Economic history books
recommended by economic historians
Last updated: March 11, 2026
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1
The European Miracle: Environments, Economies and Geopolitics in the History of Europe and Asia
by E L Jones -

2
The Great Divergence: China, Europe, and the Making of the Modern World Economy
by Kenneth Pomeranz -

3
The Lever of Riches: Technological Creativity and Economic Progress
by Joel Mokyr -

4
Guns, Germs and Steel
by Jared Diamond -

5
How the World Became Rich: The Historical Origins of Economic Growth
by Jared Rubin & Mark Koyama
The best books on The Great Divergence, recommended by Davis Kedrosky
The best books on The Great Divergence, recommended by Davis Kedrosky
After a slow start, why did northwest Europe move ahead of the rest of the world in the early modern period and establish an economic dominance whose effects are felt to this day? Davis Kedrosky, a student at Berkeley and publisher of the economic history newsletter, Great Transformations, introduces ‘the Great Divergence’ and suggests some books that get to the heart of the question.
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1
The World in the Model: How Economists Work and Think
by Mary Morgan -

2
Red Plenty
by Francis Spufford -

3
Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown
by Philip Mirowski -

4
Economics and Utopia: Why the Learning Economy is Not the End of History
by Geoffrey Hodgson -

5
Rationalizing Capitalist Democracy: The Cold War Origins of Rational Choice Liberalism
by S M Amadae
The best books on The History of Economic Thought, recommended by Niall Kishtainy
The best books on The History of Economic Thought, recommended by Niall Kishtainy
Many people feel dissatisfied with aspects of neoliberalism, but fewer know what it is or where it came from. Economic historian Niall Kishtainy recommends some of his favourite books on the history of economic thought, books that use intellectual history to examine issues confronting us in the real world.
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1
A Brief History of Neoliberalism
by David Harvey -

2
Globalists: The End of Empire and the Birth of Neoliberalism
by Quinn Slobodian -

3
The Birth of Biopolitics: Lectures at the Collège de France, 1978–1979
by Michel Foucault -

4
Undoing the Demos: Neoliberalism's Stealth Revolution
by Wendy Brown -
5
Family Values: Between Neoliberalism and the New Social Conservatism
by Melinda Cooper
The best books on Neoliberalism, recommended by Gary Gerstle
The best books on Neoliberalism, recommended by Gary Gerstle
Neoliberalism is, arguably, the dominant political and economic ideology of the Western world, although its dominance is contested and the ills of the world are often laid at its door. Here Cambridge historian Gary Gerstle discusses five books that will help you understand neoliberalism’s origins, its ambitions and why it has been supported and opposed with such partisanship.
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1
Mercantilism
by Eli F. Heckscher -

2
Nationalism
by Elie Kedourie -

3
The Deluge: The Great War, America and the Remaking of the Global Order, 1916-1931
by Adam Tooze -

4
Economic Nationalism in Old and New States
by Harry G. Johnson -

5
The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era
by Barry Eichengreen
The best books on Economic Nationalism, recommended by Fredrik Erixon
The best books on Economic Nationalism, recommended by Fredrik Erixon
Economic nationalism is more than just protectionism, it is rooted in a view of the national economy as a unique national phenomenon that needs protecting. As economist Fredrik Erixon explains, its roots are to be found as much in the progressive nationalism of Woodrow Wilson as they are in 19th century Prussia or the mercantilism of 17th century Europe.
The best books on American Economic History, recommended by Michael Lind
The American economy has been driven by waves of technological change and the successful adoption of ideas from elsewhere. The author of Land of Promise tells us how it happened, and what history teaches us about the way ahead
The best books on How the World’s Political Economy Works, recommended by Mark Blyth
If you were the last person alive and had to leave a testament to how our world worked, which five books would you choose? Political economist Mark Blyth makes his ‘desert island’ choices.
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1
Slouching Towards Utopia: An Economic History of the Twentieth Century
by Brad DeLong -

2
How the World Became Rich: The Historical Origins of Economic Growth
by Jared Rubin & Mark Koyama -

3
The World the Plague Made: The Black Death and the Rise of Europe
by James Belich -

4
Pioneers of Capitalism: The Netherlands 1000–1800
by Jan Luiten van Zanden & Maarten Prak -

5
The Cambridge Economic History of China
by by Debin Ma and Richard von Glahn (editors)
The Best Economic History Books of 2022, recommended by Davis Kedrosky
The Best Economic History Books of 2022, recommended by Davis Kedrosky
From a sweeping history of China covering three millennia to what econometrics papers can tell us about what made the world rich, it’s been a fantastic year for economic history books. Davis Kedrosky, a student at Berkeley and publisher of Great Transformations, an economic history newsletter, picks some of his favourite economic history books of 2022.
The best books on Economic History, recommended by David J Lynch
The author of When the Luck of the Irish Ran Out says the villains were reckless banks that binged on cheap capital to fuel a housing and credit bubble that was larger even than that in the US
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1
Free Trade Under Fire
by Douglas A Irwin -

2
A Monetary History of the United States, 1867-1960
by Anna Schwartz & Milton Friedman -

3
The Liquidation of Government Debt (Economic Policy, Volume 30, Issue 82, April 2015)
by Carmen Reinhart & M. Belen Sbrancia -

4
The Great Reversal: How America Gave up on Free Markets
by Thomas Philippon -

5
Hard Head, Soft Hearts: Tough-minded Economics for a Just Society
by Alan S Blinder
The Economics of Coronavirus: A Reading List, recommended by Ricardo Reis
The Economics of Coronavirus: A Reading List, recommended by Ricardo Reis
As we deal with the economic fallout of coronavirus, what lessons can economic theory and economic history teach us as we navigate the months ahead? Ricardo Reis, professor of economics at the London School of Economics—and consultant to both the Bank of England and the Federal Reserve—recommends four books and one article to help us think through the economic challenges posed by Covid-19.
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1
Fluttering Veil: Essays on Monetary Disequilibrium
by Leland Yeager -

2
Money Mischief: Episodes in Monetary History
by Milton Friedman -

3
A Monetary History of the United States, 1867-1960
by Anna Schwartz & Milton Friedman -

4
The Midas Paradox: Financial Markets, Government Policy Shocks and the Great Depression
by Scott B. Sumner -

5
The Great Recession: Market Failure or Policy Failure?
by Robert L. Hetzel
The best books on Monetary Policy, recommended by Lars Christensen
The best books on Monetary Policy, recommended by Lars Christensen
Monetary policy isn’t just about setting interest rates and if we think about it in those terms, we’ll never really understand it, says Danish economist Lars Christensen. Here, he recommends books to better understand monetary policy, and explains why reading about the past is so important for avoiding mistakes in the future.































































































