November 21, 2007
Two new books I should read

GMU grads Ben Powell (beware scarily big picture) and Chris Coyne (enjoy rico suave picture) each have a new book out.

Ben Powell, Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development

Chris Coyne, After War: The Political Economy of Exporting Democracy

Both are from Stanford University Press.

Posted by Edward J. Lopez at 11:46 AM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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