100 books like A Guide to Keynes

By Alvin H. Hansen,

Here are 100 books that A Guide to Keynes fans have personally recommended if you like A Guide to Keynes. Shepherd is a community of 9,000+ authors and super readers sharing their favorite books with the world.

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The Affluent Society

By John Kenneth Galbraith,

Book cover of The Affluent Society

Mark R. Reiff Author Of On Unemployment: A Micro-Theory of Economic Justice: Volume 1

From the list on what causes economic injustice.

Who am I?

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. 

Mark's book list on what causes economic injustice

Why did Mark 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 Author Of On Unemployment: A Micro-Theory of Economic Justice: Volume 1

From the list on what causes economic injustice.

Who am I?

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. 

Mark's book list on what causes economic injustice

Why did Mark 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…


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

Mark R. Reiff Author Of On Unemployment: A Micro-Theory of Economic Justice: Volume 1

From the list on what causes economic injustice.

Who am I?

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. 

Mark's book list on what causes economic injustice

Why did Mark 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.


The Just Economy

By James E. Meade,

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

Mark R. Reiff Author Of On Unemployment: A Micro-Theory of Economic Justice: Volume 1

From the list on what causes economic injustice.

Who am I?

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. 

Mark's book list on what causes economic injustice

Why did Mark 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…


Book cover of Economic Theory in Retrospect

Thijs ten Raa Author Of Microeconomics: Equilibrium and Efficiency

From the list on microeconomics on how markets are interconnected.

Who am I?

Microeconomics is a turnoff to most readers. Not without reason. Many books in this field are dull rewrites of other books and opaque.  In particular, it is not clear how the behavior of individual consumers and producers adds to the performance—good or bad—of an economy. The books listed here helped me to sharpen my own mind and to make my writing lucid.

Thijs' book list on microeconomics on how markets are interconnected

Why did Thijs love this book?

Mark Blaug escaped the Netherlands, just in time before the Nazis marched in, went to New York University, and eventually wrote this colossal overview of the entire body of the economics literature. 

He is capable of ordering different formal approaches to the subject matter in plain English, what an achievement.

By Mark Blaug,

Why should I read it?

2 authors picked Economic Theory in Retrospect as one of their favorite books, and they share why you should read it.

What is this book about?

This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is, it is consistently focused on theoretical analysis, undiluted by entertaining historical digressions or biological colouring. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics, namely the works of Smith, Ricardo, Mill, Marx, Marshall, Wickstead, Wicksell, Walras and Keynes, in the effort to encourage students to become acquainted at first hand with the writings of all the great economists.…


The Worldly Philosophers

By Robert L. Heilbroner,

Book cover of The Worldly Philosophers: The Lives, Times And Ideas Of The Great Economic Thinkers

Panayotis G. Michaelides Author Of History of Economic Ideas: From Adam Smith to Paul Krugman

From the list on the evolution of economics.

Who am I?

I am a Full Professor and Lab Director in Economics. My interest in this field began when I traveled abroad and observed the differences in prices, goods, and quality of life. In order to gain a deeper understanding, I decided to switch from my previous academic background in Engineering, Mathematics & Physics to Economics, Finance & Data Science. Today, I am dedicated to expanding my knowledge and sharing my insights through teaching, academic publications, and LinkedIn posts. According to the latest rankings, I am humbled to be among the top 3% most productive economists worldwide (IDEAS-RePec, 2023), as well as being ranked among the top 4% researchers in Financial Economics, and the top 5% in Econometrics (Researchgate, 2023).

Panayotis' book list on the evolution of economics

Why did Panayotis love this book?

Are you looking for a good introduction to Economics?

Then, as I did, start with a brilliant survey of the main thinkers, who have shaped our understanding of the economic system. These economists’ thoughts ranged from addressing how to improve the quality of life for all, to understanding the source of value and the functioning of the economy.

Although they were not always accurate, their influence on contemporary Economics is tremendous, and Heilbroner's writing style will captivate you. I recommend this book to all of my students and colleagues.

In fact, after reading this book during my University studies, I became inspired to study Economics in depth and engage in scholarly research. Even switched from Engineering, Mathematics, and Physics to Economics, Finance, and Data Science.

By Robert L. Heilbroner,

Why should I read it?

4 authors picked The Worldly Philosophers as one of their favorite books, and they share why you should read it.


Small Is Beautiful

By E.F. Schumacher,

Book cover of Small Is Beautiful: Economics as If People Mattered

Ray Cunningham Author Of The Post-Growth Project: How the End of Economic Growth Could Bring a Fairer and Happier Society

From the list on our fatal addiction to economic growth.

Who am I?

In my career, I managed research into how the problems of modern industrial society are tackled in different countries. This reflected my own comparative instinct, which arose out of growing up bilingual and at home in two cultures. My journey into politics, sociology, and economics made me increasingly aware of the blindness of our social arrangements to the growing ecological crisis – and of how this blindness is perpetuated by the narrow silos of our political and academic systems. Our only hope now lies with thinkers who can escape those silos and integrate different perspectives into a holistic understanding. We don’t need more specialists, but generalists. Fewer economists, more moral philosophers. 

Ray's book list on our fatal addiction to economic growth

Why did Ray love this book?

The book that gave birth to the slogan... This is an iconoclastic look at the capitalist economy from a man who trained as an academic economist and worked for the National Coal Board. Schumacher thought creatively and wrote and spoke in a lively and engaging way and the book is an accessible introduction to a different way of thinking about what the purpose of an economy, or economics, is.

Also, Schumacher was invited to become the first Director of the Anglo-German Foundation for the Study of Industrial Society, but felt that he was already too old for the job. Many years later, I became the Foundation’s last Director.

By E.F. Schumacher,

Why should I read it?

3 authors picked Small Is Beautiful as one of their favorite books, and they share why you should read it.

What is this book about?

This New York Times bestselling “Eco Bible” (Time magazine) teaches us that economic growth must be responsibly balanced with the needs of communities and the environment.

“Embracing what Schumacher stood for--above all the idea of sensible scale--is the task for our time. Small is Beautiful could not be more relevant. It was first published in 1973, but it was written for our time.” — Bill McKibben, from the Foreword

Small Is Beautiful is Oxford-trained economist E. F. Schumacher’s classic call for the end of excessive consumption. Schumacher inspired such movements as “Buy Locally” and “Fair Trade,” while voicing strong opposition…


How Much Is Enough?

By Robert Skidelsky, Edward Skidelsky,

Book cover of How Much Is Enough?: Money and the Good Life

Emrys Westacott Author Of The Wisdom of Frugality: Why Less Is More - More or Less

From the list on simple living and the good life.

Who am I?

I am a philosopher who is especially interested in relating philosophy to everyday life. So I like to ask–and try to answer– questions such as: Why is frugality considered a moral virtue? Are there times when rudeness is justified? What makes some kinds of work shameful? I earned my Ph.D. in philosophy from the University of Texas at Austin and am currently a Professor of Philosophy at Alfred University in Alfred, New York.

Emrys' book list on simple living and the good life

Why did Emrys love this book?

Philosophies of simple living are often addressed primarily to the individuals who is seeking happiness. This is largely true, for instance, of both Epicureanism and Stoicism. How Much Is Enough? shows how the questions raised by such philosophies also bear on the economic policies and political culture of rich, modernized societies. The basic argument of the book is that it is foolish for these societies to strive for endless economic growth. They are already wealthy enough to provide the basic conditions of the good life for all their citizens, including a radical reduction in the hours that people need to work. But this isn't happening because capitalism continually inflames people's misguided desire for more stuff and higher status. So the machine just keeps on pointlessly creating desires while plutocrats keep creaming off the wealth of society which could otherwise be distributed more equitably and more rationally. The book offers a…

By Robert Skidelsky, Edward Skidelsky,

Why should I read it?

1 author picked How Much Is Enough? as one of their favorite books, and they share why you should read it.

What is this book about?

A provocative and timely call for a moral approach to economics, drawing on philosophers, political theorists, writers, and economists from Aristotle to Marx to Keynes

   What constitutes the good life? What is the true value of money? Why
do we work such long hours merely to acquire greater wealth? These
are some of the questions that many asked themselves when the
financial system crashed in 2008. This book tackles such questions
head-on.  
   The authors begin with the great economist John Maynard Keynes.
In 1930 Keynes predicted that, within a century, per capita income
would steadily rise, people’s basic needs would…


Book cover of The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order

Alan Bollard Author Of Economists at War: How a Handful of Economists Helped Win and Lose the World Wars

From the list on how economists agree and disagree amongst each other.

Who am I?

I am an economics professor at Victoria University of Wellington. As a previous Secretary of the New Zealand Treasury and Governor of the Reserve Bank of New Zealand, I have had quite a bit of experience watching economists’ ideas succeed and fail in the real world. I have written a number of books about policy economists and their lives in peace and wartime. (And a couple of novels too!)

Alan's book list on how economists agree and disagree amongst each other

Why did Alan love this book?

This is the story of the momentous wartime meetings in New Hampshire that mapped out the new institutions that were to guide the global economy through the Cold War and after: the International Monetary Fund and the World Bank. It is an absorbing intellectual battle between arrogant British aristocratic John Maynard Keynes and the scrappy US Treasury official Harry Dexter White. (Spoiler alert: White won, but spoiled his reputation by likely being a Soviet spy.)

By Benn Steil,

Why should I read it?

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

What is this book about?

When turmoil strikes world monetary and financial markets, leaders invariably call for 'a new Bretton Woods' to prevent catastrophic economic disorder and defuse political conflict. The name of the remote New Hampshire town where representatives of forty-four nations gathered in July 1944, in the midst of the century's second great war, has become shorthand for enlightened globalization. The actual story surrounding the historic Bretton Woods accords, however, is full of startling drama, intrigue, and rivalry, which are vividly brought to life in Benn Steil's epic account. Upending the conventional wisdom that Bretton Woods was the product of an amiable Anglo-American…


John Maynard Keynes

By Robert Skidelsky,

Book cover of John Maynard Keynes: 1883-1946: Economist, Philosopher, Statesman

Erwin Dekker Author Of The Viennese Students of Civilization: The Meaning and Context of Austrian Economics Reconsidered

From the list on cultural knowledge to understand the economy.

Who am I?

I am a historian and economist who is fascinated by the intersection of the economy and culture. This started for me with the idea that economic ideas were shaped by the cultural context in which they emerged, which resulted in my book on the Viennese Students. Over time it has expanded to an interest for the markets for the arts from music to the visual arts, as well as the way in which culture and morality influence economic dynamism. Economics and the humanities are frequently believed to be at odds with each other, but I hope to inspire a meaningful conversation between them.

Erwin's book list on cultural knowledge to understand the economy

Why did Erwin love this book?

Biographies of economists can be dull and technical, but not if their subject is John Maynard Keynes. The flamboyant British economist was a member of the Bloomsbury Group of Virginia Woolf and E.M. Forster, married the famous Russian ballerina Lydia Lopokova, and had a group of followers known as the Cambridge circus. The great skill of Skidelsky is his ability to integrate the many facets of Keynes life, from the exciting intellectual milieu of Cambridge and the cultural milieu in London to the economic problems of war, peace, and the Great Depression. This book demonstrates in vivid terms that economics is done by economists with an underlying vision. In Schumpeter’s words that of Keynes was that of: “the arteriosclerotic economy whose opportunities for rejuvenating venture were in permanent decline.”

By Robert Skidelsky,

Why should I read it?

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

What is this book about?

THE DEFINITIVE SINGLE-VOLUME BIOGRAPHY

Robert Skidelsky's three-volume biography of John Maynard Keynes has been acclaimed as the authoritative account of the great economist-statesman's life. Here, Skidelsky has revised and abridged his magnum opus into one definitive book, which examines in its entirety the intellectual and ideological journey that led an extraordinarily gifted young man to concern himself with the practical problems of an age overshadowed by war. John Maynard Keynes offers a sympathetic account of the life of a passionate visionary and an invaluable insight into the economic philosophy that still remains at the centre of political and economic thought.…


5 book lists we think you will like!

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