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At my company, we have unlimited budget for books or any other (educational) reading materials. I am actually proud of this policy and tell practically everyone that comes to our office for interview. I keep saying this to my team repeatedly, but most of them don’t take advantage of this. Perhaps mostly they just google up things and maybe they don’t quite see how books book can be useful.

Let me explain how unlimited book budget is feasible. It is really simple. You see, for what we pay our developers, a typical book cost roughly an hour or two of their working time. If, by reading this book, they manage to save an or two of their time, the book already paid for itself. Now, if the book is shared by a few developers, the book basically paid itself many times over. What if this time saving is continuous, 1 hour of saving per month, the ROI of a single book is now a few hundred percent!

There is nothing magical about this. It is simple mathematics, simple economic. And me, I always believe in simple economics!