{"id":2036,"date":"2022-03-13T13:42:14","date_gmt":"2022-03-13T13:42:14","guid":{"rendered":"https:\/\/www.scijournal.org\/articles\/?p=2036"},"modified":"2024-04-18T02:44:16","modified_gmt":"2024-04-17T18:44:16","slug":"economics-and-finance-books","status":"publish","type":"post","link":"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books","title":{"rendered":"16 Must-Read Economics And Finance Books"},"content":{"rendered":"\n<p><em>Ever wondered what the must-read Economics and Finance books are? Here is our take.<\/em><\/p>\n\n\n\n<p>Whether you want to refresh your knowledge, read a new subject, or entertain yourself with a story, the right book can offer valuable insights into the world you are seeking to explore.&nbsp;<\/p>\n\n\n\n<p>We have conducted research on the best economics and finance books that most universities recommend for their students.&nbsp;<\/p>\n\n\n\n<p>We also considered experts&#8217; and readers&#8217; reviews to generate an article on the top economics and finance books you should read today.<\/p>\n\n\n\n<p>This list helps researchers who are tucked in their daily grind to develop their next breakthrough ideas.<\/p>\n\n\n\n<p>For a layperson, this helps you become a well-read lifetime learner.<\/p>\n\n\n\n<p>Let&#8217;s take a look at each book&#8217;s introduction, summary, and key takeaways.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_67_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e598fa3bdbf\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e598fa3bdbf\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Overview_of_the_best_Economics_And_Finance_Books\" title=\"Overview of the best Economics And Finance Books\">Overview of the best Economics And Finance Books<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Part_I_Best_Economics_Books\" title=\"Part I: Best Economics Books\">Part I: Best Economics Books<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#The_Armchair_Economist_by_Steven_Landsburg\" title=\"The Armchair Economist by Steven Landsburg\">The Armchair Economist by Steven Landsburg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#The_Undercover_Economist_by_Tim_Harford\" title=\"The Undercover Economist by Tim Harford\">The Undercover Economist by Tim Harford<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#The_Reckoning_Financial_Accountability_and_the_Rise_and_Fall_of_Nations_by_Jacob_Soll\" title=\"The Reckoning: Financial Accountability and the Rise and Fall of Nations by Jacob Soll\">The Reckoning: Financial Accountability and the Rise and Fall of Nations by Jacob Soll<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#An_Inquiry_into_the_Nature_and_Causes_of_The_Wealth_of_Nations_by_Adam_Smith\" title=\"An Inquiry into the Nature and Causes of The Wealth of Nations by Adam Smith\">An Inquiry into the Nature and Causes of The Wealth of Nations by Adam Smith<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Freakonomics_A_Rogue_Economist_Explores_the_Hidden_Side_of_Everything_by_Steven_D_Levitt_and_Stephen_J_Dubner\" title=\"Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt and Stephen J. Dubner\">Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt and Stephen J. Dubner<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Good_Economics_for_Hard_Times_by_Abhijit_V_Banerjee_and_Esther_Duflo\" title=\"Good Economics for Hard Times by Abhijit V. Banerjee and Esther Duflo\">Good Economics for Hard Times by Abhijit V. Banerjee and Esther Duflo<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Factfulness_Ten_Reasons_Were_Wrong_About_the_World%E2%80%94and_Why_Things_Are_Better_Than_You_Think_by_Hans_Rosling\" title=\"Factfulness: Ten Reasons We\u2019re Wrong About the World\u2014and Why Things Are Better Than You Think by Hans Rosling\">Factfulness: Ten Reasons We\u2019re Wrong About the World\u2014and Why Things Are Better Than You Think by Hans Rosling<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#The_Return_of_Depression_Economics_and_the_Crisis_of_2008_by_Paul_Krugman\" title=\"The Return of Depression Economics and the Crisis of 2008 by Paul Krugman\">The Return of Depression Economics and the Crisis of 2008 by Paul Krugman<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Zombie_Economics_How_Dead_Ideas_Still_Walk_among_Us_by_John_Quiggin\" title=\"Zombie Economics: How Dead Ideas Still Walk among Us by John Quiggin\">Zombie Economics: How Dead Ideas Still Walk among Us by John Quiggin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Principles_for_Dealing_with_the_Changing_World_Order_Why_Nations_Succeed_and_Fail\" title=\"Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail\">Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Part_II_Finance_Investing\" title=\"Part II: Finance \/ Investing&nbsp;\">Part II: Finance \/ Investing&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#The_Intelligent_Investor_by_Benjamin_Graham\" title=\"The Intelligent Investor by Benjamin Graham\">The Intelligent Investor by Benjamin Graham<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Capitalism_and_Freedom_by_Milton_Friedman_and_Binyamin_Appelbaum\" title=\"Capitalism and Freedom by Milton Friedman and Binyamin Appelbaum\">Capitalism and Freedom by Milton Friedman and Binyamin Appelbaum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#A_Random_Walk_Down_Wall_Street_The_Time-Tested_Strategy_for_Successful_Investing_by_Burton_Malkiel\" title=\"A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Malkiel\">A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Malkiel<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Fooled_by_Randomness_The_Hidden_Role_of_Chance_in_Life_and_the_Markets_by_Nassim_Nicholas_Taleb\" title=\"Fooled by Randomness: The Hidden Role of Chance in Life and the Markets by Nassim Nicholas Taleb\">Fooled by Randomness: The Hidden Role of Chance in Life and the Markets by Nassim Nicholas Taleb<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Security_Analysis_Principles_and_Technique_by_Benjamin_Graham\" title=\"Security Analysis: Principles and Technique by Benjamin Graham\">Security Analysis: Principles and Technique by Benjamin Graham<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#The_Creature_from_Jekyll_Island_by_George_Edward_Griffin\" title=\"The Creature from Jekyll Island by George Edward Griffin\">The Creature from Jekyll Island by George Edward Griffin<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview_of_the_best_Economics_And_Finance_Books\"><\/span><strong>Overview<\/strong> of the best Economics And Finance Books<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Part I: Best Economics Books<\/p>\n\n\n\n<ol><li>The Armchair Economist by Steven Landsburg (<a href=\"https:\/\/www.amazon.com\/Armchair-Economist-Economics-Everyday-Life\/dp\/1451651732?crid=30APTPCZZV46N&amp;keywords=The+Armchair+Economist+by+Steven+Landsburg&amp;qid=1647143729&amp;s=audible&amp;sprefix=the+armchair+economist+by+steven+landsburg+%2Caudible%2C423&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=5499d9919f28e71ef038142f1beb0ca0&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>The Undercover Economist by Tim Harford (<a href=\"https:\/\/www.amazon.com\/The-Undercover-Economist\/dp\/B00JHNTASY?crid=F19M35I2O8VN&amp;keywords=The+Undercover+Economist+by+Tim+Harford&amp;qid=1647143689&amp;sprefix=the+undercover+economist+by+tim+harford%2Caps%2C416&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=8a5ff2f7a5dfdf7cc0ca41176c480f5a&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>The Reckoning by Jacob Soll (<a href=\"https:\/\/www.amazon.com\/Reckoning-Financial-Accountability-Rise-Nations\/dp\/0465031528?crid=1LI5FFG5VK3LD&amp;keywords=The+Reckoning+by+Jacob+Soll&amp;qid=1647143667&amp;s=audible&amp;sprefix=the+wealth+of+nations+by+adam+smith%2Caudible%2C494&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=1ecd294861394cb4caffeeeafd7be0c0&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>The Wealth of Nations by Adam Smith (<a href=\"https:\/\/www.amazon.com\/The-Wealth-of-Nations-audiobook\/dp\/B004INR39G?crid=2TJCHH2HK79A0&amp;keywords=The+Wealth+of+Nations+by+Adam+Smith&amp;qid=1647143638&amp;s=audible&amp;sprefix=the+wealth+of+nations+by+adam+smith%2Caudible%2C414&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=8e5c3b6a74bebd79500d73294ba7f5f8&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Freakonomics by Steven D. Levitt (<a href=\"https:\/\/www.amazon.com\/Freakonomics-audiobook\/dp\/B01E60XNK8?crid=1HJ31UD7S5QD1&amp;keywords=Freakonomics+by+Steven+D.+Levitt&amp;qid=1647143615&amp;s=audible&amp;sprefix=good+economics+for+hard+times%2Caudible%2C494&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=e5b866764193f77b4dcba93efcadef00&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Good Economics for Hard Times by Abhijit V. Banerjee and Esther Duflo (<a href=\"https:\/\/www.amazon.com\/Good-Economics-for-Hard-Times-audiobook\/dp\/B07YL5N1HX?crid=3PWEV0TDJILUT&amp;keywords=Good+Economics+for+Hard+Times&amp;qid=1647143585&amp;s=audible&amp;sprefix=good+economics+for+hard+times+%2Caudible%2C402&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=b86ac0f891226a4b610b6ffa17bbb57d&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Factfulness by Hans Rosling (<a href=\"https:\/\/www.amazon.com\/Factfulness-audiobook\/dp\/B078F6YL9J?crid=2GBJLXNT78MP4&amp;keywords=Factfulness+by+Hans+Rosling&amp;qid=1647143565&amp;sprefix=the+return+of+depression+economics+and+the+crisis+of+2008+by+paul+krugman%2Caps%2C473&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=a93925c50926cc592e5175a66da27763&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>The Return of Depression Economics and the Crisis of 2008 by Paul Krugman&nbsp; (<a href=\"https:\/\/www.amazon.com\/Return-Depression-Economics-Crisis-2008\/dp\/0393337804?crid=1BE2J6PDMERWD&amp;keywords=The+Return+of+Depression+Economics+and+the+Crisis+of+2008+by+Paul+Krugman&amp;qid=1647143538&amp;sprefix=zombie+economics+by+john+quiggina%2Caps%2C490&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=10306e09bf0e14ae7aaed16d1158f5a6&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Zombie Economics by John Quiggin (<a href=\"https:\/\/www.amazon.com\/s?k=Zombie+Economics+by+John+Quiggin&amp;i=audible&amp;crid=NH1GRM3UYP09&amp;sprefix=zombie+economics+by+john+quiggin%2Caudible%2C309&amp;linkCode=ll2&amp;tag=site-02-science-20&amp;linkId=360ec5f19f82519cc37f6f4a6bed5c51&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail (<a href=\"https:\/\/www.amazon.com\/Changing-World-Order-Nations-Succeed\/dp\/B08CVSKXR8?crid=1IFNNEFUBIY1Q&amp;keywords=Principles+for+Dealing+with+the+Changing+World+Order&amp;qid=1647143488&amp;s=audible&amp;sprefix=principles+for+dealing+with+the+changing+world+order%2Caudible%2C409&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=ced63015db2caaadce2beaf2d9d31138&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><\/ol>\n\n\n\n<p>Part II: Finance \/ Investing<\/p>\n\n\n\n<ol start=\"11\"><li>The Intelligent Investor by Benjamin Graham (<a href=\"https:\/\/www.amazon.com\/Intelligent-Investor-Rev-Ed-audiobook\/dp\/B00V7328GS?crid=V6NO5U7GZI4N&amp;keywords=The+Intelligent+Investor+by+Benjamin+Graham&amp;qid=1647143460&amp;s=audible&amp;sprefix=the+intelligent+investor+by+benjamin+graham%2Caudible%2C487&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=a282765f3805f0da58107a4255d45b66&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Capitalism and Freedom by Milton Friedman (<a href=\"https:\/\/www.amazon.com\/Capitalism-Freedom-Fortieth-Anniversary\/dp\/B071J4Z5JJ?crid=2ZYWFFFO0RSMX&amp;keywords=Capitalism+and+Freedom+by+Milton+Friedman&amp;qid=1647143412&amp;s=audible&amp;sprefix=capitalism+and+freedom+by+milton+friedman%2Caudible%2C424&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=bc45276cc85dcb25783a283562b35296&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>A Random Walk Down Wall Street (<a href=\"https:\/\/www.amazon.com\/Random-Walk-Down-Wall-Street\/dp\/B07MWDML9V?crid=IXFAEUDAOMT9&amp;keywords=A+Random+Walk+Down+Wall+Street&amp;qid=1647143385&amp;s=audible&amp;sprefix=fooled+by+randomness+by+nassim+nicholas+taleb%2Caudible%2C509&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=6a5b96917e181d94e176ac0a22ba5e31&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Fooled by Randomness (<a href=\"https:\/\/www.amazon.com\/Fooled-by-Randomness-audiobook\/dp\/B0012IZFRW?crid=1D9YYF2FVB975&amp;keywords=fooled+by+randomness+by+nassim+nicholas+taleb&amp;qid=1647143362&amp;s=audible&amp;sprefix=Fooled+by+Randomness%2Caudible%2C525&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=5b39986e53bcc0e1ba4e3d07774f7b05&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>Security Analysis by Benjamin Graham (<a href=\"https:\/\/www.amazon.com\/Security-Analysis-Foreword-Warren-Buffett\/dp\/B083PQCDRJ?crid=2C0HUHGJ76DPS&amp;keywords=Security+Analysis+by+Benjamin+Graham&amp;qid=1647143340&amp;s=books&amp;sprefix=the+creature+from+jekyll+island%2Cstripbooks-intl-ship%2C715&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=b9825d2765ca18b3fe2e7f397b7843a7&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><li>The Creature from Jekyll Island by George Edward Griffin (<a href=\"https:\/\/www.amazon.com\/Creature-Jekyll-Island-Published-Griffin\/dp\/B00NBJGFD8?keywords=The+Creature+from+Jekyll+Island&amp;qid=1647143300&amp;s=books&amp;sr=1-2&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=27506fba456305ba85d93285af5a678e&amp;language=en_US&amp;ref_=as_li_ss_tl\" rel=\"nofollow sponsored noopener\" target=\"_blank\">Get the book<\/a>)<\/li><\/ol>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Part_I_Best_Economics_Books\"><\/span><strong>Part I: Best Economics Books<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Armchair_Economist_by_Steven_Landsburg\"><\/span><strong>The Armchair Economist by Steven Landsburg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><\/h4>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Armchair-Economist-Economics-Everyday-Life\/dp\/1451651732?crid=30APTPCZZV46N&amp;keywords=The+Armchair+Economist+by+Steven+Landsburg&amp;qid=1647143729&amp;s=audible&amp;sprefix=the+armchair+economist+by+steven+landsburg+%2Caudible%2C423&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=5499d9919f28e71ef038142f1beb0ca0&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image12-1-666x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2042\" width=\"374\" height=\"575\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image12-1-666x1024.jpg 666w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image12-1-195x300.jpg 195w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image12-1-768x1180.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image12-1.jpg 833w\" sizes=\"(max-width: 374px) 100vw, 374px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Armchair-Economist-Economics-Everyday-Life\/dp\/1451651732?crid=30APTPCZZV46N&amp;keywords=The+Armchair+Economist+by+Steven+Landsburg&amp;qid=1647143729&amp;s=audible&amp;sprefix=the+armchair+economist+by+steven+landsburg+%2Caudible%2C423&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=5499d9919f28e71ef038142f1beb0ca0&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>The Armchair Economist was originally published in 1993. Every economics student should grab it to learn Steven Landsurg&#8217;s economic theory. Plus economics history. He shortened his theory to four magical words &#8220;people respond to incentives.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>Written by an economics professor, the book explains some of the true nature of policies. The Armchair Economist covers a wide range of topics from the budget deficit, economic growth, unemployment, and the analysis of cost benefits.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Use economic theory to solve today&#8217;s challenges.<\/li><li>Focus on timeless principles proven time and over. That&#8217;s what the Armchair Economist does.<\/li><li>When people concede to incentives, uncomfortable results occur.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Undercover_Economist_by_Tim_Harford\"><\/span><strong>The Undercover Economist by Tim Harford<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/The-Undercover-Economist\/dp\/B00JHNTASY?crid=F19M35I2O8VN&amp;keywords=The+Undercover+Economist+by+Tim+Harford&amp;qid=1647143689&amp;sprefix=the+undercover+economist+by+tim+harford%2Caps%2C416&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=8a5ff2f7a5dfdf7cc0ca41176c480f5a&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image2-1-668x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2043\" width=\"299\" height=\"458\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image2-1-668x1024.jpg 668w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image2-1-196x300.jpg 196w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image2-1-768x1177.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image2-1.jpg 835w\" sizes=\"(max-width: 299px) 100vw, 299px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-2 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/The-Undercover-Economist\/dp\/B00JHNTASY?crid=F19M35I2O8VN&amp;keywords=The+Undercover+Economist+by+Tim+Harford&amp;qid=1647143689&amp;sprefix=the+undercover+economist+by+tim+harford%2Caps%2C416&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=8a5ff2f7a5dfdf7cc0ca41176c480f5a&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>Recommended by the Economist, New York Times, Business Today, Daily Telegraph (UK), and Steven Levitt, the author of <strong><em>Freakonomics<\/em><\/strong>, this book is an intriguing read even for those without prior knowledge of economics.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>This book clarifies advanced economic theories using simple examples.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Written by Tim Harford, the columnist for the Financial Times, the book is a manual for understanding economic trends, the market economy, and global economic progress.<\/p>\n\n\n\n<p><strong><em>The Undercover Economist<\/em><\/strong> also exposes some of the secrets about the dollar.<\/p>\n\n\n\n<p>The book covers game theory, guerrilla prices, and high rent rates in the UK (London) without jargon.<\/p>\n\n\n\n<p><strong>Key Takeaways&nbsp;<\/strong><\/p>\n\n\n\n<ol><li>Economics is a relevant subject that applies to many disciplines.<\/li><li>The forces of the free market affect us daily.<\/li><li>Economics theory can provide answers to several challenges in the world.&nbsp;<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Reckoning_Financial_Accountability_and_the_Rise_and_Fall_of_Nations_by_Jacob_Soll\"><\/span><strong>The Reckoning: Financial Accountability and the Rise and Fall of Nations by Jacob Soll<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Reckoning-Financial-Accountability-Rise-Nations\/dp\/0465031528?crid=1LI5FFG5VK3LD&amp;keywords=The+Reckoning+by+Jacob+Soll&amp;qid=1647143667&amp;s=audible&amp;sprefix=the+wealth+of+nations+by+adam+smith%2Caudible%2C494&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=1ecd294861394cb4caffeeeafd7be0c0&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image8-1-666x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2044\" width=\"314\" height=\"483\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image8-1-666x1024.jpg 666w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image8-1-195x300.jpg 195w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image8-1-768x1180.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image8-1.jpg 833w\" sizes=\"(max-width: 314px) 100vw, 314px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Reckoning-Financial-Accountability-Rise-Nations\/dp\/0465031528?crid=1LI5FFG5VK3LD&amp;keywords=The+Reckoning+by+Jacob+Soll&amp;qid=1647143667&amp;s=audible&amp;sprefix=the+wealth+of+nations+by+adam+smith%2Caudible%2C494&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=1ecd294861394cb4caffeeeafd7be0c0&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p><strong><em>The Reckoning<\/em><\/strong> is highly recommended by Investopedia.<\/p>\n\n\n\n<p>Written by a historian, this groundbreaking publication uses historically wealthy individuals to emphasize financial accountability.&nbsp;<\/p>\n\n\n\n<p><strong><em>The Reckoning<\/em><\/strong> is also highly rated, as one of the best finance books, by the Wall Street Journal, Global Finance, and Jack Rakove (winner of the Pulitzer Prize.)&nbsp; Finance students will find this book rich in information about the financial world.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>Jacob explains the importance of honesty in accounting. He relates the decline in the economic world to questionable financial accounting.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Be knowledgeable in history. Jacob Soll argues that history is the foundation of many great empires.<\/li><li>Take responsibility for every decision you make.<\/li><li>Financial accountability makes a society rise.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_Inquiry_into_the_Nature_and_Causes_of_The_Wealth_of_Nations_by_Adam_Smith\"><\/span><strong>An Inquiry into the Nature and Causes of The Wealth of Nations by Adam Smith<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/The-Wealth-of-Nations-audiobook\/dp\/B004INR39G?crid=2TJCHH2HK79A0&amp;keywords=The+Wealth+of+Nations+by+Adam+Smith&amp;qid=1647143638&amp;s=audible&amp;sprefix=the+wealth+of+nations+by+adam+smith%2Caudible%2C414&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=8e5c3b6a74bebd79500d73294ba7f5f8&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image6-1-1024x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2045\" width=\"616\" height=\"616\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image6-1-1024x1024.jpg 1024w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image6-1-300x300.jpg 300w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image6-1-150x150.jpg 150w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image6-1-768x768.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image6-1.jpg 1280w\" sizes=\"(max-width: 616px) 100vw, 616px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-4 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/The-Wealth-of-Nations-audiobook\/dp\/B004INR39G?crid=2TJCHH2HK79A0&amp;keywords=The+Wealth+of+Nations+by+Adam+Smith&amp;qid=1647143638&amp;s=audible&amp;sprefix=the+wealth+of+nations+by+adam+smith%2Caudible%2C414&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=8e5c3b6a74bebd79500d73294ba7f5f8&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>&#8220;<em>The Wealth of Nations<\/em>&#8221; is an all-time classic for any serious student of economics And finance. The book is likely already recommended by your own her for you to build a strong foundation for <a href=\"https:\/\/www.scijournal.org\/articles\/z-library-review\" data-wpil-monitor-id=\"391\">economic<\/a> knowledge about economic history.<\/p>\n\n\n\n<p>Did you know it was also published in 1776 the same year as the Declaration of Independence?<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>Adam Smith explains that the main purpose of an economy is to create wealth. He also argues that the government should not interfere with the economy, as this will only lead to corruption. The book tries to answer the question of why some nations are wealthier than others.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Wealth is created through economic activity, not government intervention.<\/li><li>Corruption occurs when government meddles in the economy.<\/li><li>Some nations are wealthier than others because they have more economic activity.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Freakonomics_A_Rogue_Economist_Explores_the_Hidden_Side_of_Everything_by_Steven_D_Levitt_and_Stephen_J_Dubner\"><\/span><strong>Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt and Stephen J. Dubner<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Freakonomics-audiobook\/dp\/B01E60XNK8?crid=1HJ31UD7S5QD1&amp;keywords=Freakonomics+by+Steven+D.+Levitt&amp;qid=1647143615&amp;s=audible&amp;sprefix=good+economics+for+hard+times%2Caudible%2C494&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=e5b866764193f77b4dcba93efcadef00&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image10-1-673x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2046\" width=\"394\" height=\"599\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image10-1-673x1024.jpg 673w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image10-1-197x300.jpg 197w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image10-1-768x1169.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image10-1.jpg 841w\" sizes=\"(max-width: 394px) 100vw, 394px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-5 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Freakonomics-audiobook\/dp\/B01E60XNK8?crid=1HJ31UD7S5QD1&amp;keywords=Freakonomics+by+Steven+D.+Levitt&amp;qid=1647143615&amp;s=audible&amp;sprefix=good+economics+for+hard+times%2Caudible%2C494&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=e5b866764193f77b4dcba93efcadef00&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p><strong><em>Freakonomics<\/em><\/strong> is recommended by Investopedia.<\/p>\n\n\n\n<p>The collaboration between Steven Levitt, a professor at the University of Chicago, and Stephen Dubner, a New York Times journalist, produced an economics book that sold over 4 million copies.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>This powerful book employs a clear publication language, case studies, questions, and riddles to explain topics that seemed to be unrelated but are very much in the social science category.&nbsp;<\/p>\n\n\n\n<p>He uses the sumo wrestlers, drug gangs, creating teachers, real estate agents, and the swimming pool question to highlight violent crime, drug dealing, and cheating.<\/p>\n\n\n\n<p><strong><em>Freakonomics<\/em><\/strong> is an easy introduction to economics. Steven recommends the use of statistical analysis to approach everyday life problems.&nbsp;<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Analyze everything carefully. Make your decisions based on solid statistical data.<\/li><li>Be open to other alternative possibilities. Freakonomics concludes that the decline in crime rate in the late 20th century was largely due to readily available abortion.<\/li><li>Be ready to challenge conventional wisdom.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Good_Economics_for_Hard_Times_by_Abhijit_V_Banerjee_and_Esther_Duflo\"><\/span><strong>Good Economics for Hard Times by Abhijit V. Banerjee and Esther Duflo<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Good-Economics-for-Hard-Times-audiobook\/dp\/B07YL5N1HX?crid=3PWEV0TDJILUT&amp;keywords=Good+Economics+for+Hard+Times&amp;qid=1647143585&amp;s=audible&amp;sprefix=good+economics+for+hard+times+%2Caudible%2C402&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=b86ac0f891226a4b610b6ffa17bbb57d&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image16-673x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2047\" width=\"306\" height=\"466\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image16-673x1024.jpg 673w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image16-197x300.jpg 197w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image16-768x1169.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image16.jpg 841w\" sizes=\"(max-width: 306px) 100vw, 306px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-6 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Good-Economics-for-Hard-Times-audiobook\/dp\/B07YL5N1HX?crid=3PWEV0TDJILUT&amp;keywords=Good+Economics+for+Hard+Times&amp;qid=1647143585&amp;s=audible&amp;sprefix=good+economics+for+hard+times+%2Caudible%2C402&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=b86ac0f891226a4b610b6ffa17bbb57d&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>Written by Nobel Prize winners, <strong><em>Good Economics<\/em><\/strong> <strong><em>for Hard Times<\/em><\/strong> is a book you should read to understand sound economic principles and deconstruct some myths while at it.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>The book traces the financial world&#8217;s problems and gives solutions to all of them. The factors affecting economies outlined in this book include income inequality, immigration, technological unemployment, climate change, globalization, and slow economic growth.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Poor people make more sound decisions, not what many think.<\/li><li>Economic research is valuable to solving the problems affecting economies.<\/li><li>Immigrants rarely grab jobs from native workers. The belief that an increase of immigrants will lead to a decrease of wages is false.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Factfulness_Ten_Reasons_Were_Wrong_About_the_World%E2%80%94and_Why_Things_Are_Better_Than_You_Think_by_Hans_Rosling\"><\/span><strong>Factfulness: Ten Reasons We\u2019re Wrong About the World\u2014and Why Things Are Better Than You Think by Hans Rosling<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Factfulness-audiobook\/dp\/B078F6YL9J?crid=2GBJLXNT78MP4&amp;keywords=Factfulness+by+Hans+Rosling&amp;qid=1647143565&amp;sprefix=the+return+of+depression+economics+and+the+crisis+of+2008+by+paul+krugman%2Caps%2C473&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=a93925c50926cc592e5175a66da27763&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image11-1-673x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2048\" width=\"324\" height=\"493\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image11-1-673x1024.jpg 673w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image11-1-197x300.jpg 197w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image11-1-768x1169.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image11-1.jpg 841w\" sizes=\"(max-width: 324px) 100vw, 324px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-7 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Factfulness-audiobook\/dp\/B078F6YL9J?crid=2GBJLXNT78MP4&amp;keywords=Factfulness+by+Hans+Rosling&amp;qid=1647143565&amp;sprefix=the+return+of+depression+economics+and+the+crisis+of+2008+by+paul+krugman%2Caps%2C473&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=a93925c50926cc592e5175a66da27763&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p><strong><em>Factfulnesss<\/em><\/strong> is not your ordinary economic textbook, but it is essential in understanding the world. Bill Gates highly praised Factfulness to graduates. Melinda Gates and Barack Obama are other notable personalities who recommend Factfulness.<\/p>\n\n\n\n<p><strong>Summary-What this book is about&nbsp;<\/strong><\/p>\n\n\n\n<p>Hans Rosling argues that most people have wrong information about the world. These people believe the world is more dangerous, less healthy, and poorer than it is.<\/p>\n\n\n\n<p>Rosling opposed the criterion for grouping nations into either &#8220;developing countries&#8221; or &#8220;developed countries &#8220;. The book indicates why the author feels this system is outdated. Instead, <strong><em>Factfulness<\/em><\/strong> proposes a four-category grouping system based on personal income.&nbsp;<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Support your opinions with statistical data. Ditch those you can&#8217;t support and you&#8217;ll be stress-free.<\/li><li>When we view the world through statistics, we&#8217;ll see that the world is not as dangerous, sick, or poor as media might make you think.<\/li><li>Human progress is slow due to the much misinformation that we hold.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Return_of_Depression_Economics_and_the_Crisis_of_2008_by_Paul_Krugman\"><\/span><strong>The Return of Depression Economics and the Crisis of 2008 by Paul Krugman<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Return-Depression-Economics-Crisis-2008\/dp\/0393337804?crid=1BE2J6PDMERWD&amp;keywords=The+Return+of+Depression+Economics+and+the+Crisis+of+2008+by+Paul+Krugman&amp;qid=1647143538&amp;sprefix=zombie+economics+by+john+quiggina%2Caps%2C490&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=10306e09bf0e14ae7aaed16d1158f5a6&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image13-1-668x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2049\" width=\"328\" height=\"503\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image13-1-668x1024.jpg 668w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image13-1-196x300.jpg 196w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image13-1-768x1177.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image13-1.jpg 835w\" sizes=\"(max-width: 328px) 100vw, 328px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-8 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Return-Depression-Economics-Crisis-2008\/dp\/0393337804?crid=1BE2J6PDMERWD&amp;keywords=The+Return+of+Depression+Economics+and+the+Crisis+of+2008+by+Paul+Krugman&amp;qid=1647143538&amp;sprefix=zombie+economics+by+john+quiggina%2Caps%2C490&amp;sr=8-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=10306e09bf0e14ae7aaed16d1158f5a6&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>The celebrated economist and an award-winning author, Paul Krugman&#8217;s <strong><em>The Return of Depression Economics and the Crisis of 2008<\/em><\/strong>, promotes a better understanding of the economic system.&nbsp;<\/p>\n\n\n\n<p>The book utilizes simple publication language to discuss the US financial system while drawing comparisons with the Great Depression.&nbsp;<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong>&nbsp;<\/p>\n\n\n\n<p>This book explores the liquidity crisis of 2008, discussing economic market crashes and the risks associated with the US banking system.&nbsp;<\/p>\n\n\n\n<p>Paul Krugman discusses topics ranging from the history of economics to the financial crisis of 2008.<\/p>\n\n\n\n<p>Krugman proposes the application of the lessons learned in the Great Depression to tackle today&#8217;s problems.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Past solutions can be helpful today. You just have to be careful when reintroducing them.<\/li><li>Be bold, courageous, and critical when making decisions.<\/li><li>Always be prepared for challenging situations and crises in life. There is no smooth ride, not even in economics.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zombie_Economics_How_Dead_Ideas_Still_Walk_among_Us_by_John_Quiggin\"><\/span><strong>Zombie Economics: How Dead Ideas Still Walk among Us by John Quiggin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/s?k=Zombie+Economics+by+John+Quiggin&amp;i=audible&amp;crid=NH1GRM3UYP09&amp;sprefix=zombie+economics+by+john+quiggin%2Caudible%2C309&amp;linkCode=ll2&amp;tag=site-02-science-20&amp;linkId=360ec5f19f82519cc37f6f4a6bed5c51&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image9-1-668x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2050\" width=\"282\" height=\"432\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image9-1-668x1024.jpg 668w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image9-1-196x300.jpg 196w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image9-1-768x1177.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image9-1.jpg 835w\" sizes=\"(max-width: 282px) 100vw, 282px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-9 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/s?k=Zombie+Economics+by+John+Quiggin&amp;i=audible&amp;crid=NH1GRM3UYP09&amp;sprefix=zombie+economics+by+john+quiggin%2Caudible%2C309&amp;linkCode=ll2&amp;tag=site-02-science-20&amp;linkId=360ec5f19f82519cc37f6f4a6bed5c51&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>If you are looking for a book that explores the relationship between politics and economics, you have one now. <strong><em>Zombie Economics<\/em><\/strong> is a good economics book on the Great Recession.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>John Quinn pinpoints the deteriorations that led to the financial crisis of the late 2000s. He discusses how these failings still haunt us and will continue to be part of us until we solve them.&nbsp;<\/p>\n\n\n\n<p>The book also covers the assumptions related to market liberation and other topics ranging from private ownership, DSGE modeling (Dynamic Stochastic General Equilibrium), moderation economics to efficient financial markets.<\/p>\n\n\n\n<p>Overall, this book is valuable to students and professionals.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Humility is essential but real wisdom is golden.<\/li><li>It&#8217;s important to understand continuity and change.<\/li><li>Make sound policies based on statistics, Nathan then lies.&nbsp;&nbsp;<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Principles_for_Dealing_with_the_Changing_World_Order_Why_Nations_Succeed_and_Fail\"><\/span><strong>Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.amazon.com\/Changing-World-Order-Nations-Succeed\/dp\/B08CVSKXR8?crid=1IFNNEFUBIY1Q&amp;keywords=Principles+for+Dealing+with+the+Changing+World+Order&amp;qid=1647143488&amp;s=audible&amp;sprefix=principles+for+dealing+with+the+changing+world+order%2Caudible%2C409&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=ced63015db2caaadce2beaf2d9d31138&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image5-1.png\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2051\" width=\"394\" height=\"394\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image5-1.png 500w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image5-1-300x300.png 300w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image5-1-150x150.png 150w\" sizes=\"(max-width: 394px) 100vw, 394px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-10 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Changing-World-Order-Nations-Succeed\/dp\/B08CVSKXR8?crid=1IFNNEFUBIY1Q&amp;keywords=Principles+for+Dealing+with+the+Changing+World+Order&amp;qid=1647143488&amp;s=audible&amp;sprefix=principles+for+dealing+with+the+changing+world+order%2Caudible%2C409&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=ced63015db2caaadce2beaf2d9d31138&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>Ray Dailo is the founder of Bridgewater Associates, the planet\u2019s biggest hedge fund. Naturally, when he shares his knowledge, people want to listen.&nbsp;<\/p>\n\n\n\n<p>This book is great for understanding the patterns of what happened in the past, so we can better prepare for the future.&nbsp;<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>History, according to Mr. Dalio, is cyclical, a &#8220;perpetual-motion machine.&#8221; Big Cycles occur in big countries, swinging between &#8220;peaceful and prosperous periods of great creativity and productivity&#8221; and &#8220;depression, revolution, and war periods when there is a lot of fighting over wealth and power and a lot of destruction.&#8221;&nbsp;<\/p>\n\n\n\n<p>The cycle of good and bad finances, the cycle of order and disorder inside a nation, and the cycle of external order and disorder are all important, according to him. Mr. Dalio compares periods of &#8220;boom and bust, peace and conflict&#8221; to &#8220;the tide going in and out.&#8221; You can&#8217;t help but conclude that his belief in history&#8217;s ineluctable &#8220;cycles&#8221; is tinged with fatalism.<\/p>\n\n\n\n<p>He also ponders the history of the three countries that have given the world its most recent reserve currency. The Dutch were the first to &#8220;create&#8221; capitalism and ships that traveled &#8220;across the globe to acquire wealth.&#8221;&nbsp;<\/p>\n\n\n\n<p>The demise of the Dutch guilder occurred at the same time as the growth of Britain and the pound, both of which gave way to the American empire and the dollar after 1945.&nbsp;<\/p>\n\n\n\n<p>Mr. Dalio asserts that really large booms and busts &#8220;occur approximately once in a lifetime,&#8221; and that the best way to avoid being caught off guard by either is to be well-versed in &#8220;the patterns of history across many generations.&#8221; Investors\u2014and, by extension, nations\u2014are better equipped to withstand cyclical fluctuations when they study history.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Knowing history helps you to be a successful investor&nbsp;<\/li><li>China will rise to replace the US as the dominant world power<\/li><li>Big conflicts usually occur when a world order changes<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Part_II_Finance_Investing\"><\/span><strong>Part II: Finance \/ Investing&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Intelligent_Investor_by_Benjamin_Graham\"><\/span><strong>The Intelligent Investor by Benjamin Graham<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Intelligent-Investor-Rev-Ed-audiobook\/dp\/B00V7328GS?crid=V6NO5U7GZI4N&amp;keywords=The+Intelligent+Investor+by+Benjamin+Graham&amp;qid=1647143460&amp;s=audible&amp;sprefix=the+intelligent+investor+by+benjamin+graham%2Caudible%2C487&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=a282765f3805f0da58107a4255d45b66&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image15-664x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2052\" width=\"337\" height=\"520\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image15-664x1024.jpg 664w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image15-195x300.jpg 195w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image15-768x1184.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image15.jpg 830w\" sizes=\"(max-width: 337px) 100vw, 337px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-11 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Intelligent-Investor-Rev-Ed-audiobook\/dp\/B00V7328GS?crid=V6NO5U7GZI4N&amp;keywords=The+Intelligent+Investor+by+Benjamin+Graham&amp;qid=1647143460&amp;s=audible&amp;sprefix=the+intelligent+investor+by+benjamin+graham%2Caudible%2C487&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=a282765f3805f0da58107a4255d45b66&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>If you are looking for a book on value investing, start with the original. This book formed the foundation for other investing and finance books. The concepts highlighted in this book continue to be valuable to many readers today.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>Warren Buffett, the gifted investor, is one of the famous disciples of Graham. He praises <strong><em>The Intelligent Investor<\/em><\/strong> as the best investment book ever published.<\/p>\n\n\n\n<p>The book covers inflation, the history of the stock market, portfolio policy, dividend policy, and stock selections.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Value investing safeguards investors from errors.<\/li><li>Value investing helps investors to have long-term policies.<\/li><li>Graham&#8217;s philosophy centers on loss minimization as opposed to profit maximization.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capitalism_and_Freedom_by_Milton_Friedman_and_Binyamin_Appelbaum\"><\/span><strong>Capitalism and Freedom by Milton Friedman and Binyamin Appelbaum<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Capitalism-Freedom-Fortieth-Anniversary\/dp\/B071J4Z5JJ?crid=2ZYWFFFO0RSMX&amp;keywords=Capitalism+and+Freedom+by+Milton+Friedman&amp;qid=1647143412&amp;s=audible&amp;sprefix=capitalism+and+freedom+by+milton+friedman%2Caudible%2C424&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=bc45276cc85dcb25783a283562b35296&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image1-1-666x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2053\" width=\"285\" height=\"438\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image1-1-666x1024.jpg 666w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image1-1-195x300.jpg 195w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image1-1-768x1180.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image1-1.jpg 833w\" sizes=\"(max-width: 285px) 100vw, 285px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-12 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Capitalism-Freedom-Fortieth-Anniversary\/dp\/B071J4Z5JJ?crid=2ZYWFFFO0RSMX&amp;keywords=Capitalism+and+Freedom+by+Milton+Friedman&amp;qid=1647143412&amp;s=audible&amp;sprefix=capitalism+and+freedom+by+milton+friedman%2Caudible%2C424&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=bc45276cc85dcb25783a283562b35296&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>Milton Friedman&#8217;s classical book is a book on policy-making and economic thinking you won&#8217;t forget easily. The award-winning author proposes a powerful economic theory that has since been the basis for economic growth.<\/p>\n\n\n\n<p><strong>Summary-What this book is about&nbsp;<\/strong><\/p>\n\n\n\n<p>Friedman presents his statement on an economic philosophy, which argues that competitive capitalism can be a tool for achieving political and economic freedom.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>The central bank can stabilize a nation&#8217;s economy during a recession by gradually increasing the money banks can lend.<\/li><li>&nbsp;Increasing the money banks can lend is a means of killing recession.<\/li><li>Competitive capitalism is a fundamental requirement for political freedom.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_Random_Walk_Down_Wall_Street_The_Time-Tested_Strategy_for_Successful_Investing_by_Burton_Malkiel\"><\/span><strong>A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing by Burton Malkiel<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Random-Walk-Down-Wall-Street\/dp\/B07MWDML9V?crid=IXFAEUDAOMT9&amp;keywords=A+Random+Walk+Down+Wall+Street&amp;qid=1647143385&amp;s=audible&amp;sprefix=fooled+by+randomness+by+nassim+nicholas+taleb%2Caudible%2C509&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=6a5b96917e181d94e176ac0a22ba5e31&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image4-1-665x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2054\" width=\"232\" height=\"357\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image4-1-665x1024.jpg 665w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image4-1-195x300.jpg 195w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image4-1-768x1183.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image4-1.jpg 831w\" sizes=\"(max-width: 232px) 100vw, 232px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-13 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Random-Walk-Down-Wall-Street\/dp\/B07MWDML9V?crid=IXFAEUDAOMT9&amp;keywords=A+Random+Walk+Down+Wall+Street&amp;qid=1647143385&amp;s=audible&amp;sprefix=fooled+by+randomness+by+nassim+nicholas+taleb%2Caudible%2C509&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=6a5b96917e181d94e176ac0a22ba5e31&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>If you are going to read one book from this category, make it this one. The book is a best-selling investment guide for students and professionals.<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>The authoritative accounts of Burton Malkiel in <strong><em>A Random Walk<\/em><\/strong> highlight the modern investment topics of bitcoin, tax management, risk parity, and factor investment.&nbsp;<\/p>\n\n\n\n<p>The book also covers homeownership, investment trusts, bonds, stocks, and insights on tangible assets.<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Markets, though inefficient, move towards efficiency over time.<\/li><li>The financial tools that determine the extent to which a stock is overvalued are often inaccurate.<\/li><li>Be a believer who is open to opposing views.&nbsp;<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fooled_by_Randomness_The_Hidden_Role_of_Chance_in_Life_and_the_Markets_by_Nassim_Nicholas_Taleb\"><\/span><strong>Fooled by Randomness: The Hidden Role of Chance in Life and the Markets by Nassim Nicholas Taleb<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Fooled-by-Randomness-audiobook\/dp\/B0012IZFRW?crid=1D9YYF2FVB975&amp;keywords=fooled+by+randomness+by+nassim+nicholas+taleb&amp;qid=1647143362&amp;s=audible&amp;sprefix=Fooled+by+Randomness%2Caudible%2C525&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=5b39986e53bcc0e1ba4e3d07774f7b05&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image3-1-670x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2055\" width=\"289\" height=\"442\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image3-1-670x1024.jpg 670w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image3-1-196x300.jpg 196w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image3-1-768x1173.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image3-1.jpg 838w\" sizes=\"(max-width: 289px) 100vw, 289px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-14 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Fooled-by-Randomness-audiobook\/dp\/B0012IZFRW?crid=1D9YYF2FVB975&amp;keywords=fooled+by+randomness+by+nassim+nicholas+taleb&amp;qid=1647143362&amp;s=audible&amp;sprefix=Fooled+by+Randomness%2Caudible%2C525&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=5b39986e53bcc0e1ba4e3d07774f7b05&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read this book<\/strong><\/p>\n\n\n\n<p>Another great book that almost all investment professionals will say they have read.&nbsp;<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>This book continues to popularize the concept of black swan events. The author has many other books that one should read to get bright on finance, such as Anti-fragile.&nbsp;<\/p>\n\n\n\n<p>As one of the best in Taleb&#8217;s Incerto series, <strong>Fooled by Randomness <\/strong>examines luck and how it applies to businesses. The book is about opacity, uncertainty, luck, probability, risk, decision-making, and human error.&nbsp;<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Luck is not a skill as it is grossly misinterpreted in business.<\/li><li>Sometimes we get opportunities not because of our skills but perfect timing.&nbsp;<\/li><li>Understand that happiness suffers change and may not be forever.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Security_Analysis_Principles_and_Technique_by_Benjamin_Graham\"><\/span><strong>Security Analysis: Principles and Technique by Benjamin Graham<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Security-Analysis-Foreword-Warren-Buffett\/dp\/B083PQCDRJ?crid=2C0HUHGJ76DPS&amp;keywords=Security+Analysis+by+Benjamin+Graham&amp;qid=1647143340&amp;s=books&amp;sprefix=the+creature+from+jekyll+island%2Cstripbooks-intl-ship%2C715&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=b9825d2765ca18b3fe2e7f397b7843a7&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image14-1-672x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2056\" width=\"249\" height=\"379\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image14-1-672x1024.jpg 672w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image14-1-197x300.jpg 197w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image14-1-768x1170.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image14-1.jpg 840w\" sizes=\"(max-width: 249px) 100vw, 249px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-15 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Security-Analysis-Foreword-Warren-Buffett\/dp\/B083PQCDRJ?crid=2C0HUHGJ76DPS&amp;keywords=Security+Analysis+by+Benjamin+Graham&amp;qid=1647143340&amp;s=books&amp;sprefix=the+creature+from+jekyll+island%2Cstripbooks-intl-ship%2C715&amp;sr=1-1&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=b9825d2765ca18b3fe2e7f397b7843a7&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p><strong>Security Analysis <\/strong>is one of the most influential books in finance, according to Warren Buffett. He recommended it as a must-read for any budding investor.&nbsp; A classic from 1940 serves as one of the bibles for finance professionals.&nbsp;<\/p>\n\n\n\n<p><strong>Summary-What this book is about<\/strong><\/p>\n\n\n\n<p>The current version of this book contains an extra 200 commentary pages by some of the famous money managers of Wall Street. Plus, a foreword by Warren Buffet where he admits that he has read the book more than four times.<\/p>\n\n\n\n<p>Based on Graham&#8217;s original version, this revised edition points out the relevancy of Graham&#8217;s techniques and principles today.&nbsp;<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>Market tendency to underprice securities presents an opportunity to traders.<\/li><li>An investment is an operation that guarantees returns and secures your principal.<\/li><li>Know the value of the company you want to invest in by calculating its intrinsic value.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Creature_from_Jekyll_Island_by_George_Edward_Griffin\"><\/span><strong>The Creature from Jekyll Island by George Edward Griffin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.amazon.com\/Creature-Jekyll-Island-Published-Griffin\/dp\/B00NBJGFD8?keywords=The+Creature+from+Jekyll+Island&amp;qid=1647143300&amp;s=books&amp;sr=1-2&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=27506fba456305ba85d93285af5a678e&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image7-1-672x1024.jpg\" alt=\"Must-Read Economics And Finance Books\" class=\"wp-image-2057\" width=\"287\" height=\"437\" srcset=\"https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image7-1-672x1024.jpg 672w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image7-1-197x300.jpg 197w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image7-1-768x1170.jpg 768w, https:\/\/www.scijournal.org\/articles\/wp-content\/uploads\/2022\/03\/image7-1.jpg 840w\" sizes=\"(max-width: 287px) 100vw, 287px\" \/><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.amazon.com\/Creature-Jekyll-Island-Published-Griffin\/dp\/B00NBJGFD8?keywords=The+Creature+from+Jekyll+Island&amp;qid=1647143300&amp;s=books&amp;sr=1-2&amp;linkCode=ll1&amp;tag=site-02-science-20&amp;linkId=27506fba456305ba85d93285af5a678e&amp;language=en_US&amp;ref_=as_li_ss_tl\" target=\"_blank\" rel=\"noopener\">Get the book<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Intro-Why you should read it<\/strong><\/p>\n\n\n\n<p>Although it sounds like a fiction book, this book is about the origin of the FED. <strong><em>The Creature from Jekyll Island<\/em><\/strong> is recommended by the somewhat controversial Robert Kiyosaki, author of the Rich Dad Poor Dad. This book will change your perspective of money.&nbsp;<\/p>\n\n\n\n<p>I recommend this book because you probably don\u2019t hear this book at all from your professor.<\/p>\n\n\n\n<p><strong>Summary-What this book is about&nbsp;<\/strong><\/p>\n\n\n\n<p>Griffin&#8217;s narration is perfect for this detective-style book that unveils the secrets of the Federal Reserve System.<\/p>\n\n\n\n<p>The book exposes the cause of economic disasters, inflation, war, depression,&nbsp; and prosperity.&nbsp;<\/p>\n\n\n\n<p><strong>Key Takeaways<\/strong><\/p>\n\n\n\n<ol><li>The FED is the tool through which powerful people run this nation.<\/li><li>A group of powerful individuals controls most politicians and the media.<\/li><li>These monied individuals invest in war.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A book is everyone&#8217;s true friend. Finding the right book should not be a struggle. Most readers prefer to read books that are relevant today.<\/p>\n\n\n\n<p>We bring you microeconomics, behavioral economics, finance, and economics books recommended by universities, professors, and other experts in specific fields.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ever wondered what the must-read Economics and Finance books are? Here is our take. Whether you want to refresh your knowledge, read a new subject, or entertain yourself with a story, the right book can offer valuable insights into the world you are seeking to explore.&nbsp; We have conducted research on the best economics and &#8230; <a title=\"16 Must-Read Economics And Finance Books\" class=\"read-more\" href=\"https:\/\/www.scijournal.org\/articles\/economics-and-finance-books\" aria-label=\"Read more about 16 Must-Read Economics And Finance Books\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":2038,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[15],"tags":[19],"_links":{"self":[{"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/posts\/2036"}],"collection":[{"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/comments?post=2036"}],"version-history":[{"count":7,"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/posts\/2036\/revisions"}],"predecessor-version":[{"id":26368,"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/posts\/2036\/revisions\/26368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/media\/2038"}],"wp:attachment":[{"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/media?parent=2036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/categories?post=2036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scijournal.org\/articles\/wp-json\/wp\/v2\/tags?post=2036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}