<story><title>What to read to understand central banking</title><url>https://www.economist.com/the-economist-reads/2022/09/07/what-to-read-to-understand-central-banking</url></story><parent_chain><item><author>uticus</author><text>Understanding central banking, like so many other things, also means understanding philosophies, worldviews, perceptions, and outlooks. And goals. Especially goals.&lt;p&gt;So yes, read. But my advice: read widely, not naively, because economic theory looks like math from the shoreline but it tastes and feels like philosophy when you dive in.&lt;p&gt;Fun starting point: learning about the different &amp;quot;schools&amp;quot; of economic thought: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;Schools_of_economic_thought&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;Schools_of_economic_thought&lt;/a&gt;</text></item></parent_chain><comment><author>halotrope</author><text>This begs to mention the beloved ft.com 404 page: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.ft.com&amp;#x2F;errors&amp;#x2F;page&amp;#x2F;404&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.ft.com&amp;#x2F;errors&amp;#x2F;page&amp;#x2F;404&lt;/a&gt;</text></comment>
<story><title>What to read to understand central banking</title><url>https://www.economist.com/the-economist-reads/2022/09/07/what-to-read-to-understand-central-banking</url></story><parent_chain><item><author>uticus</author><text>Understanding central banking, like so many other things, also means understanding philosophies, worldviews, perceptions, and outlooks. And goals. Especially goals.&lt;p&gt;So yes, read. But my advice: read widely, not naively, because economic theory looks like math from the shoreline but it tastes and feels like philosophy when you dive in.&lt;p&gt;Fun starting point: learning about the different &amp;quot;schools&amp;quot; of economic thought: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;Schools_of_economic_thought&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;Schools_of_economic_thought&lt;/a&gt;</text></item></parent_chain><comment><author>LeifCarrotson</author><text>This was never more clear to me than when I read Mazzucato&amp;#x27;s &amp;quot;The Value of Everything&amp;quot; and then, immediately after, Krein&amp;#x27;s &amp;quot;The Value of Nothing&amp;quot;.&lt;p&gt;It looks like math, feels like philosophy, and the aftertaste is one of bitter selfish persuasion.</text></comment>