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October 1, 2008

Check It Out: Understanding this economy

DavidCopperfield.jpg I asked a few of my colleagues who report on that great big confusing economic industry for some reading suggestions. While many were in agreement that, of course, you should just read their articles, they were able to give some great recommendations:

Baltimore Sun business columnist Eileen Ambrose is a big fan of Jane Bryant Quinn. "I actually gave her book as a wedding gift to my sister," she told me.

And Quinn's latest edition of Making the Most of Your Money will be in bookstores in May of 2009. If you can't wait that long, her 2006 Smart and Simple Financial Strategies for Busy People is available now.

Ambrose also pointed me to two books she comes across often in her reporting: Andrew Tobias' The Only Investment Guide You'll Ever Need and The Richest Man in Babylon, by George Clason.

Her surprise recommendation? "I've heard a lot of economists talk about David Copperfield lately," she said. "It really does have a lot about finances."

Wall Street Journal business reporter Raymund Flandez suggests something to give you a bit more historical context: Waking Giant: America in the Age of Jackson, by David S. Reynolds.

And the Enoch Pratt Library has provided a Web site with resources for people curious about the bailout, the role of the FDIC and how to get your free credit report. Bonus: It's all free.

Posted by Nancy Knight at 5:30 PM | | Comments (1)
Categories: Check It Out
        

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Sun business editor Trif Alatzas has a few of his own suggestions:

"The World is Flat," by Thomas Friedman
"Freakonomics," by Steven D. Levitt and Stephen J. Dubner
"Maestro," by Bob Woodward
"Barbarians at the Gate," by Bryan Burrough and John Helyar
"The World is Curved," by David M. Smick
and "The Snowball," by Alice Schroeder

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About the bloggers
While she always preferred The Hardy Boys to Nancy Drew, Nancy Knight grew up reading nearly everything she could get her hands on, including a probably unhealthy amount of R.L. Stine and Christopher Pike, with the obligatory Jane Austen thrown in. She'll still read just about anything you put in front of her, especially the funny or weird. She lives in the city with her books, cat and drum set.

Dave Rosenthal came to The Baltimore Sun as a business reporter in 1987 and now is an assistant managing editor and Sunday editor. He reads a wide range of books (but never as many as he'd like), usually alternating between non-fiction and fiction. Some all-time favorites: A Confederacy of Dunces by John Kennedy Toole; Wind, Sand and Stars by Antoine de Saint-Exupery; and anything by Calvin Trillin or John McPhee. He belongs to a book club with a Jewish theme.
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