51 sats \ 2 replies \ @erict875 OP 26 Jan \ parent \ on: The trouble with books by Nick Szabo BooksAndArticles
Yes, my understanding is that this doesn't mean there's no value in reading the heavy stuff, but I think Szabo is just reminding us of the opportunity costs of doing so.
Not everyone needs to read Mises' Human Action, instead, they can get a more than OK understanding of Austrian economics just by subscribing to mises.org... Same applies to the bible, if you read and internalise the Ten Commandments.
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1000 sats \ 1 reply \ @siggy47 26 Jan
This is good fodder for discussion. @elvismercury expressed almost the exact opposite opinion a few days ago about Human Action. I can't find the post right now.
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1684 sats \ 0 replies \ @elvismercury 26 Jan
The devil is in the details: you can read mises.org and get a sketch of Austrian econ, but in most cases you'll just be regurgitating other people's conclusions -- it will be a surface-level understanding, no better than any other surface-level understanding of anything.
Which is fine, not everyone can possibly have a deep understanding of more than a couple of things. The annoying (and harmful) thing is when people think they understand more than they do. Empty bitcoin talking heads are no better than empty talking heads in any other place. Unfortunately bitcoiners are no better at understanding this truth than anyone else is.
Anyway, Human Action is a giant lift and rewards investment. Doesn't mean that lesser investments in other places aren't a better use of time for some people in some circumstances.
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