The most recommended political economy books

Who picked these books? Meet our 22 experts.

22 authors created a book list connected to the political economy, and here are their favorite political economy books.
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Book cover of Dumping In Dixie: Race, Class, And Environmental Quality

James Tabery Author Of Tyranny of the Gene: Personalized Medicine and Its Threat to Public Health

From my list on the environment and health.

Why am I passionate about this?

I’m a philosopher fascinated by science and its relationship to society, who science benefits and who it harms; why scientists get some things right and some things wrong; and which scientific results make their way into the physician’s office, the courtroom, and the school textbook. Science impacts all facets of our lives: our health, our relationships with others, and our understanding of our place in our community and in the universe. I’ve spent decades investigating this relationship between science and society; these are some of the books I’ve found most influential in thinking about how we, as humans, impact the environment around us, which in turn circles back and impacts us.  

James' book list on the environment and health

James Tabery Why did James love this book?

This is it. The book that launched the environmental justice movement.

Scientists today frequently talk about environmental racism, about the way that harmful substances in our environments are not distributed randomly but instead disproportionately on communities of color, which in turn takes an enormous toll on the health of people living in those communities.

It was this book that forcefully made the case for seeing this phenomenon through the lens of civil rights. It exposed the widespread and systemic nature of environmental racism and made the case for responding to it with all the concepts, collective action, and policy strategies of the civil rights movement.  

By Robert Bullard,

Why should I read it?

2 authors picked Dumping In Dixie as one of their favorite books, and they share why you should read it.

What is this book about?

To be poor, working-class, or a person of colour in the United States often means bearing a disproportionate share of the country's environmental problems. Starting with the premise that all Americans have a basic right to live in a healthy environment, Dumping in Dixie chronicles the efforts of five African American communities, empowered by the civil rights movement, to link environmentalism with issues of social justice. In the third edition, Bullard speaks to us from the front lines of the environmental justice movement about new developments in environmental racism, different organizing strategies, and success stories in the struggle for environmental…


Book cover of How the West Grew Rich: The Economic Transformation of the Industrial World

Richard G. Lipsey Author Of Economic Transformations: General Purpose Technologies and Long-Term Economic Growth

From my list on how technologies have transformed our societies.

Why am I passionate about this?

In spite of many setbacks, living standards have trended upwards over the last 10,000 years. One of my main interests as an economist has been to understand the sources of this trend and its broad effects. The key driving force is new technologies. We are better off than our Victorian ancestors, not because we have more of what they had but because we have new things, such as airplanes and indoor plumbing. However, these new technologies have also brought some unfortunate side effects. We need to understand that dealing with these successfully depends, not on returning to the use of previous technologies, but on developing newer technologies such as wind and solar power.

Richard's book list on how technologies have transformed our societies

Richard G. Lipsey Why did Richard love this book?

This highly readable, best-selling book explains how the West’s free-market economies grew rich while others stagnated. (1) The West provided the freedom to innovate in products processes and organizations while other societies resisted these activities. (2) The West’s diffusion of economic power from a centralised political sphere to a decentralized economic sphere was essential in establishing and maintaining this freedom. (3) The West’s market-based institutions allowed successful innovators to earn large gains while unsuccessful innovators and non-innovating firms suffered losses. (4) The growth of Western science nurtured economic growth produced by innovators who were typically well-versed in engineering and Newtonian mechanistic science.

By Nathan Rosenberg, L.E. Birdzell, Jr.,

Why should I read it?

2 authors picked How the West Grew Rich as one of their favorite books, and they share why you should read it.

What is this book about?

How did the West,Europe, Canada, and the United States,escape from immemorial poverty into sustained economic growth and material well-being when other societies remained trapped in an endless cycle of birth, hunger, hardship, and death? In this elegant synthesis of economic history, two scholars argue that it is the political pluralism and the flexibility of the West's institutions,not corporate organization and mass production technology,that explain its unparalleled wealth.


Book cover of State and Nation Making in Latin America and Spain

Carlos Eduardo Suprinyak Author Of The Political Economy of Latin American Independence

From my list on the history of political economy in Latin America.

Why am I passionate about this?

I’m a Brazilian economist working in Paris and dedicated to historical scholarship. I have always been deeply impressed by the political weight carried by economic arguments across Latin America. Debates on economic policy are typically contentious everywhere, but in Latin America, your alignment with different traditions of political economy can go a long way to determine your intellectual and political identity. At the same time, our condition as peripheral societies – and hence net importers of ideas from abroad – raises perennial questions about the meaning of a truly Latin American political economy. I hope this list will be a useful entry point for people similarly interested in these problems.

Carlos' book list on the history of political economy in Latin America

Carlos Eduardo Suprinyak Why did Carlos love this book?

This sprawling, two-volume collection of essays approaches the history of political economy in Latin America not as a chapter of intellectual history, but rather as an extension of the practices of state-building pursued in the continent.

The first volume, Republics of the Possible, covers the period from the early days of independence to the turbulent 1930s, touching on subjects as diverse as militarization, fiscal systems, educational institutions, national statistics, and ideological disputes.

The second volume, The Rise and Fall of the Developmental State, explores the 20th-century Latin American experiment on state-led development: its ideological underpinnings, the design of appropriate institutions, and the ambiguous aftermath of the developmental era in different national settings.

A third volume is still in the works to complete this state-of-the-art trilogy.

By Miguel A. Centeno (editor), Agustin E. Ferraro (editor),

Why should I read it?

1 author picked State and Nation Making in Latin America and Spain as one of their favorite books, and they share why you should read it.

What is this book about?

The growth of institutional capacity in the developing world has become a central theme in twenty-first-century social science. Many studies have shown that public institutions are an important determinant of long-run rates of economic growth. This book argues that to understand the difficulties and pitfalls of state building in the contemporary world, it is necessary to analyze previous efforts to create institutional capacity in conflictive contexts. It provides a comprehensive analysis of the process of state and nation building in Latin America and Spain from independence to the 1930s. The book examines how Latin American countries and Spain tried to…


Book cover of Crafting the Third World: Theorizing Underdevelopment in Rumania and Brazil

Carlos Eduardo Suprinyak Author Of The Political Economy of Latin American Independence

From my list on the history of political economy in Latin America.

Why am I passionate about this?

I’m a Brazilian economist working in Paris and dedicated to historical scholarship. I have always been deeply impressed by the political weight carried by economic arguments across Latin America. Debates on economic policy are typically contentious everywhere, but in Latin America, your alignment with different traditions of political economy can go a long way to determine your intellectual and political identity. At the same time, our condition as peripheral societies – and hence net importers of ideas from abroad – raises perennial questions about the meaning of a truly Latin American political economy. I hope this list will be a useful entry point for people similarly interested in these problems.

Carlos' book list on the history of political economy in Latin America

Carlos Eduardo Suprinyak Why did Carlos love this book?

In this classic and pioneering study, Joseph Love traces how ideas about underdevelopment travelled from interwar Rumania to postwar Brazil, two peripheral regions united in their disenchantment with the promises of economic liberalism.

Household names like Mihail Manoilescu, Raúl Prebisch, and Celso Furtado come across as heirs to a long intellectual tradition connecting Russian Narodnik populism to Latin American dependency theory a century later.

These disparate historical actors were brought together by a shared concern with the obstacles to development posed by a world of structural economic and geopolitical inequalities, thus shining a spotlight on the conflicting interests between the West and the Rest.

By Joseph L. Love,

Why should I read it?

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

What is this book about?

This innovative study compares the history of economic ideas and ideologies in Rumania and Brazil-and more broadly, those in East Central Europe and Latin America-in the late nineteenth and twentieth centuries.


Book cover of The Care Manifesto: The Politics of Interdependence

Nancy Folbre Author Of The Rise and Decline of Patriarchal Systems

From my list on feminist political economy.

Why am I passionate about this?

I grew up in a family exposed to great contrasts of poverty and wealth, in which women were always the ones expected to ‘make nice.” I’ve long been fascinated by the parallels among unfair inequalities based on gender, sexuality, age, race, ethnicity, citizenship, and class, and the ways in which these inequalities are disguised, justified, or just plain ignored. This fascination has driven my successful and very lucky career as a socialist feminist economist and public intellectual.

Nancy's book list on feminist political economy

Nancy Folbre Why did Nancy love this book?

You may not agree with everything in this book (I don’t) but its extraordinarily compelling critique of profit worship built on utter disregard for the well-being of others illustrates powerful synergies between patriarchal and capitalist norms. At the same time, the care collective offers powerful examples of the ways in which people sometimes rally quite effectively around principles of mutual aid.

By The Care Collective, Andreas Chatzidakis, Jamie Hakim , Catherine Rottenberg

Why should I read it?

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

What is this book about?

The Care Manifesto puts care at the heart of the debates of our current crisis: from intimate care-childcare, healthcare, elder care-to care for the natural world. We live in a world where carelessness reigns, but it does not have to be this way.

The Care Manifesto puts forth a vision for a truly caring world. The authors want to reimagine the role of care in our everyday lives, making it the organising principle in every dimension and at every scale of life. We are all dependent on each other, and only by nurturing these interdependencies can we cultivate a world…


Book cover of Putting Civil Society in Its Place: Governance, Metagovernance and Subjectivity

Richard R. Weiner Author Of Sustainable Community Movement Organizations: Solidarity Economies and Rhizomatic Practices

From my list on understanding regimes of law and political economy.

Why am I passionate about this?

Rich Weiner co-edited this featured volume with Francesca Forno. He is a political sociologist with a strong foundation in the history of political and social thought. He has served for twenty-two years as dean of the faculty of arts and sciences. His focus has been on non-statist political organizations and social movements with a perspective of middle-range theorizing enriched by three generations of Frankfurt School critical theory of society.

Richard's book list on understanding regimes of law and political economy

Richard R. Weiner Why did Richard love this book?

A synoptic and synthetic exploration of “civil society” as a mode of governance with a degree of capacity/capability of coordinating the power of social relations and solidarities.

I very much like the book’s focus on networks and solidarity rather than the usual market versus state command binary.

Specifically, I appreciate how the book poses the issue: Can webs of governance – focused on new forms of legitimacy and solidarity – counter webs of capital accumulation uncoupled from territorial spatial boundaries?

By Bob Jessop,

Why should I read it?

1 author picked Putting Civil Society in Its Place as one of their favorite books, and they share why you should read it.

What is this book about?

Renowned social and political theorist Bob Jessop explores the idea of civil society as a mode of governance in this bold challenge to current thinking.
Developing theories of governance failure and metagovernance, the book analyses the limits and failures of economic and social policy in various styles of governance. Reviewing the principles of self-emancipation and self-responsibilisation it considers the struggle to integrate civil society into governance, and the power of social networks and solidarity within civil society.
With case studies of mobilisations to tackle economic and social problems, this is a comprehensive review of the factors that influence their success…


Book cover of Grassroots for Hire: Public Affairs Consultants in American Democracy

Anthony J. Nownes Author Of Interest Groups in American Politics: Pressure and Power

From my list on lobbying and advocacy in the United States.

Why am I passionate about this?

I was attracted to the study of interest groups for two main reasons. First, not too many scholars study interest groups and lobbying. This means I might have something to contribute. Second, interest groups are fascinating. Almost every interest you can think of has an interest group trying to affect (or retard) change. Every year, for example, I get to regale my students with stories about little-known interest groups such as the American Frozen Food Institute, the Pink Pistols (a pro-gun LGBTQ group), the California Prune Board, and Declassify UAP (an anti-UFO secrecy group). Talking and learning about interest groups is fun. 

Anthony's book list on lobbying and advocacy in the United States

Anthony J. Nownes Why did Anthony love this book?

There has been more “grassroots” advocacy in the last 25 years than during any 25-year period in U.S. history. The Black Lives Matter, pro-Trump, anti-Trump, New Christian Right, and Tea Party movements are some of the biggest mass movements in our history.

When most people hear the word “grassroots,” they think of ordinary citizens mobilizing, marching, or protesting on important issues. But in this book, sociologist Edward Walker shows us that behind many instances of seemingly “grassroots” advocacy are legions of political consultants who sell their ability to mobilize ordinary citizens to their wealthy clients, including giant corporations and business-oriented interest groups.

This book is epiphanic. Most of us realize on some level that political consulting is a big business. But most of us—and I mean regular people and people like me who study politics for a living—assume that political consultants advise political parties and candidates for office on the…

By Edward T. Walker,

Why should I read it?

1 author picked Grassroots for Hire as one of their favorite books, and they share why you should read it.

What is this book about?

Although 'grassroots' conjures up images of independent citizen organizing, much mass participation today is sponsored by elite consultants working for corporations and powerful interest groups. This book pulls back the curtain to reveal a lucrative industry of consulting firms that incentivize public activism as a marketable service. Edward Walker illustrates how, spurred by the post-sixties advocacy explosion and rising business political engagement, elite consultants have deployed new technologies to commercialize mass participation. Using evidence from interviews, surveys and public records, Grassroots for Hire paints a detailed portrait of these consultants and their clients. Today, Fortune 500 firms hire them to…


Book cover of The Machinery of Freedom: Guide to a Radical Capitalism

Peter T. Leeson Author Of WTF?! An Economic Tour of the Weird

From my list on economics and political economy.

Why am I passionate about this?

Peter T. Leeson is the author of the award-winning The Invisible Hook: The Hidden Economics of Pirates and Anarchy Unbound: Why Self-Governance Works Better than You Think. He is the Duncan Black Professor of Economics and Law at George Mason University. Big Think counted Peter among “Eight of the World’s Top Young Economists.”

Peter's book list on economics and political economy

Peter T. Leeson Why did Peter love this book?

A key insight of economics is the power of markets to organize human affairs. The Machinery of Freedom takes that insight to the limit. How might society work if even governmental functions were organized using markets? Friedman’s answer will surprise and challenge you. And whether you come away convinced or not, you will come away with a better understanding of markets.

By David Friedman,

Why should I read it?

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

What is this book about?

This book argues for a society organized by voluntary cooperation under institutions of private property and exchange with little, ultimately no, government. It describes how the most fundamental functions of government might be replaced by private institutions, with services such as protecting individual rights and settling disputes provided by private firms in a competitive market. It goes on to use the tools of economic analysis to attempt to show how such institutions could be expected to work, what sort of legal rules they would generate, and under what circumstances they would or would not be stable. The approach is consequentialist.…


Book cover of The Law by Frederic Bastiat

Peter T. Leeson Author Of WTF?! An Economic Tour of the Weird

From my list on economics and political economy.

Why am I passionate about this?

Peter T. Leeson is the author of the award-winning The Invisible Hook: The Hidden Economics of Pirates and Anarchy Unbound: Why Self-Governance Works Better than You Think. He is the Duncan Black Professor of Economics and Law at George Mason University. Big Think counted Peter among “Eight of the World’s Top Young Economists.”

Peter's book list on economics and political economy

Peter T. Leeson Why did Peter love this book?

The shortest, surest guide to understanding the government’s relationship to the economy. The Law was first published in 1850, but its relevance, importance, and accessibility are perennial. Multiply your value by getting the Foundation for Economic Education’s newest edition, which includes Bastiat’s classic essays “The Broken Window” and “The Candlemakers’ Petition.”

By Frédéric Bastiat,

Why should I read it?

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

What is this book about?

Title: The Law by Frederic Bastiat <>Binding: Hardcover <>Author: FredericBastiat <>Publisher: bnpublishing


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…