Why am I passionate about this?
Economic history is, quite simply, my job: I write about it, I research it, and I’ve been teaching it for ten years at a small liberal arts college in New England. I’ve always felt that the best way to make sense of economic change is not by studying formal laws but by reading what past actors have left behind. Numbers and statistics are indispensable, but they acquire meaning only in relation to ideas and power. In any case, that’s what I take the books on this list to suggest. I think of these books—and others like them—as trusty companions. Perhaps you will, too.
Stefan's book list on economic and political history
Why did Stefan love this book?
I turn to this book to remind myself how good economic history should be written: by foregrounding the political stakes and by angling for compelling prose. In Tooze’s telling, when Nazi ideological rage met the grim realities of a global Depression, the result was the lethal gamble to conquer Germany’s way out of isolation.
It’s so instructive to watch Tooze adroitly move between narrative registers—absorbing, emphatic, mordant, even humorous—as he tackles this hair-raising topic. The thorniest subjects—foreign exchange controls and machine tools, forced labor, and racial war—come to life to awesome and awful effect.
2 authors picked The Wages of Destruction as one of their favorite books, and they share why you should read it.
"Masterful . . . [A] painstakingly researched, astonishingly erudite study...Tooze has added his name to the roll call of top-class scholars of Nazism." -Financial Times
An extraordinary mythology has grown up around the Third Reich that hovers over political and moral debate even today. Adam Tooze's controversial book challenges the conventional economic interpretations of that period to explore how Hitler's surprisingly prescient vision--ultimately hindered by Germany's limited resources and his own racial ideology--was to create a German super-state to dominate Europe and compete with what he saw as America's overwhelming power in a soon-to- be globalized world. The Wages of…