Want to know what books Daniel Hamermesh recommends on their reading list? We've researched interviews, social media posts, podcasts, and articles to build a comprehensive list of Daniel Hamermesh's favorite book recommendations of all time.
1
From the author of EXPECTING BETTER, an economist's guide to the early years of parenting
With EXPECTING BETTER, award-winning economist Emily Oster spotted a need in the pregnancy market for advice that gave women the information they needed to make the best decision for their own pregnancies. By digging into the data, Oster found that much of the conventional pregnancy wisdom was wrong. In CRIBSHEET, she now tackles an even great challenge: decision making in the early years of parenting.
As any new parent knows, there is an abundance of often-conflicting advice... more From the author of EXPECTING BETTER, an economist's guide to the early years of parenting
With EXPECTING BETTER, award-winning economist Emily Oster spotted a need in the pregnancy market for advice that gave women the information they needed to make the best decision for their own pregnancies. By digging into the data, Oster found that much of the conventional pregnancy wisdom was wrong. In CRIBSHEET, she now tackles an even great challenge: decision making in the early years of parenting.
As any new parent knows, there is an abundance of often-conflicting advice hurled at you from doctors, family, friends, and the internet. From the earliest days, parents get the message that they must make certain choices around feeding, sleep, and schedule or all will be lost. There's a rule--or three--for everything. But the benefits of these choices can be overstated, and the tradeoffs can be profound. How do you make your own best decision? less See more recommendations for this book...
2
In 2014, when we published the first beta of The Economy online, Camila Cea provided a preface. At the time, she was a recent economics graduate, but already a veteran of a successful protest movement in Chile that was advocating policies to advance economic justice. She and her fellow students at the University of Chile had been shocked to discover their economics courses addressed none of their concerns about the problems of Chile’s economy. They demanded changes in the curriculum. The director of the School of Economics and Business at the time, Oscar Landerretche, responded to their... more In 2014, when we published the first beta of The Economy online, Camila Cea provided a preface. At the time, she was a recent economics graduate, but already a veteran of a successful protest movement in Chile that was advocating policies to advance economic justice. She and her fellow students at the University of Chile had been shocked to discover their economics courses addressed none of their concerns about the problems of Chile’s economy. They demanded changes in the curriculum. The director of the School of Economics and Business at the time, Oscar Landerretche, responded to their demands. Camila and Oscar are both now Trustees of CORE Economics Education.
Since then, courses based on CORE’s text have been taught as the standard introduction to economics at University College London, Sciences Po (Paris), the Toulouse School of Economics, Azim Premji University (Bangalore), Humboldt University (Berlin), the Lahore University of Management Sciences and many other universities throughout the world. In July 2017, as we write this, 3,000 economics teachers from 89 countries have registered for access to our supplementary teaching materials.
Camila’s perspective on The CORE Project at the beginning of our journey captures the motivation that continues to inspire us. She wrote:
We want to change the way economics is taught. Students and teachers tell us this is long overdue. When the Financial Times in the UK wrote about CORE in November 2013, it sparked an online debate about teaching and learning economics that attracted 1,214 posts in 48 hours. Students in economics all over the world were asking, just as I had asked a few years previously: ‘Why has the subject of economics become detached from our experience of real life?’
Nataly Grisales, like me an economics student from Latin America, recently wrote about learning economics on her blog: ‘Before I chose economics a professor mentioned that economics would give me a way to describe and predict human behaviour through mathematical tools. That possibility still seems fantastic to me. However, after semesters of study I had many mathematical tools, but all the people whose behaviour I wanted to study had disappeared from the scene.’
Like Nataly, I remember asking myself if my economics classes would ever get around to addressing the questions that motivated me to take up economics in the first place.
And that’s why my colleagues in the CORE team have created this material. It has made me believe again that studying economics can help you to understand the economic challenges of the real world, and prepare you to confront them.
Please join us.
Camila and Nataly did not get the best that economics has to offer. CORE’s mission is to introduce students to what economists do now, and what we know. Today, economics is an empirical subject that uses models to make sense of data. These models guide government, business, and many other organizations on the trade-offs they face in designing policies.
Economics can provide tools, concepts and ways to understand the world that address the challenges that drive students like Nataly and Camila to the subject. Sadly, they are often not a big part of the courses that thousands of students take.
In the four years that The CORE Project has been running we have tried an experiment in classrooms around the world. We ask students: ‘What is the most pressing problem that economists should address?’ The word cloud below shows the response that students at Humboldt University gave to us on the first day of their first class in economics. The size of the word is proportional to the frequency with which they mentioned the word or phrase. less Daniel HamermeshIt represents a revolutionary approach to introductory economics that draws the reader into the subject. It is catching on widely and will affect economic thinking in the population as a whole for a long time. (Source)
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Staffan Burenstam Linder | 4.85
Daniel HamermeshThis is a wonderful book. It’s a popularisation of an article that Gary Becker published in The Economic Journal in 1965, called “A Theory of the Allocation of Time”. The idea of that article, which I think is one of the great papers in economics, was that we have a certain amount of time, and we have a certain amount of money. We can trade part of that time to make more money, but if we do that,... (Source)
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4
Cinnamon Bay Plantation was the ideal Caribbean island getaway--or so it seemed. But for distinguished Harvard economist Henry Spearman it offered diversion of a decidedly different sort and one he'd hardly anticipated: murder.
While the island police force is mired in an investigation that leads everywhere and nowhere, the diminutive, balding Spearman, who likes nothing better than to train his curiosity on human behavior, conducts an investigation of his own, one governed by rather different laws--those of economics. Theorizing and hypothesizing, Spearman sets himself on the... more Cinnamon Bay Plantation was the ideal Caribbean island getaway--or so it seemed. But for distinguished Harvard economist Henry Spearman it offered diversion of a decidedly different sort and one he'd hardly anticipated: murder.
While the island police force is mired in an investigation that leads everywhere and nowhere, the diminutive, balding Spearman, who likes nothing better than to train his curiosity on human behavior, conducts an investigation of his own, one governed by rather different laws--those of economics. Theorizing and hypothesizing, Spearman sets himself on the killer's trail as it twists from the postcard-perfect beaches and manicured lawns of a resort to the bustling old port of Charlotte Amalie to densely forested hiking trails with perilous drops to a barren offshore cay. less Daniel HamermeshI chose this partly for personal reasons. First of all, as you probably guessed, the author’s name is not a real person. It’s two guys who were buddies in graduate school and got together and wrote this. I also like it because it takes place in St John, USVI, which is where I spent my honeymoon. In fact, it takes place at the same resort, which was the only place there at the time. Finally, I... (Source)
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5
Charles T. Clotfelter | 3.70
For almost a century, big-time college sports has been a wildly popular but consistently problematic part of American higher education. The challenges it poses to traditional academic values have been recognized from the start, but they have grown more ominous in recent decades, as cable television has become ubiquitous, commercial opportunities have proliferated, and athletic budgets have ballooned. Drawing on new research findings, this book takes a fresh look at the role of commercial sports in American universities. It shows that, rather than being the inconsequential student activity... more For almost a century, big-time college sports has been a wildly popular but consistently problematic part of American higher education. The challenges it poses to traditional academic values have been recognized from the start, but they have grown more ominous in recent decades, as cable television has become ubiquitous, commercial opportunities have proliferated, and athletic budgets have ballooned. Drawing on new research findings, this book takes a fresh look at the role of commercial sports in American universities. It shows that, rather than being the inconsequential student activity that universities often imply that it is, big-time sports has become a core function of the universities that engage in it. For this reason, the book takes this function seriously and presents evidence necessary for a constructive perspective about its value. Although big-time sports surely creates worrying conflicts in values, it also brings with it some surprising positive consequences. less Daniel HamermeshIt’s fun because large numbers of people in this country, myself, to a small extent, included, enjoy sports. The second thing is that the US is unique in that the training grounds for professional athletes are, and have increasingly become, universities. No other country in the world has universities that also train professional athletes. What’s the economics of this? Who pays for it? What about... (Source)
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6
A sweeping, emotionally riveting first novel—an enthralling family saga of Africa and America, doctors and patients, exile and home.
Marion and Shiva Stone are twin brothers born of a secret union between a beautiful Indian nun and a brash British surgeon at a mission hospital in Addis Ababa. Orphaned by their mother’s death in childbirth and their father’s disappearance, bound together by a preternatural connection and a shared fascination with medicine, the twins come of age as Ethiopia hovers on the brink of revolution. Yet it will be love, not politics—their passion for the... more A sweeping, emotionally riveting first novel—an enthralling family saga of Africa and America, doctors and patients, exile and home.
Marion and Shiva Stone are twin brothers born of a secret union between a beautiful Indian nun and a brash British surgeon at a mission hospital in Addis Ababa. Orphaned by their mother’s death in childbirth and their father’s disappearance, bound together by a preternatural connection and a shared fascination with medicine, the twins come of age as Ethiopia hovers on the brink of revolution. Yet it will be love, not politics—their passion for the same woman—that will tear them apart and force Marion, fresh out of medical school, to flee his homeland. He makes his way to America, finding refuge in his work as an intern at an underfunded, overcrowded New York City hospital. When the past catches up to him—nearly destroying him—Marion must entrust his life to the two men he thought he trusted least in the world: the surgeon father who abandoned him and the brother who betrayed him.
An unforgettable journey into one man’s remarkable life, and an epic story about the power, intimacy, and curious beauty of the work of healing others.
(front flap) less Barack ObamaAs a devoted reader, the president has been linked to a lengthy list of novels and poetry collections over the years. (Source)
Daniel HamermeshThis novel from a decade ago should be read by every American interested in immigration. While it deals with a lot of medical details, the essence of it is about urban life in developing countries and about the immigrant experience. It is both moving and thought-provoking. (Source)
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7
Erik Larson, New York Times bestselling author of Devil in the White City, delivers a remarkable story set during Hitler’s rise to power.
The time is 1933, the place, Berlin, when William E. Dodd becomes America’s first ambassador to Hitler’s Nazi Germany in a year that proved to be a turning point in history.
A mild-mannered professor from Chicago, Dodd brings along his wife, son, and flamboyant daughter, Martha. At first Martha is entranced by the parties and pomp, and the handsome young men of the Third Reich with their infectious enthusiasm for... more Erik Larson, New York Times bestselling author of Devil in the White City, delivers a remarkable story set during Hitler’s rise to power.
The time is 1933, the place, Berlin, when William E. Dodd becomes America’s first ambassador to Hitler’s Nazi Germany in a year that proved to be a turning point in history.
A mild-mannered professor from Chicago, Dodd brings along his wife, son, and flamboyant daughter, Martha. At first Martha is entranced by the parties and pomp, and the handsome young men of the Third Reich with their infectious enthusiasm for restoring Germany to a position of world prominence. Enamored of the “New Germany,” she has one affair after another, including with the suprisingly honorable first chief of the Gestapo, Rudolf Diels. But as evidence of Jewish persecution mounts, confirmed by chilling first-person testimony, her father telegraphs his concerns to a largely indifferent State Department back home. Dodd watches with alarm as Jews are attacked, the press is censored, and drafts of frightening new laws begin to circulate. As that first year unfolds and the shadows deepen, the Dodds experience days full of excitement, intrigue, romance—and ultimately, horror, when a climactic spasm of violence and murder reveals Hitler’s true character and ruthless ambition.
Suffused with the tense atmosphere of the period, and with unforgettable portraits of the bizarre Göring and the expectedly charming--yet wholly sinister--Goebbels, In the Garden of Beasts lends a stunning, eyewitness perspective on events as they unfold in real time, revealing an era of surprising nuance and complexity. The result is a dazzling, addictively readable work that speaks volumes about why the world did not recognize the grave threat posed by Hitler until Berlin, and Europe, were awash in blood and terror. less Steve Schmidt@egayle333 Ellyn, with respect Hitler was always clear about his intent. A great book to read from a US perspective is In the Garden of Beasts. Trump is much more analogous to Mussolini. (Source)
Daniel HamermeshAt a time of increased danger of totalitarianism in the U.S., reading a history of an insider’s view of its growth in Germany in the 1930s gives a good perspective on our contemporary problems, as well as being fascinating history and biography in its own right. (Source)
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Robert L. Heilbroner | 4.32
The Worldly Philosophers not only enables us to see more deeply into our history but helps us better understand our own times. In this seventh edition, Robert L. Heilbroner provides a new theme that connects thinkers as diverse as Adam Smith and Karl Marx. The theme is the common focus of their highly varied ideas—namely, the search to understand how a capitalist society works. It is a focus never more needed than in this age of confusing economic headlines.
In a bold new concluding chapter entitled “The End of the Worldly Philosophy?” Heilbroner reminds us that the word “end”... more The Worldly Philosophers not only enables us to see more deeply into our history but helps us better understand our own times. In this seventh edition, Robert L. Heilbroner provides a new theme that connects thinkers as diverse as Adam Smith and Karl Marx. The theme is the common focus of their highly varied ideas—namely, the search to understand how a capitalist society works. It is a focus never more needed than in this age of confusing economic headlines.
In a bold new concluding chapter entitled “The End of the Worldly Philosophy?” Heilbroner reminds us that the word “end” refers to both the purpose and limits of economics. This chapter conveys a concern that today’s increasingly “scientific” economics may overlook fundamental social and political issues that are central to economics. Thus, unlike its predecessors, this new edition provides not just an indispensable illumination of our past but a call to action for our future. (amazon.com) less 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)
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Moneyball is a quest for something as elusive as the Holy Grail, something that money apparently can't buy: the secret of success in baseball. The logical places to look would be the front offices of major league teams and the dugouts, perhaps even in the minds of the players themselves. Michael Lewis mines all these possibilities - his intimate and original portraits of big league ballplayers are alone worth the price of admission - but the real jackpot is a cache of numbers - numbers! - collected over the years by a strange brotherhood of amateur baseball enthusiasts: software... more Moneyball is a quest for something as elusive as the Holy Grail, something that money apparently can't buy: the secret of success in baseball. The logical places to look would be the front offices of major league teams and the dugouts, perhaps even in the minds of the players themselves. Michael Lewis mines all these possibilities - his intimate and original portraits of big league ballplayers are alone worth the price of admission - but the real jackpot is a cache of numbers - numbers! - collected over the years by a strange brotherhood of amateur baseball enthusiasts: software engineers, statisticians, Wall Street analysts, layers, and physics professors.
What these geek numbers show - no, prove - is that the traditional yardsticks of success for players and teams are fatally flawed. Even the box score misleads us by ignoring the crucial importance of the humble base on balls. The information has been around for years, and nobody inside Major League Baseball paid it any mind. And then came Billy Beane, general manager of the Oakland Athletics.
Billy paid attention to those numbers - with the second-lowest payroll in baseball at his disposal, he had to - and this book records his astonishing experiment in finding and fielding a team that nobody else wanted. Moneyball is a roller coaster ride: before the 2002 season opens, Oakland must relinquish its three most prominent (and expensive) players, is written off by just about everyone, and comes roaring back to challenge the American League record for consecutive wins.
In a narrative full of fabulous characters and brilliant excursions into the unexpected, Lewis shows us how and why the new baseball knowledge works. He also sets up a sly and hilarious morality tale: Big Money, like Goliath, is always supposed to win... how can we not cheer for David? less 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)
Ed SmithThis is about a guy using econometrics to predict which baseball players will do better in advancing wins, a remarkable use of economic thinking. (Source)
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