i t ate out of it my first quarter at u. C l a to 18 and 19 year olds, i would answer every question at the back of each chapter just in case they ast - which they never did. But i thought, this is too hard for these undergrads. And sure enough, i think that was true. When people look at that book, if you leave through it in its physical formit doesn't look like a modern graduate text book because there are not many equations, if any. It's actually a literary work as well as as a text book.
Economist and author David Henderson talks about his book (co-authored with Steve Globerman) The Essential UCLA School of Economics with EconTalk host Russ Roberts. Much of the conversation focuses on the work of Armen Alchian and Harold Demsetz, who both saw economics as a powerful tool for understanding human behavior and how the world works.