The Theory of Money and Credit

Capitalism, Socialism and Democracy

Joseph Alois Schumpeter · 437 pages

The General Theory of Employment, Interest, and Money

John Maynard Keynes · 403 pages

John Maynard Keynes was born in Cambridge in 1883, son of John Neville Keynes, later registrary of the university; his mother was one of the earliest women students. Educated at Eton and King's, he passed into the Civil Service in 1906, working for three years in the India Office. He returned to Cambridge as a Fellow of King's in 1909 and remained a Fellow until his death. Soon after the outbreak

The Communist Manifesto

Karl Marx, Friedrich Engels · 56 pages

"The Communist Manifesto," penned by Karl Marx and Friedrich Engels, is a revolutionary treatise advocating for the overthrow of capitalist systems and the establishment of a classless society. Published in 1848, its succinct yet powerful prose remains a cornerstone of socialist ideology, inspiring movements worldwide.

Economics: The User's Guide

Ha-Joon Chang · 365 pages

"Unlike many economists, who present only one view of their discipline, Chang introduces a wide range of economic theories, from classical to Keynesian, revealing how each has its strengths and weaknesses, and why there is no one way to explain economic behavior. Instead, by ignoring the received wisdom and exposing the myriad forces that shape our financial world, Chang gives us the tools we need

Whatever Happened to Penny Candy?

Richard J. Maybury · 157 pages

This clearly written, award-winning book about economics is a remarkably easy and fun explanation of money (its origin and history), the dollar (its origin and history), investment cycles, velocity, business cycles, recessions, inflation, the demand for money, government (its economic behavior), and more. All explanations and interpretations are according to the Austrian and Monetarist schools of

Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism

George A. Akerlof, Robert J. Shiller · 230 pages

An argument for recovering Keynes' notion of animal spirits as a contributor to economic phenomena, with examples drawn from the economic crises of the late 20th and early 21st centuries.

The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better

Tyler Cowen · 109 pages

" ... the eSpecial heard round the world that ignited a firestorm of debate and redefined the nature of our economic malaise is now--at last--a book. America has been through the biggest financial crisis since the Great Depression, unemployment numbers are frightening, median wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certain

And the Weak Suffer What They Must? Europe's Crisis and America's Economic Future

Yanis Varoufakis · 337 pages

""The strong do as they can and the weak suffer what they must." --Thucydides The fate of the global economy hangs in the balance, and Europe is doing its utmost to undermine it, to destabilize America, and to spawn new forms of authoritarianism. Europe has dragged the world into hideous morasses twice in the last one hundred years... it can do it again. Yanis Varoufakis, the former Finance Minist

The Austrian Theory of the Trade Cycle and Other Essays

Murray N. Rothbard, Ludwig von Mises, Roger W. Garrison, Gottfried Haberler, Friedrich A. Hayek · 125 pages

The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else

Hernando de Soto · 288 pages

Free to Choose: A Personal Statement

Milton Friedman, Rose D. Friedman · 338 pages

In this powerful and persuasive book two distinguished economists, Milton Friedman and his wife, Rose, unravel the mysteries of economics for the man or woman in the street (Wall Street or Main Street). They show us how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, how good intentions often produce deplor

How Markets Fail: The Logic of Economic Calamities

John Cassidy · 390 pages

John Cassidy describes the rising influence of what he calls utopian economics--thinking that is blind to how real people act and that denies the many ways an unregulated free market can produce disastrous unintended consequences. He then looks to the leading edge of economic theory, including behavioral economics, to offer a new understanding of the economy--one that casts aside the old assumptio

How an Economy Grows and Why It Crashes

Peter D. Schiff, Andrew J. Schiff · 288 pages

Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout Will Make Things Worse

Thomas E. Woods Jr. · 194 pages

Historian Woods, writing as a libertarian, argues that government intervention in the economy actually caused the housing bubble.

The End of Alchemy: Money, Banking, and the Future of the Global Economy

Mervyn King · 430 pages

The former governor of the Bank of England recounts his country's experiences throughout the Great Recession while outlining a blueprint for recovery-era capitalism that is more resilient to modern boom-and-bust cycles.

The Protestant Ethic and the Spirit of Capitalism

Max Weber, Michael D. Coe · 292 pages

The Protestant ethic -- a moral code stressing hard work, rigorous self-discipline, and the organization of one's life in the service of God -- was made famous by sociologist and political economist Max Weber. In this brilliant study (his best-known and most controversial), he opposes the Marxist concept of dialectical materialism and its view that change takes place through "the struggle of oppos

Makers and Takers: The Rise of Finance and the Fall of American Business

Rana Foroohar · 388 pages

"Eight years on from the biggest market meltdown since the Great Depression, the key lessons of the crisis of 2008 still remain unlearned--and our financial system is just as vulnerable as ever. Many of us know that our government failed to fix the banking system after the subprime mortgage crisis. But what few of us realize is how the misguided financial practices and philosophies that nearly top

Globalization and Its Discontents

Joseph E. Stiglitz · 528 pages

End the Fed

Ron Paul · 212 pages

In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of the Federal Reserve. Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in END THE FED, Ron Paul draws on American history, economics, and fascinating s

Misbehaving: The Making of Behavioral Economics

Richard H. Thaler · 432 pages

Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans―predictable, error-prone individuals. *Misbehaving* is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth―and change the way we think about economics, ourselves, and our world. Traditional economics assume

End This Depression Now!

Paul Krugman · 288 pages

A call-to-arms from Nobel Prize?winning economist and best-selling author Paul Krugman. The Great Recession is more than four years old, and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge, all the ingredients for prosperity and a decent standard of living for all, remain in a state of intense pain." How bad have things gotten? H

Fault Lines: How Hidden Fractures Still Threaten the World Economy

Raghuram G. Rajan · 283 pages

https://archive.org/details/faultlineshowhid0000raja/page/n7/ 2010006031 Printed on acid-free paper. https://archive.org/details/faultlineshowhid0000raja/page/n279/ 978-0-691-14683-6

Aftershock: The Next Economy and America's Future

Robert B. Reich · 174 pages

Currency Wars: The Making of the Next Global Crisis

James Rickards · 288 pages

In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon. Currency wars are one of the most destructive and fear