/lit/ - Literature

No better place to start.

>>20875286
You'll have better luck asking on the /lang/ general on >>>/int/169726567

Well? Was he right?

I just finished this. Holy hell /lit/, what a read, what a read. It is by far the most informative book I've ever read. I feel like Neo after he finally understands the Matrix at the end of the first movie. I know what wealth is, how wages and rent are determined, the different classes of society, what money is and so much more. Why is this book not taught in every high school in the world?
One thing concerns me though. How much of this feeling is a result of actual understanding and how much is a result of the Dunning-Kruger effect? For example, I've read that Austrian economics disagrees with Smith on many points.
Another thing, this book says that capital goes into the most productive channels of its own accord, and there is no need for government to intervene. But look at the crypto craze; right now, more electricity is used to mine bitcoin than the entire power usage of Argentina. Ordinary people have put billions of dollars of their savings into unproductive 1s and 0s. Isn't this proof that capital does not flow into the most productive channels of its own accord? Shouldn't it be possible to do better as a society?

>>17517492
>"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."
It has been a known fact for literal centuries that businesses prefer to collude and conspire against the public to their own mutual benefit rather than compete and thus benefit the general public at the expense of each other.

So....is this a good place to start to strike up intellectual debates with commies on internet?

Hi, /lit/. I am looking into ways to begin investing. I have a vague understanding of investing and economics in general, but I don’t want to dive into investing without having a decent understanding of the topic first.
I was wondering if there were any works in particular that I should study before I begin investing. Thanks.

wtf im a marxist now

is this still relevant?

wtf i love capitalism now

I’ve never studied any type of economics, should I start with this?

Why do so many people still waste their time on fiction when their time would objectively be better spent accruing applicable information to their lives and developing a proper understanding of the world in which they live?

Economics, Psychology, Sociology, Kinesiology, Nutrition, Philosophy, Language... there's a wealth of information from many sources around the globe that can make you a much more productive, useful member of society, and yet you choose to indulge escapism and read adult fairy tales?

>>12364966
> blocks your path