Fans pick 100 books like Man, Economy, and State, V1

By Murray N. Rothbard,

Here are 100 books that Man, Economy, and State, V1 fans have personally recommended if you like Man, Economy, and State, V1. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of Thinking, Fast and Slow

Karl Lillrud Author Of AI Your Second Brain: Evolve or Go Extinct

From my list on teach you to embrace the future.

Why am I passionate about this?

I have for 28 years helped organizations around the world scale their business. I'm a dedicated innovator and thought leader in artificial intelligence and digital commerce. My passion for innovation thrives in exploring how AI can transform businesses and improve lives. I've authored 10 books and shared my insights as a professional speaker to educate, inspire, and motivate others. I love delving into the future of AI and innovation, which drives me to constantly learn and share knowledge. This list reflects the books that have significantly influenced my journey. My life is about pushing forward, always looking for alternatives to understand where those paths might lead us.

Karl's book list on teach you to embrace the future

Karl Lillrud Why did Karl love this book?

This book transformed my understanding of human cognition. I love how Daniel Kahneman delves into the dual systems that drive our thoughts—intuitive and deliberate.

This book helped me recognize cognitive biases and informed how I develop AI technologies that align with human behavior. It reinforced the importance of designing AI that complements our natural thinking patterns.

By Daniel Kahneman,

Why should I read it?

47 authors picked Thinking, Fast and Slow as one of their favorite books, and they share why you should read it.

What is this book about?

The phenomenal international bestseller - 2 million copies sold - that will change the way you make decisions

'A lifetime's worth of wisdom' Steven D. Levitt, co-author of Freakonomics
'There have been many good books on human rationality and irrationality, but only one masterpiece. That masterpiece is Thinking, Fast and Slow' Financial Times

Why is there more chance we'll believe something if it's in a bold type face? Why are judges more likely to deny parole before lunch? Why do we assume a good-looking person will be more competent? The answer lies in the two ways we make choices: fast,…


Book cover of Competitive Strategy: Techniques for Analyzing Industries and Competitors

Jeet Mukherjee Author Of Pricing with Confidence: Ten Rules for Increasing Profits and Staying Ahead of Inflation

From my list on make an impact in your organization through pricing.

Why am I passionate about this?

I’ve been working in value-based pricing for over 20 years and I’ve seen firsthand how it can transform a company’s profits when done right and executed properly through sales. While the specific strategies and tactics vary across industries, company size, and product offerings, many of the foundations and logic behind those strategies can be learned, and must be understood in order to grow a company’s revenue and profit growth in today’s markets. I’d love to connect about any of these topics – feel free to reach out on LinkedIn!

Jeet's book list on make an impact in your organization through pricing

Jeet Mukherjee Why did Jeet love this book?

Porter’s five forces have been around a long time–and they’re an important and timeless framework for strategy.

It helps companies focus on where to improve as they look to dominate a market, understanding the ecosystem of competitive threats, entrants, and substitutes.

By understanding what contributes to your pricing power and knowing your stance in different environments, leaders will learn to discern what your pricing power is and how to build and maintain it over time.

By Michael E. Porter,

Why should I read it?

2 authors picked Competitive Strategy as one of their favorite books, and they share why you should read it.

What is this book about?

Now nearing its sixtieth printing in English and translated into nineteen languages, Michael E. Porter's Competitive Strategy has transformed the theory, practice, and teaching of business strategy throughout the world.

Electrifying in its simplicity-like all great breakthroughs-Porter's analysis of industries captures the complexity of industry competition in five underlying forces. Porter introduces one of the most powerful competitive tools yet developed: his three generic strategies-lowest cost, differentiation, and focus-which bring structure to the task of strategic positioning. He shows how competitive advantage can be defined in terms of relative cost and relative prices, thus linking it directly to profitability, and…


Book cover of The Halo Effect... and the Eight Other Business Delusions That Deceive Managers

Nathan Kracklauer Author Of The 12-Week MBA: Learn the Skills You Need to Lead in Business Today

From my list on unconventional takes on leadership and management.

Why am I passionate about this?

As a wannabe rockstar studying philosophy and mathematics, never in my wildest nightmare did I imagine I would one day earn a living traveling the world, helping corporate managers become better bosses. But in unexpected ways, all the different strands of my interests and passions have woven together into a work-life well lived, with over two decades of experience and contemplation distilled down into this book I have co-written with my friend and business partner, Bjorn Billhardt, CEO of Abilitie.

Nathan's book list on unconventional takes on leadership and management

Nathan Kracklauer Why did Nathan love this book?

There are so many golden calves in the world of management and leadership theory, and this book knocks nine of them down politely but mercilessly.

My favorite chapter: “The Delusion of Rigorous Research,” coming from a business school professor who knows first-hand what he’s talking about. I’m encumbered by philosophical training, and in the business world, I constantly find myself asking, “Yes, but what does that word actually mean?” or “What kind of evidence could support that claim, and is that evidence you could actually collect?”

More and more content about how to succeed in business and management gets produced by humans, and increasingly by AI. In that context, I’m grateful for books like this one that focus more on “how” than on “what” to think.

By Phil Rosenzweig,

Why should I read it?

5 authors picked The Halo Effect... and the Eight Other Business Delusions That Deceive Managers as one of their favorite books, and they share why you should read it.

What is this book about?

Why do some companies prosper while others fail? Despite great amounts of research, many of the studies that claim to pin down the secret of success are based in pseudoscience. The Halo Effect is the outcome of that pseudoscience, a myth that Philip Rosenzweig masterfully debunks in THE HALO EFFECT. The Halo Effect describes the tendency of experts to point to the high financial performance of a successful company and then spread its golden glow to all of the company's attributes - clear strategy, strong values, and brilliant leadership. But in fact, as Rosenzweig clearly illustrates, the experts are not…


Book cover of Atlas Shrugged

DL Tolleson Author Of The Gray Stopgap

From my list on movie-ready thrills and good plots.

Why am I passionate about this?

In childhood, I memorized the Encyclopedia’s human anatomy pages, leading the family physician to explain, “Children like this become doctors or writers.” Good call, Doc! I wrote 14 of the 92 entries in my high school’s annual literary magazine (the most by one student). In college I earned a Bachelor’s, two Associates and Intercollegiate Press Association awards for Journalism and photography. I followed that with years of photography, photographic surveillance, 14 years of law firm litigation support, a temporary appointment as an SBA Paralegal Specialist, and 7 years of contract compliance at RadioShack headquarters. And, of course, my debut novel took 20 years of 8 drafts—I’m methodical that way.

DL's book list on movie-ready thrills and good plots

DL Tolleson Why did DL love this book?

Few novels epitomize excellence in as many areas as Ayn Rand’s book. I don't know if it was because it never came up during the years of my formal education, but I put off reading it for years after I became vaguely aware of it. And then I read it twice.

One might think of it in terms of being part one of Orwell’s 1984. The two books are nowhere near similar, but whereas 1984 is a dystopian future without regard for how society would get to such a point, Atlas Shrugged is the embryonic steps that could lead to an Orwellian future.

The most remarkable aspect of it, is its portrayal of an economic downtrend imposed upon free-market capitalism and its resulting impact on the country. The crux of Rand’s novel is that if the giants of industry shrugged—or rather just walked away from the imposition of tyranny—everything…

By Ayn Rand,

Why should I read it?

9 authors picked Atlas Shrugged as one of their favorite books, and they share why you should read it.

What is this book about?

Published in 1957, Atlas Shrugged was Ayn Rand's greatest achievement and last work of fiction. In this novel she dramatizes her unique philosophy through an intellectual mystery story that integrates ethics, metaphysics, epistemology, politics, economics, and sex. Set in a near-future U.S.A. whose economy is collapsing as a result of the mysterious disappearance of leading innovators and industrialists, this novel presents an astounding panorama of human life-from the productive genius who becomes a worthless playboy...to the great steel industrialist who does not know that he is working for his own destruction...to the philosopher who becomes a pirate...to the woman who…


Book cover of Man, Economy, and State: With Power and Market

Brian Balfour Author Of Economics in Action

From my list on books to learn Austrian economics.

Why am I passionate about this?

I’ve spent the last 17 years leveraging my Master’s degree in economics as a public policy analyst focusing on educating legislators and the public about the consequences of economic public policy. I’ve also taught several economic courses as an adjunct at a small university and area community college. Spreading sound economic knowledge is important to me. History–and the present day–is full of tragic tales of suffering in societies that failed to heed the lessons of sound economics. Sadly, however, the majority of Americans are either uneducated or mis-educated in economics. My passion is to advance economic understanding among citizens–especially young people–in order to correct that.

Brian's book list on books to learn Austrian economics

Brian Balfour Why did Brian love this book?

As the most accomplished student of Ludwig von Mises, Rothbard is undisputably the American who has contributed the most to the Austrian School of Economics. Similar to Human Action, this treatise spans more than 1,000 pages and covers nearly every aspect of economic theory imaginable. 

Rothbard methodically walks the reader through the logical implications of the “action axiom,” the notion that humans act with a purpose in mind. Specifically, humans utilize means according to an idea to achieve ends. From this self-evident building block, Rothbard deduces economic laws that guide nearly the entire edifice of economic science.

The Power and Market section is where theory meets practice, and Rothbard applies the Austrian School theory to diagnose the impact of a large variety of government interference in the market process.

By Murray N. Rothbard,

Why should I read it?

2 authors picked Man, Economy, and State as one of their favorite books, and they share why you should read it.

What is this book about?

New Edition, with new introduction!

Murray N. Rothbard's great treatise Man, Economy, and State and its complementary text Power and Market, are here combined into a single edition as they were written to be. It provides a sweeping presentation of Austrian economic theory, a reconstruction of many aspects of that theory, a rigorous criticism of alternative schools, and an inspiring look at a science of liberty that concerns nearly everything and should concern everyone.

The Mises Institute's new edition of Man Economy, and State, united with its formerly sundered companion volume Power and Market, is a landmark in the history…


Book cover of The Theory of Money and Credit

Michael G. Pento Author Of The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market

From my list on fiscal destruction of America’s foundation of freedom.

Why am I passionate about this?

My passion is to prepare clients' investments for the impending debt crisis. That is why I started Pento Portfolio Strategies and created the Inflation/Deflation and Economic Cycle Model. The US faces an entirely new paradigm – due to onerous debt, central banks are forced to either massively monetize the nation's debt or allow a cathartic deflationary depression to reset the economy. Our government is now compelled to seek a condition of perpetual inflation to maintain the illusion of prosperity and solvency. Our central bank is now walking the economy on a tightrope between inflation and deflation. This will require a vastly different and active investment strategy to fit the new dynamic.

Michael's book list on fiscal destruction of America’s foundation of freedom

Michael G. Pento Why did Michael love this book?

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. 

By Ludwig von Mises,

Why should I read it?

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

What is this book about?

"It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments." - from The Theory of Money and Credit

Originally published in 1912, Ludwig von Mises's The Theory of Money and Credit remains today one of economic theory's most influential and controversial treatises. Von Mises's examination into monetary theory changed forever the world of economic thought when he successfully integrated "macroeconomics" into "microeconomics" -previously deemed an impossible task -as well as offering…


Book cover of Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement

Andrew Koppelman Author Of Burning Down the House: How Libertarian Philosophy Was Corrupted by Delusion and Greed

From my list on libertarian philosophy.

Why am I passionate about this?

I’ve always been interested in human freedom, and both intrigued and cautious about the path offered by the libertarians. In my book, I finally worked out for my own benefit what is alive and what is dead in their ideals – and the various flavors in which those ideals are available. They have important insights, but too much of what they are selling is snake oil. Until now there hasn’t been any critical introduction to libertarianism for the general reader. This book aims to supply that.

Andrew's book list on libertarian philosophy

Andrew Koppelman Why did Andrew love this book?

This is the indispensable book if you want to know what libertarianism is and where it came from. It is filled with more entertaining eccentrics than a Dickens novel. My book focuses on philosophical arguments for a minimal state, but I couldn’t get very deep into the historical background: who was making those arguments and what moved them to do it. One of the pleasures of intellectual history is encountering minds that are weird and surprising (not necessarily in a bad way), and Doherty offers a lot of them.

By Brian Doherty,

Why should I read it?

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

What is this book about?

On Wall Street, in the culture of high tech, in American government: Libertarianism-the simple but radical idea that the only purpose of government is to protect its citizens and their property against direct violence and threat-has become an extremely influential strain of thought. But while many books talk about libertarian ideas, none until now has explored the history of this uniquely American movement-where and who it came from, how it evolved, and what impact it has had on our country. In this revelatory book, based on original research and interviews with more than 100 key sources, Brian Doherty traces the…


Book cover of Classical Political Economy and Rise to Dominance of Supply and Demand Theories

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?

I first purchased and read this book as a senior undergraduate student not knowing anything about the author.

Little did I know that this book would later play an important role in not only understanding the limitations of mainstream economics but also in providing me with an alternative approach to make sense of our economic surroundings. 

Bharadwaj’s book is truly a classic and one that I always recommend to my students. 

Her book continues to inspire and educate me.

Book cover of Consumption Takes Time: Implications for Economic Theory

Monica L. Smith Author Of Cities: The First 6,000 Years

From my list on why humans have so much stuff.

Why am I passionate about this?

I’m an archaeologist, which means that I’ve been lucky enough to travel to many places to dig and survey ancient remains. What I’ve realized in handling those dusty old objects is that all over the world, in both past and present, people are defined by their stuff: what they made, used, broke, and threw away. Most compelling are the things that people cherished despite being worn or flawed, just like we have objects in our house that are broken or old but that we keep anyway.

Monica's book list on why humans have so much stuff

Monica L. Smith Why did Monica love this book?

This looks like it’s the sternest and most boring book ever, but I love Steedman’s cool-and-collected ability to address the implications of the obvious: You can only do one thing at a time. You only have two hands. And when you’re with one set of belongings, you’re neglecting all the other stuff you own.

By Ian Steedman,

Why should I read it?

1 author picked Consumption Takes Time as one of their favorite books, and they share why you should read it.

What is this book about?

Standard economic theory of consumer behaviour considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more - or less - than 168 hours per week. This simple fact is almost invisible in standard theory, and takes the centre stage in this book.


Book cover of Theory of Value: An Axiomatic Analysis of Economic Equilibrium

Thijs ten Raa Author Of Microeconomics: Equilibrium and Efficiency

From my list on microeconomics on how markets are interconnected.

Why am I passionate about this?

Microeconomics is a turnoff to most readers. Not without reason. Many books in this field are dull rewrites of other books and opaque.  In particular, it is not clear how the behavior of individual consumers and producers adds to the performance—good or bad—of an economy. The books listed here helped me to sharpen my own mind and to make my writing lucid.

Thijs' book list on microeconomics on how markets are interconnected

Thijs ten Raa Why did Thijs love this book?

As a math student I found economics a slippery subject and, therefore, was hesitant to read any book on the subject. 

Theory of Value is a short, formal manuscript, that includes the definition of an economy. It was the first book I read in economics and I loved it. It induced me to move to New York and to study the field.


By Gerard Debreu,

Why should I read it?

1 author picked Theory of Value as one of their favorite books, and they share why you should read it.

What is this book about?

"[This] beautiful and austere book . . . [is] an important landmark of economic theory."-F.H. Hahn, Journal of Political Economy
"An immortal classic of twentieth century economics. Every economist should own a copy."-Robert Lucas, University of Chicago
Theory of Value offers a rigorous, axiomatic, and formal analysis of producer behavior, consumer behavior, general equilibrium, and the optimality of the market mechanism for resource allocation.


Book cover of Thinking, Fast and Slow
Book cover of Competitive Strategy: Techniques for Analyzing Industries and Competitors
Book cover of The Halo Effect... and the Eight Other Business Delusions That Deceive Managers

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