The most recommended books about the economy

Who picked these books? Meet our 222 experts.

222 authors created a book list connected to the economy, and here are their favorite economy books.
Shepherd is reader supported. When you buy books, we may earn an affiliate commission.

What type of economy book?

Loading...
Loading...

Book cover of The Price of Inequality: How Today's Divided Society Endangers Our Future

Dennis W. Johnson Author Of American Public Policy: Federal Domestic Policy Achievements and Failures, 1901 to 2022

From my list on understanding public policy challenges and failures.

Why am I passionate about this?

Much of my academic work has been focused on American domestic public policy. Previously, I wrote a ground-breaking book called The Laws that Shaped America, which focused on 15 key laws in American history. My latest book, American Public Policy: Federal Domestic Policy Achievements and Failures, 1901 to 2022, focuses on what we have accomplished, but even more importantly on what we have failed to do. And, boy, do we have work to do: inequality, climate change, immigration, racial injustice, gun violence, drug addiction, and more. I’m passionate about what good government can accomplish, and, like so many, sadden by what we have failed to accomplish.

Dennis' book list on understanding public policy challenges and failures

Dennis W. Johnson Why did Dennis love this book?

This Nobel Prize-winning economist gets right to the heart of America’s problems: the growing divide between the rich and the rest of society.

We can see the toll declines in the standard of living have taken: malnutrition, drug abuse, shortened life expectancy, lack of access to much-needed health care, desperation and increased economic insecurity among the poor and a shrinking middle class in America.

Stiglitz convincingly shows how Federal Reserve policies, budgetary policies of Congress, and globalization have increased the widening gap, but also offers hope for a more economically just future.

By Joseph E. Stiglitz,

Why should I read it?

1 author picked The Price of Inequality as one of their favorite books, and they share why you should read it.

What is this book about?

The top 1 percent of Americans control some 40 percent of the nation's wealth. But as Joseph E. Stiglitz explains in this best-selling critique of the economic status quo, this level of inequality is not inevitable. Rather, in recent years well-heeled interests have compounded their wealth by stifling true, dynamic capitalism and making America no longer the land of opportunity that it once was. They have made America the most unequal advanced industrial country while crippling growth, distorting key policy debates, and fomenting a divided society. Stiglitz not only shows how and why America's inequality is bad for our economy…


Book cover of Insecure Gulf: The End of Certainty and the Transition to the Post-oil Era

Birol Baskan Author Of Turkey and Qatar in the Tangled Geopolitics of the Middle East

From my list on the Persian/Arabian Gulf international politics.

Why am I passionate about this?

The events/developments that unsettle international politics of the Gulf are two kinds: internal and external to the region. Yet, no matter whether it is internal or external, its consequences concern us all, no matter where we live in. What happens in the Gulf does not stay in the Gulf. It unleashes ripple effects that reach directly or indirectly into our pockets and hence our lives. I am one of them and a non-resident scholar in the Middle East Institute, broadly speaking, writing on Turkey, the Persian/Arab Gulf, and the Middle East. 

Birol's book list on the Persian/Arabian Gulf international politics

Birol Baskan Why did Birol love this book?

Security is the prime issue in the international politics of the Gulf. Not just in the narrow military sense. In the broadest sense too. This book takes a comprehensive and in-depth look at the multitude of risks the Arab Gulf states faces, not only military kind (read Iran), but also food and water, environment and climate, sustaining standards of living in the face of a multitude of economic challenges and potential regional state failures. This book is unquestionably a must-read to have a deeper understanding of the complexity of problems the Arab Gulf states have to resolve, some of which are unique to the Gulf, some are not. It will be epic to survive them.

By Kristian Coates Ulrichsen,

Why should I read it?

1 author picked Insecure Gulf as one of their favorite books, and they share why you should read it.

What is this book about?

Increasingly long-term, nonmilitary challenges have remade security concerns in the Persian Gulf. The protection of food, water, and energy, the management and mitigation of environmental degradation and climate change, demographic pressures and the youth boom, the reformulation of structural deficiencies, and the fallout from progressive state failure in Yemen all require a broad, global, and multidimensional approach to achieving security in the Gulf. While traditional threats from Iraq and Iran, nuclear proliferation, and transnational terrorism remain robust, new challenges could potentially destabilize the redistributive mechanisms of state and society in the Arab oil monarchies. Insecure Gulf explores this new reality,…


Book cover of The Entrepreneurial Society

Joe Carlen Author Of A Brief History of Entrepreneurship: The Pioneers, Profiteers, and Racketeers Who Shaped Our World

From my list on the impact of entrepreneurship on society.

Why am I passionate about this?

As an entrepreneur and a professional business valuation specialist, I have a passion for understanding entrepreneurship and its often-transformational impact on society/civilization. Having worked with many business owners and inventors over the years, I've noticed that money is not always the primary motivating factor for entrepreneurs. In many instances, the benefits their products and services are intended to provide—and, in some instances, the wider social implications of those benefits—are what animates these business adventurers the most. So, these days when the work of NewSpace entrepreneurs like Musk, Bezos, and Branson are likely leading humankind to a multiplanetary future, it's an opportune time to explore the impact of entrepreneurship on society. 

Joe's book list on the impact of entrepreneurship on society

Joe Carlen Why did Joe love this book?

The impact of entrepreneurship on society is clearly of great interest to the author, an economist at Indiana University. Often contrasting Europe, where Dr. Audretsch has spent a considerable amount of time, with his native United States, the author explores the socioeconomic implications of America’s transition from a job-for-life society to The Entrepreneurial Society

For example, he explains that the entrepreneurial thrust in American business and academia in the late 20th century/early 21st century have generated an impressive job-creating engine, especially in contrast to the relatively stagnant job growth in most of Europe. The Entrepreneurial Society stands as an important discussion about the impact of entrepreneurship on 21st-century society and the book’s transatlantic scope makes it particularly interesting. 

By David B. Audretsch,

Why should I read it?

1 author picked The Entrepreneurial Society as one of their favorite books, and they share why you should read it.

What is this book about?

Your father most likely enjoyed the security of life-time employment with a major corporation. No more. While the previous generation had an average of four employers over the course of their lifetimes, the current generation will hold four different jobs by the time they reach 30. One of their employers will be either someone they know or themselves. If you're not an agent of change by contributing to innovation and doing something different and better today than
yesterday, don't expect your job to be around for much longer. Over two-thirds of college students will be their own boss at some…


Book cover of Sh*tshow! The Country's Collapsing...and the Ratings Are Great

Bruce Siwy Author Of Jailing the Johnstown Judge: Joe O'Kicki, the Mob and Corrupt Justice

From my list on for journalists by journalists.

Why am I passionate about this?

Today's reporter inhabits an environment ranging from hostile to apathetic. Somewhere beyond the blistering criticism and rabid mistrust is the writer's haunting suspicion that today's revelatory art will line the reader's birdcage before his or her lunchtime McChicken. I get it. My entire professional career has been spent filing Right-to-Know and other public information requests, working the phones, chasing the perfect photo, and hammering at the keyboard in the hopes of something legible. On occasion I've mined something of both meaning and impact. That's what the writers I've featured have done as well as anyone I've ever read. May you find their journalism as inspiring as I do.

Bruce's book list on for journalists by journalists

Bruce Siwy Why did Bruce love this book?

Believe it or not, this irreverently titled gem was recommended to me by a pastor.

Charlie LeDuff is no saint, but his sermons on racial unrest, politician-class hypocrisy, and the poisoned water of Flint, Michigan should evoke some Old Testament outrage in any red-blooded American.

LeDuff shrugs off the tired tropes and narratives for a God's-honest odyssey of the U.S. to document corrosions within our culture and society. I dig his style and, more critically, his clear-eyed examination of the problems average people are facing across the country.

Sh*tshow! is a fun and refreshing read, sure to help recharge the batteries of even our most cynical.

By Charlie Leduff,

Why should I read it?

1 author picked Sh*tshow! The Country's Collapsing...and the Ratings Are Great as one of their favorite books, and they share why you should read it.

What is this book about?

A daring, firsthand, and utterly-unscripted account of crisis in America, from Ferguson to Flint to Cliven Bundy's ranch to Donald Trump's unstoppable campaign for President--at every turn, Pulitzer-prize winner and bestselling author of Detroit: An American Autopsy, Charlie LeDuff was there

In the Fall of 2013, long before any sane person had seriously considered the possibility of a Trump presidency, Charlie LeDuff sat in the office of then-Fox News CEO Roger Ailes, and made a simple but prophetic claim: The whole country is bankrupt and on high boil. It’s a shitshow out there. No one in the bubbles of Washington,…


Book cover of The Death of the Artist: How Creators Are Struggling to Survive in the Age of Billionaires and Big Tech

Bill Bruford Author Of Bill Bruford: the Autobiography: Yes, King Crimson, Earthworks and More

From Bill's 3 favorite reads in 2023.

Why am I passionate about this?

Author Scholarly drummer Contributor Walker

Bill's 3 favorite reads in 2023

Bill Bruford Why did Bill love this book?

I strongly recommend this book to anyone interested in the arts and artists, because it can do for you what it did for me. It explains why we get the art we get. Deresiewicz’s central question is how to keep body and soul alive while making a living following your creative muse.

Today’s artists are obliged to engage in a seemingly permanent fight for eyes and ears. The available weapons – self-branding, self-promotion, self-marketing, building an audience by being intimate with strangers (by selling your story, your life, and yourself) are not particularly appealing. All are time-consuming, and, believe me, I’ve tried them all.

In this adapt-or-die scenario, every musician is her own record company, every artist her own gallery, every writer her own publishing house. There is no institution to protect her from the market.

This excellent book is a powerful call to arms. Creators can barely survive, and…

By William Deresiewicz,

Why should I read it?

1 author picked The Death of the Artist as one of their favorite books, and they share why you should read it.

What is this book about?

Over the last twenty years, art has become more accessible than ever before. A painter can post their latest creation on Instagram and wait as the likes pile up; a budding filmmaker can shoot a clip on their iPhone, then upload it to YouTube for thousands to view. The digital landscape has fundamentally altered what it means to be creative, as well as how consumers interact with artistic production both economically and curatorially.

William Deresiewicz, a leading critic of contemporary culture in America, argues that we are in the midst of an epochal transformation within art. Whereas the nineteenth century…


Book cover of Pictures of a Gone City: Tech and the Dark Side of Prosperity in the San Francisco Bay Area

Chris Carlsson Author Of Hidden San Francisco: A Guide to Lost Landscapes, Unsung Heroes and Radical Histories

From my list on how San Francisco turned out like it did.

Why am I passionate about this?

I’ve lived in San Francisco since I was 20 in 1978. I helped launch Processed World in 1981, Critical Mass in 1992, and Shaping San Francisco in 1998. I’ve been co-directing and co-curating the archive at foundsf.org since 2009, and have been fully immersed for years in gathering and presenting local history online, on bike and walking tours, during Public Talks, and most recently on Bay Cruises. I have published three books of my own and edited or co-edited seven additional volumes, much of which covers local history. The more I’ve learned the more I’ve realized how little I know!

Chris' book list on how San Francisco turned out like it did

Chris Carlsson Why did Chris love this book?

Debunking the Horatio Alger promotional blather of self-flattering tech moguls, the real Bay Area comes into view, based on nurses and teachers, drivers and clerks, homeless and the desperate. Real estate bubbles have given way to tech bubbles which have given way to housing bubbles and now have given way to a chimerical prosperity that is as fragile as any of the prior ones. Dick Walker pierces the veils of capitalist self-promotion to reveal the bleak consequences of the “technology booms” that have repeatedly crashed over the San Francisco Bay Area. Whether unpacking the real causes of our ongoing housing crisis or detailing the extensive ecological havoc inflicted on our area, this is a recent, definitive, fact-based analysis of it all.

By Richard A. Walker,

Why should I read it?

1 author picked Pictures of a Gone City as one of their favorite books, and they share why you should read it.

What is this book about?

The San Francisco Bay Area is currently the jewel in the crown of capitalism—the tech capital of the world and a gusher of wealth from the Silicon Gold Rush. It has been generating jobs, spawning new innovation, and spreading ideas that are changing lives everywhere. It boasts of being the Left Coast, the Greenest City, and the best place for workers in the USA. So what could be wrong? It may seem that the Bay Area has the best of it in Trump’s America, but there is a dark side of success: overheated bubbles and spectacular crashes; exploding inequality and…


Book cover of Capitalism: The Unknown Ideal

Thijs ten Raa Author Of Microeconomics: Equilibrium and Efficiency

From my list on microeconomics on how markets are interconnected.

Why am I passionate about this?

Microeconomics is a turnoff to most readers. Not without reason. Many books in this field are dull rewrites of other books and opaque.  In particular, it is not clear how the behavior of individual consumers and producers adds to the performance—good or bad—of an economy. The books listed here helped me to sharpen my own mind and to make my writing lucid.

Thijs' book list on microeconomics on how markets are interconnected

Thijs ten Raa Why did Thijs love this book?

As a moderate leftist I was attracted by this propagandist of rightist policies. 

Ayn Rand makes a strong case to keep out the state and leave the economy to free markets. It helped me to sharpen my mind. 

What is missing in her analysis? How does that modify a rightist political outlook? She challenged me and thus influenced my own writing.

By Ayn Rand, Nathaniel Branden, Alan Greenspan , Robert Hessen

Why should I read it?

1 author picked Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

In this series of essays, Ayn Rand presents her stand on the persecution of big business, the causes of war, the default of conservatism, and the evils of altruism.

The foundations of capitalism are being battered by a flood of altruism, which is the cause of the modern world's collapse. This is the view of Ayn Rand, a view so radically opposed to prevailing attitudes that it constitutes a major philosophic revolution. Here is a challenging new look at modern society by one of the most provocative intellectuals on the American scene.
 
This edition includes two articles by Ayn Rand…


Book cover of Enemy of All Mankind: A True Story of Piracy, Power, and History's First Global Manhunt

Kevin Sites Author Of The Ocean Above Me

From my list on true-life sea adventures that blow you overboard.

Why am I passionate about this?

You have to appreciate the intrepid nature of those who ventured out to sea in the days before satellite-enabled navigation, modern weather forecasting, and Coast Guard rescue swimmers. The books I’ve listed span a time of great global exploration occurring simultaneously with the engines of novel economic development. Most of that development was based on the exploitation of human and natural resources. A thread of curiosity through all of these picks is how those individuals most directly involved in its physical pursuit and transport were rarely the same who benefitted from it. But instead lived lives of constant hardship and danger – profiting, if at all, only in the adventure itself.

Kevin's book list on true-life sea adventures that blow you overboard

Kevin Sites Why did Kevin love this book?

Democratically elected captains overseeing multi-ethnic crews in floating meritocracies conducting rogue assaults against an autocratic, kleptocratic, slaveholding world is actually a quite appealing concept.

Yet, this both simplifies and overlooks the often savage and sadistic nature of the violence contained within the so-called Golden Age of Piracy (1650s to 1730s). Johnson deconstructs these complexities through a deep, dive into Henry Every, the 17th Century’s most notorious pirate and his vicious attack on an Indian treasure ship.

His crew was rewarded in rape, murder, mayhem, and financial riches beyond their wildest dreams. I love that the book strips away all our preconception of piracy, both positive and negative, forcing us to consider not just the darker forces of human nature – but also of the social and economic systems that prompted them and which continue to thrive today. 

By Steven Johnson,

Why should I read it?

2 authors picked Enemy of All Mankind as one of their favorite books, and they share why you should read it.

What is this book about?

“Thoroughly engrossing . . . a spirited, suspenseful, economically told tale whose significance is manifest and whose pace never flags.” —The Wall Street Journal
 
From The New York Times–bestselling author of The Ghost Map and Extra Life, the story of a pirate who changed the world

Henry Every was the seventeenth century’s most notorious pirate. The press published wildly popular—and wildly inaccurate—reports of his nefarious adventures. The British government offered enormous bounties for his capture, alive or (preferably) dead. But Steven Johnson argues that Every’s most lasting legacy was his inadvertent triggering of a major shift in the global economy.…


Book cover of Wealth, Land, and Property in Angola: A History of Dispossession, Slavery, and Inequality

Ana Lucia Araujo Author Of The Gift: How Objects of Prestige Shaped the Atlantic Slave Trade and Colonialism

From my list on the material culture of the Atlantic slave trade and colonialism.

Why am I passionate about this?

I'm a historian of slavery and the Atlantic slave trade who was trained with a PhD in History and a PhD in Art History, and who's interested in how slavery is memorialized in the public space as well as in the visual and material culture of slavery. I was born and raised in Brazil, the country where the largest number of enslaved Africans were introduced in the era of the Atlantic slave trade and that still today is the country with the largest Black population after Nigeria, the most populous African country. I believe that studying the history of the Atlantic slave trade and slavery helps us to remedy the legacies of anti-Black racism today.

Ana's book list on the material culture of the Atlantic slave trade and colonialism

Ana Lucia Araujo Why did Ana love this book?

Mariana Candido’s book brings to light the importance of land ownership among West Central Africans, by contesting the work of historians who up to here have basically agreed with the claims of European conquerors and colonizers who stated that West Central African land was plentiful and empty, therefore available to be occupied by the newcomers.

Drawing on detailed archival research, the book also us how West Central African men and women acquired and owned land and movable property. Candido brings to light how West Central African communities were consumers of European and Asian goods, and therefore connected to other parts of the world.

The book shows how men and women in Angola accumulated wealth, and also how during the rise of colonialism they were deprived of this wealth.  

By Mariana P. Candido,

Why should I read it?

1 author picked Wealth, Land, and Property in Angola as one of their favorite books, and they share why you should read it.

What is this book about?

Exploring the multifaceted history of dispossession, consumption, and inequality in West Central Africa, Mariana P. Candido presents a bold revisionist history of Angola from the sixteenth century until the Berlin Conference of 1884-5. Synthesising disparate strands of scholarship, including the histories of slavery, land tenure, and gender in West Central Africa, Candido makes a significant contribution to ongoing historical debates. She demonstrates how ideas about dominion and land rights eventually came to inform the appropriation and enslavement of free people and their labour. By centring the experiences of West Central Africans, and especially African women, this book challenges dominant historical…


Book cover of The Heart That Bleeds: Latin America Now

June Carolyn Erlick Author Of A Gringa in Bogotá: Living Colombia's Invisible War

From my list on classics for understanding Latin America.

Why am I passionate about this?

I accidentally fell in love with Latin America, a love that has lasted my lifetime. When I was young, I lived in a Dominican neighborhood in New York, learning Spanish from my neighbors. After I graduated from Columbia Graduate School of Journalism I got a job covering the Cuban community in New Jersey because I spoke Spanish. Eventually I ended up living in Colombia and then Managua as a foreign correspondent. Now I edit a magazine at Harvard about Latin America. It's not just the news that interests me; I love the cadence of the language, the smell and taste of its varied cuisine, the warmth of the people, the culture, and, yes, soccer.

June's book list on classics for understanding Latin America

June Carolyn Erlick Why did June love this book?

Mexican-born, Bogotá-based New Yorker writer Alma Guillermoprieto writes about Latin America in a vivid, compassionate way, using individual stories to tease out trends and shed a light on history. I've loved all of Guillermoprieto's books, including her wonderful chronicles about dancing in Cuba and Brazil, but this volume is a true classic. She captures the feeling of the spirit of Latin America and Latin Americans. Even when I've been to the places she describes, she makes me see them in a different way through her meticulous reporting and lush descriptions.

What I like best about Guillermoprieto is that she looks into ordinary lives, ranging from Mexican garbage pickers to the window-pane fixers who make a living in Bogotá after glass is shattered by bombs.

By Alma Guillermoprieto,

Why should I read it?

1 author picked The Heart That Bleeds as one of their favorite books, and they share why you should read it.

What is this book about?

An extraordinarily vivid, unflinching series of portraits of South America today, written from the inside out, by the award-winning New Yorker journalist and widely admired author of Samba.