Which one of you niggers has read this book?
It's pretty good, right?
It can be found here: https://libcom.org/files/__Debt__The_First_5_000_Years.pdf
Ive read so many economic/finance books in the last two years (I had a huge increase in income), and I have to say the three best were Devil Takes the Hindmost, A Random Walk down Wallstreet, and the finance pamphlet by W. Bernstein for millennials:
thanks for the recs. Personally I got started in personal finance with this book: http://www.amazon.com/Securing-Your-Financial-Future-Beginners/dp/1442214228 which is a handy guide to the different types of investment vehicles and iras
Its on my longlist, its just hard to get going on it and Piketty. I just dont care, I try to stay out of debt (aside from student loans which are in IBR and my mortgage) and put my money in mutual funds.
The fundamentals for personal investment are the same (for the everyyman)
1. Think long term
2. Invest in low cost index funds, with Vanguard being the cheapest
3. Your age in a bond index (So if you were 20, 80% Equity/Stock index: 20% Bond Index)
4. If the market tanks, buy more.
5. Avoid fads and get rich quick schemes, like bitcoins or stock tips
Clearly this is different for a day trader, but thats not me.
I have read it. It is okay. There was a symposium on it over at crooked timber after it came out. Let me go find it. Lots of good stuff, and when Graeber is given a chance to respond to criticism he completely sits the bed and starts personally attacking everyone that questions particular claims our evidence he provides. It's a great lesson in how not to behave in public.