Why am I passionate about this?

F. Scott Fitzgerald claimed, “there are no second acts in American lives.” But I am on my third. I started out in the theatre, then became a lawyer, and then a political philosopher. What drove each move is that I was always outraged by injustice and wanted to find a better way to fight against it. For me, reading, writing, and teaching political philosophy turned out to be that way. The books on this list provide important lessons on how certain economic policies can cause injustice while others can cure it. Each has been around for a long time, but they are as relevant today as when they were first written. 


I wrote

On Unemployment: A Micro-Theory of Economic Justice: Volume 1

By Mark R. Reiff,

Book cover of On Unemployment: A Micro-Theory of Economic Justice: Volume 1

What is my book about?

Despite the obvious problems caused by unemployment, political philosophers have long tended to ignore it as a source of injustice.…

When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

The books I picked & why

Book cover of A Guide to Keynes

Mark R. Reiff Why did I love this book?

I would have recommended John Maynard Keynes, The General Theory of Employment, Interest, and Money, which is one of the great masterworks of the twentieth century, but reading Keynes himself can be difficult.

Hansen’s book is the best summary available despite being more than 70 years old. And understanding Keynes is essential if you want to understand how certain economic policies continue to lead us astray.

Hard to find, but not impossible. 

By Alvin H. Hansen,

Why should I read it?

1 author picked A Guide to Keynes as one of their favorite books, and they share why you should read it.


Book cover of The Rise and Fall of Economic Justice and Other Essays

Mark R. Reiff Why did I love this book?

A series of essays by one of the most respected Canadian political philosophers of the twentieth century.

I have recommended this book for the title essay, which provides a particularly insightful account of how people have thought about economic justice (or haven’t) over time.

But all the essays are worth reading.

By C. B. Macpherson,

Why should I read it?

1 author picked The Rise and Fall of Economic Justice and Other Essays as one of their favorite books, and they share why you should read it.

What is this book about?

In his final book, one of the giants of twentieth-century political philosophy returns to his key themes of state, class, and property as well as such contemporary questions as economic justice, human rights, and the nature of industrial democracy. Macpherson not only re-examines historical issues dealt with in his earlier works, such as the impact of Hobbes's economic assumptions on his political theories, but assesses the problematic future of democracy in a market
society. This new edition includes an introduction by Frank Cunningham that places the book in the broader context of Macpherson's work.


Ad

Book cover of Who Is a Worthy Mother?: An Intimate History of Adoption

Who Is a Worthy Mother? By Rebecca Wellington,

I grew up thinking that being adopted didn’t matter. I was wrong. This book is my journey uncovering the significance and true history of adoption practices in America. Now, in the wake of the U.S. Supreme Court’s overturning of Roe v. Wade, the renewed debate over women’s reproductive rights places…

Book cover of The Affluent Society

Mark R. Reiff Why did I love this book?

How can a society as rich as ours leave so many people behind?

Published in 1958, this book opened my eyes to the importance of economic justice—I first read it in the late 1970s when I was nineteen.

But it is still mind-blowing today, for neither the wrongheadedness of prevailing economic policy nor the solutions that are available for us to do better have changed.

By John Kenneth Galbraith,

Why should I read it?

3 authors picked The Affluent Society as one of their favorite books, and they share why you should read it.

What is this book about?

John Kenneth Galbraith's international bestseller The Affluent Society is a witty, graceful and devastating attack on some of our most cherished economic myths.

As relevant today as when it was first published over forty years ago, this newly updated edition of Galbraith's classic text on the 'economics of abundance', lays bare the hazards of individual and social complacency about economic inequality.

Why worship work and productivity if many of the goods we produce are superfluous - artificial 'needs' created by high-pressure advertising? Why begrudge expenditure on vital public works while ignoring waste and extravagance in the private sector of the…


Book cover of Capitalism, Socialism, and Democracy

Mark R. Reiff Why did I love this book?

A renowned economist and Harvard professor with a bit of a cult following, Schumpeter provides a realistic evaluation of what capitalism is and whether it can survive if it does not do more to help a wider range of people.

First published in 1942, Schumpeter’s fear was the rise of socialism, but what he had to say about the failings of capitalism back then applies with equal force today.

Schumpeter was the originator of the term “creative destruction” to describe how capitalism works, and Part II of the book was the inspiration for my paper, “Can Liberal Capitalism Survive?”

The book has never been out of print. 

By Joseph A Schumpeter,

Why should I read it?

3 authors picked Capitalism, Socialism, and Democracy as one of their favorite books, and they share why you should read it.

What is this book about?

“Joseph Schumpeter’s classic Capitalism, Socialism and Democracy explains the process of capitalism’s 'creative destruction' — a key principle in understanding the logic of globalization." — Thomas L. Friedman, Foreign Policy

In this definitive third and final edition (1950) of his prophetic masterwork, Joseph A. Schumpeter introduced the world to the concept of “creative destruction,” which forever altered how global economics is approached and perceived. Now featuring a new introduction by Pulitzer Prize-winning Schumpeter biographer Thomas K. McCraw, Capitalism, Socialism and Democracy is essential read­ing for anyone who seeks to understand where the world economy is headed.

“If Keynes was the…


Ad

Book cover of Secret St. Augustine: A Guide to the Weird, Wonderful, and Obscure

Secret St. Augustine By Elizabeth Randall, William Randall,

Tourists and local residents of St. Augustine will enjoy reading about the secret wonders of their ancient city that are right under their noses. Of course, that includes a few stray corpses and ghosts!

Book cover of The Just Economy: Principles of Political Economy Volume IV

Mark R. Reiff Why did I love this book?

Winner of the Nobel Prize for Economics in 1977, Meade was on the moderate left.

He wanted a more just economy but did not advocate jettisoning capitalism. Here he gives his analysis of various economic problems, what causes economic injustice, and how to make this right.

The book can get technical at times, but his analyses and proposed solutions are as relevant today as they were when they were first presented.

Meade’s work was one of the inspirations for John Rawls, A Theory of Justice, the most important work of liberal political philosophy of the twentieth century. 

By James E. Meade,

Why should I read it?

1 author picked The Just Economy as one of their favorite books, and they share why you should read it.

What is this book about?

First published in 1979, this fourth part of Principles of Political Economy applies the tools of economic analysis to the distribution of income and property. Professor Meade considers the problems of making interpersonal comparisons of welfare and of distinguishing between the efficiency and distributional aspects of changes in social welfare. He analyses the possible criteria for redistribution as between rich and poor members of the same generation, as between present and future generations, and - in the context of demographic policies - as between the born and the unborn. Special attention is given to the social factors (such as assortative…


Explore my book 😀

On Unemployment: A Micro-Theory of Economic Justice: Volume 1

By Mark R. Reiff,

Book cover of On Unemployment: A Micro-Theory of Economic Justice: Volume 1

What is my book about?

Despite the obvious problems caused by unemployment, political philosophers have long tended to ignore it as a source of injustice. Most view unemployment as a technical matter, with solutions dependent on the kind of empirical determinations that are best left to economists. But I think this is a mistake. Work is a major part of our social life, as well as something that provides many people with their sense of identity and self-respect. The unemployed are accordingly missing out on a great deal of what makes for a meaningful life, and not just on economic benefits. Unemployment therefore is a form of injustice, and society has a moral obligation to take action. The nature and extent of this moral obligation is what On Unemployment is dedicated to exploring.

Book cover of A Guide to Keynes
Book cover of The Rise and Fall of Economic Justice and Other Essays
Book cover of The Affluent Society

Share your top 3 reads of 2024!

And get a beautiful page showing off your 3 favorite reads.

1,605

readers submitted
so far, will you?

Ad

📚 You might also like…

Book cover of Who Will Take Care of Me When I'm Old?: Plan Now to Safeguard Your Health and Happiness in Old Age

Who Will Take Care of Me When I'm Old? By Joy Loverde,

Everything you need to know to plan for your own safe, financially secure, healthy, and happy old age.

For those who have no support system in place, the thought of aging without help can be a frightening, isolating prospect. Whether you have friends and family ready and able to help…

Book cover of The Model Spy: Based on the True Story of Toto Koopman’s World War II Ventures

The Model Spy By Maryka Biaggio,

The Model Spy is based on the true story of Toto Koopman, who spied for the Allies and Italian Resistance during World War II.

Largely unknown today, Toto was arguably the first woman to spy for the British Intelligence Service. Operating in the hotbed of Mussolini's Italy, she courted danger…

5 book lists we think you will like!

Interested in philosophy, Keynes, and presidential biography?

Philosophy 1,795 books
Keynes 14 books