100 books like The Three Dimensions of Freedom

I’ve been studying money since the early 1980s, when my dissertation advisor—the late and great Hyman Minsky—warned me not to do “Genesis”, origins stories of money. But I couldn't resist. I'm one of the founders of Modern Money Theory (MMT), an approach developed over the past three decades that has garnered tens of thousands of followers and earned the hatred of the elite. And, yet, those who know how money really works—or who embrace public policy pursuing the public interest (Bernie Sanders, Alexandria Ocasio-Cortez), and even central bankers—have admitted that government cannot run out of money. I’ve written hundreds of academic papers, more blogs, many books, and given hundreds of interviews presenting the MMT alternative.

I have been reading, researching, and writing on the limitations of market capitalism and the unique and important role of government in meeting public needs for almost 30 years. I have come to firmly believe that we can’t – as a nation and planet – solve our most pressing problems without rebuilding trust in government and the capacity and authority of governing institutions. We can’t eliminate poverty, eradicate structural racism, protect our environment and the planet without democratic institutions that have the power to do so. We need markets, but transferring too much power to the market has created many of the problems we face today. 

I trained as a chartered public finance accountant because I have a mathematics degree and I wanted to work in public service. After 20 years of that I became a freelance consultant and got into teaching public financial management after volunteering for a project in South Sudan. I have taught here in the UK and in other countries, including Kazakhstan, South Sudan, Uganda, and Sri Lanka. The lack of a good textbook about managing public money that was not aimed at accountants led me to write one in 2010. The third edition of it will be published in 2023. (I am still waiting for my novel to find a publisher.)

I trained as a chartered public finance accountant because I have a mathematics degree and I wanted to work in public service. After 20 years of that I became a freelance consultant and got into teaching public financial management after volunteering for a project in South Sudan. I have taught here in the UK and in other countries, including Kazakhstan, South Sudan, Uganda, and Sri Lanka. The lack of a good textbook about managing public money that was not aimed at accountants led me to write one in 2010. The third edition of it will be published in 2023. (I am still waiting for my novel to find a publisher.)

I’ve always been interested in human freedom, and both intrigued and cautious about the path offered by the libertarians. In my book, I finally worked out for my own benefit what is alive and what is dead in their ideals – and the various flavors in which those ideals are available. They have important insights, but too much of what they are selling is snake oil. Until now there hasn’t been any critical introduction to libertarianism for the general reader. This book aims to supply that.

My Democracy book was the summation of my views to that date (2018) on the strengths and weaknesses of democracy as a political system, in both its ancient and its modern forms. I’d been an activist and advocate of democracy since my undergraduate days (at Oxford, in the late 1960s – interesting times!). As I was writing the book the world of democracy suddenly took unexpected, and to me undesirable turns, not least in the United States and my own U.K. An entire issue of an English-language Italian political-philosophy journal was devoted to the book in 2019, and in 2021 a Companion to the reception of Athenian democracy in subsequent epochs was dedicated to me.

I’m a physicist who ended up doing their PhD in philosophy, because the “so what” question for me always was more interesting to answer than finding out how the physical world is changing. Working as a climate scientist I see how climate change and extreme weather devastate livelihoods on a daily basis. It makes me very aware I know nothing, but also that the philosophical and humanist ideas we build our societies upon are much more important to solve the climate crisis than physics and technology. One of the most important ones is to reclaim freedom and actually allow people to live good lives.

My Democracy book was the summation of my views to that date (2018) on the strengths and weaknesses of democracy as a political system, in both its ancient and its modern forms. I’d been an activist and advocate of democracy since my undergraduate days (at Oxford, in the late 1960s – interesting times!). As I was writing the book the world of democracy suddenly took unexpected, and to me undesirable turns, not least in the United States and my own U.K. An entire issue of an English-language Italian political-philosophy journal was devoted to the book in 2019, and in 2021 a Companion to the reception of Athenian democracy in subsequent epochs was dedicated to me.

I was initially drawn to economics as a way to understand and address global problems of poverty and hunger, like those I saw in Africa with the Peace Corps and later as a researcher. As my interests broadened toward environmental and other social problems, again I found that economics provides valuable insights about their causes and possible solutions. Economics is unfortunately often misunderstood and defined too narrowly: but as a social science, it encompasses a broad framework to comprehend individuals, families, cities, nations. It encompasses philosophical thought, normative questions, and intangibles like humans’ desire for respect. After decades as an economics professor I still find its insights fascinating and powerful.  

I have immersed myself in the study of seventeenth-century philosophy for almost forty years. Over that time, I have become particularly devoted to Spinoza. This is because, first, I think he got it all pretty much right; his views on religion, on human nature, and especially on what it is to lead a good life have always struck me as correct and relevant. You can be a Spinozist today, three and a half centuries after his death, and it would make perfect sense. Second, Spinoza is endlessly fascinating. I find that every time I read him⎯and I’ve been reading and re-reading him for a long time now⎯it gets more difficult. Just when you think you know him, there are always new questions that arise and new puzzles to solve.