100 books like Discover Your Inner Economist

By Tyler Cowen,

Here are 100 books that Discover Your Inner Economist fans have personally recommended if you like Discover Your Inner Economist. Shepherd is a community of 11,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Economics in One Lesson

Why am I passionate about this?

I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that. 

Brian's book list on Economics books that will not bore you like the students in Ferris Bueller’s Day Off

Brian Baugus Why did Brian love this book?

I think economics has a bad reputation, and it is mostly due to economists' either deliberately or inadvertently communicating poorly in class, on TV and radio, in podcasts, and in writing.

This book is none of that. It was written by a well-respected old-school journalist who could really write. I like its approach of short, punchy chapters. Hemmingway-like in its writing and style, it truly delivers what the title promises. I have a poster of this author on my office wall. 

By Henry Hazlitt,

Why should I read it?

4 authors picked Economics in One Lesson as one of their favorite books, and they share why you should read it.

What is this book about?

With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day.

Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication.  Hazlitt wrote…


Book cover of The Armchair Economist: Economics and Everyday Life

Why am I passionate about this?

I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that. 

Brian's book list on Economics books that will not bore you like the students in Ferris Bueller’s Day Off

Brian Baugus Why did Brian love this book?

I believe Landsburg, whom I have met, may be one of the most creative and interesting thinkers in America today.

I love this book because it is his personality on every page: quirky, creative, and entertaining. It asks and answers questions others have never even considered or incorrectly assumed are so obvious as to not be worth the time to explore. I use questions from this book, which is 30+ years old, to stump and pique the curiosity of my students every semester.

By Steven E Landsburg,

Why should I read it?

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

What is this book about?

The extensively revised and updated edition of Steven Landsburg’s hugely popular book, The Armchair Economist—“a delightful compendium of quotidian examples illustrating important economic and financial theories” (The Journal of Finance).

In this revised and updated edition of Steven Landsburg’s hugely popular book, he applies economic theory to today’s most pressing concerns, answering a diverse range of daring questions, such as:

Why are seat belts deadly?
Why do celebrity endorsements sell products?
Why are failed executives paid so much?
Who should bear the cost of oil spills?
Do government deficits matter?
How is workplace safety bad for workers?
What’s wrong with…


Book cover of The Invisible Heart: An Economic Romance

Why am I passionate about this?

I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that. 

Brian's book list on Economics books that will not bore you like the students in Ferris Bueller’s Day Off

Brian Baugus Why did Brian love this book?

I do not read romance novels; they're not my thing, except this one. I found this book to be charming and an easy read. It delivers good ideas in a format that is so missing these days: earnest conversation between people who respect each other despite differences, a respect that grows into a romance.

I thought this was a fun read, I found myself rooting for the characters, hoping things worked out and the economics is delivered in easy chunks and not preachy or overbearing and a natural part of the story.

By Russell Roberts,

Why should I read it?

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

What is this book about?

A lively, unorthodox look at economics, business, and public policy told in the form of a novel.

A love story that embraces the business and economic issues of the day?

The Invisible Heart takes a provocative look at business, economics, and regulation through the eyes of Sam Gordon and Laura Silver, teachers at the exclusive Edwards School in Washington, D.C. Sam lives and breathes capitalism. He thinks that most government regulation is unnecessary or even harmful. He believes that success in business is a virtue. He believes that our humanity flourishes under economic freedom. Laura prefers Wordsworth to the Wall…


Book cover of Murder at the Margin: A Henry Spearman Mystery

Why am I passionate about this?

I am an economics professor who believes my profession has important things to contribute to society but has done a poor job. My colleagues spend much of their time writing esoteric articles that 6 other academics will read, and one in a million will actually improve the lives of people. I consider myself a “blue-collar academic”; I am basically a farm kid (still live on a small farm) with a bunch of degrees attempting to bring good economic insights to more people so those ideas can be applied and used by real people living real lives so I am always on the search for others who are doing just that. 

Brian's book list on Economics books that will not bore you like the students in Ferris Bueller’s Day Off

Brian Baugus Why did Brian love this book?

I like mysteries, and I have read all of the greats. This is not Sherlock Holmes quality, but it is good and another fun read. It presents ideas and their practical application in a fun and familiar format.

I love this book for the story. The hero is an economics professor, and it has a sense of humor. Co-written by two award-winning economists who invented a nom-de-plume and gave it a very funny backstory about being a cocoa bean investor, that sort of fun comes through in the book as well. Plus, it is set where so many great adventures are: in the Caribbean. Murder, the tropics, and economics—what’s not to love?

By Marshall Jevons,

Why should I read it?

1 author picked Murder at the Margin as one of their favorite books, and they share why you should read it.

What is this book about?

Cinnamon Bay Plantation was the ideal Caribbean island getaway--or so it seemed. But for distinguished Harvard economist Henry Spearman it offered diversion of a decidedly different sort and one he'd hardly anticipated: murder. While the island police force is mired in an investigation that leads everywhere and nowhere, the diminutive, balding Spearman, who likes nothing better than to train his curiosity on human behavior, conducts an investigation of his own, one governed by rather different laws--those of economics. Theorizing and hypothesizing, Spearman sets himself on the killer's trail as it twists from the postcard-perfect beaches and manicured lawns of a…


Book cover of The Role of Measurement in Economics

Alex M. Thomas Author Of Macroeconomics: An Introduction

From my list on becoming a critical economist.

Why am I passionate about this?

I am passionate about the dissemination of economic ideas both inside and outside university spaces. In addition to classroom lectures at my university, I give a lot of public lectures on economics. Through these talks, I introduce the audience to the tradition of doing economics using a critical perspective. I have an MA and MPhil in Economics from the University of Hyderabad and a PhD in Economics from the University of Sydney.

Alex's book list on becoming a critical economist

Alex M. Thomas Why did Alex love this book?

Today, economics is synonymous with measurement.

This book on measurement in economics was published in 1951. Stone discusses the link between theory and empirics in this book.

I like this slim book of Stone’s because it shows the strengths and weakness of empirical exercises in economics. It also raises foundational questions regarding empirical constructs.

Books like this allow us to ask foundational questions regarding the links between theory and empirics in economics as well as theory and applications in statistics.

By Richard Stone,

Why should I read it?

1 author picked The Role of Measurement in Economics as one of their favorite books, and they share why you should read it.

What is this book about?

First published in 1951, and originally delivered as the Newmarch Lectures for 1948-9, this book examines the role of measurement in obtaining and applying economic knowledge. Esteemed economist Richard Stone, who went on to win the Nobel Prize in Economics, divides his topic into four sections: questions of fact and empirical constructs; the truth or falsity of a hypothesis; the estimation of parameters; and questions of prediction. This book will be of value to anyone with an interest in economics and the development of the discipline.


Book cover of Better Living Through Economics

Paul Grimes Author Of Economics of Social Issues

From my list on how economics shapes our world and your life.

Why am I passionate about this?

My passion for economics began during my first semester of college when I enrolled in a principles of macroeconomics course only because the professor was my father’s friend. The power of economic reasoning to explain the world around me has held my fascination every since. After graduate school, my interests turned to encourage others to use the economic way of thinking to better their lives. My life as an economic educator spans more than 40 years, having taught thousands of college students across several universities, from first-semester freshmen to matriculating doctoral candidates. My work has taken me around the world and back to my undergraduate alma mater in Pittsburg, Kansas.

Paul's book list on how economics shapes our world and your life

Paul Grimes Why did Paul love this book?

Even a professional economist is likely to find something surprising in this book. 

Editor John Siegfried has collected a dozen essays written by notable and award-winning economists explaining how economic research has improved our lives over the past two generations. Several of these essays do not focus on obvious examples but rather on those that are a step or two removed from what many laypersons would consider the domain of economics.

For example, Alvin Roth’s chapter on “deferred-acceptance theory” describes how economics improved the efficiency of educating doctors by better matching prospective medical residents with training hospitals. 

Other chapters explore how economic research helped eliminate the military draft and replace it with an all-volunteer armed service, how economists shaped the welfare-to-work reforms of the 1990s, and the impact of economic research on the allocation of the radio spectrum which was necessary to establish our modern cell phone networks.

By John J. Siegfried (editor),

Why should I read it?

1 author picked Better Living Through Economics as one of their favorite books, and they share why you should read it.

What is this book about?

"Better Living Through Economics" consists of twelve case studies that demonstrate how economic research has improved economic and social conditions over the past half century by influencing public policy decisions. Economists were obviously instrumental in revising the consumer price index and in devising auctions for allocating spectrum rights to cell phone providers in the 1990s. But perhaps more surprisingly, economists built the foundation for eliminating the military draft in favor of an all-volunteer army in 1973, for passing the Earned Income Tax Credit in 1975, for deregulating airlines in 1978, for adopting the welfare-to-work reforms during the Clinton administration, and…


Book cover of Economics for Life: 101 Lessons You Can Use Every Day!

Paul Grimes Author Of Economics of Social Issues

From my list on how economics shapes our world and your life.

Why am I passionate about this?

My passion for economics began during my first semester of college when I enrolled in a principles of macroeconomics course only because the professor was my father’s friend. The power of economic reasoning to explain the world around me has held my fascination every since. After graduate school, my interests turned to encourage others to use the economic way of thinking to better their lives. My life as an economic educator spans more than 40 years, having taught thousands of college students across several universities, from first-semester freshmen to matriculating doctoral candidates. My work has taken me around the world and back to my undergraduate alma mater in Pittsburg, Kansas.

Paul's book list on how economics shapes our world and your life

Paul Grimes Why did Paul love this book?

This thin volume is subtitled 101 Lessons You Can Use Everyday and is jam-packed with simple-to-understand explanations about how economics can help you make better personal choices while also providing an understanding of the way the world works – or doesn’t work. 

Madariaga takes on important economics decisions like choosing a college or a career or getting married. He also tackles pervasive myths such as “economics is all about money” and “monopolies can charge any price they want and are always bad.” 

The most fun in this book are the thirty entries on economic riddles and mysteries, where Madariaga addresses topics ranging from why students get discount movie tickets to the intriguing question of why he voluntarily cut his salary in half to change careers. 

By Bruce Madariaga,

Why should I read it?

1 author picked Economics for Life as one of their favorite books, and they share why you should read it.

What is this book about?

ECONOMICS FOR LIFE 3e is a book about real-world applications for economics. In addition to applications, the text contains critiques of common economic fallacies, paradoxical economic results, and solutions to economic mysteries that are sure to interest students. Tied through its Appendices to all South-Western principles texts, Economics for Life helps students use economic concepts to better understand the world around them. The book serves as a valuable resource for delivering a more applications-based Principles (or Economics 101) course and can be bundled at no additional charge.


Book cover of The Economic Way of Thinking

Susanne Trimbath Author Of Lessons Not Learned: 10 Steps to Stable Financial Markets

From my list on stock market plumbing.

Why am I passionate about this?

My entire career has been spent in finance. From life insurance to central banks, from stock exchanges to post-trade clearing and settlement, this is all I’ve ever done. My college degrees include BSBA in Business/Marketing, MBA in Management, and PhD in Economics. In addition to knowing what a lot of people know about finance, I also worked inside the “black box” of the Federal Reserve System and depository trust and clearing corporations (in 4 cities, on 2 continents). Therefore, I know more about the plumbing of stock market infrastructure than most people who have careers (and education) as long as mine.

Susanne's book list on stock market plumbing

Susanne Trimbath Why did Susanne love this book?

This was required reading in my MBA program at Golden Gate University. In fact, the economics teacher, Joe Fuhrig, inspired me to go on for my PhD in Economics at New York University. The book explains how economics isn’t just about mathematical models: it is about how people think and behave. Once you learn to think like an economist, you will find investing (and even grocery shopping!) a completely different experience.

By Paul Heyne, Peter Boettke, David Prychitko

Why should I read it?

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

What is this book about?

Intended primarily for one semester survey courses in general economics, this text also provides practical content to current and aspiring industry professionals.

Learn how to think like an economist.

The Economic Way of Thinking goes beyond explaining the basic principles of micro- and macroeconomic analysis by showing readers a method of reasoning that teaches them how to apply these principles as tools. The authors expose readers to a method of reasoning that makes them think like an economist through example and application and also shows them how not to think, by exposing errors in popular economic reasoning.

The latest edition…


Book cover of Constructing Economic Science: The Invention of a Discipline 1850-1950

Emily Erikson Author Of Trade and Nation: How Companies and Politics Reshaped Economic Thought

From my list on economic theory by non-economists.

Why am I passionate about this?

I’m fascinated by systems of thought and very interested in understanding how we can improve our ability to create a better society for all. I think the past makes a good laboratory for investigating these kinds of questions. I got interested in early modern economic theory while researching the English East India Company for my dissertation in the sociology department of Columbia University, which was a great place for historical and computational sociology. I now teach economic sociology and theory as a professor at Yale University, another institution with amazing strengths in history, data science, and computational methods.

Emily's book list on economic theory by non-economists

Emily Erikson Why did Emily love this book?

Tribe is a master of his subject, and this book has the feel of a magnum opus. It is densely packed and full of interesting tidbits, and you will be amazed at just how recent economics really is. The added bonus is all the insight into the development of the modern research university. I am in the middle of this book as it just came out, but the scale of the contribution (large) is already clear.

By Keith Tribe,

Why should I read it?

1 author picked Constructing Economic Science as one of their favorite books, and they share why you should read it.

What is this book about?

An accessible account of the role of the modern university in the creation of economics

During the late nineteenth century concerns about international commercial rivalry were often expressed in terms of national provision for training and education, and the role of universities in such provision. It was in this context that the modern university discipline of economics emerged. The first undergraduate economics program was inaugurated in Cambridge in 1903; but this was merely a starting point.

Constructing Economic Science charts the path through commercial education to the discipline of economics and the creation of an economics curriculum that could then…


Book cover of Parks and Recreation and Economics

Ana Espinola-Arredondo Author Of Intermediate Microeconomic Theory: Tools and Step-by-Step Examples

From my list on getting into microeconomics.

Why am I passionate about this?

When understanding the interactions in our economy, it is critical to recognize all participants in this complex system. I’m passionate about microeconomics because it provides me with a different perspective to examine the world around me. I use my microeconomic glasses and I enjoy rationalizing the daily interactions and predicting the potential outcomes.

Ana's book list on getting into microeconomics

Ana Espinola-Arredondo Why did Ana love this book?

This is a funny exploration of the popular TV series, showing how each episode is packed with microeconomics topics, including comparative advantage, demand and supply, costs, market imperfections, and government interventions.

It even includes several references to macroeconomics, including growth, labor markets, and inequality.

Readers can also consider other titles in this series, based on their taste of popular culture, including Superheroes and Economics, Seinfeld and Economics, and The Beatles and Economics, among others.

By Jadrian Wooten,

Why should I read it?

1 author picked Parks and Recreation and Economics as one of their favorite books, and they share why you should read it.

What is this book about?

This book provides an in-depth look at the primary foundations of economics explored through the lens of the Pawnee Department of Parks and Recreation. Each episode of the hit television series, Parks and Recreation, includes material to help an eager learner understand the basics of one of the most fascinating fields of study.

Whether you've wondered how economists determine specialization or why fast-food restaurants continue to pop up around your neighborhood, the same situations have occurred in Pawnee. Each chapter highlights key scenes or major episodes that demonstrate how the characters experience economics in exactly the same way the rest…


5 book lists we think you will like!

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