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.

The Undercover Economist: a guide

Publishing schedule: Excerpts from "The Undercover Economist" and "Dear Economist", Tim's weekly columns for the FT Magazine, are published on this blog on Saturday mornings.
More about Tim: Tim also writes editorials for the FT, presents Radio 4's More or Less and is the author of "The Undercover Economist" and "The Logic of Life".
Comment: To comment, please register with FT.com, which you can do for free here. Please also read our comments policy here.
Contact: Tim's contact address is: economist@ft.com
Time: UK time is shown on posts.
Follow: A link to the blog's RSS feeds is at the top of the page.
Follow on Twitter
FT blogs: See the full range of the FT's blogs here.