The most recommended books about economic planning

Who picked these books? Meet our 15 experts.

15 authors created a book list connected to economic planning, and here are their favorite economic planning books.
When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

What type of economic planning book?

Loading...

Book cover of By All Means Necessary: How China's Resource Quest is Changing the World

Scott B. Macdonald Author Of The New Cold War, China, and the Caribbean: Economic Statecraft, China and Strategic Realignments

From my list on beach reads in an international relations hurricane.

Why am I passionate about this?

My expertise in Caribbean and Chinese affairs derives from having an interest in the two regions since college, which was then pursued through a MA in Asian Studies from the University of London’s School of Oriental and African Studies and Ph.D. in Political Science from the University of Connecticut. On the employment front, I worked for 3 regional banks (as an international economist), the Office of the Comptroller of the Currency, Credit Suisse, Donaldson, Lufkin & Jenrette, KWR International, and Aladdin Capital Management (as head of Credit and Economics Research) and Mitsubishi Corporation. Since I left Mitsubishi I returned to my two favorite interests, Asia and the Caribbean. 

Scott's book list on beach reads in an international relations hurricane

Scott B. Macdonald Why did Scott love this book?

China experts Economy and Levi wrote one of the more far-seeing books on the internationalization of China’s development and its use of economic statecraft to secure access to strategic resources, ranging from oil and gas to agricultural goods and minerals (like copper, nickel, and cobalt). Although the book was published in 2014, it has held up well, especially in that China’s quest for energy, minerals, land, and water, pursued through a mix of investment, political and military means is fundamentally changing the world. At the same time, China’s resource hunt is also changing the Asian giant, forcing it to adopt to changing global power dynamics.  

By Elizabeth C. Economy, Michael Levi,

Why should I read it?

1 author picked By All Means Necessary as one of their favorite books, and they share why you should read it.

What is this book about?

In the past thirty years, China has transformed from an impoverished country where peasants comprised the largest portion of the populace to an economic power with an expanding middle class and more megacities than anywhere else on earth. This remarkable transformation has required, and will continue to demand, massive quantities of resources. Like every other major power in modern history, China is looking outward to find them.

In By All Means Necessary, Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth. China is now engaged in a…


Book cover of Chasing Innovation: Making Entrepreneurial Citizens in Modern India

Mircea Raianu Author Of Tata: The Global Corporation That Built Indian Capitalism

From my list on capitalism in 21st century India.

Why am I passionate about this?

I'm a historian of global capitalism and South Asia, writing about corporations as they are and how they could be. I've looked at India with the eyes of an outsider, drawing on my experiences growing up in 1990s Eastern Europe during a time of political upheaval and shock privatizations as the old communist order crumbled. Having witnessed the rise of a new class of monopolists and oligarchs in its stead, I became interested in the many different ways capitalists exercise power in society over time and around the world, and how we as ordinary citizens relate to them. I'm now interested in thinkers, activists, and entrepreneurs who have tried to experiment with alternatives

Mircea's book list on capitalism in 21st century India

Mircea Raianu Why did Mircea love this book?

A key aspect of the “India story,” as described on the macro level by Kaur, is entrepreneurship and the ethos of jugaad (innovating by making do). The idea of India as the new Silicon Valley has captured the global imagination, while the creative use of technology promises to solve longstanding social and economic problems within the country. Lilly Irani’s study questions the dominant framework of “entrepreneurial citizenship” among the new middle classes and the centrality of design practice to India’s current development model. This is another stellar example of interdisciplinary scholarship, based on ethnographic fieldwork at a Delhi design studio and drawing on the author’s background in computer science. 

By Lilly Irani,

Why should I read it?

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

What is this book about?

A vivid look at how India has developed the idea of entrepreneurial citizens as leaders mobilizing society and how people try to live that promise

Can entrepreneurs develop a nation, serve the poor, and pursue creative freedom, all while generating economic value? In Chasing Innovation, Lilly Irani shows the contradictions that arise as designers, engineers, and businesspeople frame development and governance as opportunities to innovate. Irani documents the rise of "entrepreneurial citizenship" in India over the past seventy years, demonstrating how a global ethos of development through design has come to shape state policy, economic investment, and the middle class…


Book cover of Our Common Wealth: The Return of Public Ownership in the United States

Keith Harrison-Broninski Author Of Supercommunities: A handbook for the 21st century

From my list on how community can save society.

Why am I passionate about this?

I studied Mathematics – the art of solving a problem by making it as general as possible, then attacking it with a combination of different techniques. By profession, I am a technologist, but the problem that interested me wasn’t technical – I wanted to know why, when most people are basically well-meaning, the world was in such a mess! Early on in my career, I came to believe that better collaboration was part of the answer. Later, I saw how you also needed the right kind of communities. Along the way, I’ve learned a lot about psychology, biology, systems theory, learning theory, anthropology, history, management, economics, finance, and more. I’m still learning.

Keith's book list on how community can save society

Keith Harrison-Broninski Why did Keith love this book?

It always seemed to me that public ownership could be a way to unlock better use of resources, and didn’t believe it was the same as Soviet-style economic planning. But I didn’t really know what it did mean!  So, I bought Hanna’s book as soon as it came out in 2018, and wasn’t disappointed. He is Research Director at the Democracy Collaborative, and shows by example how public ownership comes in many varieties. He debunks the myths about it being worse than corporate or private ownership, showing how it can be more efficient and effective. Read this to see how public ownership in one form or another is a sensible and pragmatic option that can help address the really big social challenges such as inequality, sustainability, and fragility.

By Thomas M. Hanna,

Why should I read it?

1 author picked Our Common Wealth as one of their favorite books, and they share why you should read it.

What is this book about?

Public ownership is more widespread and popular in the United States than is commonly understood. This book is the most comprehensive and up-to-date analysis of the scope and scale of U.S. public ownership, debunking frequent misconceptions about the alleged inefficiency and underperformance of public ownership and arguing that it offers powerful, flexible solutions to current problems of inequality, instability, and unsustainability- explaining why after decades of privatization it is making a comeback, including in the agenda of Jeremy Corbyn's Labour Party in Britain. Hanna offers a vision of deploying new forms of democratized public ownership broadly, across multiple sectors, as…


Book cover of Unveiling the North Korean Economy: Collapse and Transition

Stephan Haggard and Marcus Noland Author Of Witness to Transformation: Refugee Insights Into North Korea

From my list on the North Korean economy.

Why are we passionate about this?

We teamed up about fifteen years ago around a common interest in the political economy of North Korea; Haggard is a political scientist, Noland an economist. Both of us had spent our careers focused on Asia but looking largely at the capitalist successes: Japan and the newly industrializing countries of Korea, Taiwan, and Southeast Asia. But what about the anomalous cases in the region that did not get on the growth train? The “Asian miracle” was hardly ubiquitous…what had gone wrong? North Korea was clearly the biggest puzzle, and we ended up researching and writing on the famine, refugees, and the complexities of international sanctions. 

Stephan and Marcus' book list on the North Korean economy

Stephan Haggard and Marcus Noland Why did Stephan and Marcus love this book?

For those with some economics background and willing to do their homework, Kim’s book is the state of the art. He has sorted through all the shards of data out there—on prices, output, and trade--and pulled them together into a compelling mosaic. Of particular interest is his discussion of possible transition paths--were the regime to change course--as well as the possibility that the system might come crashing down altogether.

By Byung-Yeon Kim,

Why should I read it?

1 author picked Unveiling the North Korean Economy as one of their favorite books, and they share why you should read it.

What is this book about?

North Korea is one of the most closed and secretive societies in the world. Despite a high level of interest from the outside world, we have very little detailed information about how the country functions economically. In this valuable book for both the academic and policy-making circles, Byung-Yeon Kim offers the most comprehensive and systematic analysis of the present day North Korean economy in the context of economic systems and transition economics. It addresses what is really happening in the North Korean economy, why it has previously failed, and how the country can make the transition to a market economy.…


Book cover of Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World

Raphael Sassower Author Of The Quest for Prosperity: Reframing Political Economy

From my list on moving beyond capitalism.

Why am I passionate about this?

My interest in political economy dates back to my student years where I combined the study of the history of political economy, economics, and philosophy. Whether apologists or critics of capitalism, both groups appreciate the centrality of economic exchange among people who live in communities where absolute autonomy and self-sufficiency are unattainable. My concern with reframing political economy is also informed by the all too hushed scandal of capitalism, namely, the reliance on slavery for the accumulation of wealth for more than a century after the establishment of the USA. The reckoning with this atrocity animates much of my present thinking about political economy in general and capitalism in particular.  

Raphael's book list on moving beyond capitalism

Raphael Sassower Why did Raphael love this book?

In an accessible language and with multiple real-life examples, Madrick systematically critically engages every humdrum idea of principle attributed to the presumed success of capitalism. Following to a great extent Karl Marx’s lead on the self-destruction of the economic system we call capitalism, Madrick updates the critique to the 21st century and shows, time and again, why capitalism is not only prone to recessions and depressions but will bring about its own demise.

By Jeff Madrick,

Why should I read it?

1 author picked Seven Bad Ideas as one of their favorite books, and they share why you should read it.

What is this book about?

A bold indictment of some of our most accepted mainstream economic theories—why they’re wrong, and how they’ve been harming America and the world.

Budget deficits are bad. A strong dollar is good. Controlling inflation is paramount. Pay reflects greater worker skills. A deregulated free market is fair and effective. Theories like these have become mantras among American economists both liberal and conservative over recent decades. Validated originally by patron saints like Milton Friedman, they’ve assumed the status of self-evident truths across much of the mainstream. Jeff Madrick, former columnist for The New York Times and Harper’s, argues compellingly that a…


Book cover of The Russian Economy: A Very Short Introduction

Andrew Monaghan Author Of Russian Grand Strategy in the Era of Global Power Competition

From my list on Russia and why the Kremlin does what it's doing.

Why am I passionate about this?

I’ve always been fascinated by different cultures. I started to learn Russian in 1998, and intrigued by the language, I began to study Russia more—delving into history and politics and then doing a PhD in Russian foreign policy. Ever since, trying to learn about and understand Russia has been my professional focus. Alongside books in Russian, these books are all to hand on my reference shelf, well-thumbed and marked up, as I try to write my own work. I hope you enjoy them as much as I have! 

Andrew's book list on Russia and why the Kremlin does what it's doing

Andrew Monaghan Why did Andrew love this book?

The strength and resilienceor notof the Russian economy is one of the most important questions in international affairs since Moscow’s invasion of Ukraine in February 2022: policymakers and observers alike are asking what effects the wide-ranging sanctions are having, and whether the Russian economy will implode, thwarting Moscow’s aggression. I’m not an economist so I need help understanding this, and I found this book to be the best introduction to this complex and difficult subject. Connolly also wrote a fine book on the impact of sanctions on Russia since 2014, but I think this one gives a concise and accessible assessment of the Russian economy as a whole, the role of the state, and Moscow’s attempted diversification of economic partners and integration into the global economy.

By Richard Connolly,

Why should I read it?

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

What is this book about?

Russia today is as prominent in international affairs as it was at the height of the Cold War. Yet the role that the economy plays in supporting Russia's position as a 'great power' on the international stage is poorly understood. For many, Russia's political influence far exceeds its weight in the global economy. However, Russia is one of the largest economies in the world; it is not only one of the world's most important exporters of oil and gas, but also of other
natural resources, such as diamonds and gold. Its status as one of the largest wheat and grain…


Book cover of Brand New Nation: Capitalist Dreams and Nationalist Designs in Twenty-First-Century India

Mircea Raianu Author Of Tata: The Global Corporation That Built Indian Capitalism

From my list on capitalism in 21st century India.

Why am I passionate about this?

I'm a historian of global capitalism and South Asia, writing about corporations as they are and how they could be. I've looked at India with the eyes of an outsider, drawing on my experiences growing up in 1990s Eastern Europe during a time of political upheaval and shock privatizations as the old communist order crumbled. Having witnessed the rise of a new class of monopolists and oligarchs in its stead, I became interested in the many different ways capitalists exercise power in society over time and around the world, and how we as ordinary citizens relate to them. I'm now interested in thinkers, activists, and entrepreneurs who have tried to experiment with alternatives

Mircea's book list on capitalism in 21st century India

Mircea Raianu Why did Mircea love this book?

We start at the top with the Indian nation-state itself and how it has been turned into a brand. What lies behind the narrative of “emerging” economies as attractive destinations for foreign investors? Where does it come from and who does it serve? Establishing a persuasive link between identity politics, populist nationalism, and global capital, Ravinder Kaur offers a model of critical interdisciplinary scholarship on the present. From the World Economic Forum in Davos to the corridors of power in Delhi, Kaur’s interviews shed light on how Indian elites think of themselves in the world (and how this differs radically from the postcolonial dream of non-alignment and social democracy). The close reading of the “Incredible India” publicity campaign is especially innovative, bringing together visual analysis and political economy. 

By Ravinder Kaur,

Why should I read it?

1 author picked Brand New Nation as one of their favorite books, and they share why you should read it.

What is this book about?

A Financial Times Best Book of the Year

The first book that examines India's mega-publicity campaigns to theorize the global transformation of the nation-state into an attractive investment destination.

The early twenty-first century was an optimistic moment of global futures-making. The chief narrative was the emergence of the BRICS nations-leading stars in the great spectacle of capitalist growth stories, branded afresh as resource-rich hubs of untapped talent and potential, and newly opened up for foreign investments. The old third-world nations were rapidly embracing the script of unbridled capitalism in the hope of arriving on the world stage. If the tantalizing…


Book cover of Oil Wealth and the Poverty of Politics: Algeria Compared

Dalia Ghanem Author Of Understanding the Persistence of Competitive Authoritarianism in Algeria

From my list on the North African version of North Korea: Algeria.

Why am I passionate about this?

I hold a doctorate in political science and am an expert on Algeria. I was a senior scholar at Carnegie for ten years before I joined the European Union Institute for Security Studies (EUISS), the EU's official think tank. I was born in Algeria, where I grew up. When I was fourteen, between 22-23 September 1997 the massacre of Bentalha took place while I was living in Algeria, and I became obsessed with that massacre. This obsession led me ten years later to write a Ph.D. on that bloody page of Algerian history, political violence, and jihadism. Eventually, my expertise encompassed all of Algeria's political, social, and economic developments. 

Dalia's book list on the North African version of North Korea: Algeria

Dalia Ghanem Why did Dalia love this book?

In this book, Lowi examines why Algeria's domestic political economy disintegrated in the mid-1980s and how the regime eventually reclaimed power and hegemony. Miriam Lowi discusses the significance of leadership decisions for political outcomes and extends her theory to explain the diversity in stability among oil-exporting states in response to economic shocks. Comparing Algeria to Iran, Iraq, Indonesia, and Saudi Arabia, she inquires as to why certain regimes fail and endure regime change while others remain stable or are able to regain stability after a time of turmoil.

By Miriam R. Lowi,

Why should I read it?

1 author picked Oil Wealth and the Poverty of Politics as one of their favorite books, and they share why you should read it.

What is this book about?

How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while…


Book cover of The Road to Serfdom

Andrew Koppelman Author Of Burning Down the House: How Libertarian Philosophy Was Corrupted by Delusion and Greed

From my list on libertarian philosophy.

Why am I passionate about this?

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.

Andrew's book list on libertarian philosophy

Andrew Koppelman Why did Andrew love this book?

The classic exposition of the idea that central governmental economic planning will inevitably be wasteful and tyrannical. Hayek today is caricatured by both right and left, but he is not the minimal state absolutist that both sides often take him to be. Hayek thinks that the way to attack poverty is not redistribution – there isn’t yet enough wealth in existence to give everyone a decent life – but the opportunities created by free markets. Another impetus for my own work was reading this book and discovering that I agreed with him much more than I had expected to. 

By F. A. Hayek, Bruce Caldwell (editor),

Why should I read it?

3 authors picked The Road to Serfdom as one of their favorite books, and they share why you should read it.

What is this book about?

An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics, "The Road to Serfdom" has inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in 1944 - when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program - "The Road to Serfdom" was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but…


Book cover of Mission Economy: A Moonshot Guide to Changing Capitalism

Sarah Kaplan Author Of The 360° Corporation: From Stakeholder Trade-Offs to Transformation

From my list on stakeholder capitalism.

Why am I passionate about this?

Sarah Kaplan is Distinguished Professor and Director of the Institute for Gender and the Economy at the University of Toronto’s Rotman School of Management. She is the author of the bestseller Creative Destruction: Why Companies That Are Built to Last Underperform the Market—And How to Successfully Transform Them and The 360º Corporation: From Stakeholder Trade-offs to Transformation, both address the challenges of innovation and organizational change in society. She frequently speaks and appears in the media on topics related to achieving a more inclusive economy and corporate governance reform. Formerly a professor at the Wharton School and a consultant at McKinsey & Company, she earned her PhD at MIT’s Sloan School of Management.

Sarah's book list on stakeholder capitalism

Sarah Kaplan Why did Sarah love this book?

Mazzucato’s timely book offers a hopeful look into the possibilities for companies, governments, and civil society to work together to solve the world’s grand challenges. Inspired by the original moonshot program that mobilized the public and private sectors on a massive scale to take risks and experiment with innovative solutions to a previously unsolved problem, she pushes all of us to think boldly about the possibilities for transformative change. To do so, we’ll need to bust myths that impede progress such as the idea that businesses are the only entities that create value and governments are only there to de-risk and address market failures.

The increasingly popular ideas that governments need to run like businesses and save taxpayer money by outsourcing actually strip public policymakers of the tools they need to spur innovation. With examples of a Green New Deal, accessible health care, and narrowing the digital divide, Mission Economy…

By Mariana Mazzucato,

Why should I read it?

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

What is this book about?

Longlisted for the 2021 Porchlight Business Book Awards, Big Ideas & New Perspectives

“She offers something both broad and scarce: a compelling new story about how to create a desirable future.”—New York Times

 An award-winning author and leading international economist delivers a hard-hitting and much needed critique of modern capitalism in which she argues that, to solve the massive crises facing us, we must be innovative—we must use collaborative, mission-oriented thinking while also bringing a stakeholder view of public private partnerships which means not only taking risks together but also sharing the rewards. 

Capitalism is in crisis. The rich have…


Book cover of By All Means Necessary: How China's Resource Quest is Changing the World
Book cover of Chasing Innovation: Making Entrepreneurial Citizens in Modern India
Book cover of Our Common Wealth: The Return of Public Ownership in the United States

Share your top 3 reads of 2024!

And get a beautiful page showing off your 3 favorite reads.

1,596

readers submitted
so far, will you?