Best Comparative Economics Books
Here you will get Best Comparative Economics Books For you.This is an up-to-date list of recommended books.
1. Discrimination and Disparities
Author: by Thomas Sowell
An enlarged edition of Thomas Sowell’s brilliant examination of the origins of economic disparitiesEconomic and other outcomes differ vastly among individuals, groups, and nations. Many explanations have been offered for the differences. Some believe that those with less fortunate outcomes are victims of genetics.
Others believe that those who are less fortunate are victims of the more fortunate. Discrimination and Disparities gathers a wide array of empirical evidence to challenge the idea that different economic outcomes can be explained by any one factor, be it discrimination, exploitation, or genetics.
This revised and enlarged edition also analyzes the human consequences of the prevailing social vision of these disparities and the policies based on that vision-from educational disasters to widespread crime and violence.
2. Capital in the Twenty-First Century
Author: by Thomas Piketty
A New York Times #1 BestsellerAn Amazon #1 BestsellerA Wall Street Journal #1 BestsellerA USA Today BestsellerA Sunday Times BestsellerWinner of the Financial Times and McKinsey Business Book of the Year AwardWinner of the British Academy MedalFinalist, National Book Critics Circle AwardIt seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the yearand maybe of the decade.
Paul Krugman, New York TimesThe book aims to revolutionize the way people think about the economic history of the past two centuries. It may well manage the feat. The EconomistPiketty’s Capital in the Twenty-First Century is an intellectual tour de force, a triumph of economic history over the theoretical, mathematical modeling that has come to dominate the economics profession in recent years.
Steven Pearlstein, Washington PostPiketty has written an extraordinarily important bookIn its scale and sweep it brings us back to the founders of political economy. Martin Wolf, Financial TimesA sweeping account of rising inequalityPiketty has written a book that nobody interested in a defining issue of our era can afford to ignore.
3. How Asia Works: Success and Failure In the World's Most Dynamic Region
Author: by Joe Studwell
Grove Press (July 2, 2013)
July 2, 2013
A good read for anyone who wants to understand what actually determines whether a developing economy will succeed. Bill Gates, Top 5 Books of the Year An Economist Best Book of the Year from a reporter who has spent two decades in the region, and who the Financial Times said should be named chief myth-buster for Asian business.
In How Asia Works, Joe Studwell distills his extensive research into the economies of nine countriesJapan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and Chinainto an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished.
Studwell’s in-depth analysis focuses on three main areas: land policy, manufacturing, and finance. Land reform has been essential to the success of Asian economies, giving a kick-start to development by utilizing a large workforce and providing capital for growth. With manufacturing, industrial development alone is not sufficient, Studwell argues.
4. Wealth, Poverty and Politics
Author: by Thomas Sowell
In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth.
We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state.
Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.
5. Capital and Ideology
Author: by Thomas Piketty
Published at: Belknap Press: An Imprint of Harvard University Press (March 10, 2020)
New York Times Best SellerThe epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system.
Thomas Piketty’s bestselling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system.
Our economy, Piketty observes, is not a natural fact. Markets, profits, and capital are all historical constructs that depend on choices. Piketty explores the material and ideological interactions of conflicting social groups that have given us slavery, serfdom, colonialism, communism, and hypercapitalism, shaping the lives of billions.
6. The Worldly Philosophers: The Lives, Times And Ideas Of The Great Economic Thinkers, Seventh Edition
Author: by Robert L. Heilbroner
The bestselling classic that examines the history of economic thought from Adam Smith to Karl Marxall 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 into our history but helps us better understand our own times.
In this seventh edition, Robert L. Heilbroner provides a new theme that connects thinkers as diverse as Adam Smith and Karl Marx. The theme is the common focus of their highly varied ideasnamely, the search to understand how a capitalist society works.
It is a focus never more needed than in this age of confusing economic headlines. In a bold new concluding chapter entitled The End of the Worldly Philosophy? Heilbroner reminds us that the word end refers to both the purpose and limits of economics.
This chapter conveys a concern that today’s increasingly scientific economics may overlook fundamental social and political issues that are central to economics. Thus, unlike its predecessors, this new edition provides not just an indispensable illumination of our past but a call to action for our future.
The 10 Rules of Successful Nations
Author: by Ruchir Sharma
The 10 Rules of Successful Nations offers a pithy guide to real-world economics, adapted from the New York Times bestseller The Rise and Fall of Nations. A wake-up call to economists who failed to foresee every recent crisis, including the cataclysm of 2008, The 10 Rules of Successful Nations is a slim primer full of pioneering insights on the political, economic, and social habits of successful nations.
Distilled from Sharma’s quarter century traveling the world as a writer and investor, his rules challenge conventional textbook thinking on what mattersand what doesn’tfor a strong economy. He shows why successful nations embrace robots and immigrants, prefer democratic leaders to autocrats, elect charismatic reformers over technocrats, and pay no mind to the debate about big versus small government.
He explains why rising stock prices matter as much or more than food prices, which measure of debt is the best predictor of economic crises, and why no one number can accurately capture the value of a currency. He also demonstrates how a close reading of the Forbes billionaire lists can offer the clearest real-time warning of populist revolts against the wealthy.
8. The Theory of Money and Credit
Author: by Ludwig von Mises
It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. From The Theory of Money and CreditOriginally published in 1912, Ludwig von Mises’s The Theory of Money and Credit remains today one of economic theory’s most influential and controversial treatises.
Von Mises’s examination into monetary theory changed forever the world of economic thought when he successfully integrated macroeconomics into microeconomics previously deemed an impossible task as well as offering explanations into the origin, value and future of money. One hundred years later, von Mises and the Austrian school of economic theory are still fiercely debated by world economists in their search for the solution to America’s current financial crisis.
His theorems continue to inspire politicians and market experts who aim to raise up the common man and reduce the financial power of governments. In a preface added in 1952, von Mises urges the people of the world to see economic truth:The great inflations of our age are not acts of God.
9. Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals
Author: by Tyler Cowen
Growth is good.Through history, economic growth, in particular, has alleviated human misery, improved human happiness and opportunity, and lengthened human lives. Wealthier societies are more stable, offer better living standards, produce better medicines, and ensure greater autonomy, greater fulfillment, and more sources of fun.
If we want to continue on our trends of growth, and the overwhelmingly positive outcomes for societies that come with it, every individual must become more concerned with the welfare of those around us. So, how do we proceed? Tyler Cowen, in a culmination of 20 years of thinking and research, provides a roadmap for moving forward.
In this new book, Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals, Cowen argues that our reason and common sense can help free us of the faulty ideas that hold us back as people and as a society.
Stubborn Attachments, at its heart, makes the contemporary moral case for economic growth and delivers a great dose of inspiration and optimism about our future possibilities. “Tyler Cowen is one of the most intriguing and eclectic thinkers on the planet like many people, I read something by him every day.
10. The Dollar Crisis
Author: by Richard Duncan
In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump.
The Dollar Crisis is divided into five parts: Part One describes how the US trade deficits, which now exceed US$1 million a minute, have destabilized the global economy by creating a worldwide credit bubble. Part Two explains why these giant deficits cannot persist and why a US recession and a collapse in the value of the Dollar are unavoidable.
Part Three analyzes the extraordinarily harmful impact that the US recession and the collapse of the Dollar will have on the rest of the world. Part Four offers original recommendations that, if implemented, would help mitigate the damage of the coming worldwide downturn and put in place the foundations for balanced and sustainable economic growth in the decades ahead.
11. Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It
Author: by Richard V. Reeves
May 8, 2018
Dream Hoarders sparked a national conversation on the dangerous separation between the upper middle class and everyone else. Now in paperback and newly updated for the age of Trump, Brookings Institution senior fellow Richard Reeves is continuing to challenge the class system in America.
In America, everyone knows that the top 1 percent are the villains. The rest of us, the 99 percentwe are the good guys. Not so, argues Reeves. The real class divide is not between the upper class and the upper middle class: it is between the upper middle class and everyone else.
The separation of the upper middle class from everyone else is both economic and social, and the practice of opportunity hoardinggaining exclusive access to scarce resourcesis especially prevalent among parents who want to perpetuate privilege to the benefit of their children.
While many families believe this is just good parenting, it is actually hurting others by reducing their chances of securing these opportunities. There is a glass floor created for each affluent child helped by his or her wealthy, stable family.
12. Socialism Sucks: Two Economists Drink Their Way Through the Unfree World
Author: by Robert Lawson
Do We Have to Say It Again?Socialism Sucks!Apparently we do. Because today millions of Americansyoung and oldare flocking to the socialist banner and chanting, What do we want? Socialismthe economic system that has impoverished people everywhere and resulted in the deaths of tens of millions!
And when do we want it?Now!Really? Most people seem somehow to have missed Economics 101 and don’t understand that socialism isn’t nice, cuddly government that takes care of everything for you so that you can remain an adolescent forever.
No, we’ve seen it tried over and over again with catastrophic consequences. Luckily, two semi-sober economists have toured the socialist world so you don’t have to. And they’ve come back with this stunning report: Socialism Sucks! Along the way, you’ll learn: Why the so-called Swedish model might be attractive, but sure isn’t socialism (Sweden is capitalism with a big welfare state) How socialist Venezuela went from being the toast of liberals everywhereViva Venezuela!
13. A Little History of Economics (Little Histories)
Author: by Niall Kishtainy
Yale University Press
A lively, inviting account of the history of economics, told through events from ancient to modern times and through the ideas of great thinkers in the fieldA whistle-stop introduction to the great works and thinkers of each age, this is a clear and accessible primer.
Laura Garmeson, Financial Times What causes poverty? Are economic crises inevitable under capitalism? Is government intervention in an economy helpful, or harmful? While the answers to such basic economic questions matter to everyone, the unfamiliar language and math of economics can seem daunting.
This clear, accessible, and even humorous book is ideal for young readers new to economic concepts, and for readers of all ages who want to better understand economic history and ideas. Economic historian Niall Kishtainy organizes short chapters that center on big ideas and events.
He introduces us to some of the key thinkersAdam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and otherswhile examining topics ranging from the invention of money to the Great Depression, entrepreneurship, and behavioral economics. The result is an enjoyable book that succeeds in illuminating the economic ideas and forces that shape our world.
14. Sedated: How Modern Capitalism Created our Mental Health Crisis
Author: by James Davies
In Britain alone, more than 20% of the adult population take a psychiatric drug in any one year. This is an increase of over 500% since 1980 and the numbers continue to grow. Yet, despite this prescription epidemic, levels of mental illness of all types have actually increased in number and severity.
Using a wealth of studies, interviews with experts, and detailed analysis, Dr James Davies argues that this is because we have fundamentally mischaracterised the problem. Rather than viewing most mental distress as an understandable reaction to wider societal problems, we have embraced a medical model which situates the problem solely within the sufferer and their brain.
Urgent and persuasive, Sedated systematically examines why this individualistic view of mental illness has been promoted by successive governments and big business – and why it is so misplaced and dangerous.
15. The Great Reversal: How America Gave Up on Free Markets
Author: by Thomas Philippon
In this much-anticipated book, a leading economist argues that many key problems of the American economy are due not to the flaws of capitalism or the inevitabilities of globalization but to the concentration of corporate power. By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth.
Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics.
Ultimately he reached his surprising conclusion: American markets, once a model for the world, are giving up on healthy competition. Sector after economic sector is more concentrated than it was twenty years ago, dominated by fewer and bigger players who lobby politicians aggressively to protect and expand their profit margins.