Fooled by Randomness (2001) is a collection of essays on the impact of randomness on financial markets and life itself. Through a mixture of statistics, psychology and philosophical reflection, the author outlines how randomness dominates the world.
The Road to Serfdom (1944) explains the potential of socialist systems to become totalitarian and why this was so significant after WWII. These blinks will show you how socialist planning can lead to a loss of freedom, individuality and democracy.
In 23 Things They Don’t Tell You About Capitalism Ha-Joon Chang destroys the biggest myths of our current economic approach. He explains how, despite what most economists believe, there are many things wrong with free market capitalism. As well as explaining the problems, Chang also offers possible solutions which could help us build a better, fairer world.
Economics: The User’s Guide lays out the foundational concepts of economics in an easily relatable and compelling way. Examining the history of economics as well as some critical changes to global economic institutions, this book will teach you everything you need to know about how economics works today.
Coined (2015) offers an in-depth explanation of money, a powerful and complex force that many of us take for granted. It examines money’s historical roots and explains the relationship between it and our emotions, while offering theories on the future evolution of money.
No Ordinary Disruption (2015) details four forces that are changing the world’s markets in profound ways. These blinks show you how the business world, the jobs that support it and the market that shapes it are transforming and what companies, governments and individuals need to do to not only survive but succeed in this new world order.
The Box (2006) tells the tale of modern transportation’s poster child, the container, and how it revolutionized the shipping industry and enabled globalization. These blinks will take you on a detailed journey through this seemingly simple but revolutionary change in global systems of trade.
Saving Capitalism (2015) is a biting critique of the world’s economic order but also an optimistic look into how capitalism could support the common good. These blinks will teach you how and why capitalism is failing most people, and where it needs to go to do right by the majority.
Buffett (1995) tells the tale of Warren Buffett, from his humble beginnings as a boy with a paper route for the Washington Post to his success as one of the newspaper’s largest shareholder. But of course, that’s not all. Today, Warren Buffett is one of the world’s wealthiest people and one of its biggest philanthropists. Find out how he got there, and how he applies his unique mix of hard work, consistency and frugality.
Peers Inc (2015) provides an insider’s look at how the modern sharing economy is changing the way companies and consumers do business. It also explains how this economy may be a cure for the planet’s many ills, from rising temperatures to dwindling resources.
Empire of Cotton (2014) chronicles the long and complex history of that fluffy plant – cotton. These blinks detail how the cotton industry connected the world from Manchester, England, to rural India, while describing the incredible impact that cotton production has had on the development of economic systems.
Inventing the Future (2015) is a radical manifesto for the political left. These blinks describe why the current political tactics of the left are failing, explain how neoliberalism has become today’s dominant global ideology and propose a future based on full automation and a universal basic income.
The Common Good (2018) is a call for Americans to try and work toward the collective good once again, rather than continue along the path of “whatever-it-takes-to-win,” which has been the overriding mentality for the last few decades. The author outlines the importance of the common good and how we should go about restoring it.
Drawing on powerful arguments and demonstrating extraordinary insights, in The Managerial Revolution (1941) James Burnham investigates the rise of a new ruling class – the managers – who promised to unseat wealthy capitalists from their prime position in the mid-twentieth-century economy. Although written over seven decades ago, the themes and arguments from this book still resonate in today’s society.
Crushing It in Apartments and Commercial Real Estate (2017) provides a peek at the secrets behind the author’s phenomenal success in the real-estate market. Full of readily applicable advice for prospective investors, the book will also help established property owners make the most of their real estate. Along the way, the author shares examples from his many years working in the industry.
Capitalism (2015) chronicles the history of the dominant socioeconomic system that society runs on today. From its humble beginnings in medieval Europe to its present global dominance, capitalism’s history is marked by its dynamic – and sometimes unstable – nature. Nevertheless, its influence on how society has developed over the last 200 years is paramount to understanding the modern human condition.
Capitalism Without Capital (2017) is an account of the growing importance of the intangible economy. Today, for the first time, most developed economies are investing less in tangible, physical assets such as machinery and factories, than in intangible assets such as software, research and development capability. These intangibles are hugely valuable but do not exist in physical form. The blinks ahead explore the nature of this trend, as well as its effects on business, the economy and public policy.
Capitalism and Freedom (1962) is one of the most influential discussions of the relationship between economic and political freedom to have ever been put to paper. Written at the height of the Cold War between Soviet socialism and Western capitalism, Milton Friedman argues that only free markets can guarantee liberty. His theory remains every bit as relevant and thought-provoking today as when it was first published.
How to Be a Capitalist Without Any Capital (2019) unlocks the secrets of the capitalist system to show budding entrepreneurs how to make big bucks without burning the candle at both ends. Packed with creative hacks and actionable advice, self-made multimillionaire Nathan Latka demolishes the myth that you need a ton of money or a dazzlingly original idea to get rich. So what do you do need? Simple: a willingness to break established rules and chart your own course.
Poor Charlie’s Almanack (2005) delves into the life and investment philosophies of one of the world’s most reclusive billionaires: Charles Munger. As vice-chairman of Berkshire Hathaway, Munger has been instrumental in investment decisions that have yielded profits in the billions of dollars. But Munger isn’t only interested in money. In these blinks, you’ll learn about his inspiring ethical investment philosophy, how he espouses the importance of paying taxes, and how he is a devoted philanthropist, donating money to educational institutions and causes like Planned Parenthood.
The Third Pillar (2019) traces the evolving relationship between the three “pillars” of human life – the state, markets and communities – from the medieval period to our own age. Economist Raghuram Rajan argues that, throughout history, societies have struggled to find a sustainable balance between these pillars. Today is no different: caught between uncontrolled markets and a discredited state, communities everywhere are in decline. That, Rajan concludes, is jet fuel for populist movements. But a more balanced kind of social order is possible.
The Future of Capitalism (2018) offers a candid analysis of capitalism that calls for a return to communitarian ethics to mend rifts between families, communities and nations. Diagnosing the failings of modern liberalism, Paul Collier proposes the reintroduction into economic thinking of ethical concerns. He also suggests pragmatic policies that might forge a capitalism that works for everyone.
Americana (2017) traces the history of the USA from one key perspective: capitalism. Bhu Srinivasan shows how the development of the country has been closely bound up with the development of capitalism, from the New England colonies’ earliest days to the most recent innovations of Silicon Valley or Wall Street.
Named by The Economist as one of the best books of 2017
Reimagining Capitalism in a World on Fire (2020) asks us to rethink the way our economic system functions if we’re to survive our current crises, like climate change, inequality, and authoritarian populism. In this guide to the future, Rebecca Henderson describes how we must instill purpose into our business ventures, so that they create shared value, rather than merely shareholder value.
The Virtue of Selfishness (1964) is an argument in favor of self-interest and capitalist economics. At the time of its publication, it was a bold and original assertion of a new moral creed. This daring work is sure to challenge many deeply held ideals.
Capitalism, Socialism and Democracy (1942) is a seminal work of economics. Its ideas have proven prophetic, and remain relevant to this day. It claims that capitalism will ultimately be eroded by the very processes that define it. It also explains the differences between capitalism and socialism and their relationship to democracy, and helps readers understand the role of entrepreneurship and creative destruction in modern capitalism.
Learn to Earn (1995) is a beginner’s guide to investing. It gives novice investors information about the history of capitalism and advice on how to pick investments and choose stocks.
A Brief History of Motion (2021) provides a revealing overview of the history, and possible future, of the automobile. From the invention of the wheel, to early steam engine contraptions and the enticing promises of automated cars, you’ll find out how these vehicles changed the course of human history, and the unexpected problems they’ve caused along the way.
How to be a Conservative (2014) presents the case for traditional conservatism in a world that seems inhospitable to its existence. In this short volume, English philosopher Sir Roger Scruton lays out the case for the nation-state, a free market, and a more sensible approach to multiculturalism and human rights.
Financial Feminism (2022) debunks the money myths and exposes the systemic oppression that keeps many stuck in toxic jobs or cycles of debt. Offering practical solutions that everyone can start today to close the wage gap, ramp up financial fitness, and build the life of their dreams.
It’s OK to be Angry About Capitalism (2023) is a critique of the economic and political system in the US. It offers a blueprint on how to move past unbridled capitalism onto a fairer and freer future.
The Myth of American Inequality (2022) corrects widespread misconceptions about inequality in the United States. Taking aim at misleading official statistics, it shows that poverty has all but disappeared in today’s America and that the gap between rich and “poor” isn’t nearly as large as many people assume.
Power Failure (2022) details the rise and fall of General Electric – once a great success story of international business. But its legacy went badly awry, as even casual consumers of business news will remember. Power Failure: The Rise and Fall of an American Icon (2022) gives a startlingly detailed account inside the behemoth corporation, examining what went right – and then wrong.
Money Men (2022) is the astonishing story of the rise and fall of Wirecard. Once described as the PayPal of Europe, it took a small group of analysts, whistleblowers, and the tenacity of one journalist to finally bring this house of cards down.
Brave New World (1932) is a dystopian novel set in a world where citizens are socially engineered to be complacent and pleasure-seeking. It’s a world that worships Henry Ford – a scaled-up version of an assembly line that’s mass produced, homogenous, and ultimately consumable.
The End of the World Is Just Beginning (2022) asks what happens if or when the United States stops policing the global order it established after the Second World War. The short answer is that the world as we know it will come to a grinding, potentially violent halt. The longer answer takes us on a thrilling ride through the politics and economics of trade, energy, and foreign policy.
American Psycho (1991) is a controversial cult novel that uses graphic violence to satirize modern capitalism and consumer culture. It follows the life of Patrick Bateman, a wealthy and handsome investment banker living in Manhattan in the 1980s. Beneath his polished exterior lies a psychopathic killer who preys on his victims without remorse. Bateman’s exploits quickly grow more and more extreme, and his mask of sanity starts to slip.
Profit Over People (1999) is a deep dive into the often hidden world of neoliberalism, revealing how global power structures and US policies are influenced by corporate interests. You’ll be taken on a journey that uncovers an economic system geared toward the affluent, often to the detriment of the many.
Death of a Salesman (1949) is widely regarded as one of the twentieth century’s greatest plays. A poignant critique of the promises and pitfalls of capitalism and the American Dream, it follows the salesman Willy Loman, his increasingly tense relationships with his family and colleagues, and his tragic, hallucinatory descent into fantasy and madness.
Basic Economics (2000) provides a broad yet comprehensive introduction to economic principles, without requiring a background in the subject. Avoiding complicated jargon, it explains core economic concepts in plain English, with the help of real-life examples.
Flash Boys (2014) is an investigation into the dark underbelly of the US financial markets. It also chronicles the birth of a new stock exchange, the IEX, created to counteract a rigged system that was facilitated by technological loopholes and a lack of transparency.
How to Day Trade for a Living (2015) propels you into the exhilarating world of day trading, equipping you with proven strategies and insights for consistent income. This no-nonsense guide demystifies complex concepts, revealing how you can turn the stock market into your personal ATM.
The General Theory of Employment (1936) is a deep dive into the complexities of economic activity and employment. It critically examines how factors like interest rates, human psychology, and speculation influence investment and, ultimately, employment. It argues for more direct intervention by public authorities in organizing investment to mitigate instabilities, particularly during periods of economic downturn.
Atlas Shrugged (1957) plunges you into a dystopian America where the economy stagnates and society crumbles. As you navigate this complex narrative, you'll meet ambitious industrialists and scheming bureaucrats, and encounter the enigmatic question, "Who is John Galt?" Prepare to grapple with philosophical themes of capitalism, individualism, and self-interest in this intricate web of economics, politics, and human resilience.
Capital (1867) represents a groundbreaking analysis of money and its many roles at the height of the industrial revolution. By focusing on the exploitation of the working class, the text challenges traditional economic theories and frames a capitalist economy as a system inherently leading to social inequality and class struggle.
Trading in the Zone (2001) is a deep dive into the psychological aspects of stock trading. It presents a view into a trader's mind, identifying how fear and overconfidence often lead to financial downfall. It also offers a practical framework to manage risk, navigate uncertainties, and develop a winning mindset – enabling anyone to overcome emotional barriers and make more consistent and profitable trades.
Conscious Capitalism (2013) outlines a new vision of enlightened business built on higher purpose that serves all major stakeholders, not just shareholders. It provides insights and examples for creating passionate, value-driven corporate cultures that bring out the best in people.
A Tale of Two Cities (1859) is a historical novel set against the backdrop of the tumultuous times of the French Revolution and London in the late eighteenth century. The story revolves around the lives of Charles Darnay, a French aristocrat, and Sydney Carton, a dissolute English lawyer, who share a striking physical resemblance. As the novel unfolds, it explores themes of sacrifice, resurrection, and the stark contrast between the two cities of Paris and London, ultimately culminating in a powerful and emotionally charged climax.
To Dye For (2023) exposes how the fashion industry harms human health and exploits workers through its use of toxic dyes and lack of supply chain transparency. It delves into the environmental and human costs behind our clothes, while also spotlighting companies innovating health-conscious dyes and production methods. Ultimately, it challenges consumers to make informed choices in order to pressure brands to clean up one of the world’s dirtiest industries.