Here are 100 books that Making Money fans have personally recommended if you like Making Money. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of The Currency of Empire: Money and Power in Seventeenth-Century English America

Tim Di Muzio Author Of An Anthropology of Money: A Critical Introduction

From my list on money and capitalism from a political economist.

Why am I passionate about this?

I’m a Canadian political economist working in Australia as an Associate Professor in International Relations and Political Economy at the University of Wollongong, just south of Sydney. I’ve been fascinated by the history of capitalism and money since post-graduate school. Eventually I had some time to do a deep dive into the existing scholarly literature on money and have so far written two books on the topic and multiple articles. I hope you enjoy my book recommendations as much as I enjoyed reading them.   

Tim's book list on money and capitalism from a political economist

Tim Di Muzio Why Tim loves this book

I would argue that the history of capitalism is also the history of money.  You can’t understand one without the other. 

The Currency of Empire is masterfully written and researched.

Why I loved this book so much is not only because it filled many gaps in my knowledge of the history of money in the United States, but also that it has a keen focus on political power and the different interests among the colonists and England. 

If you want to understand how money and monetary systems are created within relations of power this book is essential for you. Another must-read that should not be missed.

By Jonathan Barth ,

Why should I read it?

1 author picked The Currency of Empire as one of their favorite books, and they share why you should read it.

What is this book about?

In The Currency of Empire, Jonathan Barth explores the intersection of money and power in the early years of North American history, and he shows how the control of money informed English imperial action overseas.

The export-oriented mercantile economy promoted by the English Crown, Barth argues, directed the plan for colonization, the regulation of colonial commerce, and the politics of empire. The imperial project required an orderly flow of gold and silver, and thus England's colonial regime required stringent monetary regulation. As Barth shows, money was also a flash point for resistance; many colonists acutely resented their subordinate economic station,…


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Book cover of Aggressor

Aggressor by FX Holden,

It is April 1st, 2038. Day 60 of China's blockade of the rebel island of Taiwan.

The US government has agreed to provide Taiwan with a weapons system so advanced that it can disrupt the balance of power in the region. But what pilot would be crazy enough to run…

Book cover of War and Gold: A Five-Hundred-Year History of Empires, Adventures, and Debt

Tim Di Muzio Author Of An Anthropology of Money: A Critical Introduction

From my list on money and capitalism from a political economist.

Why am I passionate about this?

I’m a Canadian political economist working in Australia as an Associate Professor in International Relations and Political Economy at the University of Wollongong, just south of Sydney. I’ve been fascinated by the history of capitalism and money since post-graduate school. Eventually I had some time to do a deep dive into the existing scholarly literature on money and have so far written two books on the topic and multiple articles. I hope you enjoy my book recommendations as much as I enjoyed reading them.   

Tim's book list on money and capitalism from a political economist

Tim Di Muzio Why Tim loves this book

Gold has fascinated humanity for a considerable swathe of history, and it continues to do so today.

I saw this book online and immediately had to get it. I already knew that the creation of modern money as debt was fundamentally rooted in war and geopolitics, but I did not know the extensive history of how gold and war were interconnected over 500 years. 

I think that this is a captivating study for anyone who is interested in the links between war, gold, and geopolitical capitalism. 

A fascinating and essential read for explaining how we arrived at where we are today. 

By Kwasi Kwarteng ,

Why should I read it?

1 author picked War and Gold as one of their favorite books, and they share why you should read it.

What is this book about?

The world was wild for gold. After discovering the Americas, and under pressure to defend their vast dominion, the Habsburgs of Spain promoted gold and silver exploration in the New World with ruthless urgency. But, the great influx of wealth brought home by plundering conquistadors couldn't compensate for the Spanish government's extraordinary military spending, which would eventually bankrupt the country multiple times over and lead to the demise of the great empire. Gold became synonymous with financial dependability, and following the devastating chaos of World War I, the gold standard came to express the order of the free market system.…


Book cover of The Nature of Money

Tim Di Muzio Author Of An Anthropology of Money: A Critical Introduction

From my list on money and capitalism from a political economist.

Why am I passionate about this?

I’m a Canadian political economist working in Australia as an Associate Professor in International Relations and Political Economy at the University of Wollongong, just south of Sydney. I’ve been fascinated by the history of capitalism and money since post-graduate school. Eventually I had some time to do a deep dive into the existing scholarly literature on money and have so far written two books on the topic and multiple articles. I hope you enjoy my book recommendations as much as I enjoyed reading them.   

Tim's book list on money and capitalism from a political economist

Tim Di Muzio Why Tim loves this book

This book was a real eye-opener and can be considered seminal across the social sciences for its breadth and depth of analysis on money. 

I loved this book because it filled so many gaps in my knowledge. I was drawn to it because I once asked my professor how new money was generated and he said he knew but he forgot. 

This made me think that money might not be all that important to understanding capitalism. Alas, I was dead wrong of course and returned to my question years later.

That’s how I found Professor Ingham’s book. I still have comprehensive notes from his work and consult them regularly. 

This book is essential for anyone who wants to understand the past and present of money. 

By Geoffrey Ingham ,

Why should I read it?

1 author picked The Nature of Money as one of their favorite books, and they share why you should read it.

What is this book about?

In this important new book, Geoffrey Ingham draws on neglected traditions in the social sciences to develop a theory of the 'social relation' of money. * Genuinely multidisciplinary approach, based on a thorough knowledge of theories of money in the social sciences * An original development of the neglected heterodox theories of money * New histories of the origins and development of forms of money and their social relations of production in different monetary systems * A radical interpretation of capitalism as a particular type of monetary system and the first sociological outline of the institutional structure of the social…


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Book cover of Trusting Her Duke

Trusting Her Duke by Arietta Richmond,

A Duke with rigid opinions, a Lady whose beliefs conflict with his, a long disputed parcel of land, a conniving neighbour, a desperate collaboration, a failure of trust, a love found despite it all.

Alexander Cavendish, Duke of Ravensworth, returned from war to find that his father and brother had…

Book cover of The Grip of Death: A Study of Modern Money, Debt Slavery and Destructive Economics

Tim Di Muzio Author Of An Anthropology of Money: A Critical Introduction

From my list on money and capitalism from a political economist.

Why am I passionate about this?

I’m a Canadian political economist working in Australia as an Associate Professor in International Relations and Political Economy at the University of Wollongong, just south of Sydney. I’ve been fascinated by the history of capitalism and money since post-graduate school. Eventually I had some time to do a deep dive into the existing scholarly literature on money and have so far written two books on the topic and multiple articles. I hope you enjoy my book recommendations as much as I enjoyed reading them.   

Tim's book list on money and capitalism from a political economist

Tim Di Muzio Why Tim loves this book

I love this book because it was a real eye-opener on par with Ingham’s work. 

I discovered the book when I was researching my book with Richard Robbins. In my view it is a foundational book that should be read by all those interested in money, debt, and capitalism. 

I really like Rowbotham’s analysis and cutting critique of the current monetary system. He begins the book by asking: if virtually every nation in the world is in debt, who is the money owed to? 

From there the adventure begins as he unravels how modern money is created. If you thought that when you borrowed from a bank you were borrowing the money of other depositors, think again! 

A wonderful read that will get you thinking about alternatives to a capitalism founded on debt money. 

By Michael Rowbotham ,

Why should I read it?

1 author picked The Grip of Death as one of their favorite books, and they share why you should read it.

What is this book about?

A lucid and original account of where money comes from and why most people and businesses are so heavily in debt. It explodes more myths than any other book this century, yet it's all about subjects very close to home: mortgages, building societies and banks, agriculture, transport, global poverty, and what's on the supermarket shelf. The author proposes a new mechanism for the supply of money, creating a supportive financial environment and a decreasing reliance on debt.


Book cover of The Soul's Economy: Market Society and Selfhood in American Thought, 1820-1920

Michael Zakim Author Of Accounting for Capitalism: The World the Clerk Made

From my list on modern capitalist economy.

Why am I passionate about this?

As both a scholar and a citizen I have spent my adult life seeking to better understand the dynamics of power, especially power wielded in flagrantly unjust fashion in societies otherwise founded on notions of life, liberty, and happiness for all. This has led me to study the history of the economy, not just as a material but as a cultural system that encodes the categories of modern life:  self and society, private and public, body and soul, and needs and desires.

Michael's book list on modern capitalist economy

Michael Zakim Why Michael loves this book

Jeffrey Sklansky is that rare academic with a writer’s literary imagination, which serves the reader well in engaging The Soul’s Economy, a riveting and dense intellectual history of the market’s emergence as the organizing principle of not only economic life, but of a distinctly new moral sensibility between 1820 and 1920. 

Sklansky explores this far-reaching turn of events through a series of dedicated readings of America’s leading philosophers and pundits of the times, ranging from Ralph Waldo Emerson to John Dewey, who collectively recast the pursuit of wealth into an ethic of personal rectitude and even the source of society’s general welfare.

By Jeffrey Sklansky ,

Why should I read it?

1 author picked The Soul's Economy as one of their favorite books, and they share why you should read it.

What is this book about?

Socializing the psyche; Tracing a seismic shift in American social thought, Jeffrey-Sklansky offers a new synthesis of the intellectual transformation entailed in the rise of industrial capitalism. For a century after Independence, the dominant American understanding of selfhood and society came from the tradition of political economy, which defined freedom and equality in terms of ownership of the means of self-employment. However, the gradual demise of the household economy rendered proprietary independence an increasingly embattled ideal. Large landowners and industrialists claimed the right to rule as a privilege of their growing monopoly over productive resources, while dispossessed farmers and workers…


Book cover of Capitalism: A Conversation in Critical Theory

Richard R. Weiner Author Of Sustainable Community Movement Organizations: Solidarity Economies and Rhizomatic Practices

From my list on understanding regimes of law and political economy.

Why am I passionate about this?

Rich Weiner co-edited this featured volume with Francesca Forno. He is a political sociologist with a strong foundation in the history of political and social thought. He has served for twenty-two years as dean of the faculty of arts and sciences. His focus has been on non-statist political organizations and social movements with a perspective of middle-range theorizing enriched by three generations of Frankfurt School critical theory of society.

Richard's book list on understanding regimes of law and political economy

Richard R. Weiner Why Richard loves this book

Wide-ranging philosophical conversation and moral critique of capitalism as an instituted social order wherein a structure of domination establishes and reinforces an entire way of life attuned to the hegemony of exchange value as well as commodity production, and their social reproduction.

I very much appreciate the book’s strategy of cogent, accessible and explorative dialogue rather than tit-for-tat debate.

By Nancy Fraser , Rahel Jaeggi ,

Why should I read it?

1 author picked Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

In this important new book, Nancy Fraser and Rahel Jaeggi take a fresh look at the big questions surrounding the peculiar social form known as "capitalism," upending many of our commonly held assumptions about what capitalism is and how to subject it to critique. They show how, throughout its history, various regimes of capitalism have relied on a series of institutional separations between economy and polity, production and social reproduction, and human and non-human nature, periodically readjusting the boundaries between these domains in response to crises and upheavals. They consider how these "boundary struggles" offer a key to understanding capitalism's…


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Book cover of The Duke's Christmas Redemption

The Duke's Christmas Redemption by Arietta Richmond,

A Duke who has rejected love, a Lady who dreams of a love match, an arranged marriage, a house full of secrets, a most unneighborly neighbor, a plot to destroy reputations, an unexpected love that redeems it all.

Lady Charlotte Wyndham, given in an arranged marriage to a man she…

Book cover of The Social Life of Money in the English Past

Timothy Alborn Author Of Misers: British Responses to Extreme Saving, 1700-1860

From my list on the strangeness of money.

Why am I passionate about this?

I’ve been fascinated by money since I was a graduate student when I had even less of it than I do today (as a British historian in the CUNY system). We all carry it in our wallets and have more or less of it in the bank, but it’s also in the air we breathe, suffusing the books we read and the decisions we make. So when I started researching and writing about the British past, money and its associated institutions seemed like an obvious place to start looking. It has yet to let me down, enabling me to discover new things to say about politics, literature, and society.

Timothy's book list on the strangeness of money

Timothy Alborn Why Timothy loves this book

Before Valenze published this book, she had mostly written about people—religious visionaries, working-class women, and the like. Since this book appeared in 2006, she has focused on things—specifically milk and, as seen through the eyes of Thomas Malthus, the food that sustains populations.

This book is where these two foci meet, and the book has deeply informed my own work on money and the way I teach British history to my students. My main takeaway from the book is Valenze’s claim that Britain “detoxified” money toward the end of the eighteenth century. Around this time, moralists found cause to focus on its redemptive capacity and shifted their chagrin from money itself to its abuse. Money, she argues, became a measure of status, a judicial incentive (in the form of rewards for wanted criminals), and a vehicle of philanthropy–emerging, alongside the Enlightenment, as “a universal instrument of personal agency.”

By Deborah Valenze ,

Why should I read it?

1 author picked The Social Life of Money in the English Past as one of their favorite books, and they share why you should read it.

What is this book about?

In an age when authoritative definitions of currency were in flux and small change was scarce, money enjoyed a rich and complex social life. Deborah Valenze shows how money became involved in relations between people in ways that moved beyond what we understand as its purely economic functions. This highly original investigation covers the formative period of commercial and financial development in England between 1630 and 1800. In a series of interwoven essays, Valenze examines religious prohibitions related to avarice, early theories of political economy and exchange practices of the Atlantic economy. In applying monetary measurements to women, servants, colonial…


Book cover of Small Is Beautiful: Economics as If People Mattered

Ray Cunningham Author Of The Post-Growth Project: How the End of Economic Growth Could Bring a Fairer and Happier Society

From my list on our fatal addiction to economic growth.

Why am I passionate about this?

In my career, I managed research into how the problems of modern industrial society are tackled in different countries. This reflected my own comparative instinct, which arose out of growing up bilingual and at home in two cultures. My journey into politics, sociology, and economics made me increasingly aware of the blindness of our social arrangements to the growing ecological crisis – and of how this blindness is perpetuated by the narrow silos of our political and academic systems. Our only hope now lies with thinkers who can escape those silos and integrate different perspectives into a holistic understanding. We don’t need more specialists, but generalists. Fewer economists, more moral philosophers. 

Ray's book list on our fatal addiction to economic growth

Ray Cunningham Why Ray loves this book

The book that gave birth to the slogan... This is an iconoclastic look at the capitalist economy from a man who trained as an academic economist and worked for the National Coal Board. Schumacher thought creatively and wrote and spoke in a lively and engaging way and the book is an accessible introduction to a different way of thinking about what the purpose of an economy, or economics, is.

Also, Schumacher was invited to become the first Director of the Anglo-German Foundation for the Study of Industrial Society, but felt that he was already too old for the job. Many years later, I became the Foundation’s last Director.

By E.F. Schumacher ,

Why should I read it?

3 authors picked Small Is Beautiful as one of their favorite books, and they share why you should read it.

What is this book about?

This New York Times bestselling “Eco Bible” (Time magazine) teaches us that economic growth must be responsibly balanced with the needs of communities and the environment.

“Embracing what Schumacher stood for--above all the idea of sensible scale--is the task for our time. Small is Beautiful could not be more relevant. It was first published in 1973, but it was written for our time.” — Bill McKibben, from the Foreword

Small Is Beautiful is Oxford-trained economist E. F. Schumacher’s classic call for the end of excessive consumption. Schumacher inspired such movements as “Buy Locally” and “Fair Trade,” while voicing strong opposition…


Book cover of The Crisis of Democratic Capitalism

Lodewijk Smets Author Of Retooling Development Aid in the 21st Century: The Importance of Budget Support

From my list on economic growth and international development.

Why am I passionate about this?

As Nobel prize-winning economist Robert Lucas put it, "Once you start thinking about economic growth, it's hard to think about anything else." That's why I am eager to share the best books on economic development with you! I am a Senior Economist at the World Bank, the world's premier development institution. Over the years, I have developed a deep interest in what makes countries prosper, have published extensively on the topic in academic journals, and earned a PhD in Economics along the way. As a development practitioner, I have been supporting sustainable growth across the globe, with working experience in the Caribbean, Africa, and the Pacific. 

Lodewijk's book list on economic growth and international development

Lodewijk Smets Why Lodewijk loves this book

After the fall of the Berlin Wall and the collapse of the Soviet Union, the 1990s saw the model of democratic capitalism prevail. Thirty years later, democracy is being questioned, and capitalism has been threatened by growing inequality.

Martin Wolf’s book provides a deep study of the underlying causes of this worrying development, something I very much appreciate. For all its flaws, Wolf argues that democratic capitalism remains the most promising economic model to provide individual freedom and shared prosperity, but it will require a revisiting of the concept of citizenship to foster a shared belief in the common good.

By Martin Wolf ,

Why should I read it?

4 authors picked The Crisis of Democratic Capitalism as one of their favorite books, and they share why you should read it.

What is this book about?

From the chief economics commentator of the Financial Times, a magnificent reckoning with how and why the marriage between democracy and capitalism is coming undone, and what can be done to reverse this terrifying dynamic

Martin Wolf has long been one of the wisest voices on global economic issues. He has rarely been called an optimist, yet he has never been as worried as he is today. Liberal democracy is in recession, and authoritarianism is on the rise. The ties that ought to bind open markets to free and fair elections are threatened, even in democracy’s heartlands, the United States…


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Book cover of Old Man Country

Old Man Country by Thomas R. Cole,

This book follows the journey of a writer in search of wisdom as he narrates encounters with 12 distinguished American men over 80, including Paul Volcker, the former head of the Federal Reserve, and Denton Cooley, the world’s most famous heart surgeon.

In these and other intimate conversations, the book…

Book cover of The Passions and the Interests: Political Arguments for Capitalism Before Its Triumph

William Caferro Author Of Petrarch's War: Florence and the Black Death in Context

From my list on economic history and testing assumptions.

Why am I passionate about this?

I began this veil as a mathematics major and a first generation college student. It was not easy and I had no great plans or ambitions. I was good at math. But as I read books like these, and many others, I changed my horizons altogether, saw a place for myself and a purpose previously lacking. Economic History resembles my first love of math, but with persons and human behavior included. The latter is endlessly fascinating, as is the tendency of “experts” to misread and make broad assumptions that I, ever skeptical, wish to test where I can. I like being engaged intellectually for its own sake, and, from books like Tristram Shandy, have always endeavored to take my work seriously, but not myself as a human being.

William's book list on economic history and testing assumptions

William Caferro Why William loves this book

The book is, like the others I have recommended, decidedly distinctive and untraditional. It traces the convoluted history of capitalist thought prior to its advent (which is itself the subject of ceaseless debate). Reducing forces to “passion” and “order” made me look at a complicated subject in a new way.

By Albert O. Hirschman ,

Why should I read it?

1 author picked The Passions and the Interests as one of their favorite books, and they share why you should read it.

What is this book about?

In this volume, Albert Hirschman reconstructs the intellectual climate of the seventeenth and eighteenth centuries to illuminate the intricate ideological transformation that occurred, wherein the pursuit of material interests--so long condemned as the deadly sin of avarice--was assigned the role of containing the unruly and destructive passions of man. Hirschman here offers a new interpretation for the rise of capitalism, one that emphasizes the continuities between old and new, in contrast to the assumption of a sharp break that is a common feature of both Marxian and Weberian thinking. Among the insights presented here is the ironical finding that capitalism…


Book cover of The Currency of Empire: Money and Power in Seventeenth-Century English America
Book cover of War and Gold: A Five-Hundred-Year History of Empires, Adventures, and Debt
Book cover of The Nature of Money

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