Fans pick 100 books like Handbook of Defense Economics

In this book we learn that our actions are shaped by that of others or by our expectation of what others will do.

If, for example, a white neighbor leaves the neighborhood upon seeing a minority family move in, other white neighbors are likely to follow suit if they expect more white neighbors to move out and more minorities to move in. If a critical mass of white neighbors adopts this behavior, the result is a segregated neighborhood.

Applied this idea to the study of mass atrocities, we understand mass participation in mass atrocities as not a result of moral failure, but a social phenomenon driven by imitating nature and belonging need of the humankind. This understanding humanizes the mass perpetrators of an atrocity and opens space for reconciliation.

In his heyday, Kenneth Boulding was among America’s leading intellectuals across the natural and social sciences. A cofounder of the fields of ecological economics and of peace economics, he also wrote poetry.

Well-known books of his include The Image and Conflict and Defense, but I like the little Stable Peace the best. Just 143 pages long, it takes peace seriously, not as a utopian ideal but as a practical policy option. Boulding asks: as a scientific matter, what might it take to reach stable peace?

If nothing else, you will enjoy both the power of his concepts and of his writing. If phrases like “policy is social agriculture” don’t stop and engage you, what will?

Most people in most countries grow up learning to think of security in terms of the use, or threat of use, of military force against actual or potential adversaries. But can security not also be achieved by nonmilitary means?

For one thing, the idea of security is not limited to security from military attack. Threats to physical survival, health, economic wellbeing, environmental resources, and political rights all illustrate a larger version of the security we seek.

A master of well-structured, systemic thinking, in this book Fischer introduces a powerful way to apply a simple concept taken from engineering science to creatively address pressing human problems.

I bought Kalyvas’s book back in 2009 as a doctoral student looking to understand the social science literature on civil war violence and finished reading it only in 2023 as an associate professor interested in studying target choice for a class I was teaching.

Though singularly focused on civil wars, the book goes deep in constructing theoretical arguments to support the premise of the book and travels broad in applying the models across various civil wars. It teaches readers to look beneath the surface to understand what we observe on the outside.

It is a great resource for those looking for good examples of how to develop a theoretical model. Finally, I also highly recommend this book to graduate students looking for research ideas.

This book asks policymakers to look beyond incentives when designing policies.

Whether we are trying do something at a personal level, such as have our children do chores, or achieve something much bigger, such as combat obesity, designing appropriate incentives (carrots or sticks) is generally believed to help us achieve our goals.

Bowles warns us that this view assumes that incentives and morality are independent and that such view is faulty. Numerous experimental evidence attests to his argument. In its stead, he suggests shaping norms as a much more viable option.

When I presented these concepts in my economics elective this semester, one student commented that this was a “paradigm shift” in their understanding of economics; hence, the reason why I recommend 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.

This book is perhaps one of the best-kept secrets in economics, overshadowed by Keynes’ more path-breaking General Theory, but oozing with wisdom on every page. Here Keynes transcends the bounds of economics. In his words: “It is one of the objects of this book to urge that the best way to cure this mortal disease of individualism is to provide there shall never exist any confident expectation either that prices are generally going to fall or that they are going to rise; and also that there shall be no serious risk that a movement, if it does occur, will be a big one.” Of course, inflation is the subject here. Its writing style alone elevates it above the commonplace. In this book, the reader finds the balance of practical judgment found in the best economists. 

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.

I strongly recommend this book because it is clearly written, explains the methods of estimation, and provides an excellent overview of the extensive worldwide research on the returns to education based on earnings.

It certainly influenced me. It had a massive impact on World Bank lending policies in support of economic development in developing countries. It replaced the kinds of Bank physical capital investment policies such as those supporting dam construction, projects that included educating only for a few people on how to operate dams, with education sector-wide loans that support primary and junior secondary education of the labor force.

Some of these dams later washed out, and forests were destroyed in support of development. The book shows how the returns to investment in primary and secondary education are higher in developing countries where the labor force is often nearly illiterate than they are to investing in other higher levels… show more.

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!