Economic history books

Every era has its monuments. What architectural legacy has the Industrial Revolution left behind? Jeff Brouws is a photographer whose work explores the American cultural landscape through a typological lens. His latest book, Silent Monoliths: The Coaling Tower Project, documents concrete coaling towers that once fueled steam locomotives across North America. He talks us through five essential books on industrial photography—from the Bechers' rigorous documentation to intimate portraits of displaced steelworkers—and explores what we preserve when structures themselves vanish.

Donald Trump has famously said that tariff is a 'beautiful' word.  Most economists disagree. Here trade expert, Dmitry Grozoubinski, explains what tariffs are, what they have been, and can be, used to achieve and suggests five books to help you get up to speed on the current trade wars.

In time of economic crisis, studying the past can teach us much about the world economy today, says economic historian Emma Rothschild.

History contains useful warnings and lessons and today's economic policymakers would do well to heed them, says the IMF's former chief economist, Simon Johnson. He recommends books showing why economic history matters.

Throughout history, social and economic inequalities have been fueled and justified by different ideologies. French economist Thomas Piketty’s latest book, Capital and Ideology, looks at the advent and fall of these ideologies, and how they could evolve in the future. He recommends five great books to better understand these complex and always-evolving ideas, and their consequences for the world.

The Industrial Revolution transformed the world forever by enabling self-perpetuating economic growth. But historians are still at odds about why the industrial revolution happened where it did and when it did. Here, Sheilagh Ogilvie, Chichele Professor of Economic History at All Souls College, Oxford, guides us through the debates and why they are still relevant today.

They were an eclectic bunch, including, among others, a stock market speculator, a moral philosopher, a cleric, a lawyer and a journalist. From the late-18th to the mid-19th century, they provided the first systematic explanations of how economies work, where they fail and how they might be made to work better. Here, Brad DeLong, a professor of economics at UC Berkeley, introduces the classical economists, and suggests books to read to learn more about them and what they were trying to achieve.

From the Indian cottons that were traded around Asia and Africa in the Middle Ages, to the global dominance of the blue-and-white pottery of Jingdezhen, historian Maxine Berg introduces five books that transformed our understanding of the past millennium and are significant milestones in the development of the vibrant field of global history.

Distinguished economic historian, Peter Temin, talks us through some of his favourite books. His own latest book, The Vanishing Middle Class, charts America's regression towards a pre-industrial society: with many poor, a few rich, and not much in between.

Harvard macroeconomist Robert Barro takes issue with some common assumptions about the Great Depression, and how America got out of it.