Here are 100 books that The Armchair Economist fans have personally recommended if you like
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I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that.
I think economics has a bad reputation, and it is mostly due to economists' either deliberately or inadvertently communicating poorly in class, on TV and radio, in podcasts, and in writing.
This book is none of that. It was written by a well-respected old-school journalist who could really write. I like its approach of short, punchy chapters. Hemmingway-like in its writing and style, it truly delivers what the title promises. I have a poster of this author on my office wall.
With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day.
Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote…
I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that.
So many people miss the fact that economics is a social science; it is about us as people, and I love this book because it does not forget that, indeed, it reminds me that everyone is an amateur practicing economist.
I like this book because it applies economics to every day and not-so-everyday situations and explains how people can use economic ideas to practically make their lives better. It is one of the few books I have read that has changed a common activity I do: what I order at a restaurant.
In Discover Your Inner Economist one of America’s most respected economists presents a quirky, incisive romp through everyday life that reveals how you can turn economic reasoning to your advantage—often when you least expect it to be relevant.
Like no other economist, Tyler Cowen shows how economic notions--such as incentives, signals, and markets--apply far more widely than merely to the decisions of social planners, governments, and big business. What does economic theory say about ordering from a menu? Or attracting the right mate? Or controlling people who talk too much in meetings?…
I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that.
I do not read romance novels; they're not my thing, except this one. I found this book to be charming and an easy read. It delivers good ideas in a format that is so missing these days: earnest conversation between people who respect each other despite differences, a respect that grows into a romance.
I thought this was a fun read, I found myself rooting for the characters, hoping things worked out and the economics is delivered in easy chunks and not preachy or overbearing and a natural part of the story.
A lively, unorthodox look at economics, business, and public policy told in the form of a novel.
A love story that embraces the business and economic issues of the day?
The Invisible Heart takes a provocative look at business, economics, and regulation through the eyes of Sam Gordon and Laura Silver, teachers at the exclusive Edwards School in Washington, D.C. Sam lives and breathes capitalism. He thinks that most government regulation is unnecessary or even harmful. He believes that success in business is a virtue. He believes that our humanity flourishes under economic freedom. Laura prefers Wordsworth to the Wall…
I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that.
I like mysteries, and I have read all of the greats. This is not Sherlock Holmes quality, but it is good and another fun read. It presents ideas and their practical application in a fun and familiar format.
I love this book for the story. The hero is an economics professor, and it has a sense of humor. Co-written by two award-winning economists who invented a nom-de-plume and gave it a very funny backstory about being a cocoa bean investor, that sort of fun comes through in the book as well. Plus, it is set where so many great adventures are: in the Caribbean. Murder, the tropics, and economics—what’s not to love?
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…
With a long background in international banking and finance I am an advisor, writer, and speaker on behavioural risk, disruptive change & decision making. My primary interest is in understanding the decision making and risk taking processes of people and organisations, and how we can make better decisions and take more profitable risks. In addition, much of my research and work concentrates on how to understand emerging trends in business; and how our own biases and behaviours affect the way we either succeed or fail in new environments.
A fascinating look at Complexity Science and so-called self-organising systems and how they contribute to wealth creation.
This a rather long, and maybe slightly daunting, book. A criticism might be that the author is long winded in some of his detailed examination of new themes and ideas in economics. However, at the heart of the book is the desire to understand how real people, make real decisions in the real world.
Economics is changing radically. This paradigm shift, the biggest in the field for over a century, will have profound implications for business, government and society for decades to come.
In this groundbreaking book, economic thinker and writer Eric Beinhocker surveys the cutting-edge ideas of the leading economists, physicists, biologists and cognitive scientists who are fundamentally reshaping economics, and brings their work alive for a broad audience.
These researchers argue that the economy is a 'complex adaptive system', more akin to the brain, the internet or an ecosystem than to the static picture of economic systems portrayed by traditional theory. They…
Everyone should be able to live a meaningful life in a place they love, where their day-to-day efforts participating in society result in the community becoming a more prosperous place over time, for themselves, and for those who come next. I founded Strong Towns to help people recognize that they have this opportunity, that they and their neighbors working together have the capacity to make things better, despite everything else going on. Cities are works in progress. It is not our job to finish ours, but we all have a role to play in making it stronger.
I was introduced to Jane Jacobs as required reading during graduate school. I’m convinced that most urban planners who claim to adore Jacobs have not actually read her, particularly Cities and the Wealth of Nations, which is my favorite. Its thoroughly brutal logic stands in contrast to nearly everything we still do to manage our cities. Jacobs is an insightful genius.
In this eye-opening work of economic theory, Jane Jacobs argues that it is cities—not nations—that are the drivers of wealth. Challenging centuries of economic orthodoxy, in Cities and the Wealth of Nations the beloved author contends that healthy cities are constantly evolving to replace imported goods with locally-produced alternatives, spurring a cycle of vibrant economic growth. Intelligently argued and drawing on examples from around the world and across the ages, here Jacobs radically changes the way we view our cities—and our entire economy.
'Human development' indicates an advancement that I would like to find in any kind of progress. Different disciplines define 'human development' in different ways, but my research is to identify the common core in order to link both the individual- with the social dimension, and natural evolution with changes due to personal choices and policies. Through such research, I have been able to take a new perspective on my academic subjects: economic growth and happiness. My belief is that it is possible to make human development, economic growth, and happiness go together. But unfortunately, this is not what is occurring, and understanding why is key.
This book is one of the most effective attacks against the market tendency to commercialize any good, ending up corroding what is most intrinsically human in social relationships and in people's intimate lives.
The effectiveness of the book lies in the examples, ranging from the sale of kidneys to paying someone to be substituted in the queue.
The most important lesson of the book is that market-driven economic growth has not only transformed the environment to make our lives more comfortable, thus hitting the limit in environmental degradation, but it has also transformed ourselves, because it has made us more consumers and less human.
This silent transformation - the philosopher Sandel teaches us - must be limited.
In What Money Can't Buy, renowned political philosopher Michael J. Sandel rethinks the role that markets and money should play in our society.
Should we pay children to read books or to get good grades? Should we put a price on human life to decide how much pollution to allow? Is it ethical to pay people to test risky new drugs or to donate their organs? What about hiring mercenaries to fight our wars, outsourcing inmates to for-profit prisons, auctioning admission to elite universities, or selling citizenship to immigrants willing to pay?
The world around us is an amazing and beautiful place and for me science adds another layer of appreciation. I am a Professor of Earth System Science at University College London - which means I am lucky enough to research climate change in the past, the present, and the future. I study everything from early human evolution in Africa to the future impacts of anthropogenic climate change. I have published over 190 papers in top science journals. I have written 10 books, over 100 popular articles and I regularly appear on radio and television. My blogs on the 'Conversation' have been read over 5.5 million times and you might want to check them out!
Let us be realistic, we all know that our economic system is broken. We cannot go on making stuff and throwing it away on a finite planet.
There are now 8 billion people on Earth all wanting to have a good life. So what is the alternative to economic growth? Well, Tim wonderfully shows us how the economy of tomorrow could protect employment, facilitate social investment, reduce inequality, and deliver both ecological and financial stability.
When this book was first published it was seen as a radical and dangerous text. Now with the rise of environmental and ecological economics it is the fundamental book that kicked off the revolution in the way we see the future.
Is more economic growth the solution? Will it deliver prosperity and well-being for a global population projected to reach nine billion? In this explosive book, Tim Jackson - a top sustainability adviser to the UK government - makes a compelling case against continued economic growth in developed nations.
No one denies that development is essential for poorer nations. But in the advanced economies there is mounting evidence that ever-increasing consumption adds little to human happiness and may even impede it. More urgently, it is now clear that the ecosystems that sustain our economies are collapsing under the impacts of rising…
I’m an architect, ecodesigner, economist, environmentalist, author, and professor. I like making use of all or parts of these to break down silos between fields in order to better understand and communicate sustainability. As a professor who is hoping to entice the next generation to not repeat our environmental mistakes, I try to emphasize carrots rather than sticks. I look to the win-win-win approaches: the symbiotic overlaps between sustainability, health, happiness, and economics. I call this EcoOptimism, and it’s the focus of my blog by the same title. Though it can be harder to remain optimistic amidst the worsening climate crisis and other environmental issues, I still find it one of the most viable routes.
Upon seeing me carrying this book around, a friend of mine looked at me curiously and asked why we wouldn’t want growth and instead want prosperity. I realized she had misinterpreted this book’s title. The author isn’t referring to personal growth (which is, of course, good) but to economic growth and the assumption that bigger economic numbers (GDP) are better. The idea may get a bit geeky, but economic growth tends to not emphasize the things that are important (the unpaid tasks of taking care of elderly parents, for instance) but count the money spent on things that we’d rather not have more of, for example, prisons and war. What we want to measure and encourage are the things that truly make us better people and better societies. Happily, those things also tend to not be as environmentally bad.
What can prosperity possibly mean in a world of environmental and social limits?
The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson's piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions.
This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a 'post-growth' economy is a precise, definable and meaningful task.…
We know that there are markets for “illegal” goods and services, but how do these illegal markets operate? It’s not about who is participating in the market, but about how markets for things that are illegal function. How do you start your illegal business? How do you attract customers? How do you establish a reputation? All of these things are questions that attracted me to the study of male sex work. It is an occupation is thousands of participants. I was excited about the way that male sex work is illegal but also in plain view on the internet.
If you want to know how economists think about sex work (which is, after all, a market transaction) this is the book to go to.
This is a collected volume, but if you were interested in how economists do work on sex work and what the major findings have been in the process, you would want to read this book.
There are technical issues covered here in terms of data, how research on sex work is different in developed versus developing countries, and the online market for sex work.
It also contains a great discussion of the public health issues involved and what we know about sex work and its relationship to STIs.
Prostitution bears the unique title of being both the "world's oldest profession" and one of the least understood occupations. Unlike most of the crime and family literature, prostitution appears to be have all the features of traditional markets: prices, supply and demand considerations, variety in the organizational structure, and policy relevance. Despite this, economists have largely ignored prostitution in their research and writings. This has been changing, however, over the last twenty years as greater access to data has enabled economists to build better theories and gain a better understanding of the organization of sex market.
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