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Best Books for Economics Study

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The best economics books help to make an incredibly broad subject easier to understand, even if you’re not employed or studying in the field. Many of the titles will teach you far beyond want you learned in Economics 101 in high school or university, such as how economies work, if the stock market influences them, and even a deep dive into interest rates.

As an average consumer, you would be surprised at the sheer amount of useful information you’ll find in the best books on economics. People who have always been interested in investing will find a particular interest in the best books for economics, as you can learn about how housing prices are affected by spending patterns. You’ll also have the opportunity to make better investments to ensure your money is being allocated to the correct areas.

Even tasks such as knowing when to buy or sell stocks will become substantially more natural if you’re able to understand what to look for in a potential economic downturn (as we’re living right now, in the times of COVID-19).

Your finances are incredibly important, and having a keen understanding of what to do with your money to ensure you are protected is essential. It’s also important to note that the best books on economics are excellent resources for students studying for their dream careers.

Instead of pushing you to read dreadful textbooks with little to no flair, these personable pieces of writing make the world of economics more exciting and far more relatable. Within the books, you will be able to pick up on unique tips and tricks from industry leaders as well as some insight into what to expect when you begin investing.

We have found that the best economics books feature practical information that is easily applicable to anyone’s financial situation, as well as the state of the world. From international economics and how they affect domestic relations to buying stocks and bonds, there is a limitless amount of information for you to put to good use with the best books for economics.

Best Economics Books

From Third World to First: Singapore and the Asian Economic Boom

From Third World to First: Singapore and the Asian Economic Boom

It’s incredible how he almost single-handedly took a third world country and built it into a first-world country in one generation.
Will Shu
Founder/Deliveroo
The Age of Cryptocurrency: How Bitcoin and the Blockchain Are Challenging the Global Economic Order

The Age of Cryptocurrency: How Bitcoin and the Blockchain Are Challenging the Global Economic Order

[One of the five books Dominic Steil recommends to young people interested in his career path.]
Dominic Steil
CTO/Dapps Inc
23 Things They Don't Tell You About Capitalism

23 Things They Don’t Tell You About Capitalism

Depending 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. So to that, here’s a snapshot, in no particular order, of what might help you push your intellectual boundaries:

  • Born a Crime: Stories from a South African Childhood by Trevor Noah
  • 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang
  • Postcapitalism: A Guide to Our Future by Paul Mason
  • Capital in the Twenty-First Century by Thomas Piketty
  • Who Gets What--And Why: The New Economics of Matchmaking and Market Design by Alvin E. Roth
  • The Political Economy of Participatory Economics by Michael Albert and Robin Hahnel
  • The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism by Jeremy Rifkin
  • Why America Misunderstands the World by Paul R. Pillar
  • A Theory of Justice by John Rawls
  • Prisoners of Geography by Tim Marshall
Lucas Morales
Founder & CEO/Zeall.us
Priced Out: The Economic and Ethical Costs of American Health Care

Priced Out: The Economic and Ethical Costs of American Health Care

Uwe Reinhardt was the moral conscience of our health care system, reminding us with evidence, clarity, and stand-up act humor how it is failing. He was joined in this enterprise by another great health care expert, his wife Mei Cheng. Every health care group craved Reinhardt as their keynote speaker and felt more virtuous after he berated them about the many ways in which they were failing. But he did not want adulation; he wanted things to change. By reading this powerful book and making something in the health system better, we can all honor his legacy.
Drew Altman
President & CEO/Henry J. Kaiser Family Foundation
Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished Expectations

Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished Expectations

Folks 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 4 shelves of spines of books that mattered enough to me to bring home. So here they are.
Eric Weinstein
Managing Director/Thiel Capital
The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor

The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor

The fact that top-down development methods are great on paper but have not produced benefits ("so far") is a point Easterly has made before, heavily influencing yours truly in the formation his own argument against naive interventionism and the collection of "humanitarians" fulfilling their personal growth and shielding themselves from their conscience... This is more powerful: the West has been putting development ahead of moral issues, patronizingly setting aside the right of the people to decide their own fate, including whether they want these "improvements", hence compounding failure and turning much of development into an agenda that benefits the careers (and angst) of "humanitarians", imperial policies, and, not least, local autocrats *without* any moral contribution. Talking about a sucker problem.

***

To put it in an aphorism, they didn't ask the people if they would rather get respect and no aid rather than aid and no respect.

Nassim Nicholas Taleb
Flaneur
Universal Man: The Seven Lives of John Maynard Keynes

Universal Man: The Seven Lives of John Maynard Keynes

Sorrell, CEO of the communications house/ad agency, WPP, has a rather eclectic mix this summer:

  • Powerhouse: The Untold Story of Hollywood’s Creative Artists Agency—James Andrew Miller
  • Universal Man: The Seven Lives of John Maynard Keynes—Richard Davenport-Hines
  • Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future—Ashlee Vance

Sir Martin Sorrell
CEO/WPP
Postcapitalism: A Guide to Our Future

Postcapitalism: A Guide to Our Future

Depending 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. So to that, here’s a snapshot, in no particular order, of what might help you push your intellectual boundaries:

  • Born a Crime: Stories from a South African Childhood by Trevor Noah
  • 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang
  • Postcapitalism: A Guide to Our Future by Paul Mason
  • Capital in the Twenty-First Century by Thomas Piketty
  • Who Gets What--And Why: The New Economics of Matchmaking and Market Design by Alvin E. Roth
  • The Political Economy of Participatory Economics by Michael Albert and Robin Hahnel
  • The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism by Jeremy Rifkin
  • Why America Misunderstands the World by Paul R. Pillar
  • A Theory of Justice by John Rawls
  • Prisoners of Geography by Tim Marshall
Lucas Morales
Founder & CEO/Zeall.us
A Theory of Justice

A Theory of Justice

Depending 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. So to that, here’s a snapshot, in no particular order, of what might help you push your intellectual boundaries:

  • Born a Crime: Stories from a South African Childhood by Trevor Noah
  • 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang
  • Postcapitalism: A Guide to Our Future by Paul Mason
  • Capital in the Twenty-First Century by Thomas Piketty
  • Who Gets What--And Why: The New Economics of Matchmaking and Market Design by Alvin E. Roth
  • The Political Economy of Participatory Economics by Michael Albert and Robin Hahnel
  • The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism by Jeremy Rifkin
  • Why America Misunderstands the World by Paul R. Pillar
  • A Theory of Justice by John Rawls
  • Prisoners of Geography by Tim Marshall
Lucas Morales
Founder & CEO/Zeall.us
Why America Misunderstands the World: National Experience and Roots of Misperception

Why America Misunderstands the World: National Experience and Roots of Misperception

Depending 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. So to that, here’s a snapshot, in no particular order, of what might help you push your intellectual boundaries:

  • Born a Crime: Stories from a South African Childhood by Trevor Noah
  • 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang
  • Postcapitalism: A Guide to Our Future by Paul Mason
  • Capital in the Twenty-First Century by Thomas Piketty
  • Who Gets What--And Why: The New Economics of Matchmaking and Market Design by Alvin E. Roth
  • The Political Economy of Participatory Economics by Michael Albert and Robin Hahnel
  • The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism by Jeremy Rifkin
  • Why America Misunderstands the World by Paul R. Pillar
  • A Theory of Justice by John Rawls
  • Prisoners of Geography by Tim Marshall
Lucas Morales
Founder & CEO/Zeall.us
The Status Syndrome: How Social Standing Affects Our Health and Longevity

The Status Syndrome: How Social Standing Affects Our Health and Longevity

You are a hot shot in a company, though not the boss. You are paid extremely well, but, again you have plenty of bosses above you (say the partners of an investment firm). Is it better than deriving a modest income being your own boss? The counterintuive answer is NO. You will live longer in the second situation, even controlling for diet, lifestyle, and genetic predispositions.

Marmot spent years poring over data; he left no stone unturned and is well read in the general literature on human nature. This idea of people living longer when they exert control over their lives has not spread yet. That people lead longer lives when they trust their neighbors and feel part of a community is far reaching. Just think of the implications on social justice etc. Also think that everything you learn on human preferences and well-being in both economics and medicine is either incomplete (medicine) or bogus (economics).

The book is well written, humorous at times, and rigorous --it reads like a well-translated scientific paper. But it feels that it is just the introduction to a topic. Please, write the continuation.

Nassim Nicholas Taleb
Flaneur
The Trust Revolution: How the Digitization of Trust Will Revolutionize Business and Government

The Trust Revolution: How the Digitization of Trust Will Revolutionize Business and Government

A lively and engaging book on one of the most important topics in the world today. Highly recommended!
Cass R. Sunstein
Author, Former Administrator/Office of Information and Regulatory Affairs
Fault Lines: How Hidden Fractures Still Threaten the World Economy

Fault Lines: How Hidden Fractures Still Threaten the World Economy

Fault 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.
George A. Akerlof
Co-author/Animal Spirits and Identity Economics
The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism

The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism

Rifkin poses that the plummeting costs of doing business, brought on by dramatic increases in productivity and the Internet, are driving us toward a hybrid economy of capitalist market and "collaborative commons"--a place where shareable value is as important as exchange value.

Michael Dell
CEO/Dell
Prisoners of Geography: Ten Maps That Explain Everything About the World

Prisoners of Geography: Ten Maps That Explain Everything About the World

Depending 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. So to that, here’s a snapshot, in no particular order, of what might help you push your intellectual boundaries:

  • Born a Crime: Stories from a South African Childhood by Trevor Noah
  • 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang
  • Postcapitalism: A Guide to Our Future by Paul Mason
  • Capital in the Twenty-First Century by Thomas Piketty
  • Who Gets What--And Why: The New Economics of Matchmaking and Market Design by Alvin E. Roth
  • The Political Economy of Participatory Economics by Michael Albert and Robin Hahnel
  • The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism by Jeremy Rifkin
  • Why America Misunderstands the World by Paul R. Pillar
  • A Theory of Justice by John Rawls
  • Prisoners of Geography by Tim Marshall
Lucas Morales
Founder & CEO/Zeall.us
Deep Thinking: Where Machine Intelligence Ends and Human Creativity Begins

Deep Thinking: Where Machine Intelligence Ends and Human Creativity Begins

A highly human exploration of artificial intelligence, its exciting possibilities and inherent limits.
Max Levchin
Co-founder/PayPal, CEO/Affirm, Investor
The Future of Capitalism: Facing the New Anxieties

The Future of Capitalism: Facing the New Anxieties

Collier’s latest book is a thought-provoking look at a topic that’s top of mind for a lot of people right now. Although I don’t agree with him about everything—I think his analysis of the problem is better than his proposed solutions—his background as a development economist gives him a smart perspective on where capitalism is headed.
Bill Gates
Founder/Microsoft
The Content Trap: A Strategist's Guide to Digital Change

The Content Trap: A Strategist’s Guide to Digital Change

I 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.
Marvin Liao
Partner/500 Startups
In an Uncertain World: Tough Choices from Wall Street to Washington

In an Uncertain World: Tough Choices from Wall Street to Washington

As Secretary of the Treasury, Bob Rubin ranked with the best. This drama-packed account of his years on the job should be read by all who are interested in what happens when politics and economics intersect.
Warren Buffett
CEO/Berkshire-Hathaway
The Price of Inequality: How Today’s Divided Society Endangers Our Future

The Price of Inequality: How Today’s Divided Society Endangers Our Future

I 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 ladder. He makes a pretty rational case for keeping things like the estate tax and for increasing taxes as part of how you close the budget deficit. On these ideas, I found a lot of common ground with Stiglitz. But he seems to think that government is totally benign, and he is very skeptical of the private sector. The private sector’s obligations and its relative contributions to the economy are an interesting topic for discussion. But Stiglitz seems to demonize the category as a whole. I wonder if many of his policy solutions would make things worse by incentivizing business to put even more money and effort into currying favor with Washington.
Bill Gates
CEO/Microsoft

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