Best Economics Books

The full title of this book by Satyajit Das is

“A Banquet of Consequences: The reality of our unusually uncertain economic future“.

In my review posted on Amazon.co.uk, I gave the book a rating of Four Stars. This means I consider it to be good.

Here is my book review.

We’ve had the good times and it’s now time to pay

This is an important book which pulls together many of today’s issues to argue that we are at an economic and social turning point (2016 to 2020) and things will never be as good again. [continue reading…]

The full title of this book by Mervyn King is

“The End of Alchemy: Money, Banking and the Future of the Global Economy“.

I my review posted on Amazon.co.uk, I gave the book a rating of Four Stars. This means I consider it to be good.

Here is my book review.

Thought-provoking, revealing but also very concerning

As Governor of the Bank Of England, the author Mervyn King was an insider to the build up to the 2007/8 financial crisis and to the emergency steps taken to stop the financial systems collapsing.

This is not a “how I saved the world” type of book. King says that it’s the job of historians with access to all the papers when they are released to make the proper judgements. Instead this is a deep reflection on how the problems built up during a period known as the Great Moderation and how they might be solved in the future. [continue reading…]

The full title of this book by Richard Duncan is

“The New Depression: The Breakdown of the Paper Money Economy“.

In my review posted on Amazon.co.uk, I gave the book Four Stars. This means it is Good and Well Worth Reading.

Here is my book review.

The world is addicted to credit expansion

Is it still worth reading this book written in 2011 about the events after 2008?

Yes I think it is although I have a couple of caveats:

1) Inevitably the book is America-centric with little consideration for the rest of the world accept for how it may impact on or exaggerate changes in America.
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2) It’s odd reading predictions for the future from 2012 onwards when you know that the worst was postponed.

[continue reading…]

The full title of this book by Tim Jackson is

“Prosperity without Growth: Economics for a Finite Planet“.

In my review posted at Amazon.co.uk, I gave the book Four Stars. This means it is Good and Well Worth Reading.

Here is my book review.

It’s going to be much tougher than I thought

For some time I’ve known that the world can’t continue as it is. Quite simply, infinite growth in a finite world doesn’t add up.

But how can we make the transition to living in a sustainable world without growth? It seems like turkeys voting for Christmas. It’s not going to happen in today’s society. [continue reading…]

The full title of this book by Peter Foster is

“Why We Bite the Invisible Hand: The Psychology of Anti-Capitalism“.

In my review on Amazon.co.uk, I gave this book Four Stars. This means it is Good and Well Worth Reading.

Here is my book review.

An important book

In his book Capitalism, Socialism and Democracy, Joseph Schumpeter explained that the rise in living standards that comes from a capitalist society causes a great increase in the education levels of the population.

He explained that the educated but uncompetitive would hate the capitalist system because their merits weren’t recognised and, as a result, would try to seize control of educational and cultural institutions so that they could spread the message that capitalism doesn’t work. [continue reading…]

The full title of this book by Paul Craig Roberts is

“The Failure of Laissez Faire Capitalism and Economic Dissolution of the West“.

In my review posted to Amazon.co.uk, I gave the book Four Stars. This means it is Good and Well Worth Reading.

Here is my book review.

We’re in the middle of a nightmare economic situation

This important book criticising the laissez faire capitalism of the last couple of decades is written by an assistant secretary of the Treasury under President Reagan and is one of the architects of Reaganomics.

I think that’s important because its criticism of capitalism is coming from the political right and not from someone with long-standing views. [continue reading…]

In my review of

“Financial Bull Riding” by Roger McKinney

I posted on Amazon.co.uk, I gave the book Four Stars.

This means I think it is Good and Well Worth Reading.

Here is my book review.

Can You Use The Austrian Business Cycle Theory For Investing?

This is an interesting book but I intend to start with what I don’t like before explaining why I think it’s well worth reading for some people.

What I Don’t Like

1) It’s written around an analogy of bull riding at a rodeo. I found it more distracting than helpful but then, I know nothing about rodeos.

2) It assumes a level of knowledge of economics, finance and investment. It’s therefore not a book for beginners. [continue reading…]

The full title of this book by Jim Rickards is

“The Death of Money: The Coming Collapse of the International Monetary System“.

In my review posted on Amazon.co.uk, I gave the book Four Stars. This means I think it is Good and Well Worth Reading.

Here is my book review.

If you weren’t paranoid about the financial situation before…

Interesting book from a finance “insider” who has also worked with the CIA and Department of Defense in the USA on tracking manipulation of the financial markets.

In clear view, the Federal Reserve, European Central Bank, Bank of Japan and the politicians around the world with a fragile understanding of economics are doing a good job of accidentally screwing up the modern financial system that provides the basis for our current prosperity. [continue reading…]

The full title of this book by Alan Harvey is

“Demand Side Economics: Demand Side Minds: From John Maynard Keynes to Nouriel Roubini and beyond“.

In my review posted to Amazon.co.uk, I gave the book Four Stars. This means it is Good and Well Worth Reading.

Here is my book review.

Are You Prepared To Try The Dark Side?

As no one else has reviewed Demand Side Economics, I thought I’d share my thoughts as I read it.

As I started, it felt like I was taking a step into the Dark Side where what was good is now evil and what was evil, is now considered to be good.

I suspect that the author and I have very different political beliefs. He’s on the left, perhaps on the far left. I’m not. [continue reading…]