100 books like Economics for Life

By Bruce Madariaga,

Here are 100 books that Economics for Life fans have personally recommended if you like Economics for Life. Shepherd is a community of 10,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

Martin Sternstein Author Of Barron's AP Statistics

From my list on statistical insights into social issues.

Why am I passionate about this?

I taught for 45 years at Ithaca College broken by two years as Fulbright Professor in West Africa at the University of Liberia. During my years in academia, I developed several new courses including a popular “Math in Africa” class and the first U.S. course for college credit in chess theory. I’ve always had a passion for and continue to have strong interests in (1) national educational and social issues concerning equal access to math education for all and (2) teaching others about the power of mathematics and statistics to help one more deeply understand social issues.

Martin's book list on statistical insights into social issues

Martin Sternstein Why did Martin love this book?

Steven Levitt, Professor of Economics at the University of Chicago, has written a thoughtful book at the layperson level to help one understand how mathematical and economic tools provide insights into sensitive social issues from racism to abortion.

He delves into predicting the long-term consequences of short-term decisions. This book is not intended for the college classroom, and it is controversial, but I found it to be a fascinating read.

By Steven D. Levitt, Stephen J. Dubner,

Why should I read it?

6 authors picked Freakonomics as one of their favorite books, and they share why you should read it.

What is this book about?

The legendary bestseller that made millions look at the world in a radically different way returns in a new edition, now including an exclusive discussion between the authors and bestselling professor of psychology Angela Duckworth.

Which is more dangerous, a gun or a swimming pool? Which should be feared more: snakes or french fries? Why do sumo wrestlers cheat? In this groundbreaking book, leading economist Steven Levitt—Professor of Economics at the University of Chicago and winner of the American Economic Association’s John Bates Clark medal for the economist under 40 who has made the greatest contribution to the discipline—reveals that…


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 Economic Analysis of Social Issues

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 book is for the modern economics student comfortable with seeing problems as a game to be solved. 

While still exploring many of the topics in my book, Grant uses game theory to illuminate the economics of social issues and how we should approach them. Game theory brings incentives and strategies to the forefront of analyzing possible solutions to the economic problems we face. This focus also forces us to be more thoughtful about why human beings behave the way they do.

Economic Analysis of Social Issues is not a gamification of economics, but how economic behavior can be seen through the lens of strategic games. 

By Alan Grant,

Why should I read it?

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

What is this book about?

NOTE: You are purchasing a standalone product; MyEconLab does not come packaged with this content. If you would like to purchase both the physical text and MyEconLab search for 0134098374 / 9780134098371 Economic Analysis of Social Issues Plus MyEconLab with Pearson eText (1-Semester Access) -- Access Card Package, 1/e



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0133023036 / 9780133023039 Economic Analysis of Social Issues, 1e
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Introductory one-semester course for freshman or sophomore non-majors without a background in economics.



Real-world data analysis, games,…


Book cover of Introduction to Economics: Social Issues and Economic Thinking

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 book provides a thorough treatment of all the basic economic tools that everyone needs to survive and thrive in today’s world. 

Stock is a natural teacher who uses her gift for taking the complex and making it simple. The topics are wide-ranging and the analysis is clear and convincing. Even those who think they are not interested in economics will find something to take with them after pursuing this well-written volume.

By Wendy A. Stock,

Why should I read it?

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

What is this book about?

This book presents a realistic picture of current economic thought through an understanding of theory and the application of issues. It discusses concepts in economics and how they relate to real issues in life. It delves into economics by looking at Crime, Labor Markets, Drug Use, Population etc, using the "tools" of economics.


Book cover of A Hacker's Mind: How the Powerful Bend Society's Rules, and How to Bend them Back

Nicholas Agar Author Of Dialogues on Human Enhancement

From my list on how technology could change humanity.

Why am I passionate about this?

I’m a New Zealand philosopher who’s written a lot about the human enhancement debate. Philosophers are well known for their willingness to defend unpopular conclusions against all critics. Sometimes they engage in what I call “philosophical shit-stirring". You may think that’s a profanity but it’s actually a technical term. I’ve advocated some deliberately unpopular shit-stirring conclusions in the past. One of these is liberal eugenics - the idea that you can turn an evil like eugenics into something good by prefacing it with the feel-good term “liberal”. These dialogues are the beginning of a philosophical stock-take on what we should or might become.

Nicholas' book list on how technology could change humanity

Nicholas Agar Why did Nicholas love this book?

Schneier’s book taught me that hacking isn’t just something that occasionally happens to your laptop. The powerful hack the laws that govern our society too.

I wondered how the hacking mindset could apply to enhancement techs. Which enhancement techs will the elite reserve for themselves and which might they impose on the gig workers of the future? Suppose Neuralink does manage to get its tech into our heads. Imagine Musk finds himself just short of the funds needed to found his planned Martian city. Might beneficiaries of his brain-computer interfaces find themselves abruptly subject to overpowering urges to immediately own ten Teslas? This sounds absurd.

Perhaps the right question to ask is how crazy it is relative to cities of a million on Mars by 2050. Is it beyond the reach of Musk’s rule-breaking, can-do imagination?

By Bruce Schneier,

Why should I read it?

1 author picked A Hacker's Mind as one of their favorite books, and they share why you should read it.

What is this book about?

A hack is any means of subverting a system's rules in unintended ways. The tax code isn't computer code, but a series of complex formulas. It has vulnerabilities; we call them "loopholes." We call exploits "tax avoidance strategies." And there is an entire industry of "black hat" hackers intent on finding exploitable loopholes in the tax code. We call them accountants and tax attorneys.

In A Hacker's Mind, Bruce Schneier takes hacking out of the world of computing and uses it to analyse the systems that underpin our society: from tax laws to financial markets to politics. He reveals an…


Book cover of The Politically Incorrect Guide to Economics

Mark Gober Author Of An End to Upside Down Liberty: Turning Traditional Political Thinking on Its Head to Break Free from Enslavement

From my list on libertarian politics and economics.

Why am I passionate about this?

I previously had no interest in politics, but in 2020 the world became so politically charged that I wanted to better understand the landscape. That led me down a rabbit hole of questioning the basic assumptions about what government is and why we have it. Fortunately, there are many brilliant thinkers whose work I was able to study. I ultimately integrated this thinking into my own worldview. This list of books provides a starting point for thinking about our world—and the nature of reality—in an entirely new way. They certainly helped to alter my views, and they all contain excellent references if you’d like to explore them even further. 

Mark's book list on libertarian politics and economics

Mark Gober Why did Mark love this book?

DiLorenzo analyzes fundamental economic topics in a clear and understandable way.

This book helped me develop better counterarguments to many of the mainstream views on how the economy “should” work. For instance, he explains that although the government is supposed to try to help the economy, its policies are often driven by special interests that steer the economy in their own desired direction.

And he explains that although government central planning is supposed to help the environment, it often results in great environmental damage (such as the severe environmental harm done under the former Soviet Union).

DiLorenzo gives example after example of the ways in which governments damage the very economies that they are allegedly tasked with managing for the “greater good.” 

By Thomas J. DiLorenzo,

Why should I read it?

1 author picked The Politically Incorrect Guide to Economics as one of their favorite books, and they share why you should read it.

What is this book about?

Another entry in the best-selling, irreverent, hard-hitting Politically Incorrect Guide series! Economics from a rational, conservative viewpoint—that is, a refreshing look at how money actually works from an author who knows the score, and how the law of economics are frequently broken and derailed by pernicious leftists and virtue signaling progressives.

Markets Rule. Socialism Sucks.

Time to wise up. Think economics is the Dismal Science? No more! Here is the lowdown on the biases, superstitions, and outright falsehoods that permeate and corrupt economics and economic policy. Here's the skinny on the poisonous effects of socialism and crony capitalism. Even better,…


Book cover of History of Economic Analysis

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

From my list on the evolution of economics.

Why am I passionate about this?

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

Panayotis G. Michaelides Why did Panayotis love this book?

Since my PhD was based on Schumpeter's work, I can confidently state that it is well worth exploring the fascinating world of Economics through one of history's greatest economists.

This masterpiece takes the reader on a journey through every corner of the subject, paying particular attention to even the smallest details. A unique and thought-provoking view of Economics is offered by Schumpeter in his over 1000 pages of brilliant insights.

This book distinguishes itself from others through its deep and unconventional interpretation of Economics. It is a must-read for anyone seeking a thorough understanding of Economics as Schumpeter provides fresh insights on various topics.

However, it would be much better if it covered more recent developments. Enjoy this tour of Economics with Schumpeter and you will never get bored!

By Joseph A Schumpeter, Elizabeth Boody Schumpeter (editor),

Why should I read it?

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

What is this book about?

At the time of his death in 1950, Joseph Schumpeter--one of the great economists of the first half of the 20th century--was working on his monumental History of Economic Analysis. A complete history of efforts to understand the subject of economics from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. Although never fully completed, it has gained recognition as a modern classic due to its broad scope and original examination of significant historical events. Complete with a new introduction by Mark Perlman, who outlines the structure of…


Book cover of An Outline of the History of Economic Thought

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

From my list on the evolution of economics.

Why am I passionate about this?

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

Panayotis G. Michaelides Why did Panayotis love this book?

I enjoyed reading this book as it provided a deep, and engaging overview of economic theory.

The authors manage to strike a balance between providing a high-level theoretical discussion and making the content accessible to a wider audience. One thing that stood out to me was the authors' emphasis on the diversity of the various schools of economic thought.

In their work, they avoid the common pitfall of suggesting that the history of Economics has “ended”, and instead observe the evolution of economic theory over time. Also, I appreciate the fact that they do not believe that theories in fashion today necessarily provide an adequate explanation for the functioning of the economy.

Overall, I recommend this book to anyone interested in gaining insight into Economics’ controversial development.

By Ernesto Screpanti, Stefano Zamagni,

Why should I read it?

1 author picked An Outline of the History of Economic Thought as one of their favorite books, and they share why you should read it.

What is this book about?

This book provides a comprehensive and analytical overview of the development of economic theory from its beginnings, at the end of the Middle Ages, up to contemporary contributions. Traditional theories are presented as living matter, and modern theories are presented as part of a historical process and not as established truths. In this way, the book avoids the dangerous dichotomy between pure historians of thought who dedicate themselves exclusively to studying
facts, and pure theorists who are interested in the evolution of the logical structure of theories.

The second edition contains several changes and additions. The authors give due consideration…


Book cover of Who Shall Live? Health, Economics And Social Choice

Joseph P. Newhouse Author Of Pricing the Priceless: A Health Care Conundrum

From my list on the economics and history of American health insurance.

Why am I passionate about this?

My mother wanted me to be a physician, but as a child I was very squeamish about human biology and knew that wasn't for me. In college I was exposed to economics and found it, and the policy debates about national health insurance, fascinating. So, maybe with my mother’s wishes in the back of my mind, I became a health economist. I was privileged to direct a large randomized trial called the RAND Health Insurance Experiment, which varied the cost of medical care to families. This project lasted more than a decade and got me so deep into the economics of health and medical care that I became a professor of health policy and management.


Joseph's book list on the economics and history of American health insurance

Joseph P. Newhouse Why did Joseph love this book?

Eminently readable, this is a classic book by the doyen of American health economics that explains in non-technical terms the economics of health and medical care. It has been updated with several essays that Fuchs has published in the almost five decades since the book was first published.  

By Victor R Fuchs,

Why should I read it?

1 author picked Who Shall Live? Health, Economics And Social Choice as one of their favorite books, and they share why you should read it.

What is this book about?

Since the first edition of Who Shall Live? (1974), over 100,000 students, teachers, physicians, and general readers from more than a dozen fields have found this book to be a reader-friendly, authoritative introduction to economic concepts applied to health and medical care.Health care is by far the largest industry in the United States. It is three times larger than education and five times as large as national defense. In 2001, Americans spent over $12,500 per person for hospitals, physicians, drugs and other health care services and goods. Other high-income democracies spend one third less, enjoy three more years of life…


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…


5 book lists we think you will like!

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