Unknown Knowns: On Economics, Investing, Progress, and Folly

In the last 250 years, the world has gone from poor to rich, sick to healthy, and isolated to connected. Yet we seem largely unaware of how we got here, and many are uncertain about whether the future will be worth living in. In Unknown Knowns, Laurence B. Siegel, author of Fewer, Richer, Greener, shows why the future will be even better than the past, and in addition presents practical advice for investors, based on a solid grounding in economics. This book consists of articles, book reviews, and interviews, providing a window into some of the greatest minds in economics and investment management, including Jack Bogle, Michael Lewis, Tyler Cowen, Paul Volcker, and Nassim Taleb. Topics include: – Progress, growth, and productivity – Investing and finance – Savings and retirement – Monetary policy and inflation – Policy and governance, and – Provocative takes on the big questions in economics, investing, social science, and human affairs. Filled with stories, anecdotes, personalities, and vivid graphics, and conveyed with a sense of humor, this book provides refreshing and useful perspectives on the mysteries of economics, investing, and human progress.