Opportunity costs, a continuing series

I have had a sneak preview of John Kay’s Obliquity. I cannot recommend it too highly as a wise and creative study of the secrets of success in business, politics and life. Loyal readers of John’s column will recognise some of the examples but the argument is superbly put together. John argues that in a complex world one cannot simply identify a goal and plan your route towards it. Success must be groped towards gradually and with much correction of error.

As a result, I have had no time to read Eric Lonergan’s Money, positively reviewed by The Economist.

Tim Harford’s blog

This blog is no longer updated but it remains open as an archive.

Tim, also known as the Undercover Economist, writes about the economics of everyday life.