9 must read books about business and economics

Sep 16, 2024

By: Prerna Tyagi

Credit: BCCL

Poor economics by Abhijit Banerjee and Esther Duflo​

In this book, Banerjee and Duflo explain why traditional economic models often fail to address the real issues, arguing for a more compassionate, evidence-based approach to poverty alleviation.

Credit: BCCL

Fault Lines by Raghuram Rajan​

Fault Lines is one of the most well-regarded books about the 2008 Financial Crisis. Written by former RBI Governor and IMF Chief Economist Raghuram Rajan, the book examines how economic inequality, trade imbalances, and flawed financial systems contributed to the global meltdown.

Credit: BCCL

Misbehaving by Richard Thaler​

In Misbehaving, the father of behavioural economics, Richard Thaler, offers fascinating insights into how human behaviour often deviates from rational decision-making, influencing everything from stock markets to everyday purchases.

Credit: W. W. Norton & Company

​What Money Can’t Buy by Michael Sandel​

This book by Michael Sundel is a philosophical examination of the moral limits of markets, the ethical dilemmas in commodifying human values and how economic values are increasingly encroaching on areas of life like healthcare, education, and politics.

Credit: Penguin UK

Buyer Personas by Adele Revella​

Buyer Personas provides a roadmap for understanding the needs and desires of your target audience and shows how companies can create more effective and personalised marketing strategies that resonate with their target market.

Credit: John Wiley & Sons

​Trade Wars are Class Wars ​

This book highlights the global economic power struggle, showing how trade conflicts are driven by inequality. Klein and Pettis explain how the economic policies of major nations contribute to financial instability and social unrest, offering a fresh perspective on globalisation.

Credit: Yale Uni Press

Deaths of Despair by Angus Deaton and Anne Case​

This book is an investigation into the rise of mortality rates among middle-aged Americans. Deaton and Case, both renowned economists, link these deaths to economic and social factors, particularly the decline of blue-collar jobs and community support.

Credit: Princeton University Press

Entrepreneurship in the Wild by Felipe G. Massa​

Massa takes readers into the unpredictable world of entrepreneurship, showing how new ventures succeed or fail in chaotic environments. This book is a practical guide for aspiring entrepreneurs navigating uncertain and chaotic business environments, offering insights on adaptability and innovation in high-risk ventures.

Credit: MIT Press

Disorder by Helen Thompson​

Disorder is a thought-provoking analysis of the geopolitical and economic upheavals reshaping the global order. From energy crises to political instability, the book highlights the challenges facing economies today, making it an essential read for anyone interested in global affairs.

Credit: Oxford Uni Press

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