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What single book should every economics major be required to read, and why?
I think the history of ideas is important, so I hope that every economics major would read Larry White’s The Clash of Economic Ideas (Cambridge University Press, 2012).
In your opinion, who is the most important economist that most people have never heard of?
I think more people should be familiar with George Selgin’s work. His monograph, Less than Zero (Institute of Economic Affairs, 1997) was recently republished and contains an excellent defense of nominal income targeting. His newest book, Floored! (Cato, 2018) is the single best book on the Fed’s new operating regime. Highly recommend.
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