<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>davidw</author><text>Something else to be mindful of when reading about economics is that the more centrist, middle of the road, technocrat type of stuff that underpins modern economies tends to not be all that loud on the internet, whereas you get people endorsing more fringe, absolutist theories who make a lot of noise.</text></comment>