97 books like The Tyranny of Merit

Robert Putnam and Shaylyn Romney Garrett provide an analysis of the past 125 years of American history that makes a significant contribution to the growing movement to reform American Society. They carefully analyze trends in American life in a way that delineates the tangle of problems we are currently experiencing while at the same time offering hope that we can overcome them. The essence of their analysis is that across a wide variety of societal indicators, the past century and a quarter has involved an upswing in prosocial or communitarian norms and practices, beginning in the progressive era of the early twentieth century. That was followed by a reversal toward less communitarian and more individualistic and self-centered norms and practices.

This one does not follow children from childhood to adulthood, but rather reveals how 100s of years ago events occurred that radically changed who people interacted with, married and spent their lives relating to.

It is a bold, strikingly original, and epic account of how the co-evolution of psychology and culture created the peculiar Western mind that profoundly shaped the modern world. While Nature matters, what this volume made clear to me is how “big Nurture”, meaning cultural practices, have changed over the past 1,000 years and the dramatic implications of such change for the world we live in today.

US economist Frank Knight is credited with distinguishing uncertainty from risk back in 1921. Yet the two are often conflated.

Kay (an eminent economist) and King (a former Governor of the Bank of England) argue powerfully that the distinction does matter. They range widely across macroeconomics, politics, and consumer choices to show why reducing the future to a set of numbers (probabilities) creates a false – and often disastrous – illusion of power over future outcomes.

They argue that instead we should aim to make decisions that stand a reasonable chance of being robust against unknowable, as well as forecastable, paths that the future might take. That’s very much the ethos of my own books: building in resilience is a key part of successful personal financial planning.

If we want to reimagine capitalism as a system that does not destroy the planet and destabilize society, this must be enabled by corporations changing the way that they operate. Henderson’s Reimagining Capitalism gives us some principles for thinking about how to do this. A long-time innovation scholar, Henderson draws on her knowledge about how to succeed at organizational change to propose a more purpose-driven model of corporate action. Using numerous case studies of companies that have (partially) succeeded and those that have failed, she animates a number of principles for change. To start, such a model will require new metrics for social and environmental impact. This would involve more collaborative engagement amongst stakeholders to grow the economic pie and amongst companies to self-regulate in a more sustainable manner.

Particularly refreshing, at the end of the book, Henderson connects the macro conversation about economic and corporate change with a discussion… show more.

A comedy that exposes “prize-based meritocracy” in the literary profession, where prizes lead to best-sellers, where sponsors influence outcomes to promote their own image instead of works of artistic merit, and where writers sell their souls, and bodies, for that elusive prize. The literary stereotypes are present: nymphomaniacal ingenues, insomniacal agonizers, paradoxical theorists, opportunistic editors, and self-published authors with money to burn – all weaving and bobbing around each other to gain personal advantage.

St. Aubyn presents this story in elegant prose, moving the plot brilliantly, while exposing the underbelly of the literary establishment, in which the result of all this finagling is mediocrity.

What happens when you take the meritocracy to extremes and you can only access the best of food and housing etc when your Q is the highest? Dalcher creates an interesting future world, damning of social engineering and genetic manipulation, and reminds us that it was less than a hundred years ago that certain war-hungry fellas (and a few women) salivated over thoughts of a perfect Aryan race. A great page-turner but with a few ‘Deus ex Machina' plot twists with which I’m still struggling. Nevertheless a very worthy read.

In this book, Ray Dalio shares the invaluable knowledge he has gathered throughout his career.

He believes that principles of life, management, economics, and investing can all be systematized and understood like machines. With hundreds of practical lessons that revolve around his principles of "radical truth" and "radical transparency," Dalio highlights the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams.

He also describes the innovative tools that his firm uses to bring idea meritocracy to life, including "baseball cards" for employees that distill their strengths and weaknesses and computerized decision-making systems that make believability-weighted decisions.

While the book provides novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter their goal.

Would you rather that your local football team or even the national team was selected through family ties or political connections? How did meritocracy—the idea that people should be advanced according to their talents rather than their birth—become the world's ruling ideology? Why is meritocracy now under attack from both right and left? Adrian Wooldridge shows what transformative effects it has had everywhere it has been adopted, especially once women were brought into the meritocratic system. He also shows how meritocracy has now become corrupted and argues that the recent stalling of social mobility is the result of the failure to complete the meritocratic revolution. Rather than abandoning meritocracy, he says, we should call for its renewal.

This book provides a very broad survey of trends that are likely to affect our collective future and actions that can be taken to achieve desirable ends.

He is especially good in his coverage of technological developments. Though technology is changing very rapidly, I still found the book to be full of great insights into what trends to watch and what to do about them

Adam is one of the foremost reporters to cover the art market and has worked for the Financial Times and the Art Newspaper.
In her second book on the art market, she dives into the unsightly domain of the global art world, including speculation, forgery, art as an asset class, and freeports, the secret offshore warehouses where the rich stash their treasures tax-free. Her unique approach, focusing on classic categories such as supply, demand, and price among others brings a refreshing approach to the changing nature of the art market.