The most recommended political economy books

Who picked these books? Meet our 25 experts.

25 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 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 The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market

Theresa Levitt Author Of Elixir: A Parisian Perfume House and the Quest for the Secret of Life

From Theresa's 3 favorite reads in 2023.

Why am I passionate about this?

Author Science historian

Theresa's 3 favorite reads in 2023

Theresa Levitt Why did Theresa love this book?

Oreskes and Conway have been heroes of mine ever since their masterful Merchants of Doubt. They are now doing for free-market fundamentalism what they previously did for climate change denialism: showing how con artists have tricked Americans into believing it.

I teach a lot of conservative students, and it can be hard to get past their distrust and defensiveness. Revealing the “magic trick” of how they have been manipulated is one of the few things that work.

By Erik M. Conway, Naomi Oreskes,

Why should I read it?

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

What is this book about?

"A carefully researched work of intellectual history, and an urgently needed political analysis." --Jane Mayer

“[A] scorching indictment of free market fundamentalism … and how we can change, before it's too late.”-Esquire, Best Books of Winter 2023

The bestselling authors of Merchants of Doubt offer a profound, startling history of one of America's most tenacious--and destructive--false ideas: the myth of the "free market."

In their bestselling book Merchants of Doubt, Naomi Oreskes and Erik M. Conway revealed the origins of climate change denial. Now, they unfold the truth about another disastrous dogma: the “magic of the marketplace.”

In the early…


Book cover of Capitalism: A Conversation in Critical Theory

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?

Wide-ranging philosophical conversation and moral critique of capitalism as an instituted social order wherein a structure of domination establishes and reinforces an entire way of life attuned to the hegemony of exchange value as well as commodity production, and their social reproduction.

I very much appreciate the book’s strategy of cogent, accessible and explorative dialogue rather than tit-for-tat debate.

By Nancy Fraser, Rahel Jaeggi,

Why should I read it?

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

What is this book about?

In this important new book, Nancy Fraser and Rahel Jaeggi take a fresh look at the big questions surrounding the peculiar social form known as "capitalism," upending many of our commonly held assumptions about what capitalism is and how to subject it to critique. They show how, throughout its history, various regimes of capitalism have relied on a series of institutional separations between economy and polity, production and social reproduction, and human and non-human nature, periodically readjusting the boundaries between these domains in response to crises and upheavals. They consider how these "boundary struggles" offer a key to understanding capitalism's…


Book cover of Empire, Incorporated: The Corporations That Built British Colonialism

Christian R. Burset Author Of An Empire of Laws: Legal Pluralism in British Colonial Policy

From my list on the rise of the British Empire.

Why am I passionate about this?

I’m a legal historian with a particular interest in eighteenth-century Britain and the United States. My research has investigated the history of arbitration, historical connections between law and politics, and changing attitudes to the rule of law. Since 2018, I’ve been a professor at Notre Dame Law School, where I teach courses in legal history, civil procedure, conflict of laws, and the rule of law.

Christian's book list on the rise of the British Empire

Christian R. Burset Why did Christian love this book?

High-school history classes usually tell students that empires expanded at least partly because of their proponents’ greed. But who, exactly, was trying to get paid, and how?

Empire, Incorporated tells the story of Britain’s imperial expansion by focusing on the corporations that drove it.

If you’re on the fence about reading this book, flip to the “Index of Companies, Corporations, and Societies” at the back: the sheer number of entries makes it clear that we can’t understand Britain’s empire by focusing on governments alone. Imperial rule was much more complicated than that. 

By Philip J. Stern,

Why should I read it?

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

What is this book about?

"[A] landmark book...[a] bold reframing of the history of the British Empire."
-Caroline Elkins, Foreign Affairs

An award-winning historian places the corporation-more than the Crown-at the heart of British colonialism, arguing that companies built and governed global empire, raising questions about public and private power that were just as troubling four hundred years ago as they are today.

Across four centuries, from Ireland to India, the Americas to Africa and Australia, British colonialism was above all the business of corporations. Corporations conceived, promoted, financed, and governed overseas expansion, making claims over territory and peoples while ensuring that British and colonial…


Book cover of Beyond Economic Man: Feminist Theory and Economics

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?

This classic anthology reveals “rational economic man” as a naked and misshapen emperor pretending to be grandly dressed. While unpacking the androcentric (and plain old sexist) assumptions of conventional economic theory, it also provides rich examples of new ways of explaining the links between gender, care, and inequality.

By Marianne A. Ferber, Julie A. Nelson,

Why should I read it?

1 author picked Beyond Economic Man as one of their favorite books, and they share why you should read it.

What is this book about?

This is the first book to examine the central tenets of economics from a feminist point of view. In these original essays, the authors suggest that the discipline of economics could be improved by freeing itself from masculine biases. Beyond Economic Man raises questions about the discipline not because economics is too objective but because it is not objective enough. The contributors--nine economists, a sociologist, and a philosopher--discuss the extent to which gender has influenced both the range of subjects economists have studied and the way in which scholars have conducted their studies. They investigate, for example, how masculine concerns…


Book cover of Securing the Fruits of Labor: The American Concept of Wealth Distribution, 1765-1900

Sam Pizzigati Author Of The Case for a Maximum Wage

From my list on why we need a world without billionaires.

Why am I passionate about this?

I grew up in the 1950s next door to Long Island’s iconic Levittown. All my aunts and uncles lived in similar modest suburbs, and I assumed everyone else did, too. Maybe that explains why America’s sharp economic U-turn in the 1970s so rubbed me the wrong way. We had become, in the mid-20th century, the first major nation where most people—after paying their monthly bills—had money left over. Today we rate as the world’s most unequal major nation. Our richest 0.1 percent hold as much wealth as our bottom 90 percent. I’ve been working with the Institute for Public Studies, as co-editor of Inequality.org, to change all that.

Sam's book list on why we need a world without billionaires

Sam Pizzigati Why did Sam love this book?

The urge to limit vast accumulations of individual wealth, the historian James Huston reminds us in this 1998 deep dive into America’s largely forgotten past, turns out to be as American as apple pie.

The new American nation, as John Adams put in in 1776, would only be able to preserve the “balance of power on the side of equal liberty and public virtue” by dividing the nation’s land “into small quantities, so that the multitude may be possessed of landed estates.”

Thomas Jefferson fully agreed. A republic, he insisted, “cannot invent too many devices for subdividing property.” Our founders never lived up to these noble aims. We still can.

By James L Huston,

Why should I read it?

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

What is this book about?

In his comprehensive study of the economic ideology of the early republic, James L. Huston argues that Americans developed economic attitudes during the Revolutionary period that remained virtually unchanged until the close of the nineteenth century. Viewing Europe's aristocratic system, early Americans believed that the survival of their new republic depended on a fair distribution of wealth, brought about through political and economic equality.

The concepts of wealth distribution formulated in the Revolutionary period informed works on nineteenth-century political economy and shaped the ideology of political parties. Huston reveals how these ideas influenced debates over reform, working-class agitation, political participation,…


Book cover of One Economics, Many Recipes: Globalization, Institutions, and Economic Growth

Ranjit Lall Author Of Making International Institutions Work: The Politics of Performance

From my list on international political economy.

Why am I passionate about this?

I am an academic at the University of Oxford who specializes in international political economy, so I study this topic for a living! I am particularly interested in the politics of international cooperation and economic development. Growing up, I traveled extensively in developing countries across Asia and Africa, which inspired in me a deep curiosity about the determinants of sustained economic growth. I also spent much time in Geneva, where my father frequently worked with United Nations agencies. His anecdotes about these institutions each evening made me wonder what caused some of them to perform effectively and others to perform poorly—and how they could be improved. 

Ranjit's book list on international political economy

Ranjit Lall Why did Ranjit love this book?

This book presents one of the most thoughtful and—to me—convincing accounts of the relationship between globalization and economic growth.

The author rejects the simple dichotomies offered up by “pro-globalizers” and “anti-globalizers,” arguing that successful development tends to require experimentation, pragmatism, and the adaptation of policy tools to local contexts.

This empirically grounded perspective not only explains a great deal of variation in the fortunes of developing countries but also complements and extends key principles of economics. 

By Dani Rodrik,

Why should I read it?

1 author picked One Economics, Many Recipes as one of their favorite books, and they share why you should read it.

What is this book about?

In One Economics, Many Recipes, leading economist Dani Rodrik argues that neither globalizers nor antiglobalizers have got it right. While economic globalization can be a boon for countries that are trying to dig out of poverty, success usually requires following policies that are tailored to local economic and political realities rather than obeying the dictates of the international globalization establishment. A definitive statement of Rodrik's original and influential perspective on economic growth and globalization, One Economics, Many Recipes shows how successful countries craft their own unique strategies--and what other countries can learn from them. To most proglobalizers, globalization is a…


Book cover of Ours: The Case for Universal Property

James K. Boyce Author Of Economics for People and the Planet: Inequality in the Era of Climate Change

From my list on the political economy of the environment.

Why am I passionate about this?

When I started teaching a course on the Political Economy of the Environment at the University of Massachusetts Amherst, little had been written that made the connection between environmental quality and economic inequality. Happily, this has changed over the years. The books recommended here mark the rise of a new environmentalism founded upon recognition that our impact on nature is interwoven closely with the nature of our relationships with each other.

James' book list on the political economy of the environment

James K. Boyce Why did James love this book?

Universal property – property that is inalienable, individual, and belongs in equal measure to all – is a game-changing idea whose time is coming.

Introduced alongside conventional (private and state) property, it can serve the twin goals of reducing inequality and protecting the environment.

For example, by treating the biosphere’s limited capacity to recycle carbon emissions as universal property, and charging for use of this resource, we can both protect climate stability and provide universal basic income via climate-protection dividends.

Peter Barnes has been a leading voice for universal property, following in the footsteps of Tom Paine and Henry George. Do yourself a favor: read this thought-provoking book, and share it with your family and friends.

By Peter Barnes,

Why should I read it?

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


Book cover of Making Money: Coin, Currency, and the Coming of Capitalism

Tim Di Muzio Author Of An Anthropology of Money: A Critical Introduction

From my list on money and capitalism from a political economist.

Why am I passionate about this?

I’m a Canadian political economist working in Australia as an Associate Professor in International Relations and Political Economy at the University of Wollongong, just south of Sydney. I’ve been fascinated by the history of capitalism and money since post-graduate school. Eventually I had some time to do a deep dive into the existing scholarly literature on money and have so far written two books on the topic and multiple articles. I hope you enjoy my book recommendations as much as I enjoyed reading them.   

Tim's book list on money and capitalism from a political economist

Tim Di Muzio Why did Tim love this book?

I really loved this book!

Desan’s work filled multiple gaps in my knowledge regarding the historical circumstances that contributed to modern money.

In my view, it is the best and most comprehensive book for anyone who wants to know how we arrived at current monetary arrangements. The research and writing are masterful, comprehensive, and there are many ‘oh my, I didn’t know that’ moments. 

A real eye-opener and an essential read for anyone interested in money, finance, and the emergence of capitalism.

Easily the best and most authoritative book since Dickson’s The Financial Revolution In England – a must-read!

By Christine Desan,

Why should I read it?

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

What is this book about?

Money travels the modern world in disguise. It looks like a convention of human exchange - a commodity like gold or a medium like language. But its history reveals that money is a very different matter. It is an institution engineered by political communities to mark and mobilize resources. As societies change the way they create money, they change the market itself - along with the rules that structure it, the politics and ideas that shape it, and the benefits that
flow from it.
One particularly dramatic transformation in money's design brought capitalism to England. For centuries, the English government…


Book cover of The Political Economy of Terrorism

Charles H. Anderton Author Of Principles of Conflict Economics: The Political Economy of War, Terrorism, Genocide, and Peace

From my list on the economics of conflict and peace.

Why am I passionate about this?

Like many people, I am deeply troubled by the death and destruction from violent conflict. When I began my graduate work in economics at Cornell University, I was allowed to apply my economics learning to the problem of war. When I began teaching at Holy Cross College, my colleagues encouraged me to offer courses on the economics of war and peace. After many years of teaching, I compiled Principles of Conflict Economics (with John Carter) to serve as a textbook on economic aspects of conflict. I hope the book might encourage other economics professors and students to learn more about war and how to resolve conflicts nonviolently.

Charles' book list on the economics of conflict and peace

Charles H. Anderton Why did Charles love this book?

I learned a great deal from this book’s insightful and wide-ranging coverage of the motives of terrorists; economic, political, and social causes and effects of terrorism; and government and private-sector counterterrorism efforts.

I especially like the book’s accessible coverage of leading research results in the field including risk factors for terrorism and conundrums associated with policy efforts to stymie terrorism. I loved how the book offered a fruitful blend of theoretical models, data trends, empirical results, and policy perspectives.

The authors are economists, so the book is strongly economic in approach, yet multidisciplinary perspectives are richly woven into the chapters, giving rise to a true “political economy” of terrorism.

By Walter Enders, Todd Sandler,

Why should I read it?

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

What is this book about?

The Political Economy of Terrorism presents a widely accessible political economy approach to the study of terrorism. It applies economic methodology - theoretical and empirical - combined with political analysis and realities to the study of domestic and transnational terrorism. In so doing, the book provides both a qualitative and quantitative investigation of terrorism in a balanced up-to-date presentation that informs students, policy makers, researchers and the general reader of the current state of knowledge. Included are historical aspects, a discussion of watershed events, the rise of modern-day terrorism, examination of current trends, the dilemma of liberal democracies, evaluation of…


Book cover of Putting Civil Society in Its Place: Governance, Metagovernance and Subjectivity
Book cover of The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market
Book cover of Capitalism: A Conversation in Critical Theory

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