One of the best ways to take a deep dive on a subject is through a good book. Here is a, by no means exhaustive (obviously, it’s only 2 books), list of books that every Economics student should read.
#1 Economics in One Lesson by Henry Hazlitt
This brilliant book is billed as “The Shortest and Surest Way to Understand Basic Economics,” and its decades-long best-seller status confirms its claim to the throne of introductory economic books. “Economics in One Lesson” is an essential guide to the basics of economic theory, and it does a great job of rebuking myths surrounding capitalism and free markets that is a welcome addition to any economics education.
Want to read more reviews of this book or buy it? Check out the links below:
Contributors: David Ambrogio from Tower Books
#2 Reinventing the Bazaar by John McMillan
A fun, insightful look at the evolution of markets. Chapter titles such as The Embarrassment of a Patent-referring to quotes from both Thomas Jefferson and the U.S. Supreme Court discussing the awkwardness of the government granting monopoly power-and Come Bid!-discussing the evolution of auctions and the new power of online bidding-give a sense of the tone of the book. I recommend this book to students who want to understand markets better or just have a fun economics read, and I often pull this book out to find great examples to back up what I teach in micro and managerial econ classes.
Want to read more reviews of this book or buy it? Check out the links below:
Contributors: Megan Way from Babson College
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