Best Macroeconomics Books
Here you will get Best Macroeconomics 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. Economic Facts and Fallacies, 2nd edition
Author: by Thomas Sowell
Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries.
One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous.
Written in the easy-to-follow style of the author’s Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.
3. The Sovereign Individual: Mastering the Transition to the Information Age
Author: by James Dale Davidson
Two renowned investment advisors and authors of the bestseller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century.
The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization. Few observers of the late twentieth century have their fingers so presciently on the pulse of the global political and economic realignment ushering in the new millennium as do James Dale Davidson and Lord William Rees-Mogg.
Their bold prediction of disaster on Wall Street in Blood in the Streets was borne out by Black Tuesday. In their ensuing bestseller, The Great Reckoning, published just weeks before the coup attempt against Gorbachev, they analyzed the pending collapse of the Soviet Union and foretold the civil war in Yugoslavia and other events that have proved to be among the most searing developments of the past few years.
4. The Price of Tomorrow: Why Deflation is the Key to an Abundant Future
Author: by Jeff Booth
“Your world view will transform instantly” – Salim Ismail, Best Selling Author of ‘Exponential Organizations’We live in an extraordinary time. Technological advances are happening at a rate faster than our ability to understand them, and in a world that moves faster than we can imagine, we cannot afford to stand still.
These advances bring efficiency and abundanceand they are profoundly deflationary. Our economic systems were built for a pre-technology era when labour and capital were inextricably linked, an era that counted on growth and inflation, an era where we made money from inefficiency.
That era is over, but we keep on pretending that those economic systems still work. The only thing driving growth in the world today is easy credit, which is being created at a pace that is hard to comprehendand with it, debt that we will never be able to pay back.
As we try to artificially drive an economic system built for the past, we are creating more than just economic trouble. On our current path, our world will become profoundly more polarized and unsafe. We need to build a new framework for our local and global economies, and soon; we need to accept deflation and embrace the abundance it can bring.
5. Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist
Author: by Kate Raworth
Chelsea Green Publishing
A Financial Times “Best Book of 2017: Economics 800-CEO-Read Best Business Book of 2017: Current Events & Public Affairs Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times.
Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century.
In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design.
6. Central Banking 101
Author: by Joseph J Wang
Joseph (January 18, 2021)
Central banking is magic. With a few words, the Fed can lift the stock market out of desperation and catapult it towards euphoric highs. With a few keystrokes, the Fed can conjure up trillions of dollars and fund virtually unlimited Federal spending.
And with a few poor decisions, the Fed can plunge the entire world into a recession. The Federal Reserve is one of the most powerful institutions in the world, and also one of the most difficult to understand. The Fed acts through its Open Markets Desk, which sits at the heart of the global financial system as the world’s ultimate and limitless provider of dollars.
On behalf of policy makers, the Desk gathers market intelligence from all the major market participants, sifts through reams of internal data, and works behind the scenes keep the financial system intact. It is responsible for all of the Fed’s market operations, from trillions in quantitative easing to hundreds of billions in repo and FX-swap loans.
The financial crises of 2008 and 2020 abated only through the emergency interventions of the Desk. Joseph Wang spent five years studying the monetary system as a trader on the Desk. From that vantage point, Joseph saw firsthand how the Fed operates and how the financial system really works.
Author: by N. Gregory Mankiw
Mankiw’s Macroeconomics has been the number one book for the intermediate macro course since the publication of the first edition. It maintains that bestselling status by continually bringing the leading edge of macroeconomics theory, research, and policy to the classroom, explaining complex concepts with exceptional clarity.
This new edition is no exception, with Greg Mankiw streamlining his hallmark approach and adding powerful new digital learning options while improving the book’s already exemplary focus on teaching students to apply the analytical tools of macroeconomics to current events and policies.
Also Available: Previous 9th Edition
8. Bitcoin: Hard Money You Can't F*ck With: Why bitcoin will be the next global reserve currency
Author: by Jason A. Williams
Bitcoin is hard money you can’t f*ck with.No-one controls it. No governments, no companies, no central banks, no money printing. It’s a revolution as big as the internet. And it’s never been hacked. Entrepreneur and investor Jason A.
Williams is the first author to put bitcoin in context of the 2020 crisis – a year of financial disaster and unprecedented money creation (money printer go brrr! Not only was bitcoin the best-performing asset on the planet in 2020, it quietly established itself as the next global reserve currency as central banks around the world desperately printed their money into oblivion.
Hard Money You Can’t F*ck With explains bitcoin in simple, readable terms and maps out how this magic internet money’ will grow into the best form of money we’ve ever had.What’s inside? Part 1: Why Bitcoin Matters Now- What is bitcoin?Who created it?
Why bitcoin is money you can’t f*ck with’- How bitcoin emerged out of the 2008 banking crisis. Why money printing slowly destroys your wealth. Part 2: A brief history of money (and money printing)- Take a step back and learn what exactly is money?’- Why printing cash’ has always led to the death of currency.
9. Good Economics for Hard Times
Author: by Abhijit V. Banerjee
The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today’s critical economic problems is perhaps the great challenge of our time.
Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change-these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC.
The resources to address these challenges are there-what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable.
In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect.
10. When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany
Author: by Adam Fergusson
When Money Dies is the classic history of what happens when a nation’s currency depreciates beyond recovery. In 1923, with its currency effectively worthless (the exchange rate in December of that year was one dollar to 4,200,000,000,000 marks), the German republic was all but reduced to a barter economy.
Expensive cigars, artworks, and jewels were routinely exchanged for staples such as bread; a cinema ticket could be bought for a lump of coal; and a bottle of paraffin for a silk shirt. People watched helplessly as their life savings disappeared and their loved ones starved.
Germany’s finances descended into chaos, with severe social unrest in its wake. Money may no longer be physically printed and distributed in the voluminous quantities of 1923. However, “quantitative easing,” that modern euphemism for surreptitious deficit financing in an electronic era, can no less become an assault on monetary discipline.
Whatever the reason for a country’s deficit – necessity or profligacy, unwillingness to tax or blindness to expenditure – it is beguiling to suppose that if the day of reckoning is postponed economic recovery will come in time to prevent higher unemployment or deeper recession.
11. Narrative Economics: How Stories Go Viral and Drive Major Economic Events
Author: by Robert J. Shiller
From Nobel Prizewinning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic eventsand why financial panics can spread like epidemic virusesStories people tellabout financial confidence or panic, housing booms, or Bitcoincan go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific.
In this groundbreaking book, Robert Shiller explains why we ignore these stories at our periland how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behaviorwhat he calls “narrative economics”may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events.
The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.
12. Arguing with Zombies: Economics, Politics, and the Fight for a Better Future
Author: by Paul Krugman
New York Times Bestseller An accessible, compelling introduction to today’s major policy issues from the New York Times columnist, best-selling author, and Nobel prizewinning economist Paul Krugman, now with a new preface. There is no better guide than Paul Krugman to basic economics, the ideas that animate much of our public policy.
Likewise, there is no stronger foe of zombie economics, the misunderstandings that just won’t die. In Arguing with Zombies, Krugman tackles many of these misunderstandings, taking stock of where the United States has come from and where it’s headed in a series of concise, digestible chapters.
Drawn mainly from his popular New York Times column, they cover a wide range of issues, organized thematically and framed in the context of a wider debate. Explaining the complexities of health care, housing bubbles, tax reform, Social Security, and so much more with unrivaled clarity and precision, Arguing with Zombies is Krugman at the height of his powers.
13. Charter Schools and Their Enemies
Author: by Thomas Sowell
A leading conservative intellectual defends charter schools against the teachers’ unions, politicians, and liberal educators who threaten to dismantle their success. The black-white educational achievement gap – so much discussed for so many years – has already been closed by black students attending New York City’s charter schools.
This might be expected to be welcome news. But it has been very unwelcome news in traditional public schools whose students are transferring to charter schools. A backlash against charter schools has been led by teachers unions, politicians and others – not only in New York but across the country.
If those attacks succeed, the biggest losers will be minority youngsters for whom a quality education is their biggest chance for a better life.
14. The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
Author: by Charles Goodhart
This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends it will raise inflation and interest rates, but lead to a pullback in inequality. Whatever the future holds, the authors argue, it will be nothing like the past.
Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system.
This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation.The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls.
Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others. This book will be of interest and understandable to anyone with an interest on where the world’s economy may be going.
15. The War on Cash: How Banks and a Power-Hungry Government Want to Confiscate Your Cash, Steal Your Liberty and Track Every Dollar You Spend. And How to Fight Back.
Author: by David McRee
The War on Cash: How Banks and a Power-Hungry Government Want to Confiscate Your Cash, Steal Your Liberty and Track Every Dollar You Spend. And How to Fight Back is a wake-up call to every one about the tactics being used by governments to restrict the public’s use of cash and to abuse the laws for its own purposes.
Powerful forces are threatening your financial freedom. All over the world, including in the United States of America, governments, certain academics, banks and non-governmental organizations (nonprofits) are working in a coordinated way to stop you from using cash. The War on Cash is a shocking look into the banks and power-hungry government plans to confiscate your cash, steal your liberty, and track every dollar you spend.
AND HOW TO FIGHT BACK!