The most recommended books on black markets

Who picked these books? Meet our 20 experts.

20 authors created a book list connected to black markets, and here are their favorite black market books.
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Book cover of Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency

Andrew Chow Author Of Cryptomania: Hype, Hope, and the Fall of Ftx's Billion-Dollar Fintech Empire

From my list on understanding crypto in 2024.

Why am I passionate about this?

Crypto’s rollercoaster journey has given rise to some of the most thrilling real-life tales of the last two decades. These tales teem with personal drama and reveal much larger truths: about our fractured global moment, about the ripple effects of well-intentioned technological systems, and about the massive divide between how we want society to function and how it actually does. 

As much as some people wish it dead, crypto is not going away any time soon. Many of its followers have adopted a religious-like belief that it will transform humanity and bring unlimited wealth to its followers; others simply believe it to be a good investment. Their collective trust in these strange digital currencies means that crypto will continue to shape the world in unpredictable ways. 

Andrew's book list on understanding crypto in 2024

Andrew Chow Why did Andrew love this book?

Like The Departed or No Country For Old Men, Andy Greenberg’s book is a cat-and-mouse thriller in which tireless law enforcement officials chase shrewd criminals across the globe, eventually revealing the horrifying human toll left in their wake.

The cryptocurrency industry isn’t synonymous with crime, but it has facilitated vast amounts of illegal activity. Greenberg, however, shows that the unique qualities of the blockchain have also made it shockingly easy for the feds to chase down their targets. 

By Andy Greenberg,

Why should I read it?

3 authors picked Tracers in the Dark as one of their favorite books, and they share why you should read it.

What is this book about?

From the award-winning author of Sandworm comes the propulsive story of a new breed of investigators who have cracked the Bitcoin blockchain, exposing once-anonymous realms of money, drugs, and violence. “I love the book… It reads like a thriller… These stories are amazing.” (Michael Lewis)

Over the last decade, a single innovation has massively fueled digital black markets: cryptocurrency. Crime lords inhabiting lawless corners of the internet have operated more freely—whether in drug dealing, money laundering, or human trafficking—than their analog counterparts could have ever dreamed of. By transacting not in dollars or pounds but in currencies with anonymous ledgers,…


Book cover of Deviant Globalization: Black Market Economy in the 21st Century

John Zarobell Author Of Art and the Global Economy

From my list on art and globalization.

Why am I passionate about this?

I am a professor of International Studies and a former museum curator. This combination provides me with a unique perspective not only on the inner workings of the art world, but the way that those practices map on to broader social, political, and economic transformations that occur as a result of globalization. This leads me, for example, to an assessment of how free-trade zones affect the art market. In past research, I have focused on colonialism and French art in the nineteenth century, so I am attuned to power imbalances between the center and the periphery and I am fascinated to see how these are shifting in the present.

John's book list on art and globalization

John Zarobell Why did John love this book?

This book tears the lid off the globalization conversation because, before this book, nobody had considered all of the ways that the tools of globalization, like transnational shipping and the geographical distribution of labor, could be used to commit international crimes.

According to the authors, globalization’s shadow hides in plain sight, whether we are discussing transnational Mexican cartels, the Dark Web, human trafficking through Eastern Europe, or wildlife smuggling.

One of the morals of this book is that there is always a dark side to success stories and also that the more we generate regulations to prevent unwanted activities, the more money someone is going to make by providing those services.

By Nils Gilman (editor), Jesse Goldhammer (editor), Steven Weber (editor)

Why should I read it?

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

What is this book about?

This collection of essays introduces the thriving illicit industries and activities within the global economy whose growth challenges traditional notions of wealth, power, and progress. Through essays contributed by leading experts and scholars, "Deviant Globalization" argues that far from being marginal, illicit activities are a fundamental part of globalization. Narcotrafficking, human trafficking, the organ trade, computer malware, transnational gangs are just as much artifacts of globalization as are CNN and McDonald's, free trade and capital mobility, accessible air travel and container shipping. In fact, almost every technology, process, and regulation that enables mainstream globalization is an enabler of deviant globalization.…


Book cover of Deutschland - April 1945

Ellen Feldman Author Of The Living and the Lost

From my list on the allied occupation of Germany.

Why am I passionate about this?

Surprisingly little has been written about the postwar Occupation of Germany by the US, UK, France, and USSR. Yet it was a crucial and colorful, one might say lurid, interval in recent history. Berlin, which is the setting of my novel, The Living and the Lost, was a latter day Wild West where drunken soldiers brawled; the desperate preyed on the unsuspecting; spies plied their trade; werewolves, as unrepentant Nazis were called, schemed to rise again; black markets peddled everything from drugs to sex; and forbidden fraternization between American G.Is and Frauleins was rampant. I did a great deal of research on the period and place. Here are five books that bring the world stunningly to life.

Ellen's book list on the allied occupation of Germany

Ellen Feldman Why did Ellen love this book?

Deutschland by Margaret Bourke-White paints a raw and wrenching portrait of Germany in the immediate aftermath of the war. The photographs of the suffering and destruction are shocking. The first-hand observations are immediate, occasionally wry, and cover everything from the black market; the relative appeal of American, British, and French soldiers to German girls; and social dancing classes.

Book cover of Off the Books: The Underground Economy of the Urban Poor

Johannes Lenhard Author Of Making Better Lives: Hope, Freedom and Home-Making among People Sleeping Rough in Paris

From my list on understanding poverty today, from the bottom up.

Why am I passionate about this?

I am an anthropologist and studied homelessness in Paris and London for the last decade. I was drawn into the world of people on the streets when I moved to London and started observing their parallel world. I spent almost a year with people on the street in London and two years in Paris. I volunteered in day centers, safe injection facilities, and soup kitchens and slept in a homeless shelter. Since I finished my first book on my observations in Paris, I have advised both policymakers on homelessness and written countless journalistic articles. My goal is always to provide a clearer picture of homelessness through the eyes of the people themselves. 

Johannes' book list on understanding poverty today, from the bottom up

Johannes Lenhard Why did Johannes love this book?

When I moved to London, I started noticing the ‘underground economy’ that happens on the big city’s sidewalks. When I read Venkatesh’s account of exactly this economy of sellers, hustlers, buskers, and people who beg in New York, I was hooked.

Right there, where we walk and shop ourselves, there are people living a parallel life. Sometimes, our lives overlap, but mostly we stay unconnected. This separation, our ‘looking away,’ is where the problems start. 

By Sudhir Alladi Venkatesh,

Why should I read it?

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

What is this book about?

In this revelatory book, Sudhir Venkatesh takes us into Maquis Park, a poor black neighbourhood on Chicago's Southside, to explore the desperate, dangerous and remarkable ways in which a community survives. We find there an entire world of unregulated, unreported, and untaxed work, a system of living off the books that is daily life in the ghetto. From women who clean houses and prepare lunches for the local hospital to small-scale entrepreneurs like the mechanic who works in an alley; from the preacher who provides mediation services to the salon owner who rents her store out for gambling parties; and…


Book cover of The Gardner Heist: The True Story of the World's Largest Unsolved Art Theft

Tim Maleeny Author Of Hanging the Devil

From my list on planning an art heist.

Why am I passionate about this?

I’ve always been fascinated by art, not just the paintings themselves but their historical significance, the personalities behind the canvas, and the seemingly arbitrary value placed on one artist’s work versus another. Writing my latest novel, Hanging the Devil, was a chance to delve into the illicit side of the art world, where forgers and smugglers consort with organized crime. I’ve been an award-winning mystery author for more than a decade—this is my sixth novel—and the great thing about writing crime fiction is the chance to get lost in the research and learn something new, so writing this novel was a great excuse to visit museums, talk to experts, and plan a heist!

Tim's book list on planning an art heist

Tim Maleeny Why did Tim love this book?

The biggest unsolved art crime is the 1990 robbery of the Isabella Gardner Museum in Boston, during which two men disguised as policemen stole 13 works of art worth an estimated $500 million.

Not one of the stolen paintings has been recovered, and rumors about their whereabouts and the identity of the thieves continue to fuel investigations across the globe. This book is a rapid-fire read and a terrific crash course in the many challenges involved in tracing lost art, let alone ever catching the thieves.

When writing a mystery novel that opens with an audacious museum heist in the very first chapter, it’s probably a good idea to research the biggest museum robbery in history. The Gardner heist shocked the art world and revealed how many museums around the world have shockingly bad security protocols relative to most office buildings, let alone a bank, even though priceless art is…

By Ulrich Boser,

Why should I read it?

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

What is this book about?

Shortly after midnight on March 18, 1990, two men broke into the Isabella Stewart Gardner Museum in Boston and committed the largest art heist in history. They stole a dozen masterpieces, including one Vermeer, three Rembrandts, and five Degas. But after thousands of leads, hundreds of interviews, and a $5 million reward, not a single painting has been recovered. Worth as much as $500 million, the missing masterpieces have become the Holy Grail of the art world and their theft one of the nation's most extraordinary unsolved mysteries. Art detective Harold Smith worked the theft for years, and after his…


Book cover of The Nine

Brandon Crilly Author Of Catalyst

From my list on fantasy where the gods (maybe) can’t be trusted.

Why am I passionate about this?

Pantheons and worship are elements of culture I’ve always found fascinating, partly from being a mostly secular person with relatives who are very religious. I read a lot of epic fantasy when I was younger that featured gods, like Erikson, and I love finding more recent works that play with how deities might affect a world, and vice versa. But I also picked some of the books below because they inject cli-fi or solarpunk into their worlds – something I’ve been adding to my second-world fantasy lately. Because why not create the same sort of aesthetic in other worlds? 

Brandon's book list on fantasy where the gods (maybe) can’t be trusted

Brandon Crilly Why did Brandon love this book?

This book was a serious inspiration for me when my debut novel was in an earlier draft. Tracy crafts this cool theology where “God” is a scientist and the world his Experiment, but not everyone agrees on whether that Experiment should be allowed to run free. What if God gets tired of playing and throws out the ant farm, or decide it’s not working…? The Nine centers on a motley-found family of characters, many of whom have rich backstories with each other that we get bits and pieces of, which is like catnip to me as a reader (and writer).

By Tracy Townsend,

Why should I read it?

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

What is this book about?

In the dark streets of Corma exists a book that writes itself, a book that some would kill for... Black market courier Rowena Downshire is just trying to pay her mother’s freedom from debtor's prison when an urgent and unexpected delivery leads her face to face with a creature out of nightmares. Rowena escapes with her life, but the strange book she was ordered to deliver is stolen. The Alchemist knows things few men have lived to tell about, and when Rowena shows up on his doorstep, frightened and empty-handed, he knows better than to turn her away. What he…


Book cover of Defy the Night

Holly Huntress Author Of Forbidden Waves

From my list on fantasy with multiple POV's for the storytelling.

Why am I passionate about this?

I have been writing formally since I started my first book in high school. Even then, I was writing with dual POVs. Having multiple perspectives throughout my stories has been essential to all my books. I believe it adds so much more than a single POV can, and I love the process of it. You must decide what each of the characters’ motivations, and defining characteristics are and relate them back to the story. My most recent novel, below, has four POVs, each of which is as important as the others.

Holly's book list on fantasy with multiple POV's for the storytelling

Holly Huntress Why did Holly love this book?

This was one of my all-time favorite book series. The world-building is well done without pulling you out of the story for being so in-depth or long. But the characters are what really made me fall in love with this story. Kemmerer uses multiple POVs for the main characters, so we get to be inside the heads of both Tessa and Prince Corrick, two very different characters in terms of their values and actions at the start. I love seeing the motivations of each of the characters; it makes me understand and connect with them even more.

Another POV is added later in the series, which helps elevate that book even more, lending to a different side of a character I had overlooked mostly in the beginning. This is one of the reasons I love multiple POVs: the more of the story I get, the more intriguing and exciting everything…

By Brigid Kemmerer,

Why should I read it?

1 author picked Defy the Night as one of their favorite books, and they share why you should read it. This book is for kids age 13, 14, 15, and 16.

What is this book about?

King Harristan rules Kandala with an iron fist. He's had to ever since he and his brother Prince Corrick inherited a kingdom on the verge of collapse after a deadly illness killed most of the population before a cure was found. The one thing keeping his people alive is also driving them apart . . . the cure, made from the nectar of a rare flower. As sickness lingers among the people of Kandala, a sharp divide has formed, as those who control access to the medicine live in luxury--while the rest live in suffering. The only way to keep…


Book cover of Stealing Rembrandts: The Untold Stories of Notorious Art Heists

Tim Maleeny Author Of Hanging the Devil

From my list on planning an art heist.

Why am I passionate about this?

I’ve always been fascinated by art, not just the paintings themselves but their historical significance, the personalities behind the canvas, and the seemingly arbitrary value placed on one artist’s work versus another. Writing my latest novel, Hanging the Devil, was a chance to delve into the illicit side of the art world, where forgers and smugglers consort with organized crime. I’ve been an award-winning mystery author for more than a decade—this is my sixth novel—and the great thing about writing crime fiction is the chance to get lost in the research and learn something new, so writing this novel was a great excuse to visit museums, talk to experts, and plan a heist!

Tim's book list on planning an art heist

Tim Maleeny Why did Tim love this book?

Rembrandt was incredibly prolific and well known in his lifetime, unlike so many artists whose fame only followed their deaths.

Both his reputation and the value of his paintings have continued to grow in the centuries since he died, so the combination of ubiquity and name recognition makes Rembrandt’s paintings particularly attractive to art thieves.

Quickly recognizable and easily appraised, a stolen Rembrandt is exactly the kind of black market currency professional criminals value most, whether using it for collateral during a deal, holding it for ransom until the museum pays, or selling it illicitly to a private collector.

One of the stolen masterpieces in my novel is a Rembrandt, so this book was invaluable in understanding the ambition and scope of modern art crimes. The problem of profiting off something that everyone knows is stolen turns out to be a minor challenge if you know the perfidious players working…

By Anthony M. Amore, Tom Mashberg,

Why should I read it?

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

What is this book about?

Art security expert Anthony M. Amore and award-winning investigative reporter Tom Mashberg reveal the actors behind the major Rembrandt heists in the last century. Through thefts around the world - from Stockholm to Boston - the authors track daring entries and escapes from the world's most renowned museums. There are robbers who coolly walk off with multimillion dollar paintings; self-styled art experts who fall in love with the Dutch master and desire to own his art at all costs; and international criminal masterminds who don't hesitate to resort to violence.


Book cover of Ain't No Makin' It: Aspirations and Attainment in a Low-Income Neighborhood

Karen A. Cerulo Author Of Dreams of a Lifetime: How Who We Are Shapes How We Imagine Our Future

From my list on understanding how social inequality impacts hopes and dreams, not simply opportunities.

Why am I passionate about this?

I have spent an entire career, via reading, research, and teaching, helping people realize their dreams. For me, it represents “paying it forward,” thanking those who helped a girl from an ethnic, working-class background become an internationally recognized scholar. Studying optimism and goal-seeking has taught me that dreaming and optimism are important—but they are simply not enough to move someone forward. Dreams must become projects motivated by mentoring, planning, and hard work. Not everyone has those resources available to them. The curse of social inequality can indeed destroy hopes and dreams in the very early lives of the socially disadvantaged—with devastating consequences for society as a whole. 

Karen's book list on understanding how social inequality impacts hopes and dreams, not simply opportunities

Karen A. Cerulo Why did Karen love this book?

I like this book because it’s raw and real.

We hear everyday voices telling us their true feelings, telling us whether they even dare to dream and whether they believe they can accomplish their dreams. We see first-hand how social inequality can, for some, destroy hopes and dreams for the future and replace those hopes and dreams with desperation and resentment.

By Jay MacLeod,

Why should I read it?

2 authors picked Ain't No Makin' It as one of their favorite books, and they share why you should read it.

What is this book about?

This classic text addresses one of the most important issues in modern social theory and policy: how social inequality is reproduced from one generation to the next. With the original 1987 publication of Ain't No Makin' It, Jay MacLeod brought us to the Clarendon Heights housing project where we met the 'Brothers' and the 'Hallway Hangers'. Their story of poverty, race, and defeatism moved readers and challenged ethnic stereotypes. MacLeod's return eight years later, and the resulting 1995 revision, revealed little improvement in the lives of these men as they struggled in the labor market and crime-ridden underground economy. The…


Book cover of Roadside Picnic: Volume 16

Martin Ash Author Of The Orb Undreamed

From Martin's 3 favorite reads in 2024.

Why am I passionate about this?

Author Traveller Nature-lover Gamer Dreamer

Martin's 3 favorite reads in 2024

Martin Ash Why did Martin love this book?

Extraordinary SF noir. The novel that inspired Tartovsky’s classic 1979 film Stalker and the recent S.T.A.L.K.E.R videogame series from GSC Game World.

In a twist on the more usual First Contact trope, aliens have visited Earth then departed after a short stopover, deeming us irrelevant, too insignificant to bother with. In their wake they have left a mysterious wasteland known as the Zone. Perilous, largely toxic, off-limits to humans - among other anomalies, natural laws have been weirdly distorted and human DNA may be altered, with disturbing consequences. Here, it seems, the Visitors have dumped their trash – alien artefacts beyond human understanding but which we might possibly learn to make use of.

Redrick Schuhart is a misfit and a stalker, a scavenger proficient in illegally entering the Zone to retrieve and sell on the black market some of the strange tech the Visitors have discarded. Haunted by his past,…

By Arkady Strugatsky, Boris Strugatsky, Olena Bormashenko (translator)

Why should I read it?

4 authors picked Roadside Picnic as one of their favorite books, and they share why you should read it.

What is this book about?

Red Schuhart is a stalker, one of those young rebels who are compelled, in spite of extreme danger, to venture illegally into the Zone to collect the mysterious artifacts that the alien visitors left scattered around. His life is dominated by the place and the thriving black market in the alien products. But when he and his friend Kirill go into the Zone together to pick up a “full empty,” something goes wrong. And the news he gets from his girlfriend upon his return makes it inevitable that he’ll keep going back to the Zone, again and again, until he…


Book cover of Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency
Book cover of Deviant Globalization: Black Market Economy in the 21st Century
Book cover of Deutschland - April 1945

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