Morgan Housel’s 2017 Reading List

The 20 books Morgan Housel recommended in 2017, with the reasons in their own words. See all the books Morgan Housel recommends.

Other years: 2021

20 books recommended in 2017

The Science of Fear

by Daniel Gardner

The Science of Fear is the first book that opened my eyes to how poor we are at interpreting risk.

Source: 23 Books That Changed My Life

The Big Change

by Frederick Lewis Allen

The Big Change, a look at how life in America changed from 1900-1950, got me interested in the social and cultural part of economic growth.

Source: 23 Books That Changed My Life

The Quest of the Simple Life

by William J. Dawson

The Quest of the Simple Life, written in 1907, totally changed how I think about personal finance and life goals.

Source: 23 Books That Changed My Life

Famous Financial Fiascos

by John Train

Famous Financial Fiascos is one of the best investing history books that few people have heard of.

Source: 23 Books That Changed My Life

The Great Depression: A Diary

by Benjamin Roth

The Great Depression: A Diary is the best economics book I’ve read, written by a person who didn’t know he was writing one.

Source: 23 Books That Changed My Life

Endurance: Shackleton’s Incredible Voyage

by Alfred Lansing

Endurance is the best example of how far people can be pushed when the stakes are high.

Source: 23 Books That Changed My Life · Also recommended by 3 others

Truman

by David McCullough

Truman, a biography of the 33rd president, is an incredible story of the world’s biggest problems falling into the lap of someone who never thought he’d face them.

Source: 23 Books That Changed My Life

The Wright Brothers

by David McCullough

The Wright Brothers is one of the best business and innovation stories of all time.

Source: 23 Books That Changed My Life

23 Things They Don’t Tell You About Capitalism

by Ha-Joon Chang

23 Things They Don’t Tell You About Capitalism will make half of readers angry, but the other half will be better able to realize that no system for organizing an economy is perfect.

Source: 23 Books That Changed My Life · Also recommended by 1 other

Guns at Last Light

by Rick Atkinson

Guns at Last Light is the best World War II book I’ve read, and explains the most important event in modern history through human stories rather than bland statistics.

Source: 23 Books That Changed My Life

The Better Angels of Our Nature: Why Violence Has Declined

by Steven Pinker

The Better Angels of Our Nature taught me that you can be a long-term optimist even when things around you look pretty bad.

Source: 23 Books That Changed My Life · Also recommended by 6 others

30 Lessons for Living

by Karl Pillemer

30 Lessons for Living is a collection of life advice from very old people who have seen it all.

Source: 23 Books That Changed My Life

This Will Make You Smarter

by John Brockman

This Will Make You Smarter is a series of short essays by brilliant people in a book that lives up to its title.

Source: 23 Books That Changed My Life

The Birth of Plenty

by William J Bernstein

The Birth of Plenty is the best explanation of how and why economies grow.

Source: 23 Books That Changed My Life

The Wisdom of Psychopaths

by Kevin Dutton

The Wisdom of Psychopaths shows how big an advantage you have when you’re unemotional about emotional topics.

Source: 23 Books That Changed My Life

When Breath Becomes Air

by Paul Kalanithi

When Breath Becomes Air will make you reexamine what’s important in life and make you appreciate each day you’re here.

Source: 23 Books That Changed My Life · Also recommended by 5 others

Investing: The Last Liberal Art

by Robert G. Hagstrom

Investing: The Last Liberal Art is the most underappreciated investment book.

Source: 23 Books That Changed My Life

Why Don’t We Learn from History?

by B. H. Liddell Hart

Why Don’t We Learn From History? shows why people keep screwing up after others before them did the same thing.

Source: 23 Books That Changed My Life · Also recommended by 2 others

How to Lie with Statistics

by Darrell Huff

How To Lie With Statistics will make you laugh and be skeptical of almost everything in one sitting.

Source: 23 Books That Changed My Life · Also recommended by 1 other