Books like Knowledge And Decisions — picked by fans

This is the rare book that is as eye-opening for the novice in economics as it is stimulating for the professional economist. Hazlitt will show you why economics is the golden key to unlocking an endless series of social mysteries.

If you really take his classic 1946 “Lesson” to heart, you can outthink many professional economists who have mistaken mathematical pyrotechnics for economic insight. 

Whether you instantly recognize this book as economics depends on whether you internalized the last quarter of Kirzner’s The Economic Point of View. Economics is not merely about human behavior in one narrow domain (say, traditional markets using traditional money).

Wherever human beings make choices, economics applies. Read this book, and marvel as your economic intuition expands with every page. 

The greatest book ever written in economics isn’t Adam Smith’s The Wealth of Nations, Karl Marx’s Das Kapital, or John Maynard Keynes’ The General Theory, but this book by Ludwig von Mises. If you only ever read one book in economics, make it this one—even if it takes five years to traverse. You’ll be digesting the insights for a lifetime.

Everything is here. How we ought to think about economics. How we can most fruitfully analyze society. How can humans live better together than they could apart? What makes some societies rich and others poor? Mises originally thought of calling the book “Social Cooperation,” two words that deftly capture the essence of this 800+ page treatise. 

Ask ten different people to define economics, and you’ll get ten different answers. Does it have something to do with money, finance, the “economy”? Is it about wealth creation? Worse, does it assume people are self-centered greed monsters who care only about maximizing their own happiness, which is assumed to be achievable solely through material acquisition? Worse still, does economics justify or condone such behavior?

Kirzner’s book, which was his dissertation written under the guidance of Ludwig von Mises, shows us the way out of this mess. Read this book to learn why economics is the best tool we have for making sense of the social world. Plus, no unrealistic assumptions about humans are needed! 

I like to look at the big picture. This book’s picture is huge: it explains three waves of human civilization, from agriculture and land ownership, to centralization and mass manufacturing, to distributed and custom everything—the wave we are in now. It was originally published in 1980 and predicted our current culture and technology with astonishing accuracy. I, and many entrepreneurs of the time, tried to use those predictions to guide our businesses, and many, like Amazon, succeeded as a result. Are there still more third wave things to invent? Yes—think of how streaming video channels are just now taking over from cable and broadcast, not to mention movie theatres. Will this help you invent the next big thing? Maybe. And what will the fourth wave be?

This list could only end with the book that changed everything for me, yet which I only discovered, incomplete, on the desk of my suddenly-deceased mentor David Fleming…

Delving, I was absolutely captivated by its insight, humour, and startlingly realistic vision, to the extent of devoting my next couple of years to bringing it through to posthumous publication, alongside the paperback Surviving the Future that I drew out from it.

I’m deeply proud of that book, but the indescribable, multi-award-winning Lean Logic is where the rarest magic lies, with its remarkable structure of interlinked dictionary entries reflecting perfectly the holism at the heart of its radical post-collapse paradigm.

And now there’s LeanLogic.online, the wonderful fan-built website presenting the full contents for free, in a format perfectly suited to that structure. May they reshape your life as they have mine!

When I first read this book as a graduate student, Kathleen Davis’s ability to draw unexpected connections—between political power and temporality, feudalism and imperialism, medieval and postcolonial studies—melted my brain (in a good way). It’s not easy to do justice to her complex argument in a few sentences, but basically she shows how early modern jurists deliberately relegated certain ideas (servility, absolutism, religiosity) both to Europe’s medieval past and the present of the nonwestern world in order to justify imperial expansion, colonial domination, and even chattel slavery. A dense critique of both medieval historiography and postcolonial theory, Periodization and Sovereignty isn’t a breezy read but it’s well worth the effort.     

I love experiments in the novel form, and this book by the Czech Ourednik startled me from the first words of its opening, a deadpan sentence telling us that the Americans who died at Normandy in 1944 were unusually tall. What follows is an accounting of important and trivial happenings of a hundred years of war-riddled world history in roughly the same number of pages.

Throughout, we read random details, skipping from how often people bathed to psychologists’ recommendations about venting aggression through competitive sports to the changes in human lives occasioned by contraceptives and tear-off toilet paper. Every page is always the tongue-in-cheek narration of absurdities I couldn’t help reading aloud to whoever was nearby. No book is like this one, and maybe no other so profound.

Brook uses artifacts portrayed in six paintings by the Dutch Golden Age painter Johannes Vermeer to show how, several centuries before the World Wide Web, the local and the global were intimately connected. He surprises his readers by showing that people and goods and ideas moved around the 17th-century world in ways that – rather like us – their ancestors would have considered impossible. Perhaps because Brook is a Canadian historian of China who is familiar with Europe, he provides a truly global history and almost every page contains a “gee whiz” fact. I also love the idea that “Every picture tells a story.”

The famous British philosopher A.C. Grayling tells the story of a hard-fought struggle over the past five centuries for the rights and freedoms now enjoyed in Western democracies. He emphasizes that our rights and freedoms are both precious and precarious: they could easily be lost if governments and citizens don’t adequately appreciate them or don’t understand how difficult they are to win.

For Grayling, our rights and freedoms began to contract around the beginning of this century. He points, for example, to the rise of state surveillance, particularly in response to terrorism but often just for the convenience of policing.