Books like Humanomics

Phillipson’s book is, for us, the best intellectual biography about Smith.

It provides a balanced overall account of Smith’s economics and wider thought and traces their origins and evolution back to the places where Smith lived. It is a very fine read indeed. Quite possibly it is the most insightful book yet on Smith’s life and work.

It is a must-read for Smith scholars. It is also an important corrigendum to the many accounts that describe Smith as an absent-minded professor, somewhat detached from the world. Phillipson argues convincingly that Smith, while he may have had Asperger’s, was a man of the world, a very competent administrator in academic and other matters, and a much sought-after policy advisor at the highest level.

Part of the series meant to cater to “those new to philosophy” while also being “essential reading for those interested in the subject at any level.” It’s a little bit like squaring the circle. But Fleischacker (also the author of an excellent book on Smith’s Wealth of Nations almost twenty years back) manages to do so.

There are two ingredients that make Fleischacker’s latest book such a must-read. First, his ability to synthesize complicated issues (such as what distinguishes Smith’s and Hume’s theories of self-command) in language accessible to motivated laypeople. Second, his outstanding scholarship.

Fleischacker really knows his stuff, as reflected in the richness of the footnotes to each of the chapters. Many of them are little gems and literature reviews of consistently high quality.

Ryan Patrick Hanley is a Great Enlightenment scholar and one of the very best scholars on Smith (see also his Adam Smith and the Character of Virtue).

Focusing on Smith’s moral philosophy and especially on his description of the excellent character (cultivating prudence, justice, self-command, and beneficence), Hanley offers us a different and unknown picture of Smith, one of a man who was deeply concerned with, and who can still offer us deep insights into, how to live a better life and reach that “great purpose” we all strive for, happiness.  

This handbook, edited by three well-known Smith scholars, follows on from a conference organised for the 250th anniversary of the publication of Smith’s Theory of Moral Sentiments although it is not a proceedings volume.

The book has seven parts, each part featuring four chapters. These 28 chapters cover all bases, from an introductory outline of life, times, and legacy, over the importance of Smith’s unpublished work, the importance to Smith of rhetoric, ethics, aesthetics, theatre, and fashion, to Smith’s view on commerce and morality, his view on religion, and Smith’s legacy and influence, among many other topics.

This is an inspiring read from a real changemaker.

Morgan is also someone I have had the pleasure of getting to know through the impact investing conference circuit, and I enjoyed reading her firsthand account of how she combined her social activist desires with the practical tools of finance and investment to create ‘real impact.’

One of my favorite sections of the book was on her early days and successes with shareholder activism. This book and her story are ones that many impact-minded leaders can learn from. 

This book is a lovingly and expertly written biography of an underappreciated but vastly significant economist, Herman Daly. Professor Daly was an early proponent of ecological economics, and his work is becoming increasingly important and relevant if we want to stop climate breakdown.

One of the main reasons we are approaching climate breakdown is because neo-liberal economic theories and the economic system they have led to through trade agreements and the like rely on false or oversimplified assumptions—like pollution is free or that any resource constraints can be met by new inventions. The fact that neither is true—and the policy implications that set out from that conclusion - are persuasively documented in this biography.

The book is about economics and a great economist who brilliantly and convincingly demonstrated that the Planet and human resource demands on it must be included in our economic analysis and rules. As such, the biography… show more.

This book asks policymakers to look beyond incentives when designing policies.

Whether we are trying do something at a personal level, such as have our children do chores, or achieve something much bigger, such as combat obesity, designing appropriate incentives (carrots or sticks) is generally believed to help us achieve our goals.

Bowles warns us that this view assumes that incentives and morality are independent and that such view is faulty. Numerous experimental evidence attests to his argument. In its stead, he suggests shaping norms as a much more viable option.

When I presented these concepts in my economics elective this semester, one student commented that this was a “paradigm shift” in their understanding of economics; hence, the reason why I recommend this book.

If you love villains, you’ll love this book (plus all these villains are real).

Psychopathic dictators, Russian arms dealers, ultra-violent warlords, and corrupt French presidents all show the evil oil can inspire—and the ruin it can bring to a country. I had to put this book down a few times; the depravity around oil can shock even those of us who think we’ve heard it all.

This book challenged my thinking about the implications of compassion taking a decisive role in policy.

Not undermining the import of compassion or empathy, it reveals how these moral sentiments are taking precedence over formal rights in decisions about asylum for refugees, aid, access to health or mental health care, and even justifying a military action.

Under the emergent logic of humanitarian reason, structural inequities and violence are easily rendered invisible as the most poignantly shaped public narratives of suffering gain sway over historical conditions of structural injustice and dominance. Fassin draws upon fieldwork in South Africa, Venezuela, Palestine, and Iraq, as well as policy in France, showing how the logic of humanitarian reason can abandon those who are positioned in the most precarious conditions.

The CRISPR story took a shocking turn in 2018 when a Chinese scientist attempted the unthinkable – overseeing the birth of twin girls with edited DNA.

I devoted multiple chapters to this saga in my book (resulting in the book’s ban in China); meanwhile, Stanford law professor Hank Greely produced an excellent account of the entire story in CRISPR People. Greely eloquently guides the reader beyond the headlines, offering valuable context and shrewd legal analysis, before asking whether this scandal could happen again.