In this spirit of “end of the year lists,” here is a list of the best Economics/Business/Public Policy related books that I read this past year:
Having studied under Dr. Schansberg this past semester I was especially eager to read this book. And after reading it I can honestly say that I don’t know of another book that attempts and succeeds at describing how Christians ought to think about Public Policy from a Biblical perspective. Schansberg maintains a unique level of consistency and subordination to the doctrines of scripture. While you may or may not agree with every single argument, I believe this book brings up issues that are very necessary for believers to consider.
Dr. Kling uniquely describes Economics as a focus on how specialization and trade impact decisions and outcomes. This book is refreshing in how it states that Economics is not a magic formula that can give correct results based on proper data. Rather, it is a process of looking at historical outcomes and realizing patterns and similarities that might continue into the future. Overall, a unique and interesting take on the study of Economics as a whole.
The Law by Frederic Bastiat
This book does a fantastic job of diving into the issue of the purpose of law and how law is often perverted from its proper goal. While dealing with philosophical issues at times, it also looks at a handful of real life examples of government successes and failures. I highly recommend this book for anybody interested in the issue of liberty and the role of government.
While the study of Accounting can be quite dull at times, this book is probably the most interesting and non-boring Accounting-related text that I’ve come across. It deal with common fraud schemes that individuals have used over the years and gives its readers advice on how to detect businesses that are being deceitful. This book is definitely geared towards those who are interested in Accounting or investing and it does a phenomenal job of pointing out which areas of the financial statements individuals should pay attention to.
Written in the form of a novel, this book describes Goldratt’s well-known concept of the Theory of Constraints. For those interested in Operations Management or just Business in general, this book presents the Theory of Constraints in a very interesting manner, which is informative but also easy and exciting to read.
Marketing is a fascinating topic to me and this book does a good job of outlining Marketing principles in the context of story-telling. It describes marketing as telling stories that people want to hear and believe, but that do not take advantage of people. There is still a lot that I’d love to learn in this field of study, but this book was a really good start.
The Armchair Economist: Economics and Everyday Life by Steven E. Landsberg
This is certainly a good book to read whether or not one has formally studied Economics at all. Each chapter deals with a different real-world issue and shows how the issue at hand relates to the study of Economics. Definitely a riveting read but also very informative and beneficial.
While not really ground-breaking in the ideas it presents, this book deals with common myths and misconceptions about Business as it relates to Christianity. Using Biblical evidence it shows that Business goals can often be in accord with the goal of glorifying God. This is a helpful book if you are struggle with reconciling Scriptural evidence with the way businesses operate or if you are engaging with someone who is wrestling with these issues.
As always I’d love to hear what you think about this post and/or these books. If you read other books this year, I’d love to hear about those as well. Feel free to leave a comment or send me an email. Thanks for reading!