Economics Books
Last Updated :
20 Dec, 2020
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Top 10 Economics Books to Read
Here, we provide the list of the top 10 best-selling economics books to read to make sure you benefit from every bit of information we provide.
- Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics ( Get this book )
- High-Profit Prospecting: Powerful Strategies to Find the Best Leads and Drive Breakthrough Sales Results ( Get this book )
- Thinking, Fast and Slow ( Get this book )
- Simplify: How the Best Businesses in the World Succeed ( Get this book )
- The Everything Economics Book: From theory to practice, your complete guide to understanding economics today ( Get this book )
- The Rise and Fall of Nations: Forces of Change in the Post-Crisis World 1st Edition ( Get this book )
- The Great Surge: The Ascent of the Developing World ( Get this book )
- The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street ( Get this book )
- The Green and the Black: The Complete Story of the Shale Revolution, the Fight over Fracking, and the Future of Energy ( Get this book )
- Makers and Takers: The Rise of Finance and the Fall of American Business ( Get this book )
Let us discuss each Economics book in detail, along with its key takeaways and reviews.
#1 - Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics
Author: Henry Hazlitt
Introduction
To understand a subject, you need to understand its basics, for no base is understanding its complexity. This Economics book is perfect for beginners as it sold over a million copies. The author has a few leading economic thinkers who write this book. He has successfully written economics the entire subject in a single chapter. It will teach you the principles of microeconomics; it also includes case studies.
Book Review
The author has been credited as an influence on modern advocates of free-market capitalism. In this economics book, the author focuses on non-government solutions and has given solid reasons for the same. He fits the liberty of individuals to endanger the government’s intervention in economics in a single chapter.
Key Takeaway
The writer explains microeconomics in a single chapter, including the liberty of individuals endangering government interference in economics.
#2 - High-Profit Prospecting: Powerful Strategies to Find the Best Leads and Drive Breakthrough Sales Results
Author: Mark Hunter CSP
Introduction
To win in your sales, you need to have a crucial pipeline, which is what the writer focuses on. And the secret of producing prospects by the toppers is all given in this economics book. The effects of the internet on cold calling and other aspects of sales are highlighted. The author has combined new strategies with the latest technology and age-old proven practices.
Book Review
This edition covers finding better leads and qualifying them quickly, trading cold calling for informed calling, adapting your timing and message, crafting accumulated emails, leaving good voicemails, using social media effectively, leveraging referrals, steering clear of prospecting pitfalls, connecting with C-Suits, etc.
Key Takeaway
This book is terrific for sales experts as it gives you the critical skills for successful sales.
#3 - Thinking, Fast and Slow
Author: Daniel Kahneman
Introduction
This economics book has won several awards, some of which are:
- The Winner of Science Best Books Awards in 2012
- The Title of Global and Mail Best Book of the Year 2011
- The Best Nonfiction Book of the Year 2011 of The Wall Street Journal.
And the list continues as the author takes on a tour of our minds and explains the two systems that make us think the way we believe, and these systems empower our judgment and decision-making capacities.
Book Review
This book is a must-read to understand our thinking, system, and the psychology behind our decision-making. He has also elaborated on how we can change our thinking and not just our thinking but also our lives. Very clearly put across the beauty and details of the subject to explain the facts of human behavior and its impact on the economy and how we can deal with it. He helps us reshape our thinking by analyzing rationality and reasoning.
Key Takeaway
It highlights the effects of analyzing and reasoning before responding to a situation. The author has tried to change the way a normal human brain thinks.
#4 - Simplify: How the Best Businesses in the World Succeed
Author: Richard Koch, Greg Lockwood
Introduction
A book that helps you to change the game is what we call it rightly. Changing the look of your business and your life is what you want and have been waiting for. So here is the right solution. The author has researched several successful companies to bring this book into existence. It is a compelling book to help you shape the vision of your business to help you get a clear path and growth in a set of frames with the help of the knowledge and experience of other successful companies.
Book Review
This book can revolutionize a business, a company, and an industry. This change will help you in decision-making with the help of the historical ideas of other successful businesses. Moreover, you will simplify your business and see growth for yourself and your business. Finally, you get to see the actual change.
Key Takeaway
Historical and successful business ideas are a real motivation to encourage you to read this book and implement these ideas.
#5 - The Everything Economics Book: From theory to practice, your complete guide to understanding economics today
Author: David A Mayer (Author), Fox Melanie E
Introduction
The author has been a successful economics lecturer. He has helped several students to mold their careers in this subject post-high school. The famous high school teacher has also written several books and test papers. He has civilized economics by adding life to it; he must admit that it is a very well-written book. He has given and explained the reasoning behind the decision-making of the government. The introduction is well-framed for both the students and teachers.
Book Review
The book covers how trade takes place and why it is essential. For example, the government’s intervention or interference in the market and how they do it, the reason behind unemployment and inflation, the connection between supply and demand, competitive markets, foreign exchange markets, and the financial markets, the measure of the economy, and much more.
Key Takeaway
This book gives you the causes and the fallouts of a recession which is extremely good to learn for students and teachers.
#6 - The Rise and Fall of Nations: Forces of Change in the Post-Crisis World 1st Edition
Author: Ruchir Sharma
Introduction
It is simply the best guide to the global economy and its issues today. The author has written this book based on his 25 years of travel experience, which he narrates in this edition. He has roamed from the villages to the president’s houses to write this book and give his readers an accurate picture of the world. He shows 10 rules of leading with a good perspective. In addition, he has given a very sharp comparison between countries.
Book Review
The book covers the dismal science of economics as art in practice. A number of factors can shape a country's economy and its fortune, and he has clarified these factors in 10 simple rules. He teaches his readers how to read by replacing fast growth with slow growth, ranking billionaires as a signal of a boom, etc.
Key Takeaway
The 10 simple rules that clarify several factors that change the fortune of a country's economy are some things you must read.
#7 - The Great Surge: The Ascent of the Developing World
Introduction
This story belongs to the poor across the globe. A book that can change the way you look at the world. Everyone must read it as it is a must-read. The author takes a step towards positivity and how the world seems in developing countries, for example, how these places have grown regarding income, healthcare, government, education, etc., in the last 2 decades. He changes the reading of Americans as they believe the globe has gone downhill and gotten from bad to worse.
Book Review
Radelet confirms that we are living in a phase of significant progress for people who are poor across the globe. However, he says that only some around the world developing countries have been so progressive. The definition of developing countries has been fragile and imperfect. He has also shown the changes and unpredictable economy along with their social and political transformation.
Key Takeaway
The writer has been spreading positivity and has explained the same very well in his economics book, which is a must-read.
#8 - The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street
Introduction
Well, no one knows the causes of the irrational behavior of the market; however, the writer has tried to give an explanation and rational behavior of the market trends. This economics book has been the New York Times's best-seller and the most notable book of 2011. The author is an editorial director of the Harvard Business Review Group. Moreover, he has narrated the historical events of our global economies. His writing skills have made the history of finance come alive.
Book Review
This publication clarifies the global economic mess we are in today, making it a must-read for everyone interested in our market, the government, their market-related moves, and the economy. In addition, it shows gimps of the market from behind the screen holding the stock price behind and making it perfectly rational.
Key Takeaway
The author brings modern economics to life with his realistic theories. These theories can be put into practice by our governments and our people.
# 9 - The Green and the Black: The Complete Story of the Shale Revolution, the Fight over Fracking, and the Future of Energy
Introduction
The author shares outrageous information about our assumption about accelerating America's future. The revolution has world-transforming consequences for investors, political leaders, the environment, the oil industry, etc. their process has caused local disruptions and pollution. This economics book bridges the gap between American energy education and green and addresses central controversies.
Book Review
The author shares shocking facts about America and its fuel-bearing capacity, which destroyed the environment by polluting it. He has discussed its cost, benefits, and other controversies that have affected the American economy and its future badly.
Key Takeaway
The author precisely says that we need to maintain the balance between our economic benefits and environmental health.
#10 - Makers and Takers: The Rise of Finance and the Fall of American Business
Introduction
The author highlights that the decline in the American economy comes not just from different markets or other economies but also from within their borders. After the great depression in 2008, they passed several regulations. However, they are yet to come. The author has dived into the depths of Wall Street and Washington by interviewing several experts to check the latest finance trends.
Book Review
Foroohar explains the biggest meltdown and the critical lessons learned from the crises. She dived into the reports and conducted interviews at the highest levels of Wall Street to ensure she got you the correct stats. She highlights that only 15% of the total economy consists of our real economy and the financial quarters take all the profits in the country, creating only 4% of American jobs.
Key Takeaway
The facts and the figures highlighted in the book are eye-opening.
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