100 Best Economics Books of All Time
We've researched and ranked the best economics books in the world, based on recommendations from world experts, sales data, and millions of reader ratings. Learn more
These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much heralded scholar who studies the stuff and riddles of everyday life -- from cheating and crime to sports and child rearing -- and whose... more
Malcolm GladwellI don’t need to say much here. This book invented an entire genre. Economics was never supposed to be this entertaining. (Source)
Daymond JohnI love newer books like [this book]. (Source)
James Altucher[James Altucher recommended this book on the podcast "The Tim Ferriss Show".] (Source)
Winner of the National Academy of Sciences Best Book Award in 2012
Selected by the New York Times Book Review as one of the best books of 2011
A Globe and Mail Best Books of the Year 2011 Title
One of The Economist's 2011 Books of the Year
One of The Wall Street Journal's Best Nonfiction Books of the Year 2011
2013 Presidential Medal of Freedom Recipient
In the international bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel... more
Barack ObamaA few months ago, Mr. Obama read “Thinking, Fast and Slow,” by Daniel Kahneman, about how people make decisions — quick, instinctive thinking versus slower, contemplative deliberation. For Mr. Obama, a deliberator in an instinctive business, this may be as instructive as any political science text. (Source)
Bill Gates[On Bill Gates's reading list in 2012.] (Source)
Marc AndreessenCaptivating dive into human decision making, marred by inclusion of several/many? psychology studies that fail to replicate. Will stand as a cautionary tale? (Source)
Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller... more
Sheryl SandbergMichael Lewis's ability to boil down the most complicated subjects is like a magic trick. You can't believe your own eyes. He takes on important issues - from the 2008 Wall Street crash in "The Big Short" to parenting in "Home Game" - and breaks them down to the deepest truths. His combination of an extraordinarily analytical mind and a deep understanding of human nature allows him to weave... (Source)
Tim HarfordIf I had any criticism of the book, it’s that he makes it seem too obvious. It becomes mysterious how anyone could have been confused. (Source)
David Heinemeier HanssonA good one. (Source)
Thaler and Sunstein invite us to enter an alternative world, one that takes our... more
Dan ArielyNudge is a very important book. One of the reasons Nudge is so important is because it’s taking these ideas and applying them to the policy domain. Here are the mistakes we make. Here are the ways marketers are trying to influence us. Here’s the way we might be able to fight back. If policymakers understood these principles, what could they do? The other important thing about the book is that it... (Source)
Ryan HolidayThis might feel like a weird book to include, but I think it presents another side of strategy that is too often forgotten. It’s not always about bold actors and strategic thrusts. Sometimes strategy is about subtle influence. Sometimes it is framing and small tweaks that change behavior. We can have big aims, but get there with little moves. This book has excellent examples of that kind of... (Source)
Bill GatesCapital sparked a fantastic global discussion this year about inequality. Piketty kindly spent an hour discussing his work with me before I finished my review. As I told him, although I have concerns about some of his secondary points and policy prescriptions, I agree with his most important conclusions: inequality is a growing problem and that governments should play a role in reducing it. I... (Source)
David Heinemeier HanssonThis is the book that was catapulted by its conclusion: r > g. That the rate of return on capital is greater than the growth rate of the economy. Which means that capital, and the people who own it, will end up with a larger and larger share of all wealth and income in the economy as time goes on. It’s a dense dive into the historical data on wealth, income, and economic growth from the optic of... (Source)
George MonbiotPiketty explains the economic crisis that we face in ways that also explain the political crisis. He does this by talking about the rise of what he calls ‘patrimonial capital’: wealth arising from inheritance, rent, and interest payments which greatly outweighs any wealth arising from hard work and enterprise. (Source)
The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives.
Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to... more
Bill Gates[On Bill Gates's reading list in 2012.] (Source)
Jeff Bezos[From the book "The Everything Store: and the Age of Amazon"] “The scholar argues that people are wired to see patterns in chaos while remaining blind to unpredictable events, with massive consequences. Experimentation and empiricism trumps the easy and obvious narrative,” Stone writes. (Source)
James AltucherAnd throw in “The Black Swan” and “Fooled by Randomness”. “Fragile” means if you hit something might break. “Resilient” means if you hit something, it will stay the same. On my podcast Nassim discusses “Antifragility” – building a system, even on that works for you on a personal level, where you if you harm your self in some way it becomes stronger. That podcast changed my life He discusses... (Source)
Henry Hazlitt wrote this book following his stint at the New York Times as an editorialist. His hope was to reduce the whole teaching of economics to a few principles and explain them... more
Ben Shapiro[If you read this book and "Basic Economics"] you'll know more than all or your classmates combined about the basic workings of free markets and economics. (Source)
Chris Nichols@fishin_me @IslesFGC @AsSeenOnTv55 @IlhanMN The best economic book written. (Source)
Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?
Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra... more
Mark ZuckerbergMy next book for A Year of Books is Why Nations Fail by Daron Acemoğlu and James A. Robinson. This book explores the different kinds of social institutions and incentives that nations have applied to encourage prosperity, economic development and elimination of poverty. This is a good complement to our last book, Portfolios of the Poor, which focused on how people live in poverty. This one... (Source)
Bill Gates"I read two books that raise big, interesting questions about social change and technological progress. I’m planning to write longer reviews of each of these books, but let me flag them for you now. One is Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson.The topic of this book is why some countries have prospered and created great living... (Source)
George MagnusThe role of institutions is really important for societal development. (Source)
Barack ObamaObama, unsurprisingly, appears to be more drawn to stories sympathetic to the working classes than is McCain. Obama cites John Steinbeck’s “In Dubious Battle,” about a labor dispute; Robert Caro’s “Power Broker,” about Robert Moses; and Studs Terkel’s “Working.” But he also includes Adam Smith’s “Wealth of Nations” and “Theory of Moral Sentiments” on his list. (Source)
Neil deGrasse TysonWhich books should be read by every single intelligent person on planet? [...] The Wealth of Nations (Smith) [to learn that capitalism is an economy of greed, a force of nature unto itself]. If you read all of the above works you will glean profound insight into most of what has driven the history of the western world. (Source)
Ben Shapiro[If you read this book and "Economics in One Lesson"] you'll know more than all or your classmates combined about the basic workings of free markets and economics. (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
- Being comprehensive: you learn the most important points in the book
- Cutting out the fluff: you focus your time on what's important to know
- Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
The tipping point is that magic moment when an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire. Just as a single sick person can start an epidemic of the flu, so too can a small but precisely targeted push cause a fashion trend, the popularity of a new product, or a drop in the crime rate. This widely acclaimed bestseller, in which Malcolm Gladwell explores and brilliantly illuminates the tipping point... more
Kevin RoseBunch of really good information in here on how to make ideas go viral. This could be good to apply to any kind of products or ideas you may have. Definitely, check out The Tipping Point, which is one of my favorites. (Source)
Seth GodinMalcolm Gladwell's breakthrough insight was to focus on the micro-relationships between individuals, which helped organizations realize that it's not about the big ads and the huge charity balls... it's about setting the stage for the buzz to start. (Source)
Andy SternI think that when we talk about making change, it is much more about macro change, like in policy. This book reminds you that at times when you're building big movements, or trying to elect significant decision-makers in politics, sometimes it's the little things that make a difference. Ever since the book was written, we've become very used to the idea of things going viral unexpectedly and then... (Source)
Warren BuffettTo invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. This book precisely and clearly prescribes the proper framework. You must provide the emotional discipline. (Source)
Kevin RoseThe foundation for investing. A lot of people have used this as their guide to getting into investment, basic strategies. Actually Warren Buffett cites this as the book that got him into investing and he says that principles he learned here helped him to become a great investor. Highly recommend this book. It’s a great way understand what’s going on and how to evaluate different companies out... (Source)
Why does recalling the Ten Commandments reduce our tendency to lie, even when we couldn't possibly be caught?
Why do we splurge on a lavish meal but cut coupons to save twenty-five cents on a can of soup?
Why do we go back for second helpings at the unlimited buffet, even when our stomachs are already full?
And how did we ever start spending $4.15 on a cup of coffee when, just a few years ago, we used to pay less than a dollar?
When... more
Max Levchin[Max Levchin recommended this book as an answer to "What business books would you advise young entrepreneurs read?"] (Source)
Nick HarkawayPredictably Irrational is an examination of the way in which we make decisions irrationally, and how that irrationality can be predicted. (Source)
Jonah LehrerDan Ariely is a very creative guy and was able to take this basic idea, that humans are irrational, and mine it in a million different directions. (Source)
Four years in the making, SuperFreakonomics asks not only the tough questions, but the unexpected ones: What's more dangerous, driving drunk or walking drunk? Why is chemotherapy prescribed so often if it's so... more
Bill GatesI recommend this book to anyone who reads nonfiction. It is very well written and full of great insights. (Source)
Fabrice GrindaI have lots of books to recommend, but they are not related to my career path. The only one that is remotely related is Peter Thiel’s Zero to One. That said here are books I would recommend. (Source)
Keith SlotterThese two gentlemen wrote the first book several years ago and SuperFreakonomics just came out. The books are very interesting on crime theory. Their theories are controversial. For example, they link a decrease in crime to the legalisation of abortion. In a nutshell they say that abortion stopped a whole new generation of criminals from being born. And that is because they say abortion is most... (Source)
When asked simple questions about global trends—what percentage of the world’s population live in poverty; why the world’s population is increasing; how many girls finish school—we systematically get the answers wrong. So wrong that a chimpanzee choosing answers at random will consistently outguess teachers, journalists, Nobel laureates, and investment bankers.
In Factfulness, Professor of International Health and global TED phenomenon... more
Barack ObamaAs 2018 draws to a close, I’m continuing a favorite tradition of mine and sharing my year-end lists. It gives me a moment to pause and reflect on the year through the books I found most thought-provoking, inspiring, or just plain loved. It also gives me a chance to highlight talented authors – some who are household names and others who you may not have heard of before. Here’s my best of 2018... (Source)
Bill GatesThis was a breakthrough to me. The framework Hans enunciates is one that took me decades of working in global development to create for myself, and I could have never expressed it in such a clear way. I’m going to try to use this model moving forward. (Source)
Nigel WarburtonIt’s an interesting book, it’s very challenging. It may be over-optimistic. But it does have this startling effect on the readers of challenging widely held assumptions. It’s a plea to look at the empirical data, and not just assume that you know how things are now. (Source)
George MonbiotThe Shock Doctrine explains some of the mechanisms by which patrimonial capital acquires power and enhances its wealth. It’s a brilliant piece of work, and one of those rare books that changes the way you perceive the world. (Source)
Mat WhitecrossIt starts with the theory that moments of crisis have been utilised by the right wing in the US and other countries to manipulate people into following their agenda. (Source)
Donna DickensonNaomi Klein’s argument is that capitalism actually requires deliberately engineered shocks to the economic systems. (Source)
His answer is that we pay too much attention to what successful people are like, and too little attention to where they are from: that is, their culture, their family, their generation, and the idiosyncratic experiences of their upbringing. Along the way he explains the secrets of software billionaires, what it takes to be a great soccer player,... more
Bill Gates[On Bill Gates's reading list in 2011.] (Source)
James AltucherGladwell is not the first person to come up with the 10,000 hour rule. Nor is he the first person to document what it takes to become the best in the world at something. But his stories are so great as he explains these deep concepts. How did the Beatles become the best? Why are professional hockey players born in January, February and March? And so on. (Source)
Cat Williams-TreloarThe books that I've talked the most about with friends and colleagues over the years are the Malcolm Gladwell series of novels. Glorious stories that mix science, behaviours and insight. You can't go wrong with the "The Tipping Point", "Outliers", "Blink" or "David & Goliath". (Source)
The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.
Thiel begins with the contrarian premise that we live in an age of technological stagnation, even if we’re too distracted by shiny mobile devices to notice. Information technology has improved rapidly, but there is no reason why progress should be limited to... more
Mark ZuckerbergThis book delivers completely new and refreshing ideas on how to create value in the world. (Source)
Eric WeinsteinIf you really understand something that the rest of the world is confused about, and it’s an important truth, [this book] says here are all the ways you might want to make that work. (Source)
How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. The result is an accessible text that has sold well over half a million copies in English, has been... more
Geoffrey Miller@bdmarotta No, The Road to Serfdom by Hayek is the best book on modern evil (Source)
Yuval LevinThe Road to Serfdom is a very polemical book. It was published in 1944. It’s a warning not exactly about Communism, but about the coming of statism in the West, about the ways that some of the governing élites that Hayek saw, especially in Britain, thought about governing. The book is really mostly about Britain. He talks about the dangers of central planning, of the attempt to take over the... (Source)
Mitch DanielsThis book convincingly demonstrated what was already intuitive to me: namely, the utter futility, the illusion of government planning as a mechanism for uplifting those less fortunate. (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
- Being comprehensive: you learn the most important points in the book
- Cutting out the fluff: you focus your time on what's important to know
- Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
Billions of government dollars, and thousands of charitable organizations and NGOs, are dedicated to helping the world's poor. But much of their work is based on assumptions that are untested generalizations at best, harmful misperceptions at worst.
Abhijit Banerjee and Esther Duflo have pioneered the use of randomized control trials in development economics. Work based on these principles, supervised by the Poverty Action Lab, is being carried out in dozens of countries.... more
Bill GatesDoes a great job of bringing alive the complexities of poor people’s lives. (Source)
Harini Calamur@ask0704 Read his book. I don't agree with some of the things he says. But, it is a great read on understanding poverty (Source)
Carol DweckYou would think that the relationship between training and skill would be utterly obvious in sports, but apparently it isn’t. (Source)
David PapineauIt’s a parable of the disinclination of people in general to base their practices on evidence, a parable for evidence-based policy in general. (Source)
Max Levchin[Max Levchin recommended this book as an answer to "What business books would you advise young entrepreneurs read?"] (Source)
Muhtar KentCEO considers it a great read. (Source)
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Arnold SchwarzeneggerThe other book that I have given hundreds of copies to is Free to Choose by Milton Friedman. It kind of lays out why the private sector is really the answer to a lot of problems that we have and not government. I think it’s a real great philosophic kind of a book about how to approach our problems, if it is education, if it is economic growth, all of those various kinds of different issues. He... (Source)
Grover NorquistWith Free to Choose, the title summarises it. He deals with vouchers in education and the whole idea of what we’re promoting. This goes back to the argument on the science stuff. We’re not for freedom because it brings economic growth. We’re not for freedom because it brings technology and improvements in standards of living. We’re for freedom because we’re for people being free. It also happens... (Source)
Mitch DanielsI chose this book because it expressed best to me the moral underpinnings of free economics, if one starts from the premise that the highest value is the autonomy and dignity and freedom of the individual. (Source)
Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or... more
How did our species succeed in the battle for dominance? Why did our foraging ancestors come together to create cities and kingdoms? How did we come to believe in gods, nations and human rights; to trust money, books and laws; and to be enslaved by bureaucracy, timetables and consumerism? And what will our world be like in the millennia to come?
In Sapiens, Dr Yuval Noah Harari spans the whole of human history, from the very first humans to walk the... more
Richard BransonOne example of a book that has helped me to #ReadToLead this year is Sapiens: A Brief History of Humankind by Yuval Noah Harari. While the book came out a few years ago now, I got around to it this year, and am very glad I did. I’ve always been fascinated in what makes humans human, and how people are constantly evolving, changing and growing. The genius of Sapiens is that it takes some daunting,... (Source)
Reid HoffmanA grand theory of humanity. (Source)
Barack Obamaeval(ez_write_tag([[250,250],'theceolibrary_com-leader-2','ezslot_7',164,'0','1'])); Fact or fiction, the president knows that reading keeps the mind sharp. He also delved into these non-fiction reads. (Source)
Daymond John[Daymond John said this is one of his most-recommended books.] (Source)
Grant CardoneThis book emphasized the need to get reliable income streams and to never ever confuse your necessary expenses with the things you want. It’s a timeless classic that every school in America should have in their curriculum. (Source)
David Heinemeier HanssonThis is a 1920s classic version of How To Get Rich. The ancestor of all the pale imitations, like Rich Dad/Poor Dad, that came since. And while I scoffed at plenty of the allegories from ancient Babylon that presents the lessons, it was still a neat package. And at least ancient Babylon is a more interesting backdrop for teaching lessons about money than some suburban house flipper. I ended up... (Source)
Now in a striking new hardcover edition, Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar,... more
James AltucherAnd throw in “The Black Swan” and “Fooled by Randomness”. “Fragile” means if you hit something might break. “Resilient” means if you hit something, it will stay the same. On my podcast Nassim discusses “Antifragility” – building a system, even on that works for you on a personal level, where you if you harm your self in some way it becomes stronger. That podcast changed my life He discusses... (Source)
Howard MarksReally about how much randomness there is in our world. (Source)
Anant JainThe five-book series, "Incerto", by Nassim Nicholas Taleb has had a profound impact on how I think about the world. There’s some overlap across the books — but you'll likely find the repetition helpful in retaining the content better. (Source)
Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems—to relieve ancient people from having to haul their goods to market. The problem with this version of history? There’s not a shred of evidence to support it.
Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long... more
Seth GodinI recommend it in audio because David is sometimes repetitive and a little elliptical, but in audio it's all okay because you can just listen to it again. (Source)
David Heinemeier HanssonAfter a few false starts, I finally got going with this, and what a treat. It shoots down the common myth that prior to money, everyone just bartered shit. I give you a pig, you give me five pies and a hat. Evidence shows that just wasn’t at all how things went. Most societies were structured either rather communistic (take what you need, give what you can) or with a loose debt-ledger system (or... (Source)
Will DaviesWhat’s stunning about the book is how it brings an anthropological perspective to bear on such an expansive history and geography, bringing the story right up to the present day, at the precise moment when debt has become a hugely political, mobilizing and destabilizing issue. Its central argument is simple and easy to grasp, and has been seized by activists and critics of the financial sector. (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
- Being comprehensive: you learn the most important points in the book
- Cutting out the fluff: you focus your time on what's important to know
- Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
In a bold new concluding chapter entitled “The End of the Worldly Philosophy?” Heilbroner reminds us that the word “end”... more
Erik Brynjolfsson@AndrewWLo @DianeCoyle1859 Great book. I read it in high school and it kind of turned into an economist (Source)
Heidi N. Moore@VarickBoyd @JeSuisBHL Ah well, I thought you were a veteran of this world, my error. Enjoy the book! It's fantastic. (Source)
Andrew W LoThis book really opened my eyes to the fact that there’s some very deep and beautiful logic underlying the economy, and financial markets and institutions especially. (Source)
Bill GatesFascinating.... Lays a foundation for understanding human history. (Source)
Yuval Noah HarariA book of big questions, and big answers. The book turned me from a historian of medieval warfare into a student of humankind. (Source)
In The Black Swan Taleb outlined a problem; in Antifragile he offers a definitive solution: how to gain from disorder and chaos while being protected from fragilities and adverse events. For what he calls the "antifragile" is one step beyond robust, as it benefits from adversity, uncertainty and stressors, just as human bones get stronger when subjected to stress and tension.
Taleb stands... more
James AltucherYou ask about success. To be successful you have to avoid being “fragile” – the idea that if something hurts you, you let collapse completely. You also have to avoid simply being resilient. Bouncing back is not enough. Antifragile is when something tries to hurt you and you come back stronger. That is real life business. That is real life success. Nassim focuses on the economy. But when I read... (Source)
Marvin Liaoeval(ez_write_tag([[250,250],'theceolibrary_com-leader-2','ezslot_7',164,'0','1'])); My list would be (besides the ones I mentioned in answer to the previous question) both business & Fiction/Sci-Fi and ones I personally found helpful to myself. The business books explain just exactly how business, work & investing are in reality & how to think properly & differentiate yourself. On... (Source)
Vlad TenevThe general concept is applicable to many fields beyond biology, for instance finance, economics and monetary policy. (Source)
Eric WeinsteinFolks frequently ask “What are the books that changed your life?” If I tell them, they are usually radically disappointed. I find that curious. I just cleared out of an office, and these are books that mattered enough to me to bring home. So here they are. (Source)
Paul KrugmanIt is a difficult book, because it’s the first book that tries to figure this stuff out. You don’t teach Keynesian economics from Keynes anymore. Keynes was actually working on The General Theory of Employment, Interest and Money before the Great Depression, but, obviously, the Great Depression gave it urgency. It’s a first stab – it’s one hell of a first stab – but because it is a first stab,... (Source)
Mark BlythThis is an incredibly important book because it shows us that Adam Smith was only right in a special case. (Source)
Peter BoettkeDo you believe that Michele Bachmann reads this book at the beach? (Source)
“We’ve got to get some foam down on the runway!” a sleepless Timothy Geithner,... more
Bill Gates[On Bill Gates's reading list in 2011.] (Source)
Max Levchin[Max Levchin recommended this book as an answer to "What business books would you advise young entrepreneurs read?"] (Source)
John LanchesterThis is a minute-by-minute account of how the whole financial system nearly went over the brink in 2008, and the astonishing sense of tension and danger involved. (Source)
America currently has the most inequality, and the least equality of opportunity, among the advanced countries. While market forces play a role in this stark picture, politics has shaped those market forces. In this best-selling book, Nobel Prize–winning economist Joseph E. Stiglitz exposes the efforts of well-heeled interests to compound their wealth in ways that have stifled true, dynamic capitalism. Along the way he examines the effect of inequality... more
Bill GatesI have mixed feelings about The Price of Inequality: How Today’s Divided Society Endangers Our Future by Joseph E. Stiglitz. Stiglitz’s contributions are important in that he really does a good job of articulating the issues of inequality and the economic factors that underlie it. He raises important questions about whether it’s getting harder for people in the U.S. to move up the economic... (Source)
Francisco BethencourtI’m working now on a history of inequality, because while I was working on racism I was bumping into this issue all the time. It is indeed a political problem. (Source)
When managers and marketers outline their social media strategies, they often plan for the "right hook"-their next highly anticipated sale or campaign that's going to put the competition out for the count. Even companies committed to jabbing-patiently engaging with customers to build the relationships so crucial to successful social media campaigns-still yearn to land the powerful, bruising... more
Marvin LiaoMy list would be (besides the ones I mentioned in answer to the previous question) both business & Fiction/Sci-Fi and ones I personally found helpful to myself. The business books explain just exactly how business, work & investing are in reality & how to think properly & differentiate yourself. On the non-business side, a mix of History & classic fiction to understand people, philosophy to make... (Source)
Bill WidmerIn general, I recommend Rich Dad Poor Dad by Robert Kiyosaki to learn more about assets and liability and how to view money. (Source)
The Undercover Economist is for anyone who's wondered why the gap between rich and poor nations is so great, or why they can't seem to find a decent second-hand car, or how to outwit Starbucks. This book offers the hidden story behind these and other questions, as economist Tim Harford ranges from Africa, Asia, Europe, and of course the... more
Ola OlusogaLike Charlie Munger once said: “I’ve long believed that a certain system - which almost any intelligent person can learn - works way better than the systems most people use [to understand the world]. What you need is a latticework of mental models in your head. And, with that system, things gradually fit together in a way that enhances cognition. Just as multiple factors shape every system,... (Source)
Fabrice GrindaI have lots of books to recommend, but they are not related to my career path. The only one that is remotely related is Peter Thiel’s Zero to One. That said here are books I would recommend. (Source)
Peter SingerYes, it is. I chose The Communist Manifesto, rather than, say, Capital because it shows in a much easier-to-read, shorter work something that is central to Marx’s vision. Capital is much drier, and a lot of it is focused on economics, although there are some remarkable passages of Capital describing the conditions of industrial workers in England at the time. (Source)
Felipe Fernández-ArmestoMarx and Engels’s historical analysis is breathtakingly, brilliantly simple. I think it’s wrong but, again, you’ve just got to admire its genius. Obviously, without understanding the historical basis of Marx’s thought you can’t understand anything else in Marxism. (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
- Being comprehensive: you learn the most important points in the book
- Cutting out the fluff: you focus your time on what's important to know
- Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
Bill Gates[On Bill Gates's reading list in 2011.] (Source)
Jamie DimonCEO recommends this book (along with The Intelligent Investor) in his suggestion to JP Morgan summer interns. (Source)
Erik RostadI read this book in 2003 or 2004. I was out of college and working in my first job. Friedman convincingly showed that the world was rapidly changing and that I would soon be competing for jobs with people from around the world. I decided to go to graduate school as a direct result of being convinced of his argument in this book. What's interesting is that I don't think these two books would have... (Source)
Anurag RamdasanAmazing insights into the economic warfare cast over the last few decades and its implications on the world in different ways
"A magisterial work...You can't help thinking about the economic crisis we're living through now." --The New York Times Book Review
It is commonly believed that the Great Depression that began in 1929 resulted from a confluence of events beyond any one person's or government's control. In fact, as Liaquat Ahamed reveals, it was the decisions made by a small number of central bankers that were the primary cause of that economic meltdown, the effects of which set the stage for World War II and reverberated for decades. As... more
Barry RitholtzIt covers a 50-year period from before World War I and leading up to World War II. Even if you’re not interested in finance, it’s a great read. (Source)
David J LynchLords of Finance gives you that alternative history, particularly through the inter-war years from the end of World War I into the Great Depression. (Source)
In Economic Facts and Fallacies, Thomas Sowell exposes some of the most popular fallacies about economic issues in a lively manner that does not require any prior knowledge of economics. These fallacies include many beliefs widely disseminated in the media and by politicians, such as fallacies about urban problems, income differences, male-female economic differences, as well as economic fallacies about academia, about race, and about Third World countries.
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Unlike many economists, who present only one view of their discipline, Chang introduces a wide range of... more
Ella BottingA simple but in depth guide to economics that isn’t patronising. Always good to know about money & financial systems once you start earning! (Source)
Flash Boys is about a small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders and that, post–financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Working at different firms, they come to this realization separately; but after they discover one another, the flash boys band... more
Alykhan Satchu@surambaya @MihrThakar @NorthmanTrader great book (Source)
Thing 1: There is no such thing as free market.
Thing 4: The washing machine has changed the world more than the Internet.
Thing 5: Assume the worst about people, and you get the worst.
Thing 13: Making rich people richer doesn't make the rest of us richer.
Lucas MoralesDepending on your interest and goals, if you are like me and always looking for the trends in the big picture then I highly recommend being an active contrarian reader. Read what no one else is reading. Your goal is to think outside the box. To look at the world and ask “why hasn’t this been solved?” And that gives you a roadmap as to what opportunities may exist for your entrepreneurial efforts.... (Source)
Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike.
That's why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the... more
Tim O'ReillyI am loving @KateRaworth’s book Doughnut Economics. It puts #inequality in a far broader context, connecting a great many 21st century problems with a single vision. Every business leader and every policy maker should read it. For a quick summary, see https://t.co/harwQvlLlC (Source)
George MonbiotDoughnut Economics tries to reconcile an environmental vision with the vision of widely shared prosperity. (Source)
Fernando Lelo Larrea🍩Amazing book by @KateRaworth #DoughnutEconomics . I really wish all my Economics students can read it. Fundamental rethinking of our science and what lays ahead. https://t.co/oWUL1TwSYh (Source)
Why did he have to fight his battle, not against his enemies, but against those who needed him most, and his hardest battle against the woman he loved? What is the world’s motor — and the motive power of every man? You will know the answer to these questions when you discover the reason behind the baffling events that play havoc with the lives of the characters in this story.
Tremendous in its scope, this novel presents an... more
Steve Jobsis said by his Apple co-founder, Steve Wozniak, to have regarded Atlas Shrugged as one of his “guides in life”. (Source)
Travis Kalanick[Travis Kalanick mentioned this book in a Washington Post interview.] (Source)
One economist has called Ha-Joon Chang "the most exciting thinker our profession has turned out in the past fifteen years." With Bad Samaritans, this provocative scholar bursts into the debate on globalization and economic justice. Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the "World Is Flat" orthodoxy of Thomas Friedman and other liberal economists who... more
Michael LindThe three leading countries of industrial capitalism – the United States, Germany and Japan – developed by using techniques, as Ha-Joon Chang points out, that are the opposite of what are supposed to work. There are endless bestselling books about how the West developed and how it became rich. It’s a genre that says that if you just have democracy and government acts as an umpire and doesn’t... (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
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The experience of the last decade has not been kind to the image of economists: asleep at the wheel (perhaps with the foot on the gas pedal) in the run-up to the great recession, squabbling about how to get out of it, tone-deaf in discussions of the plight of Greece or the Euro area; they seem to have lost the ability to provide reliable guidance on the great problems of the day.
In this ambitious, provocative book Abhijit V.... more
Chiki SarkarJust in and Looking good - the new book by the best selling and super brilliant authors of poor economics. @juggernautbooks https://t.co/wcHLVehE1x (Source)
John QuigginIt very much reflects the positive direction of economics over the past decade or two. It’s focused on data and randomized control tests. It’s about developing policy improvements that will make life better for people and working out which kinds of policy interventions actually work and which don’t—without an excessively dogmatic starting point. So the general spirit is to say, ‘Let’s look at... (Source)
Malcolm Gladwell redefined how we understand the world around us. Now, in Blink, he revolutionizes the way we understand the world within. Blink is a book about how we think without thinking, about choices that seem to be made in an instant - in the blink of an eye - that actually aren't as simple as they seem. Why are some... more
Mike ShinodaI know most of the guys in the band read [this book]. (Source)
Marillyn HewsonCEO Marilyn Hewson recommends this book because it helped her to trust her instincts in business. (Source)
Cat Williams-TreloarThe books that I've talked the most about with friends and colleagues over the years are the Malcolm Gladwell series of novels. Glorious stories that mix science, behaviours and insight. You can't go wrong with the "The Tipping Point", "Outliers", "Blink" or "David & Goliath". (Source)
With the eye and ear of a born storyteller, Michael Lewis shows us how things really worked on Wall Street....
moreJohn LanchesterIt’s still a wonderfully entertaining book: An absolutely hilarious, very, very dark, vivid account of how Michael Lewis came out of Princeton and, with basically no qualifications, got a job in the bond trading department of Salomon Brothers (Source)
Audrey RussoQuestion: What books would you recommend to young people interested in your career path? Answer: Anything by Peter Senge. The Hard Thing About Hard Things – Ben Horowitz Once you are Lucky, Twice you are good – Sara Lacey Revolutionary Wealth – Alvin Toffler Black Swan – Taleb Reset: My Fight for Inclusion and Lasting Change, by Ellen Pao. Creative Class – Richard Florida Creativity Inc. by Ed... (Source)
The answer: turn to Burton G. Malkiel’s advice in his reassuring, authoritative, gimmick-free, and perennially best-selling guide to investing. Long established as the first book to purchase before starting a portfolio or 401(k), A Random Walk Down Wall Street now features new material on “tax-loss harvesting,” the crown jewel of tax management; the current bitcoin bubble; and automated investment advisers; as well as a brand-new chapter on... more
Michael HebenstreitIf you want to get into stock trading or in case you want to become an investor, then I definitely would recommend to read the book I already mentioned and in addition: A Random Walk Down Wall Street by Burton Malkiel. (Source)
Andrew W LoIt’s a wonderful read because it doesn’t presuppose any background knowledge of economics or finance…It’s had so much staying power. It was written in the 1970s, a bestseller when it came out, and it’s still a bestseller now. I recommend it to my MBA students today because it’s just a wonderful introduction to the field of finance. At the same time, it provides some very sensible advice for... (Source)
Satya Nadella"My father recommended this book long ago,” says Nadella of the 1944 classic by a Hungarian-American writer who chronicles the development of England’s market economy and argues that society should drive economic change. (Source)
Mark BlythA story which stretches from 1815 to 1914. He says it was 100 years of peace, although that’s not actually true because if you were a colonial subject it was hardly peaceful. (Source)
Dani RodrikIt makes a rather important point, that the economy has always been embedded in society, and when we try to disembed it from society and treat it like an independent institution, then we’re really going to run into trouble. (Source)
Now, with Think Like a Freak, Steven D. Levitt and Stephen J. Dubner have written their most revolutionary book yet. With their trademark blend of captivating storytelling and unconventional analysis, they take us inside their thought process and teach us all to think a bit more productively, more creatively, more rationally—to think, that is, like a Freak.
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Diane CoyleThe Wealth And Poverty of Nations is one of several really fantastic economic history books of recent times. (Source)
Sean TurnellIt’s the most erudite examination of what causes economic development and growth that’s been written in many decades. (Source)
Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a piñata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish.
Michael Lewis's investigation of... more
Will Smith[Will Smith mentioned sharing this book with his son.] (Source)
Mark ZuckerbergMy next book for A Year of Books is The Rational Optimist by Matt Ridley. Two of the books I've read this year -- The Better Angels of Our Nature: and Why Nations Fail -- have explored how social and economic progress work together to make the world better. The Better Angels argues for that the two feed off each other, whereas Why Nations Fail argues that social and political progress ultimately... (Source)
Bill GatesIts subject is the history of humanity, focusing on why our species has succeeded and how we should think about the future. (Source)
Marc AndreessenSparkling explanation of how the economy evolves, producing the glorious cornucopia of goods and services available all around us. How to feel good about the future even in dark times. (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
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Dave Collum@cullenroche You ever read "Millionaire Next Door"? You just described parts of it. Great book, IMO. (Source)
—Newsweek
One the 100 most influential books published since World War II
—The Times Literary Supplement
Hailed as an "eco-bible" by Time magazine, E.F. Schumacher's riveting, richly researched statement on sustainability has become more relevant and vital with each year since its initial groundbreaking publication during the 1973 energy crisis. A landmark statement against "bigger is better" industrialism, Schumacher's Small Is Beautiful paved the way... more
Bill GatesIf you want a good understanding of how the issues that cause poverty are intertwined, you should read this book about the eviction crisis in Milwaukee. Desmond has written a brilliant portrait of Americans living in poverty. He gave me a better sense of what it is like to be poor in this country than anything else I have read. (Source)
Satya NadellaNadella is using this season to learn more in a variety of subjects. By the looks of it, he is interested in, among other things, virtual reality, the refugee crisis, and housing for the urban poor. (Source)
Noah KaganSurprising insights into the lives of people who were evicted. I make a lot of assumptions about these people. Turns out I was wrong WHY they get evicted. (Source)
In her most provocative book yet, Naomi Klein, author of the global bestsellers The Shock Doctrine and No Logo, exposes the myths that are clouding climate debate.
You have been told the market will save us, when in fact the addiction to profit and growth is digging us in deeper every day. You have been told it's impossible to get off fossil... more
In an audiobook that challenges everything you thought you knew, W. Chan Kim and Renee Mauborgne assert that tomorrow's leading companies will succeed, not by battling their rivals for market share in the bloody "red ocean" of a shrinking profit pool, but by creating "blue oceans" of untapped new market spaces ripe for growth.
Based on a study of 150 strategic moves, spanning more than 100 years and 30 industries, they provide a... more
Daymond JohnThere are the normal ones that everybody loves. There would be "Rich Dad Poor Dad," "Who Moved My Cheese?;" I love all the Dale Carnegie books; "The One Minute Manager." I love newer ones like "Blue Ocean Strategy" and all the "Freaknomics" books. (Source)
Ryan HolidayI don’t remember who originally told me to read Blue Ocean Strategy but I’m glad they did because this simple recommendation would substantially shape the course of my life and my career. (Source)
Santiago BasultoIt’s hard to pick a favorite business book, they all have a lot of insight spread among different publications. But if I’d need to choose one, it’d be The Blue Ocean Strategy. It completely changed my way of seeing business when I was just getting started. It’s filled with amazing stories and insights. (Source)
In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue... more
Bill GatesI did find his historical analysis, which makes up the bulk of the book, utterly fascinating. (Source)
Brad FeldThe Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War: This book was a grind, but it had a lot of good stuff in it. It’s only 784 pages so it took more than a day to read it. If you are trying to understand what is going on in the current American economy, and why the future will not look like the past, this is a good place to start. (Source)
Satya NadellaCovering everything from the combustion engine to the flush toilet—and judging recent breakthroughs with a skeptical eye—this work of economic history “concludes that innovation is the ultimate source of dramatic improvements in the human condition,” says Nadella. (Source)
Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones.... more
Bill Gates[On Bill Gates's reading list in 2011.] (Source)
Jeffrey D SachsThe book is an attempt to put forward this proposition that we have in our hands now the means to end extreme poverty within our generation. (Source)
Gretchen PetersJeffrey Sachs gives a fascinating and very basic new way of looking at development. Essentially, we all benefit when the poorest people are better off. (Source)
Leah LizarondoThese books propelled me to want to work on a social enterprise and underscored my passion for making a difference in food policy. I believe we can build an innovative company that has deep social impact. That we can use the same mindsets that single bottom-line companies have to build successful triple and quadruple bottom-line companies. It is the holy grail -- for your work to present the... (Source)
Larry SummersGlobalization and its Discontents is a book that anyone looking for a rounded set of perspectives on globalization should read. (Source)
Millions of Americans work full time, year round, for poverty-level wages. In 1998, Barbara Ehrenreich decided to join them. She was inspired in part by the rhetoric surrounding welfare reform, which promised that a job -- any job -- can be the ticket to a better life. But how does anyone survive, let alone prosper, on $6 an hour? To find out, Ehrenreich left her home, took the cheapest lodgings... more
Jim Edwards@Astrologic007 @ainecain @businessinsider @B_Ehrenreich @AndrewYang @carolhunter @esaagar @EmmaVigeland @kthalps @ErinBurnett @mviser Nickel and Dimed is a great book and everyone should read it. @B_Ehrenreich (Source)
Steve MarmelSide note — There’s a fantastic book about this: “Nickle and Dimed.” https://t.co/hykM6zvnBS https://t.co/xkCxxPBBnA (Source)
Angela PhamAnother form of non-fiction heartbreak. This is a timeless look at how most of America survives. You cannot be an empathetic business leader without this lens. (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
- Being comprehensive: you learn the most important points in the book
- Cutting out the fluff: you focus your time on what's important to know
- Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
Bregman shows that we can construct a society with visionary ideas that are, in fact, wholly implementable. Every milestone of civilization – from the end of slavery to the beginning of democracy – was once considered a utopian fantasy. New utopian ideas such as universal basic income and a 15-hour... more
Duan PavloviThank you @rcbregman for this great book! (I am writing a short review, but only in Serbian for a Serbian daily.) (Source)
Liam MartinMax Weber Protestant Ethic, and Karl Marx's Capital had a huge impact on me. If you read Marx with a critical critique you can see that he's laid out a fantastic framework on how capitalism works, I do disagree with his core premise (capitalism being bad) so I took it as a great way to understand how I could operate inside of a capitalist economy. Weber on the other hand shows you exactly how to... (Source)
In 1999, in The Return of Depression Economics, Paul Krugman surveyed the economic crises that had swept across Asia and Latin America, and pointed out that those crises were a warning for all of us: like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and financial wheeler-dealers made vast profits, the international crises of the 1990s faded from memory. But now depression economics has come to America: when the great housing bubble of the mid-2000s...
moreClare LockhartSo my third book choice is The Mystery Of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. Hernando de Soto is a Peruvian economist and one of his earliest books was The Other Path, as opposed to the Shining Path, which documents his attempts, along with the government of Peru, to engage with the Shining Path. And his basic thesis in that book is that many so-called... (Source)
Bill Gates[On Bill Gates's reading list in 2012.] (Source)
Francis FukuyamaReinhart and Rogoff are two macroeconomists who have done a marvellous job in bringing together a lot of historical and international data about how unstable financial systems are. The title of their book, This Time is Different, tells you the whole theme. In many respects, the Wall Street crisis was not at all different from Argentina or Britain in the early 1990s or any number of other crises... (Source)
Dambisa MoyoI think the more interesting story in This Time Is Different is what happens in the aftermath of bubbles, which links to what we were talking about before. In the case of the US, it’s still very reliant on tried and tested formulas to try to sort out economic busts – ie let’s just reflate this bubble by using relatively loose monetary policy and fiscal policy (think low interest rates, tax... (Source)
Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and... more
Francis FukuyamaHe accepts the fact that the crisis had multiple causes but he argues that redistribution done through subsidised lending is one of the most inefficient and dangerous ways to do redistribution. (Source)
George A. AkerlofFault Lines provides an excellent analysis of the lessons to be learned from the financial crisis, and the difficult choices that lie ahead. Of the many books written in the wake of our recent economic meltdown, this is the one that gets it right. (Source)
Robert J ShillerI admire this book because it’s not superficial. It goes for the ultimate causes of the economic crisis we’ve been through. Most people tend to focus in on something approximate. (Source)
Bill GatesOn the short list of books that I recommend to people. (Source)
Nicholas KristofThere’s been a tendency for people looking at global poverty to either emphasise the extraordinary difficulty in making a difference or to make it seem almost too easy. What I really liked about The Bottom Billion is that he acknowledges how difficult it can be to end poverty, but also offers some important ideas about how one can actually make a difference. (Source)
New York Times Bestseller
"Not so different in spirit from the way public intellectuals like John Kenneth Galbraith once shaped discussions of economic policy and public figures like Walter Cronkite helped sway opinion on the Vietnam War…could turn out to be one of the more momentous books of the decade."
-New York Times Book Review
"Nate Silver's The Signal and the Noise is The Soul of a New Machine for the 21st century."
-Rachel Maddow, author of Drift
"A serious... more
Bill GatesAnyone interested in politics may be attracted to Nate Silver’s The Signal and the Noise: Why So Many Predictions Fail—but Some Don't. Silver is the New York Times columnist who got a lot of attention last fall for predicting—accurately, as it turned out–the results of the U.S. presidential election. This book actually came out before the election, though, and it’s about predictions in many... (Source)
Inspired by How an Economy Grows and Why It Doesn’t—a previously published book by the Schiffs’ father Irwin, a widely published economist and... more
Mike HaydonBook by @PeterSchiff "How an Economy Grows and Why it Crashes" came for Mr 7 today. He's already read it twice on the ipad. Time for him to have a "real" copy. He was pretty excited. Great day to get it, what with the RBA rolling over. https://t.co/SpJtSMb8rI (Source)
Doug McMillonHere are some of my favorite reads from 2017. Lots of friends and colleagues send me book suggestions and it's impossible to squeeze them all in. I continue to be super curious about how digital and tech are enabling people to transform our lives but I try to read a good mix of books that apply to a variety of areas and stretch my thinking more broadly. (Source)
David Heinemeier HanssonMichael Lewis is just a great storyteller, and tell a story in this he does. It’s about two Israeli psychologists, their collaboration on the irrationality of the human mind, and the milestones they set with concepts like loss-aversion, endowment effect, and other common quirks that the assumption of rationality doesn’t account for. It’s a bit long-winded, but if you like Lewis’ style, you... (Source)
Francisco Perez MackennaThis summer, Mackenna is learning more about the birth of behavioral economics, the psychology of white collar crime, and the restoration of American cities as locations of economic growth. (Source)
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
- Being comprehensive: you learn the most important points in the book
- Cutting out the fluff: you focus your time on what's important to know
- Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
"The election happened," remembers Elizabeth Sherwood-Randall, then deputy secretary of the Department of Energy. "And then there was radio silence." Across all departments, similar stories were playing out: Trump appointees were few and far between; those that did show up were shockingly uninformed about the functions of their new workplace. Some even threw away the briefing books that had been prepared for them.
Michael Lewis’s brilliant narrative takes us into the... more
Malcolm GladwellIt's good to be reminded every now and again what genius looks like. (Source)
Tim HarfordMichael Lewis could spin gold out of any topic he chose. (Source)
As relevant today as when it was first published over forty years ago, this newly updated edition of Galbraith's classic text on the 'economics of abundance', lays bare the hazards of individual and social complacency about economic inequality.
Why worship work and productivity if many of the goods we produce are superfluous - artificial 'needs' created by high-pressure advertising? Why begrudge... more
John QuigginGalbraith didn’t invent the role of public intellectual/social critic but he certainly occupied it incredibly effectively. He’s making the point – about the US in the 1950s, but it’s even more true today – that at the same time as we have this incredible array of consumer goods, the goods which we rely on the public to provide are decaying. Private affluence and public squalor is the great... (Source)
With a new Afterword addressing today’s financial crisis
A BUSINESS WEEK BEST BOOK OF THE YEAR
In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the...
Max Levchin[Max Levchin recommended this book as an answer to "What business books would you advise young entrepreneurs read?"] (Source)
John GapperThe Fed itself did not bail out LTCM, but it was worried enough to get a bunch of big banks into the room and say, “Would you care to chip in and save this thing?” Which they obligingly did – and then liquidated it. The Fed foresaw that the failure of a single big hedge fund could send shock waves through the entire financial system. The issue of systemic risk was highlighted. (Source)
Roger ThurowI chose this book for the power of the story that he tells – the founding of Grameen Bank and the success that it has had. (Source)
Environmental damage, climate change, globalization, rapid population growth, and unwise political choices were all factors in the demise of societies around the world, but some found solutions and persisted. As in Guns, Germs, and Steel, Diamond traces the fundamental pattern of catastrophe, and weaves an all-encompassing global thesis through a series of... more
Bill GatesI found this to be an interesting follow-up to the excellent Guns, Germs, and Steel. It examines the downfall of some of history's greatest civilizations. (Source)
Matthew YglesiasI wanted to get a book on my list that is actually enjoyable to read, so not everything is quite so dry and dull as a narrative. I also wanted to include something that reflects the growing importance of environmental and ecological concerns to progressive politics in America. This is relatively new to the agenda – it’s only been in the last 30 to 35 years. But going forward, one of the most... (Source)
Stefan LessardHe should read this book I’m almost finished with. Jared Diamond is one of my favorite historical authors. https://t.co/f9JLYlsc4v https://t.co/KtPgMZaWen (Source)
Grant CardoneThis isn’t philosophy—it’s the pragmatic way to riches. I loved how Wallace talked about how becoming rich is a noble desire. Too many people start saying things like “money isn’t everything” when you claim you want to be rich. You need money to access things in your environment. Your potential can only be reached when you are in full possession of wealth. This book gives a method for success... (Source)
Chelsea FrankI read everything with an open mind, often challenging myself by choosing books with an odd perspective or religious/spiritual views. These books do not reflect my personal feelings but are books that helped shape my perspective on life, love, and happiness. (Source)
Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global... more
In her new preface, Jane Mayer discusses the results of the most recent election and Donald Trump's victory, and how, despite much discussion to the contrary, this was a huge victory for the billionaires who have been pouring money in the American political system.
Why is America living in an age of profound and widening economic... more
Avi AsherschapiroWho could forget that great book of reportage, "Dark Money," about the shadowy mechanization of the Nurses Union & the Climate Change Youth Movement. (Source)
This book is about the most blatant scam of history. It's all here: the cause of wars, boom-bust cycles, inflation,... more
Marvin LiaoI tend to jump from book to book and may switch if I am interested in some new topic. This is a pleasure for me (which I also do benefit work wise from too). It’s quite a random list because I have eclectic interests (or just scatterbrained most likely) on tech business, AI, general global economy, geopolitics, rising Biotech economy & history. I'm basically 15% to 50% into all these books. (Source)
Employing DK's trademark visual approach, The Economics Book takes a frequently confusing subject and makes sense of it, clearly highlighting both... more
Don't have time to read the top Economics books of all time? Read Shortform summaries.
Shortform summaries help you learn 10x faster by:
- Being comprehensive: you learn the most important points in the book
- Cutting out the fluff: you focus your time on what's important to know
- Interactive exercises: apply the book's ideas to your own life with our educators' guidance.
John GapperThe book shows his talent as a popular economist. It’s not chiefly a work of economics, though it does analyse the causes of the Great Depression. It’s more a work of history, almost of journalism. For an academic, Galbraith writes unusually well. (Source)
As global corporations compete for the hearts and wallets of... more
Bogdana ButnarI thought I might put my money where my mouth is. I keep whining that young people are not in touch with some essential books on advertising that have helped me shape the way I practise my trade today, but I never did anything about it. So I am starting here the ultimate books to read list. I will add to it as I get suggestions and as more good books get written. (Source)
David LammyThis is another modern classic worth revisiting. It charts how brands have become tangled up with identity – how they stopped being markers of quality and became symbols of identity and markers of status. Logos have moved from the inside label to being splashed all over products. Having a coffee in Starbucks is an experience not a product. What you wear helps signal your worth. (Source)
The Prize is as much a history of the twentieth century as of the oil industry itself. The canvas of history is enormous -- from the drilling of the first well in Pennsylvania through two great world wars to the Iraqi invasion of Kuwait and Operation Desert Storm. less
Bill Gates[On Bill Gates's reading list in 2012.] (Source)
Chris GoodallA wonderfully readable history of the development of the oil age. (Source)
The shift toward automation is about to create a tsunami of unemployment. Not in the distant future--now. One recent estimate predicts 45 million American workers will lose their jobs within the next twelve years--jobs that won't be replaced. In a future marked by restlessness and chronic unemployment,... more
James Altucher@hallofwonders He's appealing to you and me. In any case, I highly recommend a great book, 'The War on Normal People' , by a brilliant young man named @AndrewYang (Source)
Marieme JammeThank you @AndrewYang for this awesome book. Merry Christmas to you and four family 🦋❤️#maths https://t.co/TbX5QnPXPc (Source)
Travis Akers@caro I am reading his book right now. Some great ideas. I believe I read Warren is reading it as well. (Source)
The Curies' newly discovered element of radium makes gleaming headlines across the nation as the fresh face of beauty, and wonder drug of the medical community. From body lotion to tonic water, the popular new element shines bright in the otherwise dark years of the First World War.
Meanwhile, hundreds of girls toil amidst the glowing dust of the radium-dial factories. The glittering chemical covers their bodies from head to toe; they light up the night like industrious fireflies.... more
The original and bestselling 2000 edition of Irrational Exuberance... more
Invisible Women shows us how, in a world largely built for and by men, we are systematically ignoring half the population. It exposes the gender data gap – a gap in our knowledge that is at the root of perpetual, systemic discrimination against... more
Konnie Huq@FenTiger697 @WokingAmnesty @CCriadoPerez @Hatchards @radioleary Brilliant book by the brilliant @CCriadoPerez 😍 (Source)
Feminist Next Door@Rockmedia Awesome book (Source)
Nigel ShadboltInvisible Women is an exposé of just how much of the world around us is designed around the default male. Deploying a huge range of data and examples, Caroline Criado Perez, who is a writer, broadcaster and award winning campaigner, presents on overwhelming case for change. Every page is full of facts and data that support her fundamental contention that in a world built for and by men, gender... (Source)
An Economist Best Book of 2015
"The most important book on decision making since Daniel Kahneman's Thinking, Fast and Slow."
—Jason Zweig, The Wall Street Journal
Everyone would benefit from seeing further into the future, whether buying stocks, crafting policy, launching a new product, or simply planning the week’s meals. Unfortunately, people tend to be terrible forecasters. As Wharton professor Philip Tetlock showed in a landmark 2005 study, even... more
Sheil KapadiaRead the book Superforecasting, had a great conversation with @bcmassey and came up with seven ideas for how NFL teams can try to find small edges during the draft process. Would love to hear feedback on this one. https://t.co/PdN1fKCagl (Source)
Julia Galef[Has] some good advice on how to improve your ability to make accurate predictions. (Source)
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