10 books like The Lords of Creation

By Frederick Lewis Allen, Mark Crispin Miller (editor),

Here are 10 books that authors have personally recommended if you like The Lords of Creation. Shepherd is a community of 7,000+ authors sharing their favorite books with the world.

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Book cover of Where Are the Customers' Yachts? Or a Good Hard Look at Wall Street

Matthew P. Fink Author Of The Unlikely Reformer: Carter Glass and Financial Regulation

From the list on American financial history.

Who am I?

I was always interested in American history and studied at Brown University under an outstanding professor of American economic history, James Blaine Hedges.   During my career at the mutual fund association I often approached issues from an historical perspective. For example:  Why did Congress draft legislation in a particular way?  How would past events likely affect a regulator’s decisions today?  As a lawyer I had been trained to write carefully and precisely.  As a lobbyist I learned the need to pre

Matthew's book list on American financial history

Discover why each book is one of Matthew's favorite books on American financial history .

Why this book?

Although this book was written over 80 years ago it remains the most humorous and educational book ever written about securities investing. While its focus is on the 1920s, it is dead on point today. Only the names have changed. I’ve read this book a number of times. On each occasion, I laugh a lot and learn a lot.

Where Are the Customers' Yachts? Or a Good Hard Look at Wall Street

By Fred Schwed,

Why should I read it?

3 authors picked Where Are the Customers' Yachts? Or a Good Hard Look at Wall Street as one of their favorite books, and they share why you should read it.

What is this book about?

'Once I picked it up I did not put it down until I finished...What Schwed has done is capture fully-in deceptively clean language - the lunacy at the heart of the investment business' - From the Foreword by Michael Lewis, Bestselling author of "Liar's Poker". '...one of the funniest books ever written about Wall Street' - Jane Bryant Quinn, "The Washington Post". 'How great to have a reissue of a hilarious classic that proves the more things change the more they stay the same. Only the names have been changed to protect the innocent' - Michael Bloomberg. 'It's amazing how…


The Great Crash 1929

By John Kenneth Galbraith,

Book cover of The Great Crash 1929

Matthew P. Fink Author Of The Unlikely Reformer: Carter Glass and Financial Regulation

From the list on American financial history.

Who am I?

I was always interested in American history and studied at Brown University under an outstanding professor of American economic history, James Blaine Hedges.   During my career at the mutual fund association I often approached issues from an historical perspective. For example:  Why did Congress draft legislation in a particular way?  How would past events likely affect a regulator’s decisions today?  As a lawyer I had been trained to write carefully and precisely.  As a lobbyist I learned the need to pre

Matthew's book list on American financial history

Discover why each book is one of Matthew's favorite books on American financial history .

Why this book?

The book does an outstanding job in describing the people and events that produced the October 1929 stock market crash in a highly entertaining style. Galbraith wrote more like a witty and insightful journalist than the award-winning economist that he was. This is a must-read for anyone who wants to learn about American financial history. The book is a model for writers who want to educate non-experts about public policy issues.

The Great Crash 1929

By John Kenneth Galbraith,

Why should I read it?

4 authors picked The Great Crash 1929 as one of their favorite books, and they share why you should read it.

What is this book about?

'One of the most engrossing books I have ever read' Daily Telegraph

John Kenneth Galbraith's now-classic account of the 1929 stock market collapse remains the definitive book on the most disastrous cycle of boom and bust in modern times.

Vividly depicting the causes, effects, aftermath and long-term consequences of financial meltdown, Galbraith also describes the people and the corporations who were affected by the catastrophe. With its depiction of the 'gold-rush fantasy' ingrained in America's psychology, The Great Crash 1929 remains a penetrating study of human greed and folly.


Book cover of The Hellhound of Wall Street: How Ferdinand Pecora's Investigation of the Great Crash Forever Changed American Finance

Matthew P. Fink Author Of The Unlikely Reformer: Carter Glass and Financial Regulation

From the list on American financial history.

Who am I?

I was always interested in American history and studied at Brown University under an outstanding professor of American economic history, James Blaine Hedges.   During my career at the mutual fund association I often approached issues from an historical perspective. For example:  Why did Congress draft legislation in a particular way?  How would past events likely affect a regulator’s decisions today?  As a lawyer I had been trained to write carefully and precisely.  As a lobbyist I learned the need to pre

Matthew's book list on American financial history

Discover why each book is one of Matthew's favorite books on American financial history .

Why this book?

Professor Perino’s book explains how Ferdinand Pecora, counsel to the Senate Banking Committee, ran the explosive hearings that virtually guaranteed Glass-Steagall’s enactment. I particularly enjoyed reading about Pecora because he and the subject of my book, Carter Glass, were allies in the battle for financial reform. While Perino is a distinguished professor of law, he writes in a non-legalistic and gripping style.

The Hellhound of Wall Street

By Michael Perino,

Why should I read it?

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

What is this book about?

A gripping account of the underdog Senate lawyer who unmasked the financial wrongdoing that led to the Crash of 1929 and forever changed the relationship between Washington and Wall Street.

In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief…


Book cover of A Piece of the Action: How the Middle Class Joined the Money Class

Matthew P. Fink Author Of The Unlikely Reformer: Carter Glass and Financial Regulation

From the list on American financial history.

Who am I?

I was always interested in American history and studied at Brown University under an outstanding professor of American economic history, James Blaine Hedges.   During my career at the mutual fund association I often approached issues from an historical perspective. For example:  Why did Congress draft legislation in a particular way?  How would past events likely affect a regulator’s decisions today?  As a lawyer I had been trained to write carefully and precisely.  As a lobbyist I learned the need to pre

Matthew's book list on American financial history

Discover why each book is one of Matthew's favorite books on American financial history .

Why this book?

My previous recommendations describe the rise of American finance capitalism, leading to the roaring 1920s, the 1929 debacle, and reform legislation. A Piece of the Action takes us forward into the post-World War Two period, when middle-class Americans moved from being cautious savers to become borrowers and investors on a massive scale. The author is an experienced journalist who captures these more recent developments in highly readable style.

A Piece of the Action

By Joe Nocera,

Why should I read it?

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

What is this book about?

Now with a new introduction describing the fallout of America’s consumer credit boom, 1994’s wildly acclaimed bestseller A Piece of the Action tells the story of how millions of middle class Americans went from being savers to borrowers and investors through the invention of credit cards, mutual funds, and IRAs—resulting in profound societal change.

“America began to change on a mid-September day in 1958, when the Bank of America dropped its first 60,000 credit cards on the unassuming city of Fresno, California.” So begins Joe Nocera’s riveting account of one of the most astonishing revolutions in modern American life—what Nocera…


Hard Times

By Studs Terkel,

Book cover of Hard Times: An Oral History of the Great Depression

Ruth Talbot Author Of The Raffle Baby

From the list on the human experience during the Great Depression.

Who am I?

I’m a research nerd at heart. I am happiest pouring over historic newspapers online (thank you Library of Congress) or digging into a non-fiction book. The research I do for a book can be more rewarding than writing the book itself. When I read a 1933 article about a baby that would be given away as a prize during a civic fundraiser, I was hooked. What desperation would lead a parent to give away a child? Who would buy such a raffle ticket? Who thought this would be a good idea? I never did find the answers to my questions, so I made up my own.

Ruth's book list on the human experience during the Great Depression

Discover why each book is one of Ruth's favorite books on the human experience during the Great Depression .

Why this book?

I read this book when I was a graduate student studying journalism, but it has never stopped resonating with me. When I began to research my novel set in the Great Depression, I returned to Hard Times and also had the good fortune to find and listen to the recordings of Terkel’s interview subjects. This book is essentially a collection of oral histories that runs the gamut of the human condition during the Great Depression: those who had everything, those who had nothing and everyone in-between. This is “person-on-the-street” journalism at its finest. The stories are mesmerizing and the voices are authentic. That is the magic of this amazing journalist who captured the voices of the world for decades.

Hard Times

By Studs Terkel,

Why should I read it?

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

What is this book about?

From the Pulitzer Prize-winning author of The Good War: A masterpiece of modern journalism and "a huge anthem in praise of the American spirit" (Saturday Review).

In this "invaluable record" of one of the most dramatic periods in modern American history, Studs Terkel recaptures the Great Depression of the 1930s in all its complexity. Featuring a mosaic of memories from politicians, businessmen, artists, striking workers, and Okies, from those who were just kids to those who remember losing a fortune, Hard Times is not only a gold mine of information but a fascinating interplay of memory and fact, revealing how…


Fortune Tellers

By Walter Friedman,

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

David F. Hendry Author Of Forecasting: An Essential Introduction

From the list on getting an insight into forecasting.

Who am I?

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

Discover why each book is one of David's favorite books on getting an insight into forecasting .

Why 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.

Fortune Tellers

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…


Kane and Abel

By Jeffrey Archer,

Book cover of Kane and Abel

Trevor D'Silva Author Of Fateful Decisions

From the list on early twentieth century history from WW1 to WW2.

Who am I?

Growing up, I loved studying history, and reading historical, family sagas, and crime novels. Even though I have four degrees—three engineering and one accountingI love to write. My goal is that my readers who don’t like history, learn it through my novels. What I like about writing is you learn not just about history not taught in school, but also other topics, including meeting and learning from very interesting people. Therefore, it is an interesting hobby to have. I am currently writing my third novel set in the 1960s, and written several articles and short stories. I have also written screenplays for two of my short stories.

Trevor's book list on early twentieth century history from WW1 to WW2

Discover why each book is one of Trevor's favorite books on early twentieth century history from WW1 to WW2 .

Why this book?

This novel by Jeffery Archer is about the hotel industry started by Polish immigrant Abel, his rivalry with Kane, who owns a bank, and how they try to destroy each other. It is similar to the characters in my novel, but in this case, the person trying to destroy the protagonist, who also owns a chain of hotels, is not known until she is almost kidnapped, which shocks everyone. Kane and Abel helped me understand the history of early twentieth-century America, and the struggles rich people went through during the Great Depression after losing everything due to the stock market crash of 1929. So anyone who is interested in early twentieth-century history will love this book.

Kane and Abel

By Jeffrey Archer,

Why should I read it?

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

What is this book about?

Jeffrey Archer's Kane and Abel is a global phenomenon that has captivated readers worldwide, spawning two sequels and dominating bestseller charts the world over.

Two strangers born worlds apart with one destiny that will define them both.

William Lowell Kane, the son of a Boston millionaire, and Abel Rosnovski, the son of a penniless Polish immigrant, are born on the same day on opposite sides of the world and brought together by fate and the quest of a dream.

Locked in a relentless struggle spanning sixty years and three generations, the two men battle for supremacy in pursuit of an…


The Great Depression of the 1930s

By Nicholas Crafts (editor), Peter Fearon (editor),

Book cover of The Great Depression of the 1930s: Lessons for Today

Tobias Straumann Author Of 1931: Debt, Crisis, and the Rise of Hitler

From the list on the Great Depression and its impact on history.

Who am I?

Since I began to study history at the university, I have always wondered why things could get so wrong in Europe in the 1930s. The key to understanding this crucial period of world history was the failure of economic policy. In the course of my studies, many of my questions have been answered, but I am still wondering about the extent of human and institutional collapse. Hence, to me, the Great Depression is such a fascinating topic that you can never leave once you started doing research about its causes and consequences.

Tobias' book list on the Great Depression and its impact on history

Discover why each book is one of Tobias' favorite books on the Great Depression and its impact on history .

Why this book?

This book is highly recommended for those who want to get an overview of the newest research on the Great Depression. Written by leading economic historians, the book explains what made the catastrophe possible, why it spread across the globe, and how it was ended. Most importantly, the authors manage to explain the scholarly literature in a language that can be understood by everyone interested in the period.

The Great Depression of the 1930s

By Nicholas Crafts (editor), Peter Fearon (editor),

Why should I read it?

1 author picked The Great Depression of the 1930s as one of their favorite books, and they share why you should read it.

What is this book about?

Understanding the Great Depression has never been more relevant than in today's economic crisis. This edited collection provides an authoritative introduction to the Great Depression as it affected the advanced countries in the 1930s. The contributions are by acknowledged experts in the field and cover in detail the experiences of Britain, Germany, and, the United States, while also seeing the depression as an international disaster. The crisis entailed the collapse
of the international monetary system, sovereign default, and banking crises in many countries in the context of the most severe downturn in western economic history. The responses included protectionism, regulation,…


Lords of Finance

By Liaquat Ahamed,

Book cover of Lords of Finance: The Bankers Who Broke the World

Alan Bollard Author Of Economists at War: How a Handful of Economists Helped Win and Lose the World Wars

From the list on how economists agree and disagree amongst each other.

Who am I?

I am an economics professor at Victoria University of Wellington. As a previous Secretary of the New Zealand Treasury and Governor of the Reserve Bank of New Zealand, I have had quite a bit of experience watching economists’ ideas succeed and fail in the real world. I have written a number of books about policy economists and their lives in peace and wartime. (And a couple of novels too!)

Alan's book list on how economists agree and disagree amongst each other

Discover why each book is one of Alan's favorite books on how economists agree and disagree amongst each other .

Why this book?

This is the story of four (European and American) central bankers fighting the dramas and crises during the lead-up to the Great Depression. When crisis looms, Bank of England Governor Montagu Norman puts on a disguise and boards a cruise ship to consult with his friend Benjamin Strong in New York. If only financial crises could still be fought that way today! I liked it because I used to be a central bank governor myself!

Lords of Finance

By Liaquat Ahamed,

Why should I read it?

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

What is this book about?

Winner of the Pulitzer Prize

"Erudite, entertaining macroeconomic history of the lead-up to the Great Depression as seen through the careers of the West's principal bankers . . . Spellbinding, insightful and, perhaps most important, timely." -Kirkus Reviews (starred)

"There is terrific prescience to be found in [Lords of Finance's] portrait of times past . . . [A] writer of great verve and erudition, [Ahamed] easily connects the dots between the economic crises that rocked the world during the years his book covers and the fiscal emergencies that beset us today." -The New York Times

It is commonly believed that…


Labor's New Millions

By Mary Heaton Vorse,

Book cover of Labor's New Millions

Priscilla Murolo Author Of From the Folks Who Brought You the Weekend: A Short, Illustrated History of Labor in the United States

From the list on labor history bringing personal stories to life.

Who am I?

I discovered labor history during a decade-long hiatus between my first and second years in college. Before that, I had never enjoyed reading about the past, unless it was in a novel. Then I discovered slave narratives and they inspired wider reading about workers’ lives. I loved both the drama of stories about resistance to oppression and the optimism I derived from understanding working people as historical protagonists. Now, as a professional historian, I often approach the past in a more academic way, but dramatic stories continue to attract me and knowledge that working people united have achieved great things in the past still gives me hope for humanity’s future

Priscilla's book list on labor history bringing personal stories to life

Discover why each book is one of Priscilla's favorite books on labor history bringing personal stories to life .

Why this book?

As a U.S. labor historian, I’ve read loads of books on the unionization of mass production during the Great Depression.

Labor’s New Millions stands above the rest for its power to make you feel like you’re right there at the picket lines, union halls, and other venues that the journalist Mary Heaton Vorse visited as she gathered material for this book about worker uprisings that put the Congress of Industrial Organizations on the map. As she shows in vivid detail, whole communities rallied to build the CIO, and campaigns for justice on the job spilled over into other realms.

Housewives going toe to toe against police, kids hand painting their own picket signs, strikers chanting “Freedom! Freedom”: Labor’s New Millions brings to life all of this and much more. 

Labor's New Millions

By Mary Heaton Vorse,

Why should I read it?

1 author picked Labor's New Millions as one of their favorite books, and they share why you should read it.

What is this book about?

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.

This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and…


5 book lists we think you will like!

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