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Experts Tell Us the Best Books To Learn Economics

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This article showcases our top picks for the Best Books To Learn Economics. We reached out to industry leaders and experts who have contributed the suggestions within this article (they have been credited for their contributions below). We are keen to hear your feedback on all of our content and our comment section is a moderated space to express your thoughts and feelings related (or not) to this article This list is in no particular order.

Basic Economics: A Common Sense Guide to the Economy By Thomas Sowell

This product was recommended by Aria Miller from My Gre Exam PreParation

This book offers introductory knowledge about economics as a practical subject. This helps people become more informed and well-aware citizens. The tone of the book is explanatory and conversational, and it uses simple language to impart unmatched knowledge and ideas. He aims to rule out the misconceptions in society, and focuses on clearing the economic knowledge base of the readers.

The Bitcoin Standard By Saifedean Ammous

This product was recommended by Jeff Neal from The Critter Depot

The premise of this book is what happens if global economics returned to a standard where currency was backed by a hard asset or commodity. It goes through the history of gold, and what money is, and then entertains the thought of using bitcoin as the global reserve currency. It expands further by comparing bitcoin to gold, and how it is a superior hard asset. Although this thought experiment sounds like fan-fiction, it was written by professor who has a doctorate in economics. Although the ideas in The Bitcoin Standard are radical, it’s always good to add some contrarian view points in your mix of thoughts and ideas.

The Reckoning: Financial Accountability By Jacob Soll

This product was recommended by Jim Powell from My Speech Class

Soll guides the reader through well-known historical events and enlightens them on the bookkeeping machinations and clever accounting behind such affairs as the Italian Renaissance, the French Revolution, and the 2008 recession.

Commons Sense Economics By James D. Gwartney

This product was recommended by Jim Powell from My Speech Class

Answers any beginner’s pressing questions on the genre, from how an economy works to redistribute wealth.In addition to explaining important economic concepts like supply and demand, trade, and private ownership, this pick explains why an understanding of economics is important and does so in clear, easy-to-understand prose.

Freakonomics: Revised Edition By Steven D. Levitt & Stephen J. Dubner

This product was recommended by Kerry Lopez from Incrementors Web Solutions

A Rogue Economist Explores the Hidden Side of Everything is the book for you if you want to dip your toes in the ocean of statistics, human behavior, and economics while simultaneously enjoying a page-turning ride free of business jargon. This contentious New York Times Best Seller was first published in 2005 by economist Steven D. Levitt and journalist Stephen J. Dubner. It has since sold over 4 million copies and been made into a film, making it a considerably more broad-reaching economics book than most, which makes sense given that its subject matter spans much beyond traditional economics.

Factfulness by Hans Rosling

This product was recommended by Shiv Gupta from Incrementors Web Solutions

Ten Reasons We’re Wrong About the World—and Why Things Are Better Than You Think was written with a specific goal in mind by Hans Rosling, Anna Rosling Rönnlund, and Ola Rosling. The three aimed to remove ignorance about the situation of the globe, which they discovered was evident in every class, country, and culture they investigated. Regardless of where their subjects lived or how much education they had, the majority of those polled felt the globe was in a worse state than it is, according to practically every imaginable statistic.

A people’s Guide to Capitalism By Hadas Their

This product was recommended by Ryan Yount from Luckluckgo

Though difficult to explain complex economic ideas in a clear, concise, and jargon-free manner, Hadas Their has brilliantly succeeded in this regard by presenting straightforward and entertaining explanations of Marx’s theoretical insights into the nature and development of capitalism. As we face uncertainties in the financial and public health sectors, the book breaks down why the working class and the poor always bear the brunt of crises in capitalism and provides answers to these exact questions.

Dare to Lead by Brene Brown

This product was recommended by Ryan Yount from Luckluckgo

Brene Brown leverages decades of research to present a practical and insightful guide into leadership and workplace management in Dare to Lead. Economics is about managing resources, and whether in changing your organizational culture, the world, or your lifestyle, the book cuts through the noise to humanize economics and offer actionable insights into courageous leadership.

An Inquiry into the Nature and Causes of The Wealth of Nations By Adam Smith

This product was recommended by Olivia Tan from CocoFax

Adam Smith’s 1776 classic is still widely read for good reason. If you want to understand the early theories related to the basic mechanics of economics, An Inquiry into the Nature and Causes of The Wealth of Nations is the most direct route. The editor’s note included in one version of this historic work explains well why this book is still recommended by so many economists, entrepreneurs, and historians. Still, Smith’s breakdowns of the interactions among labor, commodities, stocks, trade, and taxes provide insights into 18th century economics that remain invaluable to the curious student of economics today.

Economics in One Lesson By Henry Hazlitt

This product was recommended by Chloe Daniel from My Tutor Source

A simple, straightforward key to master the art of economics. This book is quite a refreshing change from modern writings on economics. Its focus on the economic liberty of individuals, non-governmental solutions, anti-deficit position, dangers of government intervention, and emphasis on basic concepts and the free market make it an essential guide to the basics of economic theory.

The Economics Book: Big Ideas Simply Explained By DK

This product was recommended by Harriet Chan from CocoFinder

In this book, the complex ideas about Economics were explained in simple terms for better understanding. Here, you can find facts related to the history of economics and a detailed discussion about trading and contemporary economic concepts. You can gain perfect knowledge of Economics after surfing this book.

All About Money – Economics – Business By Margarita Brown & Isaac Joshua Brown

This product was recommended by Steven Walker from Spylix

This workbook will assist students in learning about Money, business, economics, government, and much more. Students will research issues such as how the COVID-19 Pandemic affects the United States and the rest of the world today. They will also investigate historical events that shaped the country, such as the Great Depression.

How a decade of financial crises changed the world By Adam Tooze

This product was recommended by Ben Schorr from UK Deed Poll Office

This book reinterprets the 2008 stock market crash and sheds light on how it indeed affected the global economic scene. Although this is not a “how to” book on economics, it’s a fantastic read that really helps you understand the history of the economic playing field.

The Great Rebalancing By Michael Pettis

This product was recommended by Tim Stumbles from Office Timeline

The book uses a Keynesian approach to untangle current economic myths and the global economy. It covers how a fiscal or monetary policy in one country affects the trade balance of another country. Michael puts a brilliant analysis on China, the EU, and the US. He correctly predicted the increase in trade tensions, countries wanting to leave Eurozone, and China slowing down.. Possessing economics knowledge or not, the book is written so that anyone can read and fathom the author’s enlightening views.

The Economics Book: From Xenophon to Cryptocurrency By Steven G. Medema

This product was recommended by Phillip Villegas from Three Pedal Mafia

The Economics Book provides 250 milestones in the study of the production, sale, and purchase of goods and services, ranging from philosophical conversations in Ancient Greece to moral contemplations in Medieval Europe to deregulation and cryptocurrency. These succinct, interesting, and informative pieces cover a wide range of topics, revealing both humorous stories and world-changing developments. They cover mercantilism, the Enlightenment, communism, econometrics, macroeconomics, game theory, cliometrics, market design theory, and the Keynesian Resurgence. This brilliant, colourfully illustrated compilation will enthral you with a bird’s-eye view of the world’s marketplaces, what has formed and affected them, and what motivates them.

False Economy: A Surprising Economic History By Alan Beattie

This product was recommended by Velin Dragoev from KeenFighter

Written by one an Editor for the Financial Times, False Economy tries to answer the age-old question – Why are some nations fabulously rich, while others are destituely poor? He examines a wide range of economic topics – ranging from macroeconomics and finance, all the way to politics and history, all the while keeping things light and understandable. In addition to learning why Africa doesn’t grow cocaine, why our keyboard spells QWERTY, and why corruption is more complicated than we think, this book will help you create a mental frame of reference for evaluating other books on economics, so that you can quickly get the most out of them.

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