100 books like Megathreats

By Nouriel Roubini,

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

Shepherd is reader supported. When you buy books, we may earn an affiliate commission.

Book cover of Irrational Exuberance

Robert Isaak Author Of Brave New World Economy: Global Finance Threatens Our Future

From my list on the world economy, finance trends, and options.

Why am I passionate about this?

Since completing my PhD in political economy (dissertation: ‘International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ‘Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

Robert's book list on the world economy, finance trends, and options

Robert Isaak Why did Robert love this book?

Shiller predicted both the dot-com crisis (2001) and the financial crisis stemming from real estate (2008) in advance in two editions of this book.

Since receiving the Nobel prize in economics he published his book Narrative Economics: How Stories Go Viral which together with the book recommended will help the reader predict the timing of coming economic trends.

By Robert J. Shiller,

Why should I read it?

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

What is this book about?

In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize-winning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008-9 financial crisis. With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets--and…


Book cover of Capital in the Twenty-First Century

Guido Alfani Author Of As Gods Among Men: A History of the Rich in the West

From my list on the rich, the super-rich, and wealth inequality in general.

Why am I passionate about this?

Since I was a student, I have been fascinated with social and economic inequality–the more so because back then, my professors seemed to disregard this subject of study. So, I made it one of my own main areas of research: I simply needed to understand more about the nature and the causes of inequality in human societies. In recent years, I have been busy researching economic inequality in different historical settings, also looking at specific socioeconomic strata. I began with the poor, and more recently, I focused on the rich. In my list of recommendations, I included books that, I believe, are particularly insightful concerning wealth and the wealthy.

Guido's book list on the rich, the super-rich, and wealth inequality in general

Guido Alfani Why did Guido love this book?

This is a book that truly transformed the field of inequality studies by bringing wealth inequality to the fore of the debate–both within the academy and across civil society. It is also a very readable book, packed with interesting examples and useful and relevant information.

Although I have always thought (and I am in very good company…) that it could have been a bit shorter, it is very well worth the effort of going through its about seven hundred pages.

By Thomas Piketty, Arthur Goldhammer (translator),

Why should I read it?

5 authors picked Capital in the Twenty-First Century as one of their favorite books, and they share why you should read it.

What is this book about?

A New York Times #1 Bestseller
An Amazon #1 Bestseller
A Wall Street Journal #1 Bestseller
A USA Today Bestseller
A Sunday Times Bestseller
A Guardian Best Book of the 21st Century
Winner of the Financial Times and McKinsey Business Book of the Year Award
Winner of the British Academy Medal
Finalist, National Book Critics Circle Award

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard…


Book cover of Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change

Robert Isaak Author Of Brave New World Economy: Global Finance Threatens Our Future

From my list on the world economy, finance trends, and options.

Why am I passionate about this?

Since completing my PhD in political economy (dissertation: ‘International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ‘Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

Robert's book list on the world economy, finance trends, and options

Robert Isaak Why did Robert love this book?

I invited Edmund Phelps to speak at Pace University in New York the week before he received the Nobel Prize in Economics.

His thesis, captured in detail in this book, is that state welfare economies in Europe have become too disconnected from the prerequisites for the entrepreneurial economic growth and innovation necessary to create jobs and to pay for the social benefits. Given the huge debt overhang in most of these countries, not to mention developing countries, his controversial thesis then could not be more timely now!

All people need to be motivated to become entrepreneurial in order to provide human health, comfort, and self-actualization for themselves, their families, and fellow citizens. Have you been taught this at school?!!!

By Edmund S. Phelps,

Why should I read it?

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

What is this book about?

In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but "flourishing"--meaningful work, self-expression, and personal growth for more people than ever before? Phelps makes the case that the wellspring of this flourishing was modern values such as the desire to create, explore, and meet challenges. These values fueled the grassroots dynamism that was necessary for widespread,…


Book cover of Capitalism, Socialism, and Democracy

Mark R. Reiff Author Of On Unemployment: A Micro-Theory of Economic Justice: Volume 1

From my list on what causes economic injustice.

Why am I passionate about this?

F. Scott Fitzgerald claimed, “there are no second acts in American lives.” But I am on my third. I started out in the theatre, then became a lawyer, and then a political philosopher. What drove each move is that I was always outraged by injustice and wanted to find a better way to fight against it. For me, reading, writing, and teaching political philosophy turned out to be that way. The books on this list provide important lessons on how certain economic policies can cause injustice while others can cure it. Each has been around for a long time, but they are as relevant today as when they were first written. 

Mark's book list on what causes economic injustice

Mark R. Reiff Why did Mark love this book?

A renowned economist and Harvard professor with a bit of a cult following, Schumpeter provides a realistic evaluation of what capitalism is and whether it can survive if it does not do more to help a wider range of people.

First published in 1942, Schumpeter’s fear was the rise of socialism, but what he had to say about the failings of capitalism back then applies with equal force today.

Schumpeter was the originator of the term “creative destruction” to describe how capitalism works, and Part II of the book was the inspiration for my paper, “Can Liberal Capitalism Survive?”

The book has never been out of print. 

By Joseph A Schumpeter,

Why should I read it?

3 authors picked Capitalism, Socialism, and Democracy as one of their favorite books, and they share why you should read it.

What is this book about?

“Joseph Schumpeter’s classic Capitalism, Socialism and Democracy explains the process of capitalism’s 'creative destruction' — a key principle in understanding the logic of globalization." — Thomas L. Friedman, Foreign Policy

In this definitive third and final edition (1950) of his prophetic masterwork, Joseph A. Schumpeter introduced the world to the concept of “creative destruction,” which forever altered how global economics is approached and perceived. Now featuring a new introduction by Pulitzer Prize-winning Schumpeter biographer Thomas K. McCraw, Capitalism, Socialism and Democracy is essential read­ing for anyone who seeks to understand where the world economy is headed.

“If Keynes was the…


Book cover of The World Economy: History and Prospect

Larry Allen Author Of The ABC-Clio World History Companion to Capitalism

From my list on seeing world history thru the lens of economics.

Why am I passionate about this?

I grew up listening to my grandfathers tell stories about the Great Depression (1930s). My cousins would want me to go out and play, but I wanted to stay indoors and listen to the stories. The Depression proved my grandfathers were not the best cotton farmers, but they were good storytellers, and I ended up an economics professor. Along the way, I ran across a thought from renowned British philosopher Francis Bacon: “Histories make men wise, poets, witty, mathematics, subtle;” Modern economics has gone in for subtlety, and maybe is a little too careless of wisdom. This thought sent me delving deeper into economic history, and I ended up writing five books in economics history. 

Larry's book list on seeing world history thru the lens of economics

Larry Allen Why did Larry love this book?

This book treats a rich variety of weighty topics, global in scope. It lays bare the real insights that bubble up when economic history is subpoenaed to the bar of economic thinking. The famous British Disraeli said he only read biographies because biographies were life without theory. It helps to take a break from scholars whose thoughts are pinned down by the most recent theories. To study economics without theory, it is necessary to study economic history. Economic forecasters too often have a bias toward predicting a continuation of existing trends with small adjustments. Rostov’s long sweep of history shows that these forecasts may be overridden by long-term trends. This book contains a lot of meat—a great abundance of instructive explanations, intelligent comments, and practical conclusions. 

By W. W. Rostow,

Why should I read it?

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

What is this book about?

This monumental study is an account of the world economy from the eighteenth century to the twentieth, an analysis and prescription for the future, and a challenge to the neo-Keynesian theories of income determination and growth. It is based on some forty years of research and teaching.

Originally published in 1978, the volume looks back over the nineteenth and twentieth centuries. It includes an analysis of how the world's population expanded from about 1 billion in 1800 to 4 billion in 1976, with some 6.5 billion in sight for the year 2000; an account of the expansion and distribution of…


Book cover of Superforecasting: The Art and Science of Prediction

David F. Hendry Author Of Forecasting: An Essential Introduction

From my list on getting an insight into forecasting.

Why am I passionate about this?

Accurate and precise forecasting is essential for successful planning and policy from economics to epidemiology. We have been keen to understand why so many forecasts turn out to be highly inaccurate since making dreadful forecasts ourselves, and advising UK government agencies (Treasury, Parliament, Bank of England) during turbulent periods. As simple extrapolation often beats model-based forecasting, we have been developing improved methods that draw on the best aspects of both, and have published more than 60 articles and 6 books attracting more than 6000 citations by other scholars. Our recommended books cover a wide range of forecasting methods—suggesting there is no optimal way to look into the future.

David's book list on getting an insight into forecasting

David F. Hendry Why did David love this book?

This is a book that brings forecasters down to earth with a bang – we are not all super-forecasters! There is no magic involved in forecasting – seeing into the future is impossible. But Tetlock and Gardner show that good decision-making should be based on a set of guidelines that can be adapted to any situation. The writing is slick, given one of the authors is a science journalist, and it provides salutary reading for any would be practical forecaster. 

By Philip E. Tetlock, Dan Gardner,

Why should I read it?

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

What is this book about?

The international bestseller

'A manual for thinking clearly in an uncertain world. Read it.' Daniel Kahneman, author of Thinking, Fast and Slow
_________________________
What if we could improve our ability to predict the future?

Everything we do involves forecasts about how the future will unfold. Whether buying a new house or changing job, designing a new product or getting married, our decisions are governed by implicit predictions of how things are likely to turn out. The problem is, we're not very good at it.

In a landmark, twenty-year study, Wharton professor Philip Tetlock showed that the average expert was only…


Book cover of Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die

Valliappa Lakshmanan Author Of Data Science on the Google Cloud Platform: Implementing End-To-End Real-Time Data Pipelines: From Ingest to Machine Learning

From my list on if you want to become a data scientist.

Why am I passionate about this?

I started my career as a research scientist building machine learning algorithms for weather forecasting. Twenty years later, I found myself at a precision agriculture startup creating models that provided guidance to farmers on when to plant, what to plant, etc. So, I am part of the movement from academia to industry. Now, at Google Cloud, my team builds cross-industry solutions and I see firsthand what our customers need in their data science teams. This set of books is what I suggest when a CTO asks how to upskill their workforce, or when a graduate student asks me how to break into the industry.

Valliappa's book list on if you want to become a data scientist

Valliappa Lakshmanan Why did Valliappa love this book?

As a data scientist in the industry, it is very helpful to understand the business context behind the problems that you are solving. In many cases, you are trying to predict behavior—who is likely to buy an item, who is likely to click on a link, who is likely to repay a loan, etc.

This book by Eric Siegel is a great introduction to predictive analytics as used in real-life. It will help you frame data science problems in standard ways. For example, suppose you are asked to score sales leads so that salespeople can prioritize their efforts. How would you do it? The common way to frame this problem is to predict the customer lifetime value (LTV) of every sales lead. Before you can do prediction, you have to be able to do analysis though.

The way you estimate the LTV is to break the problem into three sub-problems:…

By Eric Siegel,

Why should I read it?

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

What is this book about?

"Mesmerizing & fascinating..." -The Seattle Post-Intelligencer

"The Freakonomics of big data." -Stein Kretsinger, founding executive of Advertising.com

Award-winning | Used by over 30 universities | Translated into 9 languages

An introduction for everyone. In this rich, fascinating - surprisingly accessible - introduction, leading expert Eric Siegel reveals how predictive analytics (aka machine learning) works, and how it affects everyone every day. Rather than a "how to" for hands-on techies, the book serves lay readers and experts alike by covering new case studies and the latest state-of-the-art techniques.

Prediction is booming. It reinvents industries and runs the world. Companies, governments, law…


Book cover of Fortune Tellers: The Story of America's First Economic Forecasters

David F. Hendry Author Of Forecasting: An Essential Introduction

From my list on getting an insight into forecasting.

Why am I passionate about this?

Accurate and precise forecasting is essential for successful planning and policy from economics to epidemiology. We have been keen to understand why so many forecasts turn out to be highly inaccurate since making dreadful forecasts ourselves, and advising UK government agencies (Treasury, Parliament, Bank of England) during turbulent periods. As simple extrapolation often beats model-based forecasting, we have been developing improved methods that draw on the best aspects of both, and have published more than 60 articles and 6 books attracting more than 6000 citations by other scholars. Our recommended books cover a wide range of forecasting methods—suggesting there is no optimal way to look into the future.

David's book list on getting an insight into forecasting

David F. Hendry Why did David love this book?

This is a readable tale of the rise of economic forecasters in the USA during the boom years of the 1920s, and their demise after failing to forecast the `Great Crash of 1929’ and ensuing Great Depression. Roger Babson did forewarn of a crash, but also failed after wrongly repeatedly forecasting an imminent recovery in the early 1930s. It holds many relevant lessons for our turbulent times, emphasizing that the future is always highly uncertain.

By Walter Friedman,

Why should I read it?

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

What is this book about?

The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they…


Book cover of The Future Is Asian: Commerce, Conflict, and Culture in the 21st Century

Andreas Schneider Author Of Enlightened Mobility: How we can surpass symbolic climate action & make transport carbon-free

From my list on how to make transport and mobility sustainable.

Why am I passionate about this?

I found my passion for sustainable mobility while working on my PhD thesis about electric cars at a time when no one was interested in electric cars. I am fascinated by the disruptive forces in the transportation space. With my long-term work experience in management consulting, corporate, academics, and startups, I’m trying to make a contribution to making transport carbon-free.  

Andreas' book list on how to make transport and mobility sustainable

Andreas Schneider Why did Andreas love this book?

This book shows how the future of our planet will be decided in Asia. It teaches us that when we aim to tackle climate change with impactful measures, it is not about America or Europe but about Asia.

With its tremendous size and growth in population, Asia will be the dominant continent in the world and therefore be key to solving the climate crisis.  

By Parag Khanna,

Why should I read it?

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

What is this book about?

Five billion people, two-thirds of the world's mega-cities, one-third of the global economy, two-thirds of global economic growth, thirty of the Fortune 100, six of the ten largest banks, eight of the ten largest armies, five nuclear powers, massive technological innovation, the newest crop of top-ranked universities. Asia is also the world's most ethnically, linguistically and culturally diverse region of the planet, eluding any remotely meaningful generalization beyond the geographic label itself. Even for Asians, Asia is dizzying to navigate.

Whether you gauge by demography, geography, economy or any other metric, Asia is already the present - and it is…


Book cover of The Sovereign Individual: Mastering the Transition to the Information Age

Somi Arian Author Of Career Fear (and how to beat it): Get the Perspective, Mindset and Skills You Need to Futureproof your Work Life

From my list on preparing you for the digital era.

Why am I passionate about this?

I'm Somi Arian, a tech philosopher, award-winning filmmaker, author, LinkedIn-Top-Voice, and the founder of InPeak, a Web3 education and professional networking platform. My background in Philosophy of Science and Technology informs my role in society as a 'Transition Architect.' My documentary, The Millennial Disruption, featuring industry leaders, won three international awards. My book, Career Fear (and how to beat it), addresses the future of work and the skills we all need to survive and thrive in the age of Artificial Intelligence and Blockchain. As a speaker, I give talks and workshops internationally on the impact of technology on society, the business landscape, the future of work, Web3, NFTs, the Metaverse, and blockchain technology.

Somi's book list on preparing you for the digital era

Somi Arian Why did Somi love this book?

This book is a prescient and compelling analysis of the challenges and opportunities presented by the transition from an industrial to an information-based society.

The authors, who have a track record of accurately predicting global political and economic trends, explore the shift towards a new era of individualized power, as governments lose their grip on commerce and society becomes more democratized.

They offer practical strategies for adapting financially to this new reality, emphasizing the importance of cultivating two skillsets in depth and becoming the best in your field to capitalize on the growing trend of personalized, online work.

The book covers a range of topics, including the mega political transformations in historic perspective, the sophistication of violence in the agricultural revolution, and the emergence of the cyber economy. It also delves into the impact of the information age on the global economy, government, and society, and explores the potential for…

By James Dale Davidson, William Rees-Mogg,

Why should I read it?

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

What is this book about?

Two renowned investment advisors and authors of the bestseller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century.

The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.

Few observers of the late twentieth century have their fingers so presciently on the pulse of the global political and economic realignment ushering in the new millennium as do James Dale Davidson and Lord William Rees-Mogg. Their bold prediction of disaster on…


5 book lists we think you will like!

Interested in China, presidential biography, and Shanghai?

10,000+ authors have recommended their favorite books and what they love about them. Browse their picks for the best books about China, presidential biography, and Shanghai.

China Explore 576 books about China
Presidential Biography Explore 18 books about presidential biography
Shanghai Explore 51 books about Shanghai