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The 100 Best Economics Books of All TIme
The 100 Best Economics Books of All Time list includes works by many of the great economists along
with many leading books on major issues in the field. The list is for those with a serious interest in
economics, but not necessarily for economics professionals; it contains some books on the principles
of economics, but is light on theory, focussing on more readable texts. The list has a strong focus on
international economics and the financial crash of 2008. It covers a wide range of ideologies, featuring
the likes of Adam Smith, Schumpeter and Hayek, and Keynes, Marx and Kropotkin.

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372

StumbleUpon 6




1. The Wealth of Nations
By Adam Smith
Adam Smith's The Wealth of Nations was recognized as a landmark of human thought upon its
publication in 1776. As the first scientific argument for the principles of political economy, it is the
point of departure for all subsequent economic thought. Smith's theories of capital accumulation,
growth, and ... More

2. Capital
By Karl Marx
This 1867 studyone of the most influential documents of modern timeslooks at the relationship
between labor and value, the role of money, and the conflict between the classes. More

3. The General Theory of Employment, Interest and Money
By John Maynard Keynes
In 1936 Keynes published the most provocative book written by any economist of his generation.
Arguments about the book continued until his death in 1946 and still continue today. This new edition,
published 70 years after the original, features a new introduction by Paul Krugman which discusses
the ... More

4. The Great Transformation: The Political and Economic Origins of
Our Time
By Karl Polanyi
In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and
social changes brought about by the "great transformation" of the Industrial Revolution. His analysis
explains not only the deficiencies of the self-regulating market, but the potentially dire social
consequences of untempered market ... More

5. Globalization and Its Discontents
By Joseph Stiglitz
This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial
institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this
national bestseller quickly became a touchstone in the globalization debate. Renowned economist and
Nobel Prize ... More

6. Capitalism, Socialism, and Democracy
By Joseph A. Schumpeter
In this definitive third and final edition (1950) of his masterwork, Joseph A. Schumpeter introduced
the world to the concept of creative destruction, which forever altered how global economics is
approached and perceived. Now featuring a new introduction by Schumpeter biographer Thomas K.
McCraw, Capitalism, Socialism and ... More

7. The Conquest of Bread
By Peter Kropotkin
The Conquest of Bread is Peter Kropotkin's most detailed description of the ideal society, embodying
anarchist communism, and of the social revolution that was to achieve it. Marshall Shatz's introduction
to this edition traces Kropotkin's evolution as an anarchist, from his origins in the Russian aristocracy
to his ... More

8. The Theory of the Leisure Class
By Thorstein Veblen
In his scathing The Theory of the Leisure Class, Thorstein Veblen produced a landmark study of
affluent American society that exposes, with brilliant ruthlessness, the habits of production and waste
that link invidious business tactics and barbaric social behavior. Veblen's analysis of the evolutionary
process sees greed as ... More

9. The Affluent Society
By John Kenneth Galbraith
John Kenneth Galbraith's classic investigation of private wealth and public poverty in postwar
America With customary clarity, eloquence, and humor, Harvard economist John Kenneth Galbraith
gets at the heart of what economic security means in The Affluent Society. Warning against individual
and societal complacence about economic inequity, ... More

10. The Road to Serfdom
By Friedrich Hayek
An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics,
The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a
century. Originally published in 1944when Eleanor Roosevelt supported the efforts of Stalin, and
Albert Einstein subscribed lock, stock, and ... More

11. Development as Freedom
By Amartya Sen
By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework
for understanding economic development--for both rich and poor--in the twenty-first century.
Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the
key to securing the general welfare of ... More

12. The Protestant Ethic and the Spirit of Capitalism
By Max Weber
Max Weber's best-known and most controversial work, The Protestant Ethic and the Spirit of
Capitalism, first published in 1904, remains to this day a powerful and fascinating read. Weber's highly
accessible style is just one of many reasons for his continuing popularity. The book contends that the
Protestant ... More

13. The Spirit Level: Why Greater Equality Makes Societies Stronger
By Kate Pickett; Richard G. Wilkinson
It is a well-established fact that in rich societies the poor have shorter lives and suffer more from
almost every social problem. The Spirit Level, based on thirty years of research, takes this truth a step
further. One common factor links the healthiest and happiest societies: the degree ... More

14. The Worldly Philosophers
By Robert L. Heilbroner
The bestselling classic that examines the history of economic thought from Adam Smith to Karl Marx
all the economic lore most general readers conceivably could want to know, served up with a flourish
(The New York Times).The Worldly Philosophers not only enables us to see more deeply ... More

15. Bad Samaritans: The Myth of Free Trade and the Secret History of
Capitalism
By Ha-Joon Chang
Lucid, deeply informed, and enlivened with striking illustrations, this penetrating study could be
entitled Economics in the Real World. Chang reveals the yawning gap between standard doctrines
concerning economic development and what really has taken place from the origins of the industrial
revolution until today. His incisive analysis ... More

16. Economics and World History: Myths and Paradoxes
By Paul Bairoch
Paul Bairoch sets the record straight on twenty commonly held myths about economic history. Among
these are that free trade and population growth have historically led to periods of economic growth;
that a move away from free trade caused the Great Depression; and that colonial powers in the ...
More

17. Manias, Panics and Crashes: A History of Financial Crises
By Charles P. Kindleberger
Selected as one of the best investment books of all time by the Financial Times, Manias, Panics and
Crashes puts the turbulence of the financial world in perspective. Here is a vivid and entertaining
account of how reckless decisions and a poor handling of money have led to financial ... More

18. The Passions and the Interests: Political Arguments For
Capitalism Before Its Triumph
By Albert O. Hirschman
In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and
eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein the
pursuit of material interests--so long condemned as the deadly sin of avarice--was assigned the role of
containing the unruly and destructive passions of ... More

19. Contours of Descent: U.S. Economic Fractures and the
Landscape of Global Austerity
By Robert Pollin
In the past twenty-five years the free-market neoliberal model has been hailed as a panacea for
economic ills in both the advanced economies and the developing world. Pollin dissects this model as it
has been implemented in the US during the Clinton and Bush administrations under Greenspans
Chairmanship ... More

20. Economic Philosophy
By Joan Robinson
"Economics has always been partly a vehicle" for the ruling ideology of each period as well as partly a
method of scientific investigation. It limps along with one foot in untested hypotheses and the other in
untestable slogans. Here our task is to sort out as ... More

21. Small Is Beautiful: Economics as if People Mattered
By E. F. Schumacher
Nothing less than a full-scale assault on conventional economic wisdom. Newsweek More

22. America Beyond Capitalism: Reclaiming Our Wealth, Our Liberty,
and Our Democracy
By Gar Alperovitz
"Be prepared for a mind-opening experience."-The Christian Century"Highly readable; excellent for
students. . . . A tonic and eye-opener for anyone who wants a politics that works."-Jane Mansbridge,
Adams Professor, John F. Kennedy School of Government, Harvard University"America Beyond
Capitalism comes at a critical time in our history-when ... More

23. Economics
By Paul Krugman; Robin Wells
When it comes to explaining current economic conditions, there is no economist readers trust more
than New York Times columnist and Nobel laureate Paul Krugman. Term after term, Krugman is
earning that same level of trust in the classroom, with more and more instructors introducing students
to the ... More

24. Capital in the Twenty-First Century
By Thomas Piketty
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about
the long-term evolution of inequality, the concentration of wealth, and the prospects for economic
growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of
... More

25. Bitter Fruit: The Story of the American Coup in Guatemala
By Stephen Schlesinger; Stephen Kinzer
Bitter Fruit is a comprehensive and insightful account of the CIA operation to overthrow the
democratically elected government of Jacobo Arbenz of Guatemala in 1954. First published in 1982,
this book has become a classic, a textbook case of the relationship between the United States and the
Third ... More

26. Mad Money: When Markets Outgrow Governments
By Susan Strange
The world's financial system is crazier and even more out of control than it was ten years ago. Mad
Money analyzes the erratic nature of change and innovation in financial business in recent years and
discusses the weak points--political as well as economic and technical--of a system driven ... More

27. Asia's Next Giant: South Korea and Late Industrialization
By Alice Amsden
South Korea has been quietly growing into a major economic force that is even challenging some
Japanese industries. This timely book examines South Korean growth as an example of "late
industrialization," a process in which a nation's industries learn from earlier innovator nations, rather
than innovate themselves. ... More

28. The Economic Emergence of Women
By Barbara Bergmann
This new edition of a classic feminist book explains how one of thegreat historical revolutions--the
ongoing movement toward equalitybetween the sexes--has come about. Its origins are to found, not
inchanging ideas, but in the economic developments that have made women'slabor too valuable to be
spent exclusively in domestic ... More

29. Ecological Economics
By Herman E. Daly; Joshua Farley
In its first edition, this book helped to define the emerging field of ecological economics. This new
edition surveys the field today. It incorporates all of the latest research findings and grounds economic
inquiry in a more robust understanding of human needs and behavior. Humans and ecological
systems, ... More

30. Moral Sentiments and Material Interests: The Foundations of
Cooperation in Economic Life
By Samuel Bowles; Herbert Gintis; Ernst Fehr
Moral Sentiments and Material Interests presents an innovative synthesis of research in different
disciplines to argue that cooperation stems not from the stereotypical selfish agent acting out of
disguised self-interest but from the presence of "strong reciprocators" in a social group. Presenting an
overview of ... More

31. Principles of Political Economy: and Chapters on Socialism
By John Stuart Mill
This volume unites, for the first time, Books IV and V of Mill's great treatise on political economy with
his fragmentary Chapters on Socialism. It shows him applying his classical economic theory to policy
questions of lasting concern: the desirability of sustained growth of national wealth ... More

32. A Brief History of Neoliberalism
By David Harvey
Neoliberalism-the doctrine that market exchange is an ethic in itself, capable of acting as a guide for
all human action-has become dominant in both thought and practice throughout much of the world
since 1970 or so. Writing for a wide audience, David Harvey, author of The New Imperialism ... More

33. MITI and the Japanese Miracle: The Growth of Industrial Policy,
1925-1975
By Chalmers Johnson
The focus of this book is on the Japanese economic bureaucracy, particularly on the famous Ministry of
International Trade and Industry (MITI), as the leading state actor in the economy. Although MITI was
not the only important agent affecting the economy, nor was the state as a whole ... More

34. Principles of Microeconomics
By Joseph Stiglitz; Carl E. Walsh
Principles of Microeconomics has been thoroughly revised, simplified, and updated for the Fourth
Edition. Co-written by Joseph Stiglitz, winner of the Nobel Prize for his research on imperfect markets,
and Carl E. Walsh, one of the leading monetary economists in the field, Principles of Microeconomics is
the most ... More

35. Principles of Macroeconomics
By Joseph Stiglitz; Carl E. Walsh
Principles of Macroeconomics has been thoroughly revised, simplified, and updated for the Fourth
Edition. Co-written by Joseph Stiglitz, winner of the Nobel Prize for his research on imperfect markets,
and Carl E. Walsh, one of the leading monetary economists in the field, Principles of Macroeconomics
is the most ... More

36. Dependent Development: The Alliance of Multinational, State, and
Local Capital in Brazil
By Peter B. Evans
"This is the most important recent book on economic development written from a Left political
perspective. . . . Rare has been the industrial revolution which has equitably benefitted the generation
which produced that revolution. What Evans has accomplished in this book is a brilliant analysis of the
... More

37. Austerity: The History of a Dangerous Idea
By Mark Blyth
Selected as a Financial Times Best Book of 2013Governments today in both Europe and the United
States have succeeded in casting government spending as reckless wastefulness that has made the
economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to
solve the financial crisis. We ... More

38. Essays In Persuasion
By John Maynard Keynes
Essays In Persuasion written by legendary author John Maynard Keynes is widely considered to be one
of the top 100 greatest books of all time. This great classic will surely attract a whole new generation
of readers. For many, Essays In Persuasion is required reading for various courses ... More

39. Globalizing Capital: A History of the International Monetary
System
By Barry Eichengreen
First published more than a decade ago, Globalizing Capital remains an indispensable part of the
economic literature today. Written by renowned economist Barry Eichengreen, this classic book
emphasizes the importance of the international monetary system for understanding the international
economy. Brief and lucid, Globalizing Capital is intended not ... More

40. The Golden Age of Capitalism: Reinterpreting the Postwar
Experience
By Stephen A. Marglin; Juliet B. Schor
The period after World War Two, with its sustained growth and high employment rate, has been
referred to as the "golden age" of capitalism. Blending historical analysis with economic theory, this
work presents essays that scrutinize the institutions that fostered this growth and high employment as
well as ... More

41. Late Capitalism
By Ernest Mandel
Late Capitalism is the first major synthesis to have been produced by the contemporary revival of
Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the
general theory of the laws of motion of the capitalist mode of production developed by Marx, ...
More

42. John Maynard Keynes
By Hyman Minsky
Today, Mr. Minsky's view [of economics] is more relevant than ever.- The New York Times Indeed,
the Minsky moment has become a fashionable catch phrase on Wall Street.-The Wall Street Journal
John Maynard Keynes offers a timely reconsideration of the work of the revered economics icon.
Hyman Minsky ... More

43. Historical Capitalism with Capitalist Civilization
By Immanuel Wallerstein
In this short, highly readable book, the master of world-systems theory provides a succinct anatomy
of capitalism over the past five hundred years. Considering the way capitalism has changed and
evolved over the centuries, and what has remained constant, he outlines its chief characteristics. In
particular, he looks ... More

44. The Essential Gunnar Myrdal
By Gunnar Myrdal
A comprehensive introduction to the world-renowned social scientist's political thought. Nobel Prize
winner Gunnar Myrdal is best known for his book An American Dilemma, a classic study of America's
racial problems that was chosen as one of The Modern Library's top 100 nonfiction books of the
twentieth century. ... More

45. Capitalism and Slavery
By Eric Williams
Slavery helped finance the Industrial Revolution in England. Plantation owners, shipbuilders, and
merchants connected with the slave trade accumulated vast fortunes that established banks and
heavy industry in Europe and expanded the reach of capitalism worldwide.Eric Williams advanced
these powerful ideas in Capitalism and Slavery, published in ... More

46. Freefall
By Joseph Stiglitz
The New York Times bestseller: "A lucid account" (New York Times) of the recent financial crisis and
the way forward by the Nobel Prize-winning economist, with a new afterword.The Great Recession, as
it has come to be called, has impacted more people worldwide than any crisis since the ... More

47. 13 Bankers: The Wall Street Takeover and the Next Financial
Meltdown
By Simon Johnson; James Kwak
Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an
oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by
six megabanksBank of America, JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs, and
Morgan Stanleywhich together ... More

48. More Heat than Light: Economics as Social Physics, Physics as
Nature's Economics
By Philip Mirowski
This is a history of how physics has drawn some inspiration from economics and how economics has
sought to emulate physics, especially with regard to the theory of value. The author traces the
development of the energy concept in Western physics and its subsequent effect on the ... More

49. Global Finance at Risk: The Case for International Regulation
By John Eatwell; Lance Taylor
Now in paperback, a "timely" (Library Journal) argument for an international body that will foster a
more stable, viable global financial system. In Global Finance at Risk, now available in paperback, two
economists whom John Kenneth Galbraith has hailed as "accomplished scholars of the first rank"
propose a ... More

50. How Europe Underdeveloped Africa
By Walter Rodney
Before a bomb ended his life in the summer of 1980, Walter Rodney had created a powerful legacy.
This pivotal work, How Europe Underdeveloped Africa, had already brought a new perspective to the
question of underdevelopment in Africa. His Marxist analysis went far beyond the heretofore accepted
approach ... More

51. The Great Divergence: China, Europe, and the Making of the
Modern World Economy
By Kenneth Pomeranz
The Great Divergence brings new insight to one of the classic questions of history: Why did sustained
industrial growth begin in Northwest Europe, despite surprising similarities between advanced areas of
Europe and East Asia? As Ken Pomeranz shows, as recently as 1750, parallels between these two
parts ... More

52. Contours of the World Economy 1-2030 AD
By Angus Maddison
This book seeks to identify the forces which explain how and why some parts of the world have grown
rich and others have lagged behind. Encompassing 2000 years of history, Part 1begins with the
Roman Empire and explores the key factors that have influenced economic development in Africa, ...
More

53. The Visible Hand: The Managerial Revolution in American
Business
By Alfred D. Chandler
The role of large-scale business enterprisebig business and its managersduring the formative
years of modern capitalism (from the 1850s until the 1920s) is delineated in this pathmarking book.
Alfred Chandler, Jr., the distinguished business historian, sets forth the reasons for the dominance of
big business in American transportation, ... More

54. The Economics of Feasible Socialism
By Alec Nove
This is a path-breaking book. Characteristically readable, controversial and full of insights, Nove
identifies a workable socialist programme, achievable in the lifetime of a child born today, that avoids
far-fetched or utopian assumptions. This text has been immensely influential in the West, and is
available in translation ... More

55. The Economy of Cities
By Jane Jacobs
The thesis of this book is that cities are the primary drivers of economic development. Her main
argument is that explosive economic growth derives from urban import replacement. Import
replacement occurs when a city begins to locally produce goods that it formerly imported, e.g., Tokyo
bicycle factories replacing ... More

56. Democracy at Work: A Cure for Capitalism
By Richard D. Wolff
"Richard Wolff is the leading socialist economist in the country. This book is required reading for
anyone concerned about a fundamental transformation of the ailing capitalist economy." Cornel
West Richard Wolffs constructive and innovative ideas suggest new and promising foundations for a
much more authentic democracy and sustainable and equitable ... More

57. Neoliberal Frontiers: An Ethnography of Sovereignty in West
Africa
By Brenda Chalfin
In Neoliberal Frontiers, Brenda Chalfin presents an ethnographic examination of the day-to-day
practices of the officials of Ghanas Customs Service, exploring the impact of neoliberal restructuring
and integration into the global economy on Ghanaian sovereignty. From the revealing vantage point of
the Customs office, Chalfin discovers a fascinating ... More

58. ECONned: How Unenlightened Self Interest Undermined
Democracy and Corrupted Capitalism
By Yves Smith
Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global
imbalances, bad financial technology that lead to widespread underestimation of risk. But these are all
symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the
disease. ECONned is ... More

59. Confronting the Third World
By Gabriel Kolko
Kolko, author of eight books on modern American history, here examines the United States's
involvement with Third World countries. His major thrust is that the United States was maintaining in
Central America, and creating in the Middle East, an empire based on economic advantage and
ideologically supported by ... More

60. The New Industrial State
By John Kenneth Galbraith
With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of
itself in The New Industrial State, one of his landmark works. The United States is no longer a free-
enterprise society, Galbraith argues, but a structured state controlled by the largest companies.
Advertising is the means ... More

61. Counting for Nothing: What Men Value and What Women are
Worth
By Marilyn Waring
Safe drinking water counts for nothing. A pollution-free environment counts for nothing. Even some
people - namely women - count for nothing. This is the case, at least, according to the United Nations
System of National Accounts. Author Marilyn Waring, former New Zealand M.P., now professor,
development consultant, ... More

62. Value and Capital: An Inquiry into some Fundamental Principles of
Economic Theory
By John Hicks
Value And Capital: An Inquiry Into Some Fundamental Principles Of Economic Theory More

63. Super Imperialism
By Michael Hudson
"Michael Hudson's brilliant shattering book will leave orthodox economists spluttering. Classical
economists don't like to be reminded of the ugly realities of Imperialism. Hudson is one of the tiny
handful of economic thinkers in today's world who are forcing us to look at old questions in startling
new ... More

64. The Holy Grail of Macroeconomics: Lessons from Japan's Great
Recession
By Richard C. Koo
The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that
could aid the US and other economies as they struggle to recover from the current financial crisis.This
book is about Japan's 15-year long recession and how it affected current theoretical thinking about its
... More

65. Monetary Economics: An Integrated Approach to Credit, Money,
Income, Production and Wealth
By Marc Lavoie; Wynne Godley
This book challenges the mainstream paradigm with the introduction of a new methodology.
Economies are represented realistically in a fully articulated system of national income and flow of
funds accounts. The authors study how flows of income, expenditure and production are intertwined
with stocks of assets and liabilities, ... More

66. The Rise and Decline of Nations
By Mancur Olson
The years since World War II have seen rapid shifts in the relative positions of different countries and
regions. Leading political economist Mancur Olson offers a new and compelling theory to explain these
shifts in fortune and then tests his theory against evidence from many periods of history ... More

67. The Political Economy of Merchant Empires: State Power and
World Trade, 1350-1750
By James D. Tracy
The Political Economy of Merchant Empires focuses on why European concerns eventually achieved
dominance in global trade in the period between 1450 and 1750, at the expense, especially in Asia, of
well-organized and well-financed rivals. The volume is a companion to The Rise of Merchant Empires
(1990), ... More

68. Thinking, Fast and Slow
By Daniel Kahneman
Major New York Times bestsellerWinner of the National Academy of Sciences Best Book Award in
2012Selected by the New York Times Book Review as one of the best books of 2011A Globe and Mail
Best Books of the Year 2011 TitleOne of The Economists 2011 Books of the Year ... More

69. Debunking Economics
By Steve Keen
Debunking Economics - Revised and Expanded Edition, now including a downloadable supplement for
courses, exposes what many non-economists may have suspected and a minority of economists have
long known: that economic theory is not only unpalatable, but also plain wrong. When the original
Debunking Economics was published back in 2001, the ... More

70. An Economic History of India
By Dietmar Rothermund
Much has been written on the Indian economy but this is the first major attempt to present India's
economic history as a continuous process, and to place the development of agriculture, industry and
currency in a political and historical context. More

71. The Corporate Reconstruction of American Capitalism, 1890-1916
By Martin J. Sklar
At the turn of the twentieth century American politics underwent a profound change, as both
regulatory minimalism and statist command were rejected in favor of positive government engaged in
both regulatory and distributive roles. Through a fresh examination of the judicial, legislative, and
political aspects of the antitrust ... More

72. Profit Over People: Neoliberalism & Global Order
By Noam Chomsky; Robert W. McChesney
Why is the Atlantic slowly filling with crude petroleum, threatening a millions-of-years-old ecological
balance? Why did traders at prominent banks take high-risk gambles with the money entrusted to
them by hundreds of thousands of clients around the world, expanding and leveraging their
investments to the point that failure ... More

73. A History of Economic Thought
By Lionel Robbins
Lionel Robbins's now famous lectures on the history of economic thought comprise one of the greatest
accounts since World War II of the evolution of economic ideas. This volume represents the first time
those lectures have been published. Lord Robbins (1898-1984) was a remarkably accomplished
thinker, writer, and ... More

74. The Three Trillion Dollar War: The True Cost of the Iraq Conflict
By Joseph Stiglitz
The true cost of the Iraq War is $3 trillionand countingrather than the $50 billion projected by the
White House.Apart from its tragic human toll, the Iraq War will be staggeringly expensive in financial
terms. This sobering study by Nobel Prize winner Joseph E. ... More

75. Mobile Capital and Latin American Development
By James E. Mahon
Particularly timely in light of the recent Mexican peso crisis, Mobile Capital and Latin American
Development examines the causes, consequences, and implications of the Latin American capital flight
of the 1980s. It addresses the increasingly mobile and privatized nature of international capital and its
power to shape economic ... More

76. Argentina's Economic Growth and Recovery: The Economy in a
Time of Default
By Michael Cohen
This book examines the causes of the economic and political crisis in Argentina in 2001 and the
process of strong economic recovery. It poses the question of how a country which defaulted on its
external loans and was widely criticized by international observers could have succeeded in its ... More


77. Demystifying the Chinese Economy
By Justin Yifu Lin
China was the largest and one of most advanced economies in the world before the eighteenth
century, yet declined precipitately thereafter and degenerated into one of the world's poorest
economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China
did not reverse its fate until ... More

78. Global Trade and Conflicting National Interests
By Ralph E. Gomory; William J. Baumol
In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world
economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge
firms that benefit from economies of scale. This is very different from the largely agricultural world in
which the ... More

79. The Rise of the Western World
By Douglass C. North
First published in 1973, this is a radical interpretation, offering a unified explanation for the growth of
Western Europe between 900 A. D. and 1700, providing a general theoretical framework for
institutional change geared to the general reader. More

80. An Economic History of the USSR
By Alec Nove
This update to "The History of the Soviet Economy" covers the period from the Bolshevik seizure of
power to the aftermath of the failed coup, which speeded up the disintegration of the Soviet Union.
The final chapter encompasses Gorbachev's attempt to reform the old system and the failure ... More


81. The Predator State
By James K. Galbraith
Now available in paperback, this timely book challenges the cult of the free market that has
dominated all political and economic discussion since the Reagan revolution. Even many liberals have
felt the need to genuflect before the altar of free markets, but in The Predator State, progressive ...
More

82. Cuban Economists on the Cuban Economy
By Al Campbell
Brings together some of Cuban's most prominent economists to examine Cuba's economic history and
analyze changes in policy during the years since the collapse of the Soviet Union. More

83. Before European Hegemony: The World System A.D. 1250-1350
By Janet L. Abu-Lughod
In this important study, Abu-Lughod presents a groundbreaking reinterpretation of global economic
evolution, arguing that the modern world economy had its roots not in the sixteenth century, as is
widely supposed, but in the thirteenth century economy-a system far different from the European
world system which emerged from ... More

84. The Marshall Plan: America, Britain and the Reconstruction of
Western Europe
By Michael J. Hogan
Michael Hogan shows how The Marshall Plan was more than an effort to put American aid behind the
economic reconstruction of Europe. American officials hoped to refashion Western Europe into a
smaller version of the integrated single-market and mixed capitalist economy that existed in the
United States. Professor ... More

85. The Gift
By Marcel Mauss
Since its first publication in English in 1954, The Gift, Marcel Mauss's groundbreaking study of the
relation between forms of exchange and social structure, has been acclaimed as a classic among
anthropology texts. A brilliant example of the comparative method, ?The Gift? presents the first
systematic study of the ... More

86. Monopoly Capital
By Paul Sweezy; Paul A. Baran
This landmark text by Paul Baran and Paul Sweezy is a classic of twentieth-century radical thought, a
hugely influential book that continues to shape our understanding of modern capitalism. This book
deals with a vital area of economics, has a unique approach, is stimulating and well written. It ... More


87. Once in Golconda: A True Drama of Wall Street 1920-1928
By John Brooks
Once in Golconda "In this book, John Brooks-who was one of the most elegant of all business writers-
perfectly catches the flavor of one of history's best-known financial dramas: the 1929 crash and its
aftershocks. It's packed with parallels and parables for the modern reader." -From the Foreword by ...
More

88. Trade and Poverty: When the Third World Fell Behind
By Jeffrey G. Williamson
Today's wide economic gap between the postindustrial countries of the West and the poorer countries
of the third world is not new. Fifty years ago, the world economic order -- two hundred years in the
making -- was already characterized by a vast difference in per capita income ... More

89. The Economics of Climate Change
By Nicholas Stern
There is now clear scientific evidence that emissions from economic activity, particularly the burning of
fossil fuels for energy, are causing changes to the Earth's climate. A sound understanding of the
economics of climate change is needed in order to underpin an effective global response to this
challenge. ... More

90. The Joyless Economy: The Psychology of Human Satisfaction
By Tibor Scitovsky
When this classic work was first published in 1976, its central tenet--more is not necessarily better--
placed it in direct conflict with mainstream thought in economics. Within a few years, however, this
apparently paradoxical claim was gaining wide acceptance. Scitovsky's ground-breaking book was the
first to apply theories ... More

91. The First Industrial Nation: The Economic History of Britain 1700-
1914
By Peter Mathias
This celebrated and seminal text examines the industrial revolution, from its genesis in pre-industrial
Britain, through its development and into maturity. A chapter-by-chapter analysis explores topics such
as economic growth, agriculture, trade finance, labour and transport. First published in 1969, The First
Industrial Nation is widely recognised ... More

92. Meritocracy and Economic Inequality
By Samuel Bowles; Kenneth Arrow; Steven N. Durlauf
Most Americans strongly favor equality of opportunity if not outcome, but many are weary of poverty's
seeming immunity to public policy. This helps to explain the recent attention paid to cultural and
genetic explanations of persistent poverty, including claims that economic inequality is a function of
intellectual ability, ... More

93. Looking Forward: Participatory Economics for the Twenty First
Century
By Michael Albert; Robin Hahnel
How work can be organized efficiently and productively without hierarchy; how consumption could be
fulfilling and also equitable; and how participatory is planning could promote solidarity and foster self-
management. More

94. The Unbound Prometheus
By David S. Landes
In this new edition of his classic history on revolution and economic development in Europe, David
Landes reasserts his original arguments in the light of current debates about globalization and
comparative economic growth. Questions about why Europe was the first to industrialize and the
viability of the post-war ... More

95. The Limits of Organization
By Kenneth Arrow
The tension between what we wish for and what we can get, between values and opportunities, exists
even at the purely individual level. A hermit on a mountain may value warm clothing and yet be hard-
pressed to make it from the leaves, bark, or skins he can find. ... More

96. The Gaza Strip: The Political Economy of De-Development
By Sara Roy
In this ground-breaking and comprehensive study, Sara Roy examines in detail the political economy
of the Gaza Strip since the Israeli occupation in 1967. Providing an historical context for Israeli
economic policy, Roy argues that despite certain economic benefits that have accrued to the Gaza
Strip as ... More

97. The Money Illusion
By Irving Fisher
2011 reprint of 1928 edition. Full facsimile of the original edition, not reproduced with Optical
Recognition Software. In economics, money illusion refers to the tendency of people to think of
currency in nominal, rather than real, terms. This is a fallacy as modern fiat currencies have no
inherent ... More

98. Economic Reforms in Chile: From Dictatorship to Democracy
By Ricardo Ffrench-Davis
Articulate and provocative, Richardo Ffrench-Davis offers the most comprehensive and timely
assessment available of Chilean economic reform, from the military dictatorship of Pinochet in the
1970s up to the "reforms of reforms" made by the democratic governments in the 1990s.Written in
accessible and readable prose, Economic Reforms in ... More

99. The Three Worlds of Welfare Capitalism
By Gosta Esping-Andersen
Few discussions in modern social science have occupied as much attention as the changing nature of
welfare states in Western societies. Gsta Esping-Andersen, one of the foremost contributors to
current debates on this issue, here provides a new analysis of the character and role of welfare states
in ... More

100. Debt: The First 5,000 Years
By David Graeber
Now in paperback: David Graebers fresh ... fascinating ... thought-provoking ... and exceedingly
timely (Financial Times) history of debt Here anthropologist David Graeber presents a stunning
reversal of conventional wisdom: he shows that before there was money, there was debt. For more
than 5,000 years, since the ... More
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