Reinventing the Bazaar

By John McMillan,

Book cover of Reinventing the Bazaar: A Natural History of Markets

Book description

From the wild swings of the stock market to the online auctions of eBay to the unexpected twists of the world's post-Communist economies, markets have suddenly become quite visible. We now have occasion to ask, "What makes these institutions work? How important are they? How can we improve them?"


Shepherd is reader supported. We may earn an affiliate commission when you buy through links on our website. (learn more)

Why read it?

1 author picked Reinventing the Bazaar as one of their favorite books. Why do they recommend it?

The right thinks markets are the magic solution to all problems; the left thinks they only let the rich exploit the poor. As always, the truth is more subtle. With rich details of how actual markets operate around the world, well grounded in modern economic theory of information and incentives, and written in a beautifully simple and engaging style, McMillan tells it like it is and explains why. If you have time to read only one book on economics, make it this one.

From Avinash's list on economics and game theory.

Want books like Reinventing the Bazaar?

Our community of 7,000+ authors has personally recommended 10 books like Reinventing the Bazaar.

Browse books like Reinventing the Bazaar

5 book lists we think you will like!

Interested in game theory, economics, and the economy?

7,000+ authors have recommended their favorite books and what they love about them. Browse their picks for the best books about game theory, economics, and the economy.

Game Theory Explore 17 books about game theory
Economics Explore 181 books about economics
The Economy Explore 137 books about the economy