50 Economics Classics: Your shortcut to the most important ideas on capitalism, finance, and the global economy
by Tom Butler-Bowden
Tom Butler-Bowdon has summarized 50 economics books spanning 240 years (1776 to 2016), however 40% of the books were published in the 21st-century, thus offering contemporary relevance with historical context. Indeed he notes in the introduction, “if there is anything that the financial crisis of 2007-08 told us, it is that economic and financial history matters.”
Each book is distilled to about six pages. Among the many topics covered are: the euro, the Great Depression, subprime loans and the 2008 financial crisis, the value of a college education, the economics of cities, free trade, protectionism, globalization, the gold standard, income inequality, innovation and entrepreneurship, investing in the stock market, employment, technology, poverty, famines, crime, foreign aid, property, dead capital, and behavioral economics.
Here are some selected highlights. Continue reading