Occasionally, I am asked for a list of books that I would recommend reading. Below are the titles of books that I have read and that have helped shaped my understanding of the business world we live in. This is just a partial list, but these have had a major impact on me.
CAPITALISM, SOCIALISM, COMMUNISM AND INFLATION
Karl Marx, Das Capital (read the first half about the tendencies of capitalism)
Joseph Schumpeter, Capitalism, Socialism and Democracy
Thorstein Veblin, The Theory of the Leisure Class
Steve Webb, Hyperinflation and Stabilization in Weimar Germany
Alan Greenspan, The Age of Turbulence
John Maynard Keynes, The General Theory of Employment, Interest and Money
THE 2008 FINANCIAL APOCALYPSE
Michael Lewis, The Big Short
Sheila Bair, Bull by the Horns
Ben Bernanke, The Courage to Act
Henry Paulson, On the Brink
HOW WOODROW WILSON COMMANDEERED THE WW1 ECONOMY
Bernard Baruch, The Public Years
MECHANICS OF THE 1986 TAX REFORM ACT
Jeffrey Birnbaum, Showdown at Gucci Gulch
UNDERSTANDING PEOPLE AND THE WORLD WE LIVE IN
The Holy Bible
Dale Carnegie, How to Win Friends and Influence People
THE MARKET COLLAPSE AND DIS-INFLATION IN JAPAN IN THE 80’S
Mark Clifford, Meltdown: Asian Boom and Bust
Paul Volcker and Toyoo Gyohten, Changing Fortunes
DEMOGRAPHY
Harry Dent, The Demographic Cliff
Steve Murdock, The New Texas Challenge
HOW THE US FED WORKS
Daniele DiMartino, Fed Up
Martin Mayer, The Fed
Robert Bremner, Chairman of the Fed
GEOPOLITICAL RELATIONSHIPS FROM U.S. BUSINESS PERSPECTIVE
George Friedman, The Next Decade
AMERICAN ECONOMIC HISTORY
John Kenneth Galbraith, A Journey Through Economic Time
John Kenneth Galbraith, A Short History of Financial Euphoria
WALL STREET PSYCHOLOGY
Andy Kessler, Wall Street Meat
Charles Kindleberger, Manias, Panics and Crashes
Roger Lowenstein, When Genius Failed
Robert Shiller, Irrational Exuberance
Dana Thomas, The Plungers and the Peacocks
Tim Metz, Black Monday
Paul Sarnoff, The Silver Bulls
THE GREAT DEPRESSION
Studs Terkel, Hard Times
Ben Bernanke, Essays on The Great Depression
Amity Shales, The Forgotten Man
Milton Friedman/Anna Schwartz, The Great Contraction 1929-1933
John Kenneth Galbraith, The Great Crash 1929