The most recommended economics books

Throughout my academic career, my chief scholarly interest has been to assess public policy using coherent theory and rigorous empirical method. The economics of crime and justice offers a powerful framework for achieving these ends.

I'm addicted to discovering what lies within the unknown. The biggest mystery, I believe, that baffles us today is not necessarily what lies at the edge of the universe but what lives within this one here. I enjoy attempting to solve large problems and if I can’t compute a result at least understand what the problem suggests. In the realm of the unknown, I'm an expert of nothing. In hours of research and reading and writing, one comes to a point in their process of learning with the realization that it does not matter how much one learns, there will always be that much more, logarithmically multiplied exponentially by the rate of acceleration, to learn.

I am a Full Professor and Lab Director in Economics. My interest in this field began when I traveled abroad and observed the differences in prices, goods, and quality of life. In order to gain a deeper understanding, I decided to switch from my previous academic background in Engineering, Mathematics & Physics to Economics, Finance & Data Science. Today, I am dedicated to expanding my knowledge and sharing my insights through teaching, academic publications, and LinkedIn posts. According to the latest rankings, I am humbled to be among the top 3% most productive economists worldwide (IDEAS-RePec, 2023), as well as being ranked among the top 4% researchers in Financial Economics, and the top 5% in Econometrics (Researchgate, 2023).

I wrote a book on Limits. Limits is the core question of modern environmentalism. But I want to break environmentalism out of the grip of Malthusianism and a set of ideas about our world as being inherently limited, that have delegated us environmentalists to party-pooping prophets of doom. I want to reclaim a radical notion of self-limitation which is what makes the environmentalist movement unique – a claim that a free life worth living is a life lived within limits, a simple life so that others may simply live. It is not the planet that is asking us to limit ourselves, but we that desire it.

I became passionate about the Mexico/US border question after meeting someone who is now a close friend, a Mexican academic who introduced me to some of the issues. She helped me write Saint Death as a way to explore the politics of ultra-capitalism, in the form of multinational business, and the action of drug cartels.

Inequality and fairness are basic issues in human conflict and cooperation that have long fascinated me. Growing up in Louisville, Kentucky, I was confronted with the extreme racial segregation of schools and neighborhoods. My Catholic upbringing taught me to cherish the cardinal virtues of justice, wisdom, courage, and temperance, and my education in political economy taught me that markets can fairly and efficiently allocate resources, when legal power is evenly shared. My formal education culminated in a Ph.D. in Public Affairs from Princeton University, which led me to my current roles: Non-resident Senior Fellow at the Brookings Institution and Principal Economist at Gallup. I care deeply about the social conditions that create cooperation and conflict.

I’m a journalist and a tinkerer. I’m fascinated not only by how things work but by how small levers can move mountains. Growing up in the workshop of my grandfather, an old Boston boatwright, I was mesmerized by the idea that a small rudder could maneuver a huge vessel. In college, I fell in love with how a small idea or expression could redirect a course of research or a country. As a self-taught maker of things, I appreciate how technologies empower us. I’ve chosen these books because they’re examples of how small ideas become things, lines of research, or patterns of thinking that shift human progress in unknowable ways.

I’m an economist, now in my fiftieth year as a professor at Harvard. While much of my work has focused on economic policy – questions like the effects of government budget deficits, guidelines for the conduct of U.S. monetary policy, and what actions to take in response to a banking or more general financial crisis – in recent years I’ve also addressed broader issues surrounding the connections between economics and society. Several years ago, in The Moral Consequences of Economic Growth, I examined the implications of our economy’s growth, or stagnation, for the social, political, and ultimately moral character of our society. My most recent book explores the connections between economic thinking and religious thinking.

I am a writer and a sociologist of money. I am passionate about money, relationships, and family violence, because I know from my research that talking about money opens up intimate conversations about the way people see themselves, their aspirations and hopes. Sometimes through hearing other people’s stories I have found mine. I realised while researching family violence that I too had suffered economic abuse. For me too economic abuse was ‘hidden in plain sight’. One of the most meaningful things for me is to help women and men overcome family violence and empower themselves to live with freedom.  

Over my two decades as a scholar of American foreign policy and international politics, I had multiple opportunities to serve as a Latin America foreign policy aide. Given that Latin America plays a central role in the U.S.-hatched modern war on drugs, much of my policymaking was directly or indirectly tied to drug policy. I thus wrote Drugs and Thugs above all to make sure that I had a good sense of the history of this seemingly eternal conflict, one that is “fought” as much at home as abroad.