Fans pick 100 books like The End of Prosperity

I read this book in college, and it helped define my political beliefs.

Although Goldwater refers to himself as a Conservative, the ideas expressed in this book would be considered Libertarian by today's standards. This book defines the basic principles of limited government and what a government should and should not provide to its constituents. 

An apropos warning about the inevitable collapse of all empires that live beyond their means.

Wrought with historical references to past collapsed empires including the Roman and British, understand how the US is going down the same destructive path as the previous empires.

This book also explains how the high standard of living in the US and other Western economies is sponsored by the poorer, harder-working Asian countries that make something of value.

Issuing massive amounts of debt and printing money to pay for it isn’t a sustainable way to run an economy.

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. 

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. 

Paul Kengor provides a steady, detailed analysis of Reagan’s successful attempt to end the Cold War by driving the USSR to economic collapse. From technological embargoes, economic warfare and disinformation that the Soviets believed were intelligence successes to driving the price of oil down to $10 per barrel, Reagan’s policies were disastrous for Soviet interests. In just one year, the USSR moved from a $700 million trade surplus with the West to a $1.4 billion deficit, which tripled during the following year. “In my view,” wrote Gorbachev in the end, “the 40th President of the United States will go down in history for his rare perception.”

This book tells it like it is: The end of the Cold War was not the fulfillment of President Reagan’s grand plan to destroy communism, but neither was it the natural outcome of the decline of the Soviet Empire. In Wilson’s telling, based on an array of documents from both sides of the Iron Curtain, the fall of the Berlin Wall and the end of Communism were, more than anything else, an accident. At crucial points, decision-makers on both sides made the right calls, but they had to respond to events that increasingly took on a dynamic of their own. I love this book because it emphasizes that history is chaos: Not random, but unpredictable!

Another forgotten book, Where’s the Rest of Me? covered Reagan’s early life and set him up for his post-Hollywood pivot. Reagan was always more literary than his opponents understood, and in this book he managed to define his sunny political image several years before his famous political aides showed up to help. I discovered this after finding a set of letters no other Reagan biographer had seen, but you could also see it just by reading his book’s opening, which is far too strange and memorable to get past a good flack:

The story begins with the close-up of a bottom in a small town called Tampico in Illinois, on February 6, 1911. My face was blue from screaming, my bottom was red from whacking, and my father claimed afterward that he was white.

The punch line: “Ever since my birth,” Reagan wrote, “I have been particularly fond of the… show more.

A poet, playwright, essayist, teacher, and activist, Jordan had more than 25 published works, including seven books of essays. 

As a feminist and women’s studies teacher and scholar who was focused on bringing race into the center of my activism and analysis, I learned so much from June Jordan. 
On Call, includes essays that explored intersectionality years before Kimberlé Crenshaw coined the term and theorized the overlapping social constructions of race, class, and gender. 

The topics of the 18 essays are wide-ranging, from patriarchy, to Black English, to the enslaved 18th-century poet Phillis Wheatley, and a hilarious short essay on the election of Ronald Reagan written in Black English.  I taught “Report from the Bahamas” in almost all of my courses. 

Like all of her essays, it is written with a poet’s sensibility. Every word matters.  

Why do I recommend a book on speechwriting? For the same reasons my book covers spoken communication. Good speeches base on the written word and in turn, yield many lessons for all writers. For example, “sayability” is a hallmark of writing that works, and a good way to check yourself. Noonan’s book also reminds us of what matters most: Deciding what you want to say—the substance. Fancy language never camouflages empty thought. Rather than trying to manipulate people, reach them with sincerity and specific language that’s “simple, unadorned, direct, declarative.” Noonan recommends appealing to the brain with logic. Psychologists, meanwhile, stress that we make most decisions based on emotion—but I think both are right: Persuasive writing reaches both heart and mind. 

This book is written by, IMO, the best chef ever to have served at the White House. I was fortunate to have been Chef Haller’s boss during my time at the White House. Henry retired after 21 years of flawless service and worked in the Johnston, Nixon, Ford, Carter, and Reagan White Houses. An incredible talent with a positive, pleasant temperament, everyone loved Chef Haller.