The 10 most famous economics books
There are many books on economics, and as a result, there are a wide variety of books that specialize in different niches. Therefore, you are sure to find the right book for you, if you want:
- Read a work on behavioral economics.
- Learn more about the history of the economy.
- Understand the key principles of macroeconomics .
For example, an excellent piece of work that would complement any study on behavioral economics is Think Fast, Think Slow by Daniel Kahneman. A psychologist by profession, Kahneman describes decades of his work, arguing that humans, far from being homo economicus, can actually act in quite irrational ways .
Similarly, if you want to delve into the past and read a classic work on economics, you can read The Wealth of Nations by Adam Smith, which deals with topics such as the free market, along with the division of labor.
Reading multiple papers, from several different economic niches, will not only increase your appreciation for schools of economic thought, but you will also immediately become familiar with the key theories and beliefs of economists.
For example, whether or not you agree with his writings, you can understand much about what Karl Marx had to say about capitalism and their views on socialism in his works The Communist Manifesto and the capital. Often times, it is much easier to understand a thinker’s perspective and ideas once you read their own words on the subject, rather than reading an inexpensive paper summary.