10 best economics books | The IndependentAlmost a decade on from the start of the financial crisis and the consequences of the upheaval are still with us — as well as new challenges after the Brexit vote and the arrival of Donald Trump as leader of the free world. You can trust our independent reviews. We may earn commission from some of the retailers, but we never allow this to influence selections, which are formed from real-world testing and expert advice. This revenue helps us to fund journalism across The Independent. Rarely can a book with such an unprepossessing title have been such a gripping read. Gordon's genius — that is not too grand a term — is to weave together economic history with the story of the technology, know-how, politics, demographics and medicine that made the astonishing progress of the United States between the end of the civil war and today perhaps the most remarkable ever. The greater service provided by the author, aside from its unexpectedly high value as a compelling pie of entertainment for the general reader, is to provide the essential backdrop to what has been so dramatically overtaking America in recent months.
Top 10 Best Economics Books
We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made after visiting links within our content. Economics is a broad topic and if you're not an economist by profession, your knowledge of how it works might be limited to the Econ class you took in high school or college. But getting to know the finer points of economics and how the economy works in tandem with things like stock market movements, interest rates, consumer pricing and housing prices is important from an investing perspective. When you're tuned in to what drives economic trends and cycles that gives you a framework for making investment or portfolio decisions. For instance, you may be better positioned to buy or sell stocks if you're able to recognize the signs of an impending economic downturn or the upward momentum that characterizes the coming of a bull market.
The topic of economics is rich with great writing, and many books have been published over the years which tackle economic issues for a popular audience. Here is our list of ten of the best books in the area of economics. Many of the books here are bestsellers, but we have included a few lesser-known titles that have had an important impact on how the public perceives economics. Some titles, too, are interdisciplinary, combining science, psychology and economics to explain history and human processes; others are narratives of events. All, though, are well worth a read. The book follows generally most of the people who believed the housing bubble was going to burst and, by betting against the collateralised debt obligation bubble, ended up profiting vastly upon eventual collapse.
Make Your Own List. Interview by Sophie Roell. There are lots of pithy definitions of economics, none of which I find very helpful. You wake up. You get up. You make yourself food.
A teacher gives a lecture at a cram school in a Goshichon, which means "exam village" in Korean, in Seoul December 13, Perhaps you've gone to university and don't want to go back, or perhaps you haven't but still yearn to know more about the subject.
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#4 – Simplify: How the Best Businesses in the World Succeed
These are great books about economics for starting to up your Econ knowledge without feeling like you have to take ten college classes first…though having done that will certainly help! More than any other book, this text taught me a new perspective on the profit motive. Nelson points out that imagining the economy as a machine, cold and impersonal, is an unnecessary metaphor and we are allowed to think of it differently. We are allowed to value caring professions like teaching and care-taking without assuming that we should pay these jobs less than other jobs. She even shows how long-term, the economy will have fewer recessions if we factor in the true costs of various parts of the economic enterprise, like paying attention to environmental degradation and the negatives of ultra-inexpensive outsourcing models. The characters, from the wealthiest drug kingpin to the most destitute mom trying to feed her kids, all make economic choices to survive and take economic risks to hope for payoffs that result in better lives. This book gives an extended example that of the materials, labor, and trade that goes into making and selling a t-shirt that shows how a globalized economy works.