Economics Books

The million-copy bestseller, revised and updated with new investment strategies for retirement and the insights of behavioral finance. Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, here is the best-selling, authoritative, and gimmick-free guide to investing. Burton Malkiel evaluates the full range of investment opportunities, from stocks, bonds, and money markets to real estate investment trusts and insurance, home ownership, and tangible assets such as gold and collectibles. This edition includes new strategies for rearranging your portfolio for retirement, along with the book’s classic life-cycle guide to investing, which matches the needs of investors in any age bracket. A Random Walk Down Wall Street long ago established itself as a must-read, the first book to purchase before starting a portfolio. So whether you want to brief yourself on the ways of the market before talking to a broker or follow Malkiel’s easy steps to managing your own portfolio, this book remains the best investing guide money can buy.

Recommendation: This book is a roller-coaster ride that delves into the captivating world of finance and the hubris and failure that comes with it. It uncovers the secrets behind Long-Term Capital Management's incredible success and catastrophic downfall, pointing out the arrogance and certainties of its partners. It serves as a wake-up call for both Wall Street and the government to the dangers of unchecked greed and the potential for market meltdowns. If you're intrigued by the captivating world of finance and want to learn from history's mistakes, this is a must-read.

Late one evening, investigative journalist Bastian Obermayer receives an anonymous message offering him access to secret data. Through encrypted channels, he then receives documents revealing how the president of Argentina has sequestered millions of dollars of state money for private use. This is just the beginning. Obermayer and fellow Suddeutsche journalist Frederik Obermaier find themselves immersed in the secret world where complex networks of letterbox companies help the super-rich to hide their money. Faced with the contents of the largest data leak in history, they activate an international network of journalists to follow every possible line of inquiry. Operating in the strictest secrecy for over a year, they uncover cases involving European prime ministers and international dictators, emirs and kings, celebrities and aristocrats. The real-life thriller behind the story of the century, The Panama Papers is an intense, unputdownable account that proves, once and for all, that there exists a small elite living by a different set of rules and blows their secret world wide open.

This book could be a good read for anyone looking to take control of their finances and achieve financial freedom. Anthony Robbins provides 7 practical steps to break down complex financial concepts and strategies, making them easy to understand and implement. The most unique and distinctive feature of this book is the insights from interviews with some of the most successful investors in the world, providing readers with valuable first-hand advice. Overall, this book provides a comprehensive guide for readers to achieve financial success and security.

This book is a game-changer for anyone who is tired of living paycheck to paycheck and wants to break free from the shackles of debt. With straightforward advice and captivating storytelling, Robert Kiyosaki teaches you the fundamental principles of building wealth and creating financial freedom. By challenging conventional thinking and offering practical strategies, "Rich Dad, Poor Dad" will inspire you to change your mindset and take control of your financial future. Get ready to learn from a rich dad and let your money work for you!

The Firm is an eye-opening read for anyone interested in the inner workings of the world's top management consultancy. Duff McDonald's extensive research uncovers both the positive and negative aspects of McKinsey's influence on businesses and governments. Readers will be intrigued by the previously undocumented workings of McKinsey and its impact on the corporate world.

This book is an insightful read for business leaders who want to understand the warning signs of decline in their companies and learn how to reverse its course. Jim Collins offers a comprehensive framework of 5 stages of decline that begins with hubris born of success and ends with capitulation to irrelevance or death. The research project is based on companies that fell from greatness, including Kodak, Circuit City, and Motorola, highlighting their mistakes, and how their leaders could have prevented their demise. Overall, this book provides valuable insights into how to avoid complacency, stay disciplined, understand your risks, and seize new opportunities while there's still time, making it a must-read for anyone in a leadership position.

This book is a gripping financial thriller that unravels the mystery behind the unprecedented Flash Crash of 2010. It takes you on a rollercoaster ride through the world of high-frequency trading, exposing the dark side of Wall Street while following the fascinating journey of Navinder Singh Sarao, a genius trader turned fugitive. With its real-life drama, international investigation, and exploration of financial fraud, Flash Crash will keep you on the edge of your seat, questioning the power dynamics and morality of the global financial system.

The Theory of Money and Credit is a foundational work that integrated monetary theory into the main body of economic analysis for the first time. The book presents a new monetary theory of the trade cycle that challenges all previous trade-cycle theories. It provides fresh, new insights into the nature of money and its role in the economy, making it a must-read for anyone interested in understanding the economics of money and credit.