New Books in Economics cover image

Seth Stephens-Davidowitz, "Don't Trust Your Gut: Using Data to Get What You Really Want in LIfe" (Dey Street Books, 2022)

New Books in Economics

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The Secrets of Financial Success That Come From Rube

Economics these days goes away beyond a just kind of certainly goes, who wold be on maco economics or just n things that are money related. The typical rich American is the owner of a regional business such as an auto dealer or beverage distributor. Only a small number of businesses bring a decent % of their owners into the top point one%. There's a lot that clearly plays a role and i think one thing that clearly plays out is having a local monopoly.

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