Top 10 Best Books to Read in Economics - August 2021



Here are our top ten recommendations if you are looking for the best books to read in Economics. We have made sure our list is diverse to cater to the interests of different types of readers.

1. The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed


Top 10 Best Books to Read in Economics - August 2021

SOON TO BE A MAJOR MOTION PICTURE f rom director Ridley Scott, starring Lady Gaga and Adam Driver The sensational true story  of murder, madness, glamour, and greed that shook the Gucci dynasty On March 27, 1995, Maurizio Gucci, heir to the fabulous fashion dynasty, was slain by an unknown gunman as he approached his Milan office. In 1998, his ex-wife Patrizia Reggiani Martinelli--nicknamed "The Black Widow" by the press--was sentenced to 29 years in prison, for arranging his murder.  Did Patrizia murder her ex-husband because his spending was wildly out of control? Did she do it because her glamorous ex was preparing to marry his mistress, Paola Franchi? Or is there a possibility she didn't do it at all? The Gucci story is one of glitz, glamour, intrigue, the rise, near fall and subsequent resurgence of a fashion dynasty. Beautifully written, impeccably researched, and widely acclaimed,  The House of Gucci  will captivate readers with its page-turning account of high fashion, high finance, and heart-rending personal tragedy.

  • Author: Sara G Forden
  • Publisher: Custom House; 4th printing edition (October 9, 2001)
  • Genre: Biographies & Memoirs, Arts & Literature
  • ISBN: 978-0060937751
  • Dimensions: 9.03 x 6 x 1.06 inches

                 

2. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)


Top 10 Best Books to Read in Economics - August 2021

This classic text is annotated to update Graham's timeless wisdom for today's market conditions... The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.

  • Author: Benjamin Graham
  • Publisher: Harper Business; Revised ed. edition (February 21, 2006)
  • Genre: Business & Money, Finance
  • Dimensions: 5.31 x 1.6 x 8 inches

                 

3. Why Nations Fail: The Origins of Power, Prosperity, and Poverty


Top 10 Best Books to Read in Economics - August 2021

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?  Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?  Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence?  Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions - with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories.  Based on 15 years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:  China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions?  Why Nations Fail will change the way you look at—and understand—the world. PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

  • Author: Daron Acemoglu
  • Genre: Politics & Social Sciences, Politics & Government, Political Science, Comparative Politics

                 

4. COVID-19: The Great Reset


Top 10 Best Books to Read in Economics - August 2021

"COVID-19: The Great Reset" is a guide for anyone who wants to understand how COVID-19 disrupted our social and economic systems, and what changes will be needed to create a more inclusive, resilient and sustainable world going forward. Klaus Schwab, founder and executive Chairman of the World Economic Forum, and Thierry Malleret, founder of the Monthly Barometer, explore what the root causes of these crisis were, and why they lead to a need for a Great Reset.Theirs is a worrying, yet hopeful analysis. COVID-19 has created a great disruptive reset of our global social, economic, and political systems. But the power of human beings lies in being foresighted and having the ingenuity, at least to a certain extent, to take their destiny into their hands and to plan for a better future. This is the purpose of this book: to shake up and to show the deficiencies which were manifest in our global system, even before COVID broke out."Erudite, thought-provoking and plausible" -- Hans van Leeuwen, Australian Financial Review (Australia)"The book looks ahead to what the post-coronavirus world could look like barely four months after the outbreak was first declared a pandemic" -- Sam Meredith, CNBC (USA) "The message that the pandemic is not only a crisis of enormous proportions, but that it also provides an opportunity for humanity to reflect on how it can do things differently, is important and merits reflection"-- Ricardo Avila, Portafolio (Colombia) "A call for political change in the post-pandemic world"-- Ivonne Martinez, La Razon (Mexico)"History has shown, the book argues, that pandemics are a force for radical and lasting change"-- Mustafa Alrawi, The National (UAE)

  • Author: Klaus Schwab
  • Publisher: ISBN Agentur Schweiz (July 9, 2020)
  • Genre: Business & Money, Processes & Infrastructure
  • ISBN: 978-2940631124
  • Dimensions: 5.5 x 0.71 x 8.5 inches

                 

5. The Creature from Jekyll Island: A Second Look at the Federal Reserve


Top 10 Best Books to Read in Economics - August 2021

This classic expose of the Fed has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story - which it really is, but it's all true. This book is about the most blatant scam of history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Your world view will definitely change. Putting it quite simply, this may be the most important book on world affairs you will ever read. The 5th Edition includes a no-holds barred analysis of bank bailouts under the Bush and Obama Administrations that are shown to be nothing less than legalized plunder of the American people. Many other updates have been added, including a revision to the list of those who attended the historic meeting at Jekyll Island, where the Federal Reserve was created.

  • Author: G. Edward Griffin
  • Genre: Business & Money, Economics, Banks & Banking

                 



6. I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition)


Top 10 Best Books to Read in Economics - August 2021

“A unique voice on money, one singularly attuned to...his generation.” ( San Francisco Chronicle )  Buy as many lattes as you want. Spend extravagantly on the things you love. Live your rich life instead of tracking every last expense with Ramit Sethi’s simple, powerful, and effective six-week program for gaining control over your finances.  This isn’t typical advice from a money expert. In this completely updated second edition, Ramit teaches you how to choose long-term investments and the right bank accounts. With his characteristic no-BS perspective, he shows how to squeeze every hidden benefit out of your credit cards. Crush debt and student loans. Learn the exact words to negotiate a raise. Set up an automatic payment system and get on with your life. Plus, new material on overcoming psychological barriers, love and money, new investments options, and real audience stories of how applying Ramit’s principles led to a rich life.  “Don’t let the breezy, irreverent style of this book fool you. It contains serious advice on personal-finance decisions, from budgeting and savings to spending and investing.” (Burton G. Malkiel, author of A Random Walk Down Wall Street ) PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

  • Author: Ramit Sethi
  • Genre: Business & Money, Economics

                 

7. Zero to One: Notes on Startups, or How to Build the Future


Top 10 Best Books to Read in Economics - August 2021

Every moment in business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. And the next Mark Zuckerberg won't create a social network. If you are copying these guys, you aren't learning from them. It's easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. But every time we create something new, we go from 0 to 1. The act of creation is singular, as is the moment of creation, and the result is something fresh and strange. Progress comes from monopoly, not competition. If you do what has never been done and you can do it better than anybody else, you have a monopoly - and every business is successful exactly insofar as it is a monopoly. But the more you compete, the more you become similar to everyone else. From the tournament of formal schooling to the corporate obsession with outdoing rivals, competition destroys profits for individuals, companies, and society as a whole. Zero to One is about how to build companies that create new things. It draws on everything Peter Thiel has learned directly as a co-founder of PayPal and Palantir and then an investor in hundreds of startups, including Facebook and SpaceX. The single most powerful pattern Thiel has noticed is that successful people find value in unexpected places, and they do this by thinking about business from first principles instead of formulas. Ask not, what would Mark do? Ask: What valuable company is nobody building?

  • Author: Peter Thiel
  • Genre: Business & Money, Job Hunting & Careers, Guides

                 

8. Maverick: A Biography of Thomas Sowell


Top 10 Best Books to Read in Economics - August 2021

A biography of Thomas Sowell, one of America's most influential conservative thinkers.   Thomas Sowell is one of the great social theorists of our age. In a career spanning more than a half century, he has written over thirty books, covering topics from economic history and social inequality to political theory, race, and culture. His bold and unsentimental assaults on liberal orthodoxy have endeared him to many readers but have also enraged fellow intellectuals, the civil-rights establishment, and much of the mainstream media. The result has been a lack of acknowledgment of his scholarship among critics who prioritize political correctness.   In the first-ever biography of Sowell, Jason L. Riley gives this iconic thinker his due and responds to the detractors. Maverick showcases Sowell's most significant writings and traces the life events that shaped his ideas and resulted in a Black orphan from the Jim Crow South becoming one of our foremost public intellectuals.

  • Author: Jason L Riley
  • Publisher: Basic Books (May 25, 2021)
  • Genre: Politics & Social Sciences, Social Sciences
  • ISBN: 978-1541619685
  • Dimensions: 6.25 x 1 x 9.5 inches

                 

9. Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine


Top 10 Best Books to Read in Economics - August 2021

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

  • Author: Mike Michalowicz
  • Publisher: Portfolio; Reissue edition (February 21, 2017)
  • Genre: Business & Money, Finance
  • ISBN: 978-0735214149
  • Dimensions: 6.2 x 0.9 x 9.3 inches

                 

10. The Black Swan: The Impact of the Highly Improbable


Top 10 Best Books to Read in Economics - August 2021

Maverick thinker Nassim Nicholas Taleb had an illustrious career on Wall Street before turning his focus to his black swan theory. Not all swans are white, and not all events, no matter what the experts think, are predictable. Taleb shows that black swans, like 9/11, cannot be foreseen and have an immeasurable impact on the world.

  • Author: Nassim Nicholas Taleb
  • Genre: Science & Math, Mathematics, Applied, Probability & Statistics