Book Readings

Here is a preliminary breakdown of the required readings for the three books:

(note that it is unrealistic for us to cover all of the topics in all three books, so we will be focusing on sections of each book. That said the material we skip is still worth reading)

Irrational Exuberance: start covering on Monday March 23rd.

Please read:

• Both Prefaces: read all
  
• Chapter One: read all
  
• Chapter Two: read all
  
• Chapter Three: only read pp. 31-36 (up to Cultural...), pp. 50-52 (The Decline of ...) and p. 55 (Summing Up)
• Chapter Four: read all
  
• Chapter Five: skip (although it is an interesting read)
• Chapter Six: read all
• Chapter Seven: skip
• Chapter Eight: only read pp. 147-149 (up to Moral Anchors..) and pp. 152-155 (Overconfidence...)
  
• Chapter Nine: only read pp. 172-173 (The Story so Far)
• Chapter Ten: read all
• Chapter Eleven: skip
• Chapter Twelve: only read pp. 207-210 (up to Ethics..), pp. 224-225 (Monetary Policy...) and pp. 229-230 (Conclusion..)

This Time is Different: start covering March 30

(we will basically be skipping most of the material due to Sovereign Default, and instead focus on Financial Crises)

Please Read:

• Preface, Preamble, Part I (only page 1) and Chapter One: read all
• Chapter 2: skip
• Chapter 3: skip (note this chapter defines most of the data used, you can read this if you do not understand the data cited in later chapters)
• Part II and Part III: chapters 4 through 9: skip all
• Part IV: chapters 10 through 12: read all
• Part V: read chapters 13 through 15, skip chapter 16
• Part VI: read chapter 17.

Animal Spirits start covering on April 5.

• We will try to read it all, we may skip chapters 8, 9 and 13.