M. Zabinski

(REAL NAME)
 
Helpful votes received on reviews: 91% (21 of 23)
 

Reviews

Top Reviewer Ranking: 3,237,786 - Total Helpful Votes: 21 of 23
How an Economy Grows and Why It Crashes: Two Tales&hellip by Peter D. Schiff
19 of 21 people found the following review helpful
5.0 out of 5 stars Clever, amusing, true, 27 May 2010
The Schiffs write an extraordinary tale of - as the title suggests - economy, and supplement almost every single page by Brendan Leach's cartoon illustrations, which make the book light reading for non-economists.

The book is divided into 17 short, yet cleverly connected chapters. It starts with Able, Baker and Charlie, the only inhabitants of a small island, and finishes up with large society with a government. The twists and turns of their lives on the islet are described in an amusing way, really. You will find out how they produce wealth, how they invest, how loans are created, how joint venture arises, how barter is replaced by money, how specialization (leading to… Read more
Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein
1 of 1 people found the following review helpful
5.0 out of 5 stars Truly remarkable book!, 17 May 2010
Peter L. Bernstein writes in an extraordinary, fully pleasurable way about science. Yet the book is not a financier's guide, nor a popular-science publication. It is an academic masterpiece for those who are really interested in this subject.

In the very well structured book, the author shows a reader around the birth of statistics and its modern applications on risk modelling in economics and finance. Mr Bernstein tells a story of dozens, if not hundreds, of ideas: from basics such as Bernoulli's theorem; through familiar concepts of test statistic, or non-rejecting (or rather failing to rejecting) hypothesis; to pearls such as "Quetelismus" (which was coined by Francis Ysidro… Read more
Freakonomics: A Rogue Economist Explores the Hidde&hellip by Steven D. Levitt
1 of 1 people found the following review helpful
Reading dozens books a year, it rarely happens that I put an unread book back on the shelf. OK, it almost never happens, yet this time it did happen - on page 52 I gave up.

After reading "Predictably Irrational: The Hidden Forces that Shape Our Decisions" by Dan Ariely, which I tremendously enjoyed, I searched for another book from the subject on, let me use this phrase, popular economics. This time I also watched a speech of Steven D. Levitt on TED. It was funny, thence I thought that the book "Freakonomics" would not be less amusing than its author. And this is what the book is like: humorous. Full stop. Apart from the… Read more

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