100 books like The Economics of Belonging

By Martin Sandbu,

Here are 100 books that The Economics of Belonging fans have personally recommended if you like The Economics of Belonging. Shepherd is a community of 11,000+ authors and super readers sharing their favorite books with the world.

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Book cover of The Globalization Paradox: Democracy and the Future of the World Economy

Harald Sander Author Of Understanding the New Global Economy: A European Perspective

From my list on how to make globalization work for all people.

Why am I passionate about this?

As a boomer and working-class kid, I experienced living conditions improving rapidly. This sparked my interest in studying international and development economics to explore how we can create a better and more equitable world. As professor of international economics, I have been researching and teaching for many years about what is now known as “globalization”. This taught me two things that inspired me to write my latest book: First, to understand the process and consequences of (de-)globalization, in-depth study is essential to avoid popular misconceptions about the global economy; and, second, globalization needs to be carefully managed to make it work for all people.

Harald's book list on how to make globalization work for all people

Harald Sander Why did Harald love this book?

This is one of the most influential books on economic globalization written in the last decade, and it will certainly continue to be crucial to understand the future of globalization.

Rodrik’s Globalization Paradox pinpoints the key policy trade-offs in a globalized economy: If policymakers opt for “hyper-globalization” while insisting on national decision-making, they could find their societies in the “golden straitjacket” of global capitalism.

Alternatively, they could give up sovereignty to democratically legitimized “global governance”.

As the latter is difficult to achieve and often unacceptable to national policymakers, Rodrik argues for limiting hyper-globalization.

The existence of a globalization paradox as well as Rodrik’s conclusion, has been hotly discussed, but the ongoing debate only proves the importance of his book.

By Dani Rodrik,

Why should I read it?

2 authors picked The Globalization Paradox as one of their favorite books, and they share why you should read it.

What is this book about?

In this eloquent challenge to the reigning wisdom on globalization, Dani Rodrik reminds us of the importance of the nation-state, arguing forcefully that when the social arrangements of democracies inevitably clash with the international demands of globalization, national priorities should take precedence. Combining history with insight, humor with good-natured critique, Rodrik's case for a customizable globalization supported by a light frame of international rules shows the way to a balanced prosperity as we confront today's global challenges in trade, finance, and labor markets.


Book cover of The Globotics Upheaval: Globalization, Robotics, and the Future of Work

Harald Sander Author Of Understanding the New Global Economy: A European Perspective

From my list on how to make globalization work for all people.

Why am I passionate about this?

As a boomer and working-class kid, I experienced living conditions improving rapidly. This sparked my interest in studying international and development economics to explore how we can create a better and more equitable world. As professor of international economics, I have been researching and teaching for many years about what is now known as “globalization”. This taught me two things that inspired me to write my latest book: First, to understand the process and consequences of (de-)globalization, in-depth study is essential to avoid popular misconceptions about the global economy; and, second, globalization needs to be carefully managed to make it work for all people.

Harald's book list on how to make globalization work for all people

Harald Sander Why did Harald love this book?

What holds the future of globalization in store?

I learned a lot from Baldwin’s insightful book, which posits a fast and dramatic rise of digital service trade between high- and low-wage countries.

Such services could range from well-known digital back-office services, such as airline ticketing in India, to more speculative “global robotics”, dubbed “globotics”, such as cross-border controlling of robots via virtual reality devices.

Baldwin points to new opportunities emerging to developing economies that hitherto were unable to gain from the globalization of manufacturing value chains. But he also warns of potentially dramatic social consequences in high-wage countries.

Whether you agree or disagree with his diagnosis, this is essential reading to be prepared for the next wave of globalization and its potential social disruptions.

By Richard Baldwin,

Why should I read it?

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

What is this book about?

'A manifesto for future-proofing our jobs and prosperity' THE SUNDAY TIMES

We stand on the edge of a new era that will bring change to our world on a par with the Industrial Revolution. Automation, artificial intelligence and robotics are changing our lives quickly - but digital disruption goes much further than we realize. Richard Baldwin, one of the world's leading globalization experts, argues that the inhuman speed of this transformation threatens to overwhelm our capacity to adapt. But while the changes are now inevitable, there are strategies that humanity can use to adapt to this new world, employing the…


Book cover of Creating a Learning Society: A New Approach to Growth, Development, and Social Progress

Harald Sander Author Of Understanding the New Global Economy: A European Perspective

From my list on how to make globalization work for all people.

Why am I passionate about this?

As a boomer and working-class kid, I experienced living conditions improving rapidly. This sparked my interest in studying international and development economics to explore how we can create a better and more equitable world. As professor of international economics, I have been researching and teaching for many years about what is now known as “globalization”. This taught me two things that inspired me to write my latest book: First, to understand the process and consequences of (de-)globalization, in-depth study is essential to avoid popular misconceptions about the global economy; and, second, globalization needs to be carefully managed to make it work for all people.

Harald's book list on how to make globalization work for all people

Harald Sander Why did Harald love this book?

I enjoyed this book because it provides a demanding, essential, and controversial reading.

Nobel laureate Joseph Stiglitz and his long-time co-author Bruce Greenwald make three crucial points: First, learning is the key to innovation and thus to economic and societal progress; second, many of our institutions, especially the strong protection of intellectual property rights often inhibit learning and innovation; and third, openness to trade is not always the best way to promote learning.

Instead, the authors advocate “an infant-economy protection” of the entire manufacturing sector in developing economies.

Whether or not you follow the authors in their conclusions, this book is an intellectual treat for anyone who enjoys a challenging read.

By Joseph E. Stiglitz, Bruce Greenwald,

Why should I read it?

1 author picked Creating a Learning Society as one of their favorite books, and they share why you should read it.

What is this book about?

It has long been recognized that an improved standard of living results from advances in technology, not from the accumulation of capital. It has also become clear that what truly separates developed from less-developed countries is not just a gap in resources or output but a gap in knowledge. In fact, the pace at which developing countries grow is largely a function of the pace at which they close that gap. Thus, to understand how countries grow and develop, it is essential to know how they learn and become more productive and what government can do to promote learning. In…


Book cover of The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era

Harald Sander Author Of Understanding the New Global Economy: A European Perspective

From my list on how to make globalization work for all people.

Why am I passionate about this?

As a boomer and working-class kid, I experienced living conditions improving rapidly. This sparked my interest in studying international and development economics to explore how we can create a better and more equitable world. As professor of international economics, I have been researching and teaching for many years about what is now known as “globalization”. This taught me two things that inspired me to write my latest book: First, to understand the process and consequences of (de-)globalization, in-depth study is essential to avoid popular misconceptions about the global economy; and, second, globalization needs to be carefully managed to make it work for all people.

Harald's book list on how to make globalization work for all people

Harald Sander Why did Harald love this book?

The rise of nationalistic populism and the backlash against globalization have been of particular concern to me in recent years.

This new populism has stimulated a lot of research and many books. For me, however, Eichengreen’s book stands out in three ways.

First, it builds on valuable lessons from history; second, it skillfully and in a highly readable way summarizes what current research is saying; and third, it offers constructive policy recommendations to contain populism.

In particular, Eichengreen advocates economic and political reforms to address the concerns of the disaffected.

As a European studies scholar, I particularly recommend reading his ideas for reforming the European Union to make it more immune to a populist backlash.

By Barry Eichengreen,

Why should I read it?

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

What is this book about?

In the last few years, populism - of the right, left, and center varieties - has spread like wildfire throughout the world. The impulse reached its apogee in the United States with the election of Trump, but it was a force in Europe ever since the Great Recession sent the European economy into a prolonged tailspin. In the simplest terms, populism is a political ideology that vilifies economic and political elites and instead lionizes 'the people.' The people,
populists of all stripes contend, need to retake power from the unaccountable elites who have left them powerless. And typically, populists' distrust…


Book cover of Illiberal Reformers: Race, Eugenics, and American Economics in the Progressive Era

Malcolm Rutherford Author Of The Institutionalist Movement in American Economics, 1918-1947: Science and Social Control

From my list on the economic mind in America from 1880 to 1960.

Why am I passionate about this?

When I was contemplating a topic for my PhD thesis, it struck me powerfully that American economics was severely under-studied, and that this applied even more so to those associated with “American institutional economics.” My research soon indicated to me that the literature that did exist was lacking in coverage and badly misleading. During my research in archives, I uncovered some real gems—just one example was the archives of the Robert Bookings Graduate School, an institution largely forgotten, but famous at the time. This was exciting and inspired me to continue on to provide a major re-evaluation of American economics in the interwar period.    

Malcolm's book list on the economic mind in America from 1880 to 1960

Malcolm Rutherford Why did Malcolm love this book?

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.     

By Thomas C. Leonard,

Why should I read it?

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

What is this book about?

In Illiberal Reformers, Thomas Leonard reexamines the economic progressives whose ideas and reform agenda underwrote the Progressive Era dismantling of laissez-faire and the creation of the regulatory welfare state, which, they believed, would humanize and rationalize industrial capitalism. But not for all. Academic social scientists such as Richard T. Ely, John R. Commons, and Edward A. Ross, together with their reform allies in social work, charity, journalism, and law, played a pivotal role in establishing minimum-wage and maximum-hours laws, workmen's compensation, antitrust regulation, and other hallmarks of the regulatory welfare state. But even as they offered uplift to some, economic…


Book cover of Rethinking Economics: Lectures and Seminars on World Economics

Lorraine Flower Author Of Heartful Business: Leading with the World in Mind

From my list on leading business consciously to create a better world for all.

Why am I passionate about this?

I love businesses and have been lucky enough to work for and with some great ones in my career in senior leadership positions. For me, leadership is an extraordinary privilege, so we have a responsibility to do it well and keep learning and improving ourselves and the organisations we lead. My journey into more conscious leadership began over 30 years ago, well ahead of the current movement, and it has progressively become the passion driving my work to help leaders and organisations contribute to building a better world. This passion also drives my service with a number of spiritual communities, including Sundial House and the Community of Living Ethics.

Lorraine's book list on leading business consciously to create a better world for all

Lorraine Flower Why did Lorraine love this book?

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.

By Rudolf Steiner, Peter Clemm (translator),

Why should I read it?

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

What is this book about?

14 lectures in Dornach, July 14-August 6, 1922 (CW 340)
6 seminars in Dornach, July 31-August 5, 1922 (CW 341)

“In this age of social, economic, and ecological disruption, many people are beginning to realize that perhaps the most important root causes for this crisis originate in an economic thinking that is increasingly out of touch with the social, ecological, and spiritual realities of our time. How, then, can we rethink and redefine the fundamental economic concepts that frame our discussions and shape our key institutions in society today? This is the big question on the table today. Rudolf Steiner’s…


Book cover of Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World

Raphael Sassower Author Of The Quest for Prosperity: Reframing Political Economy

From my list on moving beyond capitalism.

Why am I passionate about this?

My interest in political economy dates back to my student years where I combined the study of the history of political economy, economics, and philosophy. Whether apologists or critics of capitalism, both groups appreciate the centrality of economic exchange among people who live in communities where absolute autonomy and self-sufficiency are unattainable. My concern with reframing political economy is also informed by the all too hushed scandal of capitalism, namely, the reliance on slavery for the accumulation of wealth for more than a century after the establishment of the USA. The reckoning with this atrocity animates much of my present thinking about political economy in general and capitalism in particular.  

Raphael's book list on moving beyond capitalism

Raphael Sassower Why did Raphael love this book?

In an accessible language and with multiple real-life examples, Madrick systematically critically engages every humdrum idea of principle attributed to the presumed success of capitalism. Following to a great extent Karl Marx’s lead on the self-destruction of the economic system we call capitalism, Madrick updates the critique to the 21st century and shows, time and again, why capitalism is not only prone to recessions and depressions but will bring about its own demise.

By Jeff Madrick,

Why should I read it?

1 author picked Seven Bad Ideas as one of their favorite books, and they share why you should read it.

What is this book about?

A bold indictment of some of our most accepted mainstream economic theories—why they’re wrong, and how they’ve been harming America and the world.

Budget deficits are bad. A strong dollar is good. Controlling inflation is paramount. Pay reflects greater worker skills. A deregulated free market is fair and effective. Theories like these have become mantras among American economists both liberal and conservative over recent decades. Validated originally by patron saints like Milton Friedman, they’ve assumed the status of self-evident truths across much of the mainstream. Jeff Madrick, former columnist for The New York Times and Harper’s, argues compellingly that a…


Book cover of End the Fed

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?

This book explains the unchecked power of the Federal Reserve.

Perfect for those who don't have the time to read the 608-page The Creature From Jekyll Island. In this book, Paul explains in very simple terms that the Federal Reserve has been given absolute power over the most essential element of our economy – the price and supply of money.

Formed by a small group of powerful bankers who argued a central bank would stabilize the currency, over the past century since its creation, the Fed has not only destabilized the currency but also created a series of wealth-destroying asset bubbles.

It has also led to a trenchant and destructive wealth gap between the rich and the poor. 

By Ron Paul,

Why should I read it?

1 author picked End the Fed as one of their favorite books, and they share why you should read it.

What is this book about?

During the 2008 presidential campaign over 4,000 students gathered at the University of Michigan to hear Republican candidate Ron Paul speak. As he began to address the topics of monetary policy and the coming depression, a chant came from the crowd, 'End the Fed! End the Fed!' As dollar bills were set on fire, it became clearer than ever that the real problem, one that nobody in the media was talking about, was the central bank - an unconstitutional entity and a political, economic and moral disaster. Most people think of the Federal Reserve as an institution that has always…


Book cover of It's OK to Be Angry About Capitalism

Mark E. Leib Author Of Image Breaker

From my list on Jewish life and ethics.

Why am I passionate about this?

I started studying Judaism as an adult in 1982, and in the 40 or so years that have passed since then I’ve read voraciously on the subject and have discussed it at length with Orthodox, Conservative, and Reform rabbis from Boston to Tampa. I’ve come to see over that time that Judaism’s objective is to shape conscientious, caring human beings who will bring light and compassion to the earth in spite of all the forces that want to keep trouble and insensitivity there. The books that I’ve listed are among the best in communicating the Jewish vision for the planet. I think you’ll learn much from them.

Mark's book list on Jewish life and ethics

Mark E. Leib Why did Mark love this book?

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!

By Bernie Sanders,

Why should I read it?

1 author picked It's OK to Be Angry About Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

THE SUNDAY TIMES AND NEW YORK TIMES BESTSELLER

'Galvanizing and uplifting' The Guardian

'Bernie Sanders has changed US politics forever' Owen Jones

It's OK to be angry about capitalism. It's OK to want something better. Bernie Sanders takes on the 1% and speaks blunt truths about a system that is fuelled by uncontrolled greed, and rigged against ordinary people. Where a handful of oligarchs have never had it so good, with more money than they could spend in a thousand lifetimes, and the vast majority struggle to survive. Where a decent standard of living for all seems like an impossible…


Book cover of From Cotton Belt to Sunbelt: Federal Policy, Economic Development, and the Transformation of the South 1938-1980

Richard Paul Author Of We Could Not Fail: The First African Americans in the Space Program

From my list on race and racism in America during the time of the space program.

Why am I passionate about this?

I am a long-time public radio documentary producer who now creates podcasts and conducts research for Smithsonian traveling exhibitions. After producing five documentaries on various sociological aspects of the space program, I was named the Smithsonian National Air and Space Museum’s Verville Fellow in Space History in 2014. My 2010 documentary Race and the Space Race (narrated by Mae Jemison) was the first full-length exploration of the nexus between civil rights and the space program, and the Fellowship allowed me to expand the story into a book. 

Richard's book list on race and racism in America during the time of the space program

Richard Paul Why did Richard love this book?

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.

By Bruce J. Schulman,

Why should I read it?

1 author picked From Cotton Belt to Sunbelt as one of their favorite books, and they share why you should read it.

What is this book about?

From Cotton Belt to Sunbelt investigates the effects of federal policy on the American South from 1938 until 1980 and charts the close relationship between federal efforts to reform the South and the evolution of activist government in the modern United States. Decrying the South's economic backwardness and political conservatism, the Roosevelt Administration launched a series of programs to reorder the Southern economy in the 1930s. After 1950, however, the social welfare state had been replaced by the national security state as the South's principal benefactor. Bruce J. Schulman contrasts the diminished role of national welfare initiatives in the postwar…


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