100 books like Capital in the Twenty-First Century

Since completing my PhD in political economy (dissertation: ‘International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ‘Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

I’m an unusual law professor. I’ve taught constitutional law and economic analysis of law in a career spanning over three decades at two very different law schools. Most scholars view these fields as disconnected. My work, including several books and dozens of articles, demonstrates otherwise. This combined expertise helped me understand why our longstanding constitutional democracy is facing an existential crisis, why popular reform proposals won’t work, and what we must do to succeed. I wrote Parliamentary America for citizens seeking genuine solutions. My five-book list includes brilliant works cutting across myriad divides and embracing wide-ranging methodologies to ensure all citizens appreciate the importance of producing a truly thriving democracy.

I’ve worked for two decades as a researcher and campaigner to expose the tax behaviour of unscrupulous multinational companies and wealthy individuals, and the central lesson is that we only make progress when the narrative shifts: when the public and policymakers start to appreciate just how much damage is done to our societies by the professional enablers of tax abuse. These books are real narrative-shifters, showing the world to us in ways we need to see, and making it a pleasure. 

I've been working in the field of AI for 40 years, first in graduate school and then as a professor. For the most part, I have had my head in the sand, focusing on the minutiae that occasionally lead to publications, the coins of the academic realm. When deep learning started exhibiting human-level pattern recognition abilities, the number of AI books for the general public began to swell.  Unfortunately, the science-fiction scenarios were a bit much. Since understanding, recognizing, and admitting problems are vital steps toward a solution, I find these books to be the most important warnings of the impending tech-dominated future.

I am the Director of the High Pay Centre, a London-based think tank researching the causes and consequences of economic inequality. In most major economies, the richest 1% of the population now take up to a fifth of all income and something like a quarter to a third of all wealth. These rich jerks aren’t necessarily bad people, at least not in all cases, and we don’t literally need to eat them all. However, such extreme concentration of income and wealth is undeserved and unnecessary, and it should definitely be an overriding priority to share it in a fairer and more even way.

By ten years old, I had lived in four countries and endured the repercussions of revolution, exile, military coup d’état, and emigration. That explains my life-long passion for history. I pursued a Ph.D. in Latin American history to make sense of the forces that shaped my and my family’s lives. My seven previous books explored diverse topics in Caribbean history within its broader Atlantic context. Momentous domestic and global events, starting with the COVID-19 pandemic and an explosion of racial and political violence in the U.S. pushed me to broaden my scholarly attention and become a Creators Syndicate’s weekly columnist, and publish a collection of columns with the title When the World Turned Upside Down. 

By ten years old, I had lived in four countries and endured the repercussions of revolution, exile, military coup d’état, and emigration. That explains my life-long passion for history. I pursued a Ph.D. in Latin American history to make sense of the forces that shaped my and my family’s lives. My seven previous books explored diverse topics in Caribbean history within its broader Atlantic context. Momentous domestic and global events, starting with the COVID-19 pandemic and an explosion of racial and political violence in the U.S. pushed me to broaden my scholarly attention and become a Creators Syndicate’s weekly columnist, and publish a collection of columns with the title When the World Turned Upside Down. 

Since completing my PhD in political economy (dissertation: ‘International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ‘Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

Since completing my PhD in political economy (dissertation: ‘International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ‘Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

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.