Top 10 Best Books to Read in Public Finance - August 2021



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

1. The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy


Top 10 Best Books to Read in Public Finance - August 2021

A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

  • Author: Stephanie Kelton
  • Publisher: PublicAffairs; Illustrated edition (June 9, 2020)
  • Genre: Politics & Social Sciences, Politics & Government

                 

2. How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition


Top 10 Best Books to Read in Public Finance - August 2021

The national bestseller Anyone can learn to invest wisely with this bestselling investment system! Through every type of market, William J. O’Neil’s national bestseller, How to Make Money in Stocks , has shown over 2 million investors the secrets to building wealth. O’Neil’s powerful CAN SLIM® Investing System―a proven 7-step process for minimizing risk and maximizing gains―has influenced generations of investors. Based on a major study of market winners from 1880 to 2009, this expanded edition gives you: Proven techniques for finding winning stocks before they make big price gains Tips on picking the best stocks, mutual funds, and ETFs to maximize your gains 100 new charts to help you spot today’s most profitable trends PLUS strategies to help you avoid the 21 most common investor mistakes! “I dedicated the 2004 Stock Trader’s Almanac to Bill O’Neil: ‘His foresight, innovation, and disciplined approach to stock market investing will influence investors and traders for generations to come.’” ―Yale Hirsch, publisher and editor, Stock Trader’s Almanac and author of Let’s Change the World Inc. “ Investor’s Business Daily has provided a quarter-century of great financial journalism and investing strategies.” ―David Callaway, editor-in-chief, MarketWatch “ How to Make Money in Stocks is a classic. Any investor serious about making money in the market ought to read it.” ―Larry Kudlow, host, CNBC’s "The Kudlow Report"

  • Author: William O'Neil
  • Publisher: McGraw-Hill Education; 4th edition (June 8, 2009)
  • Genre: Business & Money, Economics
  • ISBN: 978-0071614139
  • Dimensions: 5.6 x 0.9 x 8.9 inches

                 

3. Seven Deadly Economic Sins: Obstacles to Prosperity and Happiness Every Citizen Should Know


Top 10 Best Books to Read in Public Finance - August 2021

You have heard of the Seven Deadly Sins: pride, greed, lust, envy, gluttony, wrath, and sloth. Each is a natural human weakness that impedes happiness. In addition to these vices, however, there are economic sins as well. And they, too, wreak havoc on our lives and in society. They can seem intuitively compelling, yet they lead to waste, loss, and forgone prosperity. In this thoughtful and compelling book, James Otteson tells the story of seven central economic fallacies, explaining why they are fallacies, why believing in them leads to mistakes and loss, and how exorcizing them from our thinking can help us avoid costly errors and enable us to live in peace and prosperity.

  • Author: James R. Otteson
  • Publisher: Cambridge University Press (April 8, 2021)
  • Genre: Business & Money, Economics
  • ISBN: 978-1108843379
  • Dimensions: 5.75 x 0.75 x 8.75 inches

                 

4. Deficit Myth


Top 10 Best Books to Read in Public Finance - August 2021

A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.

  • Author: Stephanie Kelton
  • Genre: Politics & Social Sciences, Politics & Government

                 

5. The Four Pillars of Investing: Lessons for Building a Winning Portfolio


Top 10 Best Books to Read in Public Finance - August 2021

The classic guide to constructing a solid portfolio―without a financial advisor! “With relatively little effort, you can design and assemble an investment portfolio that, because of its wide diversification and minimal expenses, will prove superior to the most professionally managed accounts. Great intelligence and good luck are not required.” William Bernstein’s commonsense approach to portfolio construction has served investors well during the past turbulent decade―and it’s what made The Four Pillars of Investing an instant classic when it was first published nearly a decade ago. This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople. Bernstein pulls back the curtain to reveal what really goes on in today’s financial industry as he outlines a simple program for building wealth while controlling risk. Straightforward in its presentation and generous in its real-life examples, The Four Pillars of Investing presents a no-nonsense discussion of: The art and science of mixing different asset classes into an effective blend The dangers of actively picking stocks, as opposed to investing in the whole market Behavioral finance and how state of mind can adversely affect decision making Reasons the mutual fund and brokerage industries, rather than your partners, are often your most direct competitors Strategies for managing all of your assets―savings, 401(k)s, home equity―as one portfolio Investing is not a destination. It is a journey, and along the way are stockbrokers, journalists, and mutual fund companies whose interests are diametrically opposed to yours. More relevant today than ever, The Four Pillars of Investing shows you how to determine your own financial direction and assemble an investment program with the sole goal of building long-term wealth for you and your family.

  • Author: William Bernstein
  • Publisher: McGraw-Hill Education; 1st edition (July 8, 2010)
  • Genre: Business & Money, Economics
  • ISBN: 978-0071747059
  • Dimensions: 6.3 x 1.3 x 9.2 inches

                 



6. Option Volatility and Pricing: Advanced Trading Strategies and Techniques, 2nd Edition


Top 10 Best Books to Read in Public Finance - August 2021

WHAT EVERY OPTION TRADER NEEDS TO KNOW. THE ONE BOOK EVERY TRADER SHOULD OWN. The bestselling Option Volatility & Pricing has made Sheldon Natenberg a widely recognized authority in the option industry. At firms around the world, the text is often the first book that new professional traders are given to learn the trading strategies and risk management techniques required for success in option markets. Now, in this revised, updated, and expanded second edition, this thirty-year trading professional presents the most comprehensive guide to advanced trading strategies and techniques now in print. Covering a wide range of topics as diverse and exciting as the market itself, this text enables both new and experienced traders to delve in detail into the many aspects of option markets, including: The foundations of option theory Dynamic hedging Volatility and directional trading strategies Risk analysis Position management Stock index futures and options Volatility contracts Clear, concise, and comprehensive, the second edition of Option Volatility & Pricing is sure to be an important addition to every option trader's library--as invaluable as Natenberg's acclaimed seminars at the world's largest derivatives exchanges and trading firms. You'll learn how professional option traders approach the market, including the trading strategies and risk management techniques necessary for success. You'll gain a fuller understanding of how theoretical pricing models work. And, best of all, you'll learn how to apply the principles of option evaluation to create strategies that, given a trader's assessment of market conditions and trends, have the greatest chance of success. Option trading is both a science and an art. This book shows how to apply both to maximum effect.

  • Author: Sheldon Natenberg
  • Publisher: McGraw-Hill Education; 2nd edition (November 21, 2014)
  • Genre: Business & Money, Economics
  • ISBN: 978-0071818773
  • Dimensions: 6.2 x 2.1 x 9.2 inches

                 

7. The Premonition: A Pandemic Story


Top 10 Best Books to Read in Public Finance - August 2021

A SUNDAY TIMES AND NEW YORK TIMES BESTSELLER 'Superb ... It is tremendous fun, tremendously told' Tom Whipple, The Times 'A fluid intellectual thriller' Daily Telegraph From the global bestselling author of The Big Short , the gripping story of the maverick scientists who hunted down Covid-19 'It's a foreboding,' she said. 'A knowing that something is looming around the corner. Like how when the seasons change you can smell Fall in the air right before the leaves change and the wind turns cold.' In January 2020, as people started dying from a new virus in Wuhan, China, few really understood the magnitude of what was happening. Except, that is, a small group of scientific misfits who in their different ways had been obsessed all their lives with how viruses spread and replicated - and with why the governments and the institutions that were supposed to look after us, kept making the same mistakes time and again. This group saw what nobody else did. A pandemic was coming. We weren't prepared. The Premonition is the extraordinary story of a group who anticipated, traced and hunted the coronavirus; who understood the need to think differently, to learn from history, to question everything; and to do all of this fast, in order to act, to save lives, communities, society itself. It's a story about the workings of the human mind; about the failures and triumphs of human judgement and imagination. It's the story of how we got to now. 'Lewis is a master of his form' Sunday Times

  • Author: Michael Lewis
  • Publisher: Penguin (May 4, 2021)
  • Genre: Kindle Store, Kindle eBooks, Business & Money

                 

8. What We Owe Each Other: A New Social Contract for a Better Society


Top 10 Best Books to Read in Public Finance - August 2021

From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience―raising children, getting educated, falling ill, working, growing old―and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society―together.

  • Author: Minouche Shafik
  • Publisher: Princeton University Press (April 27, 2021)
  • Genre: Politics & Social Sciences, Politics & Government
  • ISBN: 978-0691204451
  • Dimensions: 6.4 x 1.2 x 9.4 inches

                 

9. Post Corona: From Crisis to Opportunity


Top 10 Best Books to Read in Public Finance - August 2021

The New York Times bestselling author of The Four and NYU Business School professor delivers an insightful, urgent analysis of who stands to win and who's at risk to lose in a post-pandemic world. The Covid-19 outbreak has turned bedrooms into offices, pitted young against old and widened the gaps between rich and poor, red and blue, the mask-wearers and the mask-haters. Some businesses, like Amazon and video conference software maker Zoom, woke up to find themselves crushed under an avalanche of consumer demand. Others, like the restaurant, travel, hospitality and live entertainment industries, scrambled to not become instantly obsolete. But the pandemic has not been a change agent so much as an accelerant of trends that were already well underway. In Post Corona , Galloway outlines the contours of both crisis and opportunity that lie ahead. While the powerful tech monopolies will thrive in the disruption other businesses, like higher education, will struggle to maintain a value proposition that no longer makes sense when we can't stand shoulder to shoulder. Combining his signature humour and brash style with razor-sharp business insights, Galloway offers both warning and hope in equal measure.

  • Author: Scott Galloway
  • Publisher: Bantam Press; 1st Edition (November 26, 2020)
  • Genre: Business & Money, Economics
  • ISBN: 978-1787634817
  • Dimensions: 6.02 x 0.75 x 9.21 inches

                 

10. Technical Analysis from A to Z, 2nd Edition


Top 10 Best Books to Read in Public Finance - August 2021

Millions of traders participating in today’s financial markets have shot interest and involvement in technical analysis to an all-time high. This updated edition of Technical Analysis from A to Z combines a detailed explanation of what technical analysis is and how it works with overviews, interpretations, calculations, and examples of over 135 technical indicators―and how they perform under actual market conditions. Enhanced with more details to make it easier to use and understand, this book reflects the latest research findings and advances. A complete summary of major indicators that can be used in any market, it covers: • Every trading tool from the Absolute Breadth Index to the Zig Zag • Indicators include Arms Index, Dow Theory, and Elliott Wave Theory • Over 35 new indicators

  • Author: Steven Achelis
  • Publisher: McGraw-Hill Education; 2nd edition (December 13, 2013)
  • Genre: Business & Money, Economics
  • ISBN: 978-0071826297
  • Dimensions: 7.3 x 1.3 x 10.7 inches