönnrot from Karelian and Finnish oral folklore and mythology, telling an epic story about the Creation of the Earth, describing the controversies and retaliatory voyages between the peoples of the land of Kalevala called Väinölä and the land of Pohjola and their various protagonists and antagonists, as well as the construction and robbery of the epic mythical wealth-making machine Sampo. EQ:)


  1. History Of Philosophy:
    1. History of Modern Philosophy, 1912 (a text version) by Alfred W. Benn (Quote: .... EQ:)
    2. A History of Western Philosophy, 1945 by Bertrand Russell (18 May 1872 – 2 February 1970) (Quote: A survey of Western philosophy from the pre-Socratic philosophers to the early 20th century, it was criticised for Russell's over-generalization and omissions, particularly from the post-Cartesian period EQ:)
  2. Tao Te Ching by Lao Tzu (6th-century BC) Quote: The Tao Te Ching, along with the Zhuangzi, is a fundamental text for both philosophical and religious Taoism. EQ:)
  3. The Sayings by Confucius ( 551–479 BCE)(Quote:Confucius is traditionally credited with having authored or edited many of the Chinese classic texts, including all of the Five Classics. ... The Five Classics are: Classic of Poetry: A collection of 305 poems divided into 160 folk songs, 105 festal songs sung at court ceremonies, and 40 hymns and eulogies sung at sacrifices to heroes and ancestral spirits of the royal house; Book of Documents: A collection of documents and speeches alleged to have been written by rulers and officials of the early Zhou period and before. It is possibly the oldest Chinese narrative, and may date from the 6th century BC. It includes examples of early Chinese prose; Book of Rites: Describes ancient rites, social forms and court ceremonies. The version studied today is a re-worked version compiled by scholars in the third century BC rather than the original text, which is said to have been edited by Confucius himself; Ching (Book of Changes): The book contains a divination system comparable to Western geomancy or the West African Ifá system. In Western cultures and modern East Asia, it is still widely used for this purpose; Spring and Autumn Annals: A historical record of the State of Lu, Confucius's native state, 722–481 BC. EQ:)
  4. The Republic, 375 BC by Plato (Quote: In the dialogue, Socrates talks with various Athenians and foreigners about the meaning of justice and whether the just man is happier than the unjust man. They consider the natures of existing regimes and then propose a series of different, hypothetical cities in comparison, culminating in Kallipolis (Καλλίπολις), a utopian city-state ruled by a philosopher-king. EQ:)
  5. Meditations by Marcus Aurelius Antoninus (26 April 121 – 17 March 180) (Quote: It's private notes to himself and ideas on Stoic philosophy. A central theme to Meditations is the importance of analyzing one's judgment of self and others and developing a cosmic perspective. Aurelius advocates finding one's place in the universe and sees that everything came from nature, and so everything shall return to it in due time. Another strong theme is of maintaining focus and to be without distraction all the while maintaining strong ethical principles such as Being a good man. EQ:)
  6. Confessions, AD 397 by Augustine of Hippo (13 November 354 – 28 August 430) (Quote:The work is not a complete autobiography, as it was written during Saint Augustine's early 40s and he lived long afterwards, producing another important work, The City of God. Nonetheless, it does provide an unbroken record of his development of thought and is the most complete record of any single person from the 4th and 5th centuries. It is a significant theological work, featuring spiritual meditations and insights. In the work, Augustine writes about how he regrets having led a sinful and immoral life. He discusses his regrets for following the Manichaean religion and believing in astrology. He writes about his friend Nebridius's role in helping to persuade him that astrology was not only incorrect but evil, and Saint Ambrose's role in his conversion to Christianity. The first nine books are autobiographical and the last four are commentary and significantly more philosophical. He shows intense sorrow for his sexual sins and writes on the importance of sexual morality. The books were written as prayers to God, thus the title, based on the Psalms of David; and it begins with "For Thou hast made us for Thyself and our hearts are restless till they rest in Thee."[4] The work is thought to be divisible into books which symbolize various aspects of the Trinity and trinitarian belief. EQ:)
  7. Summa Theologica by Thomas Aquinas (1225–1274) (Quote: The Summa Theologiae intended to explain the Christian faith to beginning theology students. EQ:)
  8. The Prince, 1513 by Niccolo Machiavelli (3 May 1469 – 21 June 1527) (Quote: The general theme of The Prince is of accepting that the aims of princes – such as glory and survival – can justify the use of immoral means to achieve those ends EQ:)
  9. Principles of Philosophy, 1644 by René Descartes (31 March 1596 – 1650) (Quote: The book sets forth the principles of nature—the Laws of Physics—as Descartes viewed them. Most notably, it set forth the principle that in the absence of external forces, an object's motion will be uniform and in a straight line. EQ:)
  10. Ethics, Demonstrated in Geometrical Order, 1677 by Baruch Spinoza (24 November 1632 – 21 February 1677) (Quote: The book is perhaps the most ambitious attempt to apply the method of Euclid in philosophy. Spinoza puts forward a small number of definitions and axioms from which he attempts to derive hundreds of propositions and corollaries, such as "When the Mind imagines its own lack of power, it is saddened by it" and "The human Mind cannot be absolutely destroyed with the Body, but something of it remains which is eternal. EQ:)
  11. The Social Contract, 1762 by Jean-Jacques Rousseau (28 June 1712 – 2 July 1778) (Quote:The Social Contract argued against the idea that monarchs were divinely empowered to legislate. Rousseau asserts that only the people, who are sovereign, have that all-powerful right.EQ:)
  12. The Critique of Pure Reason, 1781 by Immanuel Kant (22 April 1724 – 1804) (Quote: Kant builds on the work of empiricist philosophers such as John Locke and David Hume, as well as rationalist philosophers such as Gottfried Wilhelm Leibniz and Christian Wolff. He expounds new ideas on the nature of space and time, and tries to provide solutions to the skepticism of Hume regarding knowledge of the relation of cause and effect and that of René Descartes regarding knowledge of the external world. This is argued through the transcendental idealism of objects (as appearance) and their form of appearance. Kant regards the former "as mere representations and not as things in themselves", and the latter as "only sensible forms of our intuition, but not determinations given for themselves or conditions of objects as things in themselves". This grants the possibility of a priori knowledge, since objects as appearance "must conform to our cognition...which is to establish something about objects before they are given to us EQ:)
  13. The Phenomenology of Spirit, 1807 by Georg Wilhelm Friedrich Hegel (27 August 1770 – 14 November 1831) (Quote: Hegel's principal achievement was the development of a distinctive articulation of idealism, sometimes termed absolute idealism, in which the dualisms of, for instance, mind and nature and subject and object are overcome. In contrast to Immanuel Kant, who believes that the subject imposes rational a priori pure concepts of understanding upon the sense-data of intuitions, Hegel believes that the pure concepts are grounded in reality itself. Pure concepts are not applied subjectively to sense-impressions, but rather things exist for their concept. The unity of concept and reality is the Idea. EQ:)
  14. The World as Will and Representation, 1818 by Arthur Schopenhauer (22 February 1788 – 21 September 1860) (Quote:Taking the transcendental idealism of Immanuel Kant as his starting point, Schopenhauer argues that the world humans experience around them—the world of objects in space and time and related in causal ways—exists solely as "representation" (Vorstellung) dependent on a cognizing subject, not as a world that can be considered to exist in itself (i.e. independently of how it appears to the subject's mind). One's knowledge of objects is thus knowledge of mere phenomena rather than things-in-themselves. Schopenhauer identifies the thing-in-itself—the inner essence of everything—as will: a blind, unconscious, aimless striving devoid of knowledge, outside of space and time, and free of all multiplicity. The world as representation is, therefore, the "objectification" of the will. Aesthetic experiences release a person briefly from his endless servitude to the will, which is the root of suffering. True redemption from life, Schopenhauer asserts, can only result from the total ascetic negation of the "will to life". Schopenhauer notes fundamental agreements between his philosophy, Platonism, and the philosophy of the ancient Indian Vedas. EQ:)
  15. The Concept of Anxiety, 1844 by Soren Aabye Kierkegaard (5 May 1813 – 11 November 1855) (Quote: Kierkegaard mentions that anxiety is a way for humanity to be saved. Anxiety informs us of our choices, our self-awareness and personal responsibility, and brings us from a state of un-self-conscious immediacy to self-conscious reflection. EQ:)
  16. Thus Spoke Zarathustra: A Book for All and None, 1883 by Friedrich Nietzsche (15 October 1844 – 1900) (Quote: Thus Spoke Zarathustra "has contributed most to the public perception of Nietzsche as philosopher – namely, as the teacher of the 'doctrines' of the will to power, the overman and the eternal return" EQ:)
  17. Being and Time, 1927 by Martin Heidegger (26 September 1889 – 26 May 1976)(Quote: The book attempts to revive ontology through an analysis of Dasein, or "being-in-the-world." It is also noted for an array of neologisms and complex language, as well as an extended treatment of "authenticity" as a means to grasp and confront the unique and finite possibilities of the individual. EQ:)
  18. Being and Nothingness: An Essay on Phenomenological Ontology, 1943 by Jean-Paul Sartre (21 June 1905 – 15 April 1980) (Quote: In Sartre's account, man is a creature haunted by a vision of "completion" (what Sartre calls the ens causa sui, meaning literally "a being that causes itself"), which many religions and philosophers identify as God. Born into the material reality of one's body, in a material universe, one finds oneself inserted into being. ... Sartre develops the idea that there can be no form of self that is "hidden" inside consciousness. EQ:)
  19. Discipline and Punish, 1975 by Paul-Michel Foucault (15 October 1926 – 25 June 1984) (Quote: It is an analysis of the social and theoretical mechanisms behind the changes that occurred in Western penal systems during the modern age based on historical documents from France. Foucault argues that prison did not become the principal form of punishment just because of the humanitarian concerns of reformists. He traces the cultural shifts that led to the predominance of prison via the body and power. Prison is used by the "disciplines" – new technological powers that can also be found, according to Foucault, in places such as schools, hospitals, and military barracks EQ:)
  20. The Rebel, 1951 by Albert Camus (7 November 1913 – 4 January 1960) (Quote: Examining both rebellion and revolt, which may be seen as the same phenomenon in personal and social frames, Camus examines several' countercultural' figures and movements from the history of Western thought and art, noting the importance of each in the overall development of revolutionary thought and philosophy. He analyses the decreasing social importance of the king, god and of virtue and the development of nihilism. EQ:) also The Stranger (L'Etranger), 1942 (Quote: The title character is Meursault, an indifferent French settler in Algeria described as "a citizen of France domiciled in North Africa, a man of the Mediterranean, an homme du midi yet one who hardly partakes of the traditional Mediterranean culture." Weeks after his mother's funeral, he kills an Arab man in French Algiers, who was involved in a conflict with one of Meursault's neighbors. Meursault is tried and sentenced to death. The story is divided into two parts, presenting Meursault's first-person narrative view before and after the murder, respectively. EQ:)

Practical Science

Management / Law

  1. Complete Works by Montesquieu or Charles Louis de Secondat, Baron de La Brède et de Montesquieu (He is the principal source of the theory of separation of powers) also his work on YouTube
  2. The Federalist (also on YouTube) by Alexander Hamilton, James Madison, and John Jay In Federalist No. 10, Madison discusses the means of preventing rule by majority faction and advocates a large, commercial republic. This is complemented by Federalist No. 14, in which Madison ... declares it appropriate for an extended republic, and concludes with a memorable defense of the constitutional and political creativity of the Federal Convention. In Federalist No. 84, Hamilton makes the case that there is no need to amend the Constitution by adding a Bill of Rights, insisting that the various provisions in the proposed Constitution protecting liberty amount to a "bill of rights." Federalist No. 78, also written by Hamilton, lays the groundwork for the doctrine of judicial review by federal courts of federal legislation or executive acts. Federalist No. 70 presents Hamilton's case for a one-man chief executive. In Federalist No. 39, Madison presents the clearest exposition of what has come to be called "Federalism". In Federalist No. 51, Madison distills arguments for checks and balances in an essay often quoted for its justification of government as "the greatest of all reflections on human nature.

Politics / Wars (Featured)

  1. Politics, by Aristotle (Quote: Aristotle believed that although communal arrangements may seem beneficial to society, and that although private property is often blamed for social strife, such evils in fact come from human nature. In Politics, Aristotle offers one of the earliest accounts of the origin of money.Money came into use because people became dependent on one another, importing what they needed and exporting the surplus. For the sake of convenience, people then agreed to deal in something that is intrinsically useful and easily applicable, such as iron or silver) EQ:
  2. Leviathan or The Matter, Forme and Power of a Commonwealth Ecclesiasticall and Civil, 1651 by Thomas Hobbes (5 April 1588 – 4 December 1679) (Quote: The work concerns the structure of society and legitimate government, and is regarded as one of the earliest and most influential examples of social contract theory. Written during the English Civil War (1642–1651), it argues for a social contract and rule by an absolute sovereign. Hobbes wrote that civil war and the brute situation of a state of nature ("the war of all against all") could be avoided only by strong, undivided government. EQ:)
  3. About War by Carl von Clausewitz (Quote: He stressed the dialectical interaction of diverse factors, noting how unexpected developments unfolding under the "fog of war" ... Clausewitz analyzed the conflicts of his time along the line of the categories Purpose, Goal and Means. ... War is a mere continuation of politics by other means .. EQ:)
  4. God and the State : (PDF) Author: Mikhail Alexandrovich Bakunin ; Date: 1882. Bakunin was born in Russia and went to prison there for opposing Russia's occupation of Poland. Bakunin knew Karl Marx but didn't like Marxism (especially ' dictatorship of the proletariat' part of it) and for that Marxists expelled him from the First International. Bakunin become one of the first anarchists and fought for his ideals on streets of Dresden, Lyon and Bologna. His God and the State is a non-finished, sometimes disjoined critique of a state sponsored religion. (YouTube)
  5. The Conquest of Bread by Pyotr Alexeyevich Kropotkin
  6. What is Property? (also on LibriVox) by Pierre-Joseph Proudhon
  7. On Liberty, 1859by John Stuart Mill (20 May 1806 – 7 May 1873) (Quote: it applies Mill's ethical system of utilitarianism to society and state. Mill suggests standards for the relationship between authority and liberty. He emphasizes the importance of individuality, which he considers prerequisite to the higher pleasures—the summum bonum of utilitarianism. Furthermore, Mill asserts that democratic ideals may result in the tyranny of the majority. Among the standards proposed are Mill's three basic liberties of individuals, his three legitimate objections to government intervention, and his two maxims regarding the relationship of the individual to society. EQ:)
  8. Walden (also on YouTube) by Henry David Thoreau: In our days we would call Thoreau 'a down shifter'. He was, in fact, one of the first ones. Living in a cabin Reading Walden you can start hating your office job so be warned :)
  9. Anarchy, State, and Utopia (1974) by Robert Nozick (also download pdf)
  10. Post-Scarcity Anarchism (1971) by Murray Bookchin also on YouTube
  11. The Man Versus the State (1884) by Herbert Spencer (also download pdf)
  12. Two Treatises of Government, 1689 by John Locke (29 August 1632 – 1704) (Quote: The First Treatise is focused on the refutation of Sir Robert Filmer, in particular his Patriarcha, which argued that civil society was founded on a divinely sanctioned patriarchalism. Locke proceeds through Filmer's arguments, contesting his proofs from Scripture and ridiculing them as senseless, until concluding that no government can be justified by an appeal to the divine right of kings. The Second Treatise outlines a theory of civil society. Locke begins by describing the state of nature, a picture much more stable than Thomas Hobbes' state of "war of every man against every man," and argues that all men are created equal in the state of nature by God. From this, he goes on to explain the hypothetical rise of property and civilization, in the process explaining that the only legitimate governments are those that have the consent of the people. Therefore, any government that rules without the consent of the people can, in theory, be overthrown. EQ:)
  13. American power and the new mandarins (1969) by Noam Chomsky
  14. ... by ... (Quote: .... EQ:)

Economics / Finance / Banking

  1. The Wealth of Nations by Adam Smith
  2. The Alchemy Of Finance by George Soros
  3. Economic Harmonies by Frédéric Bastiat ( Bastiat developed the economic concept of opportunity cost and introduced the parable of the broken window) see also (The Law (on Youtube)
  4. A Treatise on Political Economy by Jean-Baptiste Say (a liberal French economist and businessman who argued in favor of competition, free trade and lifting restraints on business. He is best known for Say's law—also known as the law of markets)
  5. Principles of Political Economy and Taxation, 1817 by David Ricardo (British political economist, one of the most influential of the classical economists .. Ricardo argued for a central bank ... David Ricardo worked to fix the issues he felt were most concerning with Adam Smith’s Labour Theory of Value. Both men worked with the assumption that land, labour, and capital were the three basic factors of production. However, Smith narrowed in on labour as the determinant of value. Ricardo believes that with production having 3 main factors it is impossible for only one of them to determine value on its own. Ricardo illustrates his point by adapting Smith's deer beaver analogy to show that even when labour is the only factor of production the hardship and tools of the labour will drive a wedge in the relative value of the good. .. He defined rent as "the difference between the produce obtained by the employment of two equal quantities of capital and labour." ... In his Theory of Profit, Ricardo stated that as real wages increase, real profits decrease because the revenue from the sale of manufactured goods is split between profits and wages. ... Ricardo suggested that there is mutual national benefit from trade even if one country is more competitive in every area than its trading counterpart and that a nation should concentrate resources only in industries where it has a comparative advantage. .. Ricardo attempted to prove theoretically that international trade is always beneficial. Paul Samuelson called the numbers used in Ricardo's example dealing with trade between England and Portugal the "four magic numbers. ... Ricardo was concerned about the impact of technological change on labour in the short-term)
  6. The Theory of Political Economy, 1871 by William Stanley Jevons (the start of the mathematical method in economics ... The theory of utility = that the degree of utility of a commodity is some continuous mathematical function of the quantity of the commodity available,
  7. Capital: A Critique of Political Economy, 1867 by Karl Heinrich Marx (5 May 1818 – 14 March 1883) (Quote: Marx aimed to reveal the economic patterns underpinning the capitalist mode of production in contrast to classical political economists such as Adam Smith, Jean-Baptiste Say, David Ricardo and John Stuart Mill. EQ:)
  8. The Austrian School (click to see the full list)

    Institutional economics

    1. The Theory of the Leisure Class by Thorstein Veblen; Date: 1899 Veblen propose to us the 'conspicuous consumption' excuse for a Black Friday's buyers frenzy behavior.
    2. Business cycles by Wesley Clair Mitchell; Date 1913;
    3. Institutional Economics (1934) (no text available) by John R. Commons; (a link to Lessons of New Institutional Economics for Development on YT
    4. The Modern Corporation and Private Property (1932) Adolf A. Berle with Gardiner C. Means
    5. The New Industrial State (1967) (no text)by John Kenneth Galbraith
    6. Kicking Away the Ladder: Development Strategy in Historical Perspective (2002) by Ha-Joon Chang
    7. Economics and Institutions: A Manifesto for a Modern Institutional Economics (1988) (no text) by Geoffrey Martin Hodgson
    8. The History of Economic Theories (no free downloads) Lars Palsson Syll

    New institutional economics

    1. Markets And Hierarchies: Analysis And Antitrust Implications by Oliver E. Williamson other of his work - Transaction-Cost Economics: The Governance of Contractual Relations
    2. ... by ... (Quote: .... EQ:)


    1. Bacteria Growth Time Lapse
    2. The Evolution of Bacteria on a “Mega-Plate” Petri Dish (Kishony Lab): that is why human generations come in distinct waves - not as a river flow. As barriers make bacterias to mutate - bureaucratic boundaries select few individuals to led their societies.
    3. Bacteria and fungi time-lapse: that is how civilizational boundaries are formed
    4. A SIMPLE MATHEMATICAL MODEL FOR THE RISE AND FALL OF CIVILIZATIONS Tamas Sandor Bıro (January 4, 2008): very simple model indeed, it doesn't include conflicts with other civilization, technological progress, bureaucratization etc - only population natural growth (birth) and consumed resources).
    5. Can Math Predict the Rise and Fall of Empires? (article in Popular Mechanic): Sergey Gavrilets (he worked with Peter Turchin) shows that model is very close to real facts.
    6. Quote (Google search for - how you call bacteria generations?) see also Wiki for Bacterial growth: 1) Bacterial colonies progress through four phases of growth: the lag phase, the log phase, the stationary phase, and the death phase. The generation time, which varies among bacteria, is controlled by many environmental conditions and by the nature of the bacterial species. 2) The rate of exponential growth of a bacterial culture is expressed as generation time, also the doubling time of the bacterial population. Generation time (G) is defined as the time (t) per generation (n = number of generations). Hence, G=t/n is the equation from which calculations of generation time (below) derive. 3) Bacteria replicate by binary fission, a process by which one bacterium splits into two. ... Generation time is the time it takes for a population of bacteria to double in number. For many common bacteria, the generation time is quite short, 20-60 minutes under optimum conditions 4) A generation is "all of the people born and living at about the same time, regarded collectively." It can also be described as, "the average period, generally considered to be about 20–⁠30 years, during which children are born and grow up, become adults, and begin to have children. 5) Definition. noun, plural: batch cultures. A large-scale closed system culture in which cells are grown in a fixed volume of nutrient culture medium under specific environmental conditions (e.g. nutrient type, temperature, pressure, aeration, etc.) 6) Bacterial growth is proliferation of bacterium into two daughter cells, in a process called binary fission. Providing no event occurs, the resulting daughter cells are genetically identical to the original cell. Hence, bacterial growth occurs. EQ:
    7. ... by ... (Quote: .... EQ:)

    Intermarket Trading Course

    Course Agenda:

    • Introduction to Macroeconomic Trading and Intermarket Analysis
    • Understanding Business Cycles and Economic Indicators
    • Analyzing Relationships Between Asset Classes (Stocks, Bonds, Commodities, Currencies)
    • The Impact of Inflation and Deflation on Markets
    • Trading Strategies Based on Interest Rates and Monetary Policy
    • Interpreting Economic Data Releases and Their Market Impact
    • Identifying Market Turning Points Using Intermarket Analysis
    • Risk Management and Portfolio Diversification Strategies
    • Case Studies and Real-World Examples
    • Course Review and Final Assessment

    Topics Covered:

    • Intermarket analysis principles and techniques
    • Major economic indicators and their significance
    • Relationships between stocks, bonds, commodities, and currencies
    • Effects of inflation, deflation, and business cycles on markets
    • Central bank policies and their influence on asset classes
    • Interpreting economic data releases (GDP, employment, inflation, etc.)
    • Identifying market trends and potential reversals
    • Trading strategies based on macroeconomic factors
    • Risk management and portfolio diversification strategies
    • Technical analysis tools for macroeconomic trading

    Recommended Literature:

    • "Intermarket Analysis: Profiting from Global Market Relationships" by John J. Murphy
    • "Trading with Intermarket Analysis: A Visual Approach to Beating the Financial Markets Using Exchange-Traded Funds" by John J. Murphy
    • "Intermarket Analysis Cheat Sheet" by
    • "The Trader's Guide to Key Economic Indicators" by Richard Yamarone
    • "Mastering the Market Cycle: Getting the Odds on Your Side" by Howard Marks
    • "The Alchemy of Finance" by George Soros
    • "The Signal and the Noise: Why So Many Predictions Fail – but Some Don't" by Nate Silver
    • "The Econometric Analysis of Seasonal Time Series" by Eric Ghysels and Denise R. Osborn
    • "Macroeconomics and the Markets" by David Wessel
    • "The Econometrics of Financial Markets" by John Y. Campbell, Andrew W. Lo, and A. Craig MacKinlay

Also see SVET Must To Read Crypto List and Fiction, plus Philosophy

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  • Security (safety): for defenders (
    - The Protector: Warm-hearted and dedicated, they are always ready to protect the people they care about.
  • Velocity (scalability): for megalomaniacs (
    - The Commander: Outspoken and confident, they are great at making plans and organizing projects.
  • Engineering (design): for geeks (
    - The Architect: High logical, they are both very creative and analytical.
  • Transparency (decentralization): for crypto punks (
    - The Crafter: Highly independent, they enjoy new experiences that provide first-hand learning.
  • Singularity (uniqueness): for Individualists (
    - The Artist: Easy-going and flexible, they tend to be reserved and artistic.
  • Volume (market): for Globalists (
    - The Performer: Outgoing and spontaneous, they enjoy taking center stage.
  • Empathy (enthusiasm): for Tribes (
    - The Persuader: Out-going and dramatic, they enjoy spending time with others and focusing on the here-and-now.
  • TimeLine (road-map): for Visionaries (
    - The Mediator: Idealistic with high values, they strive to make the world a better place.
  • Solution (business): for Dealmakers (
    - The Director: Assertive and rule-oriented, they have high principles and a tendency to take charge.
  • Validity (legality): for Lawyers (
    - The Inspector: Reserved and practical, they tend to be loyal, orderly, and traditional.
  • Equity (finance): For Venture Capitalists (
    - The Advocate: Creative and analytical, they are considered one of the rarest types.
  • Team: for Friends (
    - The Caregiver: Soft-hearted and outgoing, they tend to believe the best about other people.
  • Sustainability (stability): for Sages (
    - The Thinker: Quiet and introverted, they are known for having a rich inner world.
  • Value (venture): for Adventurers (
    - The Debater: Highly inventive, they love being surrounded by ideas and tend to start many projects (but may struggle to finish them).
  • Engagement (usability): for Pragmatics (
    - The Giver: Loyal and sensitive, they are known for being understanding and generous.
  • Transactions (speed): for Travelers (
    - The Champion: Charismatic and energetic, they enjoy situations where they can put their creativity to work.

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