The Freakonomics guys are back with a new book (When to Rob a Bank). Here are some of the past decade’s most influential economics tomes:
The Black Swan by Nassim Nicholas Taleb Random House, 2007 Taleb published Swan—warning of the potentially catastrophic effects of unforeseen events—in April 2007. Months later came the panic of 2008. Good timing.
Capital in the Twenty-First Century by Thomas Piketty Belknap Press, 2014 Sure, Piketty is a French socialist whose numbers might be un peu fuzzy, but no econ text in decades made such an impact.
Freakonomics by Steven D Levitt and Stephen J Dubner William Morrow, 2005 Out-Gladwelling Malcolm Gladwell, this pop-econ sensation examined abortion, the corporate structure of drug gangs and more through an economic lens. Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed Penguin Books, 2009 What we’ve learnt (and haven’t) from the Great Depression—and how US banks and slow-growth Europe pose a repeat threat.
Predictably Irrational by Dan Ariely Harper Collins, 2008 In this behavioural-econ treatise, Ariely argues that humans’ irrationality is among the most important aspects of economics.
The Travels of a T-Shirt in the Global Economy by Pietra Rivoli Wiley, 2009 Tracking the counter-intuitive journey of a single $5.99 T-shirt as a metaphor for doing business in our connected world.