The 'LUMINOUS' SCIENCE (FINANCIAL LITERACY)
Rather than believing Thomas Carlyle’s statement that economics is “the dismal science”, I see the transparency and technology of the 21st century as transforming traditional economic thought from the strained and limited resources of the 19th century to a study with unlimited potential. Modern resources can transform "the dismal science" into something much more obtainable, insightful and quite frankly more enjoyable.
The following three books are ones that changed my view of economics.
The History of Money
Jack McIver Weatherford
Crown Publishers, Jan 28, 1997
Excerpt from Los Angeles Time Book Review (2/16/1997)
“Commerce was only the first of the changes wrought by the new common language of pecuniary values. The larger story, as Weatherford points out, is the gradual formation of the institutions from which capitalism would gradually arise around the 17th century.
Weatherford brings this lengthy process of socioeconomic evolution to life with dramatic accounts of episodes that opened or closed, or simply epitomized, the long slow transmutation: the gradual, suspicious acceptance of Arabic numerals--imagine trying to write $1,584,890,000,324 using only the Roman M,L,C,V and I, no zeros and no commas!--the evolution of coins into bills of exchange, then the creation of "deposits" in the banks that arose during the Renaissance, followed in the 18th century by the creation of those value-laden pieces of paper we call dollars, pounds, etc.”