Capital in the Twenty-First Century explores the dynamics of wealth and income inequality in Europe and the United States since the 18th century. Thomas Piketty analyzes historical data to predict future economic trends and proposes solutions to reduce inequality.
In ‘Who Gets What – and Why,’ Nobel laureate Alvin E. Roth explores the often invisible world of market design, revealing how our lives are influenced by the markets that govern them. Roth provides fascinating insights into various markets, from the assignment of school slots to organ donation exchanges, highlighting how well-designed markets can lead to improved outcomes for all participants. Through a blend of storytelling and economic analysis, Roth explains the principles of market design and how they can be used to solve real-world problems, making markets more efficient, fair, and beneficial for society.
‘The Gun Debate: What Everyone Needs to Know’ by Philip J. Cook and Kristin A. Goss is an essential read that distills the contentious debate around guns in the United States into clear, digestible facts and arguments. The book navigates through a variety of topics including gun control policies, the impact of guns on society, the Second Amendment, and the influence of gun advocacy groups. It aims to provide a balanced overview, offering perspectives from both sides of the debate while also introducing relevant statistics and research findings to ground the discussion in reality.
Nudge is a pioneering book in the field of behavioral economics by Richard H. Thaler and Cass R. Sunstein. It explores how public and private organizations can help people make better choices in their everyday lives. By understanding how people think and decide, Thaler and Sunstein argue that it’s possible to design choices in ways that gently ‘nudge’ individuals towards the most beneficial actions without restricting their freedom of choice. The book covers a wide range of topics, including health, finance, and environmental conservation, showcasing how small design changes can significantly impact our decisions and overall well-being.
In ‘Economic Facts and Fallacies’, economist Thomas Sowell explodes a number of popular misconceptions about economics. Covering topics from urban and gender issues to academia and race, Sowell demonstrates that false economic notions not only pervade, but often dominate, discussions in the media, politics, and even academia.
Influential scientists manipulate media and policy, sowing doubt about public health issues.
Critical examination of economists’ impact on policy and society since the 1960s.
Insight into how voter biases often result in detrimental democratic choices.