100 books like End the Fed

I read this book in college, and it helped define my political beliefs.

Although Goldwater refers to himself as a Conservative, the ideas expressed in this book would be considered Libertarian by today's standards. This book defines the basic principles of limited government and what a government should and should not provide to its constituents. 

An apropos warning about the inevitable collapse of all empires that live beyond their means.

Wrought with historical references to past collapsed empires including the Roman and British, understand how the US is going down the same destructive path as the previous empires.

This book also explains how the high standard of living in the US and other Western economies is sponsored by the poorer, harder-working Asian countries that make something of value.

Issuing massive amounts of debt and printing money to pay for it isn’t a sustainable way to run an economy.

Written over a century ago, this is a book for the ages.

I read this book early in my career, and it provided a basis for understanding money that helped form my current economic theories. Mises reveals how money originated in the market and how its value is based on its efficacy as a commodity in exchange.

Mises concisely lays out the case for sound money with no inflation and introduces the beginnings of a full-scale business cycle theory. 

Laffer, Moore, and Tanous cut through the noise of party politics and examine the economic policies of past administrations.

They argue that Nixon (R) was the worst president by promulgating a weak dollar and instituting price controls. Kennedy (D) was one of the best presidents highlighting his optimism and achieving economic growth by cutting taxes.

And, of course, Ronald Reagen, whose low tax, low regulation, and pro-growth policies lifted this country from its deep morass, saved it from stagflation, and led to the eventual downfall of the USSR.

They also suggest where we go from here, arguing that low taxes and a stable dollar lead to economic prosperity.

Mary Furner’s book presents what is the common view of progressives as liberal reformers, but there is another side to progressive social science that is less liberal. 

The progressive era social science literature is replete with racism and with arguments about racial and other forms of inferiority derived from eugenics.

The vast amount of immigration from Southern and Eastern Europe gave rise to concerns about the undermining of American standards, both biological and economic, including theories of “race suicide.” 

Leonard’s book has generated a great deal of discussion, and while there is no doubt that many progressives displayed eugenic and racist ideas, it needs to be stressed that such views were not limited to progressives, but included many of those with conservative and even free-market views in other areas.     

Financial Times columnist Martin Sandbu laments “the end of belonging”, a decades-long but unwritten social contract in postwar Western-style social market democracies that promised boomers and their parents broadly shared prosperity.

Being a boomer myself, I know all too well what he is talking about. However, he argues that globalization is often used as a scapegoat, and posits that national policies to offset the negative side effects of (global) markets are feasible even in a globalized world.

He proposes a range of policies from wealth taxes to minimum wages, active labor market policies, and macroeconomic stimuli to create a high-pressure economy, but emphasizes that it is crucial to put together a comprehensive package of all suggested policies to make (global) markets work for everyone.

This may seem an unusual choice – and its title is entirely misleading – but what Sanders describes is what the U.S. might look like if it translated Biblical values into policy and law.

Sanders’s real subject is justice – social, economic, racial, and environmental. He describes a compassionate society in which all have access to life, liberty, and the pursuit of happiness, and in which no one is condemned to suffer because of the accidents of birth.

Significantly, Sanders backs up all his suggestions with explanations of how they could be translated into reality. Read this even if you didn’t vote for him!

While researching a documentary, I tripped over an interview with George Reedy, White House press secretary from 1964-65.

Reedy had also worked in Pres. Johnson’s Senate office, and he spoke about how thirteen days after the Sputnik launch, he and an aide to Alabama Senator Lister Hill plotted to use the space program to transform the South. This book fleshes out much of that story. While it primarily delves into the economic development and transformation of the South, it also provides valuable insights into Johnson’s tenure as a senator.

The book highlights how Johnson used his political acumen to advocate for policies that would improve the economic conditions of his region. He understood the importance of federal investment in infrastructure, education, and healthcare to lift the region out of poverty.

You might think this book is a bit left field in the arena of leadership, given its title. I think it cuts to the heart of the big question all leaders, whether of organisations or nations, should be considering, that of economics and economy.

What really resonated with me is the exploration of the subject from holistic and spiritual, or consciousness, perspectives and how this encourages thinking more deeply about the confines and constraints our economic systems place on us, the compromises that ensue in decision-making and, most importantly, the choices we need to consider more carefully from an ethical and human values standpoint.

This is a topic central to human survival and well-being, a must-read for leaders.

This book focuses on the financial structure of the British Empire in Africa.

It traces how fiscal systems evolved in line with the two central aims of colonial rule: maintaining law and order on the cheap and promoting export production.

The book shows how efforts by colonial states to balance their budgets influenced their relationships with local elites as well as the imperial government.

Gardner uses quantitative data on public revenue and expenditure as well as qualitative archival records to follow the development of fiscal policies in British Africa from the beginning of colonial rule through the first years of independence, including the upheavals of the two World Wars, the Great Depression, and the ultimate handover of power.

For an in-depth study of the politics of colonial taxation, this is certainly one of the best books on the market.