Lotta Moberg (Ph.D., George Mason University) is a macroeconomic analyst at William Blair & Co. in Chicago and the author of The Political Economy of Special Economic Zones: Concentrating Economic Development (Routledge, 2017). Previously she served in the Swedish Defense Forces and with the Swedish Foreign Ministry.
If you could mandate that every student read one book in the field of economics, what would it be?
I had to think about whether it would be good for everyone to
read one book. On net, I think it is, if it is short and simple enough to
explain some of the most destructive fallacies people hold. Henry Hazlitt's Economics
in One Lesson may be the best. Alternatively, and much shorter, James Gwartney's
little book on economic principles, Common Sense Economics. It is probably the
best. I would make people read it to become less destructive citizens, not to
educate those who already know some economics.
What is the best (or worst) advice you ever got on becoming an economist?
Probably not the best but memorable: When taking a class, be
selfish. Look for how you can use things from the class for your research and
spend minimal time on the rest.
The worst was probably to stay away from a place
like George Manson University because people will find you weird and so it will be
hard to get a job.
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