Economics & Money
The Man Who Knew
Sebastian Mallaby
Explore the prescient insights of Hyman Minsky, an economist who foresaw the inherent instability of financial systems. This book delves into Minsky's life and theories, revealing how his understanding of risk and stability offers crucial lessons for navigating today's complex economic landscape.
The Myth of American Inequality
Phil Gramm
An examination of how official statistical measures understate America's well-being and distort the perception of income inequality. The authors argue that by not counting all transfer payments as income and by using inaccurate price indexes, government statistics paint a misleading picture of economic stagnation and inequality. They present an alternative analysis using available data to provide a more complete and accurate view of American prosperity.
The Only Game in Town
Mohamed A. El-Erian
An insightful analysis of the role of central banks in the global economy, exploring their increasing influence and the potential risks associated with their unconventional policies. The book examines the challenges facing the global economy and offers actionable frameworks for navigating an uncertain future.
The Shortest History of Economics
Andrew Leigh
A concise journey through the history of economics, exploring how economic forces have shaped world history, from prehistoric times to the modern era. Discover the key ideas and figures that have shaped our understanding of markets, trade, and prosperity, and how economic principles can illuminate the past, present, and future.
The Technology Trap
Carl Benedikt Frey
A thought-provoking exploration of how technological advancements have historically impacted labor and society, and what lessons we can learn from the past as we navigate the age of automation. It delves into the complex relationship between capital, labor, and power, offering insights into the potential pitfalls and opportunities that lie ahead.
This Changes Everything
Naomi Klein
Naomi Klein argues that climate change isn't just an environmental issue, but a civilizational wake-up call that demands a new economic model and a new way of sharing the planet. She explores how market fundamentalism has sabotaged our collective response to climate change and proposes radical changes on the social, political, economic, and cultural sides to shift power away from corporations and toward communities.
Who Gets What—And Why
Alvin E. Roth
A fascinating exploration of market design, revealing how the principles of economics can be applied to improve matching processes in various aspects of life, from college admissions to kidney transplants, and shedding light on the hidden rules that govern our marketplaces.
Doughnut Economics
Kate Raworth
A radical rethinking of economics for the 21st century, challenging outdated theories and proposing a new economic model centered on meeting the needs of all within the means of the planet. Discover the seven critical ways mainstream economics has led us astray and explore a roadmap for creating a sustainable and equitable future.