Economix moar check5/8/2023 ![]() Which is one reason this book has relatively little economic theory in it.įor instance, Paul Krugman, who’s to the left of most of the mainstream of economics, has only recently come around to the idea that power matters. ![]() , panel 4: The idea that power matters might seem obvious, but it contradicts a decent amount of economic theory. I suck.Īnd now: To the references! (This is a very long document, but you can search on, for instance, “page 204” to get where you need.) Also, the page references still apply to the English edition but have gone wacky compared to some other editions. The lesson here is don’t trust dinosaurs.ĮDIT again: p134 panel 3: the GATT was not negotiated at Bretton Woods. ” That is, World War 2 didn’t start with Hitler attacking the USSR, but the truly global phase of the war (which until then had been largely confined to Europe and a small bit of North Africa) did.ĮDIT April 6, 2015: Reader Robert Riehemann points out that dinosaur on page 44, panel 3 is lying–coal is plant matter rather than dinosaur meat. I must have read that a hundred times and in my head it always read “interest.”ħ), panel 1, in the timeline: The Ukraine famine went from 1932-33, not 1932-39.įinally, reader Antoine Didisheim pointed out that page 129 panel 1 is phrased poorly it should have been “. This was my own math error, not my source.ģ) The Newcomen engine was first placed in a mine in 1712, not 1704.Ĥ) People won the Nobel Prize (in economic science, which is like the redheaded stepchild of the real Nobel Prizes) for figuring out what derivatives were worth in the 1990s, not the 1980s.ĥ) The Adam Smith quote on page 231 should read “vices and follies,” not “follies and vices.” My mistake.Ħ) Greenspan didn’t keep exchange rates stable in the Clinton years he kept interest rates stable. Yep, I cut it by a factor of ten and it still sounded unreasonable. It had built the equivalent of a million. Curse you, original source!Ģ) The Pentagon hadn’t built the equivalent of 100,000 Hiroshima-size nukes by 1960. Next, I’m assured that these have been fixed for the sixth printing, but if you have printings 1-5, you must suffer with:ġ) The first Mexico bailout was 1982, not 1984. It’s more annoying because I was careful with the distinction between Russia and the USSR, which matters less. There’s no excuse–I know the differences, I just got sloppy. Second, a UK Amazon review pointed out that I keep screwing up the distinction between Britain, the UK, and England. See the discussion in the references to that panel. Note that this list is still being tweaked–there have been some formatting changes and suchlike, and a couple of books are lost somewhere in my apartment.įinally, let’s start this off with a complete list of errata.įirst off, my quote of James Watt, p217 panel 5, is unfair. I’m serious-it gratifies me when someone actually cares. Some things I left unreferenced because they’re common knowledge if you think otherwise and want a reference (or if you think a reference is insufficient and want a better one), please feel free to contact me. ![]() ![]() Economix covers a lot of ground and draws on many sources (see the Further Reading section for a partial list). In many cases I came across the same fact in a million places these are generally referenced to where I happened to come across them. ![]()
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