Economics · Similar reads
Books like Basic Economics: A Common Sense Guide to the Economy
The best books like Basic Economics: A Common Sense Guide to the Economy are Economics in One Lesson, Freakonomics, and Thinking, Fast and Slow. Basic Economics: A Common Sense Guide to the Economy by Thomas Sowell is about price mechanisms, unintended consequences, market incentives. If that's what drew you in, here are 12 books that share its DNA — each summarized on Superbook, and ready to chat with in the app.
- Economics in One Lesson
01
Henry Hazlitt · Economics
Henry Hazlitt wrote Economics in One Lesson in 1946, based on a single insight he credited to the nineteenth-century French economist Frédéric Bastiat: the difference between a good economist and a bad economist is that the good economist considers the effects of a policy on all groups, not just the immediately visible beneficiaries, and over the long run, not just the immediate term.
Shares price mechanisms and unintended consequences with Basic Economics: A Common Sense Guide to the Economy.
Read the summary → - Freakonomics
02
Steven D. Levitt and Stephen J. Dubner · Economics
Freakonomics is economist Steven Levitt and journalist Stephen Dubner's argument that economics — properly understood as the study of incentives — can explain things that look, on the surface, like they have nothing to do with money.
Both dig into unintended consequences.
Read the summary → - Thinking, Fast and Slow
03
Daniel Kahneman · Psychology
Thinking, Fast and Slow is Daniel Kahneman's account of the two cognitive systems that govern human thought.
A kindred economics read.
Read the summary → - Why Nations Fail: The Origins of Power, Prosperity, and Poverty
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Why Nations Fail: The Origins of Power, Prosperity, and Poverty
Daron Acemoglu and James A. Robinson · Economics
Daron Acemoglu and James Robinson argue that the fundamental difference between rich and poor countries is not geography, culture, or bad luck.
A kindred economics read.
Read the summary → - The Wealth of Nations
05
Adam Smith · Economics
An Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776, is Adam Smith's comprehensive account of how modern commercial economies work and what policies promote prosperity.
A kindred economics read.
Read the summary → - Free to Choose: A Personal Statement
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Free to Choose: A Personal Statement
Milton Friedman and Rose Friedman · Economics
Free to Choose began as a ten-part television series on PBS in 1980, later expanded into the book Milton and Rose Friedman wrote together.
Both dig into government intervention.
Read the summary → - How We Got to Now
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Steven Johnson · History
How We Got to Now traces six innovations — glass, cold, sound, clean, time, and light — and follows each one through unexpected chains of consequence into the present.
Both dig into unintended consequences.
Read the summary → - Seeing Like a State
- 100 to 1 in the Stock Market
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Thomas Phelps · Economics
100 to 1 in the Stock Market, published in 1972 by Thomas Phelps, is a study of the conditions under which stocks return one hundred times an investor's original investment — and an argument that such stocks are more common and more identifiable in advance than most investors believe.
A kindred economics read.
Read the summary → - A Random Walk Down Wall Street
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A Random Walk Down Wall Street
Burton G. Malkiel · Economics
A Random Walk Down Wall Street is Burton Malkiel's argument that stock prices move in a way that is effectively unpredictable, that professional fund managers cannot consistently beat the market, and that the rational response for most investors is to buy and hold a diversified index fund.
A kindred economics read.
Read the summary → - A Short History of Financial Euphoria
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A Short History of Financial Euphoria
John Kenneth Galbraith · Economics
A Short History of Financial Euphoria is John Kenneth Galbraith's compressed account of speculative bubbles from the tulip mania of 1630s Holland through the 1987 US stock market crash.
A kindred economics read.
Read the summary → - A Wealth of Common Sense
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Ben Carlson · Economics
A Wealth of Common Sense is Ben Carlson's argument that individual investors outperform most professionals not by being smarter but by doing fewer things and making fewer mistakes.
A kindred economics read.
Read the summary →
Books like Basic Economics: A Common Sense Guide to the Economy: quick answers
What are the best books like Basic Economics: A Common Sense Guide to the Economy?
The best books like Basic Economics: A Common Sense Guide to the Economy by Thomas Sowell are Economics in One Lesson by Henry Hazlitt, Freakonomics by Steven D. Levitt and Stephen J. Dubner, Thinking, Fast and Slow by Daniel Kahneman, Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson, The Wealth of Nations by Adam Smith, plus 7 more below. Each was chosen for themes it shares with Basic Economics: A Common Sense Guide to the Economy, such as price mechanisms, unintended consequences, market incentives.
What should I read after Basic Economics: A Common Sense Guide to the Economy?
A natural next read after Basic Economics: A Common Sense Guide to the Economy is Economics in One Lesson by Henry Hazlitt. Shares price mechanisms and unintended consequences with Basic Economics: A Common Sense Guide to the Economy. Other strong choices are Freakonomics by Steven D. Levitt and Stephen J. Dubner, Thinking, Fast and Slow by Daniel Kahneman, Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson.
What books are similar to Basic Economics: A Common Sense Guide to the Economy by Thomas Sowell?
Basic Economics: A Common Sense Guide to the Economy centers on price mechanisms, unintended consequences, market incentives. Books with a similar feel include Economics in One Lesson by Henry Hazlitt, Freakonomics by Steven D. Levitt and Stephen J. Dubner, Thinking, Fast and Slow by Daniel Kahneman, Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson, The Wealth of Nations by Adam Smith, Free to Choose: A Personal Statement by Milton Friedman and Rose Friedman — all free to read and chat with on Superbook.
