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The End of Theory

by Richard Bookstaber

Our economy may have recovered from the Great Recession—but not our economics. In The End of Theory, Richard Bookstaber, one of the world's leading risk managers, discusses why the human condition and the...


Adaptive Markets

by Andrew W. Lo

Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient,...


Capital in the Twenty-First Century by Thomas Piketty

by 50MINUTES.Com

It can be hard for busy professionals to find the time to read the latest books. Stay up to date in a fraction of the time with this concise guide.

Thomas Piketty’s 2013 book Capital in the Twenty-First Century...


Utopia for Realists: How We Can Build the Ideal World

by Rutger Bregman

Universal basic income. A 15-hour workweek. Open borders. Does it sound too good to be true? One of Europe's leading young thinkers shows how we can build an ideal world today.

After working all day at jobs we...


Physics and Politics

by Walter Bagehot

'Physics and Politics’ is a description of the evolution of communities of men. The materials here are derived mainly from books, the surface to be observed being so extensive, but the attitude is precisely...


Economism: Bad Economics and the Rise of Inequality

by James Kwak & Simon Johnson

Here is a bracing deconstruction of the framework for understanding the world that is learned as gospel in Economics 101, regardless of its imaginary assumptions and misleading half-truths.

Economism: an ideology...


Elinor Ostrom

by Vlad Tarko

Elinor Ostrom was the first woman to win the Nobel Prize in economics. She has been at the forefront of New Institutional Economics and Public Choice revolutions, discovering surprising ways in which communities...


The Outline of Sanity

by G. K. Chesterton

This antiquarian book contains Gilbert Keith Chesterton's 1926 thesis, "The Outline of Sanity". Within this famous book Chesterton explores the subjects of poverty, concentration of wealth, work, agriculture,...


There Are 3 Types of American Capitalism. Old, New, and Global. What is Old Capitalism? New Capitalism? Global Capitalism? : SHORT STORY #55. Nonficti

by Alla P. Gakuba

There are 3 types of American capitalism: (1) Old capitalism which occurred from the 17th century—1940s; (2) New capitalism, from 1940s–1991; and (3) Global capitalism from 1991– present.

The story defines,...


3 Types of Economies. Market, Planning, and Mixed: SHORT STORY # 54.  Nonfiction series #1- # 60

by Alla P. Gakuba

There are 3 types of economies: market, planning, and mixed.  The story gave definitions and introduced advantages and disadvantages of each type of economy.

The author lived under all 3 types of economies:...


Econophysics and Financial Economics

Technology Differences over Space and Time

by Francesco Caselli

Technology Differences over Space and Time looks at how countries use their productive resources—such as workers, skills, equipment and structures, and natural resources. Francesco Caselli develops methods...


An Enquiry into the Nature and Effects of the Paper Credit of Great Britain

by Henry Thornton & F. A. v. Hayek

This book, first edited with an introduction by F. A. v. Hayek in 1939, explores some of the popular errors which related to the suspension of the cash payments of the Bank of England, and to the influence of...


A Short History of Mercantilism

by J. W. Horrocks

The purpose of this volume, first published in 1925, is to provide the historical account of the regime whereby the State, in different countries, has sought to control economic life in the interests of political...


Producers, Consumers, and Partial Equilibrium

by David Mandy

Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking;...


British Economists and the Empire

by John Cunningham Wood

This study, first published in 1983, is primarily concerned with what the British economists over the period 1860 to 1914 wrote on a range of economic and non-economic aspects of the British Empire, and the...


Economics, Ethics, and Ancient Thought: Towards a virtuous public policy

by Donald G. Richards

It is argued that the normative and ethical presuppositions of standard economics render the discipline incapable of addressing an important class of problems involving human choices. Economics adopts too thin...


Philosophy and Political Economy: In Some of Their Historical Relations

by James Bonar

This classic text, first published in 1893, was the first attempt to present a view of the relations of philosophy and economics through the whole of their history. In tracing the history of this relationship...


Nobel Laureates in Economic Sciences: A Biographical Dictionary

by Bernard S. Katz

This title, first published in 1989, is an in-depth biographical dictionary of the Nobel Laureates in Economic Sciences from 1969 to 1988. Each biographical entry includes a segment on the foundations of their...


Themes in Value and Distribution: Classical Theory Reappraised

by Krishna Bharadwaj

The essays in this volume, first published in 1989, seek to re-examine an important area of economic theory: value and distribution. In a sustained and analytical critique, two principle methodological approaches...