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I'm curious to know what your favourite economic book is.  I've read some Keynesian stuff and Ludwig von Mises.  So far I think 'Human Action' is mine.

Care to share what you think is stellar?

My favorite economic book is "The Rise and Fall of American Growth by Robert Gordon": as the author has explained the way of economics differently. I would suggest you check this out.
But i think this topic should be in off-topic

Right now I'm very slowly reading The Pentagon of Power by Lewis Mumford.

Its difficult to read book due to the numerous factoids and abstracts but well worth it. Mumford is very underrated imo. Lewis Mumford should have the fame, hype and accolades which Karl Marx and Keynes have for entirely different reasons.

I'll try to quote a few excerpts from Lewis Mumford to show how his rhetoric differs from other economists.


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Well I have read a fair number in the past few years. But there was this book called "Rich Dad Poor Dad" which I read when I was 14 and it changed my perspective about money. It has greatly influenced my spending habits, my thrust for financial literacy, understanding business and creating one for my own. I am really glad that I read this book in my formative years of building up. When I see my peers taking huge loans and buy big houses, lavish cars I understand the rationale behind their behaviour and how it would affect them going forward.

Its true that there are several unsung  heroes in the academics or history who have written the books that could change the course of history that we have come to know but the issue is about those who will recognise them and those who would made that available. The reason why majority of us have heard about Karl Marx, Adams Smith, Plato, and all others, was not because they are special or we liked them, its because what those in charge of giving us knowledge wanted us to know, and what you don't know does not exist to you (in relation to those unsung heroes).

Reading through some excerpts in the book you quote, I could understand one of the reasons why they were not popular like their counterparts is because they value morality, the considered the evil men have in their hearts and the extent of oppression they would do to fellow human beings if given the opportunity, they wrote against that. But the people in power don't want that, they want someone telling the kids aspiring to join the Air force that F50 fliers are machines of destructions, or there is no need for nuclear plants etc but that the world is a place of competition where you have to survive by every means necessary and the person, friend, colleague, country is looking to pull you down.

Way back in senior high school, I preferred reading Geography to Economics but I got to know the fact behind all these courses. In the world so far, I got to notice that life without knowledge in economics makes it unwholesome so I decided to shift my attention to economics .
I like reading economic books written by Adam Smith. They really keep me on my toes and I get the requisite knowledge I need to leave in this world. His book entitled ‘’An Inquiry Into The Nature And Causes Of The Wealth Of Nations’’ is a book I like best.

After you become bored of "Why Nations fail" and "Rich dad poor dad", try Freakonomics. If you like behavioral economics, then worth reading any articles by Richard Thaler.

Mine is internet of money . It taught me enough for me to say that it changed my life. I encourage everyone here to read couple of books

I like the book Globalization and its Discontents written in 2002 author Joseph E. Stiglitz
and a book was written by Robert T.Kiyosaki entitled Rich Dad Poor Dad

I really enjoyed That Which Is Seen, and That Which Is Not Seen by Frederic Bastiat. It really makes you look at economic processess from a different perspective.

I also forgot to mention The Federal Reserve and the Financial Crisis by Ben Bernanke, he was a chairman of fed reserve during the crisis of 2008-2009 and shares his "inner" view in this book.

My favorite economic book is Thinking, Fast and Slow by Daniel Kahneman. This economics book is a must read to understand our thinking, our system and psychology behind our decision making. He has also elaborated on how we can change our thinking and not just our thinking but also our lives. Very clearly put across the beauty and details of the subject to explain the facts of human behavior and its impact on the economy and how we can deal with it. Try to read it and surely you'll learn something out of it.

There are a lot of wonderful writers on economics and they have wonderful ideas expressed in those books but one book that really changed my mind about economics and money in general is the science of getting rich.this writer made me understand that there is an exact science of getting rich just like 2+2=4 .If anyone do this science either consciously or unconsciously will definitely be rich.

So the best government/economic book I have read is Taleb's Antifragile. It will go against most of what you have been taught in business school (and probably economics if your teachers were anything like mine) and I believe extremely valuable in pointing out the other side of the coin that is often minimized due to its implications. It does go a bit beyond just government and business but it is extremely original and interesting.

Another suggestion for pure economic history would be Keynes Hayek the clash that defined modern economics. It is very well done.

I like Naked Economics by Charles Wheelan: https://www.amazon.com/Naked-Economics-Undressing-Science-Revised/dp/0393337642 (https://www.amazon.com/Naked-Economics-Undressing-Science-Revised/dp/0393337642)

It is just a good intro book on some basics with examples and it is fun to actually read, so you absorb more of it.

There are allot of topics within Economics so after you explore some you should have a better idea of what you want to focus on.

If you like the Simpsons, Homer Economicus is one of my favorite "economic" books, but I am definitely biased on that one. https://www.amazon.com/gp/aw/d/0804791716/ref=mp_s_a_1_1?ie=UTF8&qid=1484673928&sr=8-1&pi=AC_SX236_SY340_QL65&keywords=homer+economicus&dpPl=1&dpID=51etTg6WQLL&ref=plSrch (https://www.amazon.com/gp/aw/d/0804791716/ref=mp_s_a_1_1?ie=UTF8&qid=1484673928&sr=8-1&pi=AC_SX236_SY340_QL65&keywords=homer+economicus&dpPl=1&dpID=51etTg6WQLL&ref=plSrch) Really just entertaining with a little learning.

Anyway good luck.

Start with a history lesson: Adam Smith and his The Wealth of Nations is considered the beginning of modern economic thought and theory. It's an interesting read from any number of different perspectives.

Richest man in Babylon is a good one as well as Think and grow  rich, good luck blessings

"A Wealth of Common Sense" by Ben Carlson of Ritholtz Wealth Management is clear, concise and accessible to beginners while very useful for individual investors reviewing their portfolio strategy. It also includes essential behavioral economics aspects – the factors that go into decision making.

I've read about applied economics.It is one of my high school book; it is actually about the general idea oc economics. basically, I learned about the basic stuff of economics because of this and it is actually applicable to real life situations.

I am a great fan of Robert Kiyosaki after reading his book "Rich Dad, Poor Dad", I believe that this book is not any stereotype material but it is the philosophy that helps us to understand how money works and how we can employ our money by effectively using our time and then that money will make more money for us and on the other hand, we can actually utilise the time in our lives to do the things we always wanted to do. This book will definitely change the traditional dynamics of the economy if this philosophy is adopted on the mass level.

BTW if anyone is interested in futuristic economic theories or what future progress of economics research and development could represent. A good topic to lookup is thermoeconomics. It models economic principles and theory after the behavior of energy or heat under the laws of thermodynamics. I think that represents the best path for the future if we're discussing what potential best methods for comprehending and stress testing economics theories is.

https://en.wikipedia.org/wiki/Thermoeconomics

Some current economics and financial frameworks are old and obsolete imo. It might be better to look towards the future and what can be achieved trying something different. The potential for innovation and progress in terms of economic theory could be vast. There could be tangible and positive benefits for literally everyone alive which could come from future progress in that area.

My favorite economics book is the general theory of employment interest and money...

The Rise and Fall of American Growth. The book discussed about how artificial intelligence will become a huge part of the economy. Something that we should keep an eye on as we can already observe it presently

My favorite economics book is Confession of Economic Hit Man by John Perkins. The book is love and really helps you understand the tricks and tactics that America used to take on the world and capture and cash the resources be it oil or coal in different countries.

John Perkins was also threatened for writing the old version. The new version has been given a novelistic touch and has been liked by 91% people across the world.

My favorate economic book is " The Roof to Serfdom" by F.A. Hayek.

The book says a fascinating look into the impact economic policy can have on cultures and human flourishing. This book illustrates how economics bears an impact in the realms of politics and culture.

This book also change my perspective about money. I realized that if I want to achieve financial freedom, I cannot achieved it by working for someone else. I need to have multiple sources of income to achieve it so that I can have a passive income so that even if I sleep, I am still earning. Making my money work for me is the key to financial freedom and I should prioritize assets first before expenses. The cash flow quadrant is a big help and my aim is to reach being an investor. Even if some people are sick of hearing it because his advises are use by networking people, it makes sense if you think about it.

Midas touch is also a good book both written by Robert Kiyosaki and Donald Trump. I have read most of the books by Kiyosaki because I like how he teaches us about our passion and how to handle our finances.

Move this topic to "off-topic".
I'm neither a fan of economics nor reads huge books. I have read a very few books on economics. Among them, Thinking, Fast and Slow by Daniel Kahneman is good to me. Things are simple and plain language makes everything clearer what the writer wants to say.

I really like the book Other People's Money by John Kay: and The End of Alchemy: Money, Banking and the Future of the Global Economy by Mervyn King, this is a very great work.

I really enjoyed "The Bitcoin Standard: The Decentralized Alternative to Central Banking" by Saifedean Ammous.

It summarizes most of the important history of money, until the actual days, which includes the benefits of Bitcoin and its application as sound money.

I think "seen from the outside world in economy" is the best book I had ever seen.

My fav economic boo is The Rise and Fall of American Growth by Robert Gordon

There are many books on economics. My favorite book is John Maynard Keynes's General Theory of Employment, Interest and Money. You can look at this. In this, we can gain an understanding of the economy through these books. The knowledge of economic theories can be made a success by the Anokai. Knowledge gained from these books is very important.

Recently read a lot of books, they are all different and carry their essence but most of all I liked Digital gold , quite an interesting book I advise everyone.

I have two favorite books. I have Buffet-ology. Basically it enlightens your optics on time frames and how to value what Monday is to 30 years. Durable competitive advantages and the meat of stocks, the cash flow income statement and balance sheet  cheats.
The other book is Thomas Bukowski. I use to find chart patterns. You still need to know what kind of market you are in, but they do work like a charm if you use them right. His charts are followed by people that win a lot. Most interpret lazily. Check them out,
I came out of buffetology never wanting to invest in a stock without seeing financials. Bukowski showed me how accurate history tends to repeat itself.
Worth both buys. You have to take notes, but it will last a lifetime, nothing beats learning to read financials from buffets perspective

I have 3 favorite books:
Gavin Kennedy - Everything Is Negotiable: How to Get the Best Deal Every Time
Edwin Lefevre - Reminiscences Of A Stock Operator
Dreiser Theodore - The Financier