Want to know what books John Quiggin recommends on their reading list? We've researched interviews, social media posts, podcasts, and articles to build a comprehensive list of John Quiggin's favorite book recommendations of all time.
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Rising inequality of income and power, along with the recent convulsions in the finance sector, have made the search for alternatives to unbridled capitalism more urgent than ever. Yet there has been a global retreat by the Left: on the assumption that liberal capitalism is the only game in town, political theorists tend to dismiss as utopian any attempt to rethink our social and economic relations. As Fredric Jameson first argued, it is now easier for us to imagine the end of the world than an alternative to capitalism.
Erik Olin Wright’s Envisioning Real Utopias is a... more Rising inequality of income and power, along with the recent convulsions in the finance sector, have made the search for alternatives to unbridled capitalism more urgent than ever. Yet there has been a global retreat by the Left: on the assumption that liberal capitalism is the only game in town, political theorists tend to dismiss as utopian any attempt to rethink our social and economic relations. As Fredric Jameson first argued, it is now easier for us to imagine the end of the world than an alternative to capitalism.
Erik Olin Wright’s Envisioning Real Utopias is a comprehensive assault on the quietism of contemporary social theory. Building on a lifetime’s work analyzing the class system in the developed world, as well as exploring the problem of the transition to a socialist alternative, Wright has now completed a systematic reconstruction of the core values and feasible goals for Left theorists and political actors. Envisioning Real Utopias aims to put the social back into socialism, laying the foundations for a set of concrete, emancipatory alternatives to the capitalist system. Characteristically rigorous and engaging, this will become a landmark of social thought for the twenty-first century. less 
John QuigginIt does. It’s much more a book from the conventional left. It’s looking at the question, “If we abandon not only communism, but the whole idea of a revolutionary overthrow of the existing order, what kind of utopia can we think about?” Reorganising the labour movement, industrial democracy and things of that kind are a lot of the central themes of the book. (Source)
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John Kenneth Galbraith | 4.14
John Kenneth Galbraith's international bestseller The Affluent Society is a witty, graceful and devastating attack on some of our most cherished economic myths.
As relevant today as when it was first published over forty years ago, this newly updated edition of Galbraith's classic text on the 'economics of abundance', lays bare the hazards of individual and social complacency about economic inequality.
Why worship work and productivity if many of the goods we produce are superfluous - artificial 'needs' created by high-pressure advertising? Why begrudge... more John Kenneth Galbraith's international bestseller The Affluent Society is a witty, graceful and devastating attack on some of our most cherished economic myths.
As relevant today as when it was first published over forty years ago, this newly updated edition of Galbraith's classic text on the 'economics of abundance', lays bare the hazards of individual and social complacency about economic inequality.
Why worship work and productivity if many of the goods we produce are superfluous - artificial 'needs' created by high-pressure advertising? Why begrudge expenditure on vital public works while ignoring waste and extravagance in the private sector of the economy? Classical economics was born in a harsh world of mass poverty, and has left us with a set of preconceptions ill-adapted to the realities of our own richer age. And so, too often, 'the bland lead the bland'. Our unfamiliar problems need a new approach, and the reception given to this famous book has shown the value of its fresh, lively ideas.
'A compelling challenge to conventional thought'
The New York Times
'He shows himself a truly sensitive and civilized man, whose ideas are grounded in the common culture of the two continents, and may serve as a link between them; his book is of foremost importance for them both'
The Times Literary Supplement
John Kenneth Galbraith (1908-2006) was a Canadian-American economist. A Keynesian and an institutionalist, Galbraith was a leading proponent of 20th-century American liberalism and progressivism. Galbraith was the author of 30 books, including The Economics of Innocent Fraud, The Great Crash: 1929, and A History of Economics. less John QuigginGalbraith didn’t invent the role of public intellectual/social critic but he certainly occupied it incredibly effectively. He’s making the point – about the US in the 1950s, but it’s even more true today – that at the same time as we have this incredible array of consumer goods, the goods which we rely on the public to provide are decaying. Private affluence and public squalor is the great... (Source)
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Winner of the Richard A. Lester Award for the Outstanding Book in Industrial Relations and Labor Economics, Princeton University
An Economist Best Economics and Business Book of the Year
A Financial Times Best Economics Book of the Year
Inequality is one of our most urgent social problems. Curbed in the decades after World War II, it has recently returned with a vengeance. We all know the scale of the problem--talk about the 99% and the 1% is entrenched in public debate--but there has been little discussion of what we can do but despair.... more Winner of the Richard A. Lester Award for the Outstanding Book in Industrial Relations and Labor Economics, Princeton University
An Economist Best Economics and Business Book of the Year
A Financial Times Best Economics Book of the Year
Inequality is one of our most urgent social problems. Curbed in the decades after World War II, it has recently returned with a vengeance. We all know the scale of the problem--talk about the 99% and the 1% is entrenched in public debate--but there has been little discussion of what we can do but despair. According to the distinguished economist Anthony Atkinson, however, we can do much more than skeptics imagine.
"[Atkinson] sets forth a list of concrete, innovative, and persuasive proposals meant to show that alternatives still exist, that the battle for social progress and equality must reclaim its legitimacy, here and now... Witty, elegant, profound, this book should be read."
--Thomas Piketty, New York Review of Books
"An uncomfortable affront to our reigning triumphalists. [Atkinson's] premise is straightforward: inequality is not unavoidable, a fact of life like the weather, but the product of conscious human behavior.
--Owen Jones, The Guardian less John QuigginHe looks at what has happened in terms of inequality, how we measure it, what kinds of tax and welfare and other policies we could use to reduce inequality. Atkinson did a lot of the groundwork on this topic, because when he was first working on it in the 1990s it was quite controversial, just showing that the long increase in equality that had occurred throughout most of the 20th century was... (Source)
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John QuigginThis is the only book on my list that focuses on macroeconomics—the area of economics that looks at things like unemployment and inflation and the economy as a whole. Mostly macroeconomists are not thinking about the process of going to work or buying and selling stuff, they’re thinking about the big macro numbers that people talk about on TV. What I like about Ormerod is that he points out just... (Source)
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The international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity has been undermined by government spending and economic controls. New Foreword by the Authors; Index.
more The international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity has been undermined by government spending and economic controls. New Foreword by the Authors; Index.
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Arnold SchwarzeneggerThe other book that I have given hundreds of copies to is Free to Choose by Milton Friedman. It kind of lays out why the private sector is really the answer to a lot of problems that we have and not government. I think it’s a real great philosophic kind of a book about how to approach our problems, if it is education, if it is economic growth, all of those various kinds of different issues. He... (Source)
Grover NorquistWith Free to Choose, the title summarises it. He deals with vouchers in education and the whole idea of what we’re promoting. This goes back to the argument on the science stuff. We’re not for freedom because it brings economic growth. We’re not for freedom because it brings technology and improvements in standards of living. We’re for freedom because we’re for people being free. It also happens... (Source)
Mitch DanielsI chose this book because it expressed best to me the moral underpinnings of free economics, if one starts from the premise that the highest value is the autonomy and dignity and freedom of the individual. (Source)
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Abhijit V. Banerjee, Esther Duflo | 4.46
Two prize-winning economists show how economics, when done right, can help us solve the thorniest social and political problems of our day
The experience of the last decade has not been kind to the image of economists: asleep at the wheel (perhaps with the foot on the gas pedal) in the run-up to the great recession, squabbling about how to get out of it, tone-deaf in discussions of the plight of Greece or the Euro area; they seem to have lost the ability to provide reliable guidance on the great problems of the day.
In this ambitious, provocative book Abhijit V.... more Two prize-winning economists show how economics, when done right, can help us solve the thorniest social and political problems of our day
The experience of the last decade has not been kind to the image of economists: asleep at the wheel (perhaps with the foot on the gas pedal) in the run-up to the great recession, squabbling about how to get out of it, tone-deaf in discussions of the plight of Greece or the Euro area; they seem to have lost the ability to provide reliable guidance on the great problems of the day.
In this ambitious, provocative book Abhijit V. Banerjee and Esther Duflo show how traditional western-centric thinking has failed to explain what is happening to people in a newly globalized world: in short Good Economics has been done badly. This precise but accessible book covers many of the most essential issues of our day--including migration, unemployment, growth, free trade, political polarization, and welfare. Banerjee and Duflo will confound and clarify the presumptions of our times, such as:
Why migration doesn't follow the law of supply and demand
Why trade liberalization can drive unemployment up and wages down
Why macroeconomists like to bend the data to fit the model
Why nobody can really explain why and when growth happens
Why economists' assumption that people don't change their minds has made has made polarization worse
Why quite often it doesn't take a village, especially if the villagers aren't that nice
In doing so, they seek to reclaim this essential terrain, and to offer readers an economist's view of the great issues of the day--one that is candid about the complexities, the zones of ignorance, and the areas of genuine disagreement.
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Chiki SarkarJust in and Looking good - the new book by the best selling and super brilliant authors of poor economics. @juggernautbooks https://t.co/wcHLVehE1x (Source)
John QuigginIt very much reflects the positive direction of economics over the past decade or two. It’s focused on data and randomized control tests. It’s about developing policy improvements that will make life better for people and working out which kinds of policy interventions actually work and which don’t—without an excessively dogmatic starting point. So the general spirit is to say, ‘Let’s look at... (Source)
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John Maynard Keynes | 4.10
This reissue of the authoritative Royal Economic Society edition of Essays in Persuasion features a new introduction by Donald Moggridge, which discusses the significance of this definitive work. The essays in this volume show Keynes' attempts to influence the course of events by public persuasion over the period of 1919-40.
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This reissue of the authoritative Royal Economic Society edition of Essays in Persuasion features a new introduction by Donald Moggridge, which discusses the significance of this definitive work. The essays in this volume show Keynes' attempts to influence the course of events by public persuasion over the period of 1919-40.
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Warren BuffettReading Keynes will make you smarter about securities and markets, I'm not sure reading most economists would do the same. (Source)
Peter KellnerThis volume spans the aftermath of the First World War and his assault on the Versailles Treaty and the damage it was going to cause, through to the 1920s and 30s and the arguments over the gold standard, right to his writing on how to pay for the Second World War. (Source)
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Thomas Piketty, Arthur Goldhammer | 4.27
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate... more What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.
Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.
A work of extraordinary ambition, originality, and rigor, Capital in the Twenty-First Century reorients our understanding of economic history and confronts us with sobering lessons for today. less 
Bill GatesCapital sparked a fantastic global discussion this year about inequality. Piketty kindly spent an hour discussing his work with me before I finished my review. As I told him, although I have concerns about some of his secondary points and policy prescriptions, I agree with his most important conclusions: inequality is a growing problem and that governments should play a role in reducing it. I... (Source)
David Heinemeier HanssonThis is the book that was catapulted by its conclusion: r > g. That the rate of return on capital is greater than the growth rate of the economy. Which means that capital, and the people who own it, will end up with a larger and larger share of all wealth and income in the economy as time goes on.
It’s a dense dive into the historical data on wealth, income, and economic growth from the optic of... (Source)
George MonbiotPiketty explains the economic crisis that we face in ways that also explain the political crisis. He does this by talking about the rise of what he calls ‘patrimonial capital’: wealth arising from inheritance, rent, and interest payments which greatly outweighs any wealth arising from hard work and enterprise. (Source)
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Now reissued in a gorgeous hardcover edition: "one of the most prophetic dystopian works of the 20th century" (Wall Street Journal) must be read and understood by anyone concerned with preserving the human spirit in the face of our "brave new world." Huxley's masterpiece has become a bestseller once again after the American election.
Aldous Huxley's profoundly important classic of world literature, Brave New World is a searching vision of an unequal, technologically-advanced future where humans are genetically bred, socially indoctrinated, and pharmaceutically... more Now reissued in a gorgeous hardcover edition: "one of the most prophetic dystopian works of the 20th century" (Wall Street Journal) must be read and understood by anyone concerned with preserving the human spirit in the face of our "brave new world." Huxley's masterpiece has become a bestseller once again after the American election.
Aldous Huxley's profoundly important classic of world literature, Brave New World is a searching vision of an unequal, technologically-advanced future where humans are genetically bred, socially indoctrinated, and pharmaceutically anesthetized to passively uphold an authoritarian ruling order whose motto is "Community, Identity, Stability."—all at the cost of our freedom, humanity, and perhaps our souls. "A genius [who] who spent his life decrying the onward march of the Machine" (The New Yorker), Huxley was a man of incomparable talents: equally an artist, a spiritual seeker, and one of history's keenest observers of human nature and civilization. Brave New World, his masterpiece, has enthralled and terrified millions of readers, and retains its urgent relevance to this day as both a warning as we head into tomorrow and as a thought-provoking, satisfying work of literature. Written in the shadow of the rise of fascism during the 1930s, Brave New World likewise speaks to a twenty-first-century world dominated by mass-entertainment, technology, medicine and pharmaceuticals, the arts of persuasion, and the hidden influence of elites. less 
Yuval Noah HarariThe most prophetic book of the 20th century. Today many people would easily mistake it for a utopia. (Source)
Ellen Wayland-SmithIt is a hilarious, and also very prescient, parody of utopias. Huxley goes back to the idea that coming together and forming a community of common interests is a great idea – it’s the basis of civil society. At the same time, when communities of common interests are taken to utopian degrees the self starts to dissolve into the larger community, you lose privacy and interiority; that becomes... (Source)
John QuigginThe lesson I draw from this is that the purpose of utopia is not so much as an achieved state, as to give people the freedom to pursue their own projects. That freedom requires that people are free of the fear of unemployment, or of financial disaster through poor healthcare. They should be free to have access to the kind of resources they need for their education and we should maintain and... (Source)
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The first book in Iain M. Banks's seminal science fiction series, The Culture. Consider Phlebas introduces readers to the utopian conglomeration of human and alien races that explores the nature of war, morality, and the limitless bounds of mankind's imagination.
The war raged across the galaxy. Billions had died, billions more were doomed. Moons, planets, the very stars themselves, faced destruction, cold-blooded, brutal, and worse, random. The Idirans fought for their Faith; the Culture for its moral right to exist. Principles were at stake. There could be no... more The first book in Iain M. Banks's seminal science fiction series, The Culture. Consider Phlebas introduces readers to the utopian conglomeration of human and alien races that explores the nature of war, morality, and the limitless bounds of mankind's imagination.
The war raged across the galaxy. Billions had died, billions more were doomed. Moons, planets, the very stars themselves, faced destruction, cold-blooded, brutal, and worse, random. The Idirans fought for their Faith; the Culture for its moral right to exist. Principles were at stake. There could be no surrender.
Within the cosmic conflict, an individual crusade. Deep within a fabled labyrinth on a barren world, a Planet of the Dead proscribed to mortals, lay a fugitive Mind. Both the Culture and the Idirans sought it. It was the fate of Horza, the Changer, and his motley crew of unpredictable mercenaries, human and machine, actually to find it, and with it their own destruction. less 
Elon MuskSpaceX, the rocketry firm he founded in 2002, owns two ocean-going barges that serve as mobile landing pads for its rockets. One is called Just Read the Instructions, the other Of Course I Still Love You. Both are named after sentient spaceships in the “Culture” books, all of which have similarly playful names (one warship, which spends most of its time waiting idly to be called up for action, is... (Source)
Demis Hassabisexcited for this, Banks' Culture series is brilliant. Consider Phlebas is one of my favourite books, I read it back in the day when I was programming Theme Park, the cheat code for the game is 'Horza', the main character from the book... https://t.co/rUPwVpZU1f (Source)
John QuigginIain Banks is the writer you probably think of as being furthest from utopia in all sorts of ways. But the underlying conceit is that this is a post-scarcity society where people are free from any kind of material concerns. If they want to tear down their existing planet and build a whole new one, they can just go ahead and do it. It’s quite a successful imagining of what things might be like,... (Source)
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