Here are 100 books that Megathreats fans have personally recommended if you like Megathreats. 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 Irrational Exuberance

Robert Isaak Author Of Brave New World Economy: Global Finance Threatens Our Future

From my list on the world economy, finance trends, and options.

Why am I passionate about this?

Since completing my PhD in political economy (dissertation: ā€˜International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ā€˜Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

Robert's book list on the world economy, finance trends, and options

Robert Isaak Why Robert loves this book

Shiller predicted both the dot-com crisis (2001) and the financial crisis stemming from real estate (2008) in advance in two editions of this book.

Since receiving the Nobel prize in economics he published his book Narrative Economics: How Stories Go Viral which together with the book recommended will help the reader predict the timing of coming economic trends.

By Robert J. Shiller ,

Why should I read it?

2 authors picked Irrational Exuberance as one of their favorite books, and they share why you should read it.

What is this book about?

In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize-winning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008-9 financial crisis. With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets--and…


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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 Capital in the Twenty-First Century

Ron Elsdon Author Of Business Behaving Well: Social Responsibility, from Learning to Doing

From my list on purpose leadership organizations and community.

Why am I passionate about this?

I am passionate about integrating individual, organizational, and community needs to create a better world for the benefit of us all. I am an author and founder of organizations in the career and workforce development fields. My four books (Affiliation in the Workplace, Building Workforce Strength, Business Behaving Well, and How to Build a Nontraditional Career Path) and much of my career explored bringing work to life for those close to us, for ourselves, for our organizations, and for our communities. My social activism has been expressed through community volunteer work and promoting a range of social causes. I hope you enjoy the books I have chosen for you!

Ron's book list on purpose leadership organizations and community

Ron Elsdon Why Ron loves this book

Some books reach me on an emotional level, while with others, it is in their intellectual reach and research rigor. This book is of the latter kind.

I was captivated by the breadth of ideas presented and the depth of research involved. It affirmed for me the dangerous trajectory of growing financial inequality that is unfolding and why that is important. This book is a monumental work.Ā 

By Thomas Piketty , Arthur Goldhammer (translator) ,

Why should I read it?

7 authors picked Capital in the Twenty-First Century as one of their favorite books, and they share why you should read it.

What is this book about?

A New York Times #1 Bestseller
An Amazon #1 Bestseller
A Wall Street Journal #1 Bestseller
A USA Today Bestseller
A Sunday Times Bestseller
A Guardian Best Book of the 21st Century
Winner of the Financial Times and McKinsey Business Book of the Year Award
Winner of the British Academy Medal
Finalist, National Book Critics Circle Award

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…


Book cover of Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change

Robert Isaak Author Of Brave New World Economy: Global Finance Threatens Our Future

From my list on the world economy, finance trends, and options.

Why am I passionate about this?

Since completing my PhD in political economy (dissertation: ā€˜International Integration and Foreign Policy Decision-making’) I have gone deeper into economic origins of change (eg. Modern Inflation, coauthored with well-known economist Wilhelm Hankel in Bologna, Italy at Johns Hopkins SAIS) and find the interactions between economic, politics, and psychology fascinating—presenting an infinite number of ā€˜Sherlock Holmes-like puzzles’. We are all now confronted with political, economic, and psychological uncertainties, put on high speed due to the war in Ukraine and great power tensions. So it is time to learn about the origins of our problems and their trends in order to better cope and find a basis for individual, if not collective, peace.

Robert's book list on the world economy, finance trends, and options

Robert Isaak Why Robert loves this book

I invited Edmund Phelps to speak at Pace University in New York the week before he received the Nobel Prize in Economics.

His thesis, captured in detail in this book, is that state welfare economies in Europe have become too disconnected from the prerequisites for the entrepreneurial economic growth and innovation necessary to create jobs and to pay for the social benefits. Given the huge debt overhang in most of these countries, not to mention developing countries, his controversial thesis then could not be more timely now!

All people need to be motivated to become entrepreneurial in order to provide human health, comfort, and self-actualization for themselves, their families, and fellow citizens. Have you been taught this at school?!!!

By Edmund S. Phelps ,

Why should I read it?

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

What is this book about?

In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but "flourishing"--meaningful work, self-expression, and personal growth for more people than ever before? Phelps makes the case that the wellspring of this flourishing was modern values such as the desire to create, explore, and meet challenges. These values fueled the grassroots dynamism that was necessary for widespread,…


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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 Capitalism, Socialism, and Democracy

Craig R. Roach Author Of Simply Electrifying

From my list on creative destruction leads to economic prosperity and national security.

Why am I passionate about this?

The essential feature of democratic capitalism is creative destruction–put simply, constant innovation in the products and services we produce and how we produce them. My book gives a history of electricity and demonstrates the wide-angle lens we must use to fully understand this sort of innovation. The books I recommend here are among the absolute best in this regard. Importantly, in Cold War II, China is challenging America with state capitalism and creative destruction is at the heart of the battle. I have a Ph.D. in Economics and founded a consulting company that assessed new technologies in the energy sector for over 30 years.

Craig's book list on creative destruction leads to economic prosperity and national security

Craig R. Roach Why Craig loves this book

I love this book, first published in 1942, because it coins the now famous term ā€œCreative Destructionā€ā€“the constant innovation in the economy’s means of production that drives capitalism’s prosperity.

In the process the book gives us an alternative to the too-often-deployed Keynesian policy of deficit spending. And, still, provocatively Schumpeter explains how socialism may undermine capitalism in the long run if we are not careful.

By Joseph A. Schumpeter ,

Why should I read it?

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

What is this book about?

ā€œJoseph Schumpeter’s classicĀ Capitalism, Socialism and DemocracyĀ explains the process of capitalism’s 'creative destruction' — a key principle in understanding the logic of globalization." — Thomas L. Friedman, Foreign Policy

In this definitive third and final edition (1950) of his prophetic masterwork, Joseph A. Schumpeter introduced the world to the concept of ā€œcreative destruction,ā€ which forever altered how global economics is approached and perceived. Now featuring a new introduction by Pulitzer Prize-winning Schumpeter biographer Thomas K. McCraw,Ā Capitalism, Socialism and DemocracyĀ is essential readĀ­ing for anyone who seeks to understand where the world economy is headed.

ā€œIf Keynes was the…


Book cover of The World Economy: History and Prospect

Larry Allen Author Of The ABC-Clio World History Companion to Capitalism

From my list on seeing world history thru the lens of economics.

Why am I passionate about this?

I grew up listening to my grandfathers tell stories about the Great Depression (1930s). My cousins would want me to go out and play, but I wanted to stay indoors and listen to the stories. The Depression proved my grandfathers were not the best cotton farmers, but they were good storytellers, and I ended up an economics professor. Along the way, I ran across a thought from renowned British philosopher Francis Bacon: ā€œHistories make men wise, poets, witty, mathematics, subtle;ā€ Modern economics has gone in for subtlety, and maybe is a little too careless of wisdom. This thought sent me delving deeper into economic history, and I ended up writing five books in economics history. 

Larry's book list on seeing world history thru the lens of economics

Larry Allen Why Larry loves this book

This book treats a rich variety of weighty topics, global in scope. It lays bare the real insights that bubble up when economic history is subpoenaed to the bar of economic thinking. The famous British Disraeli said he only read biographies because biographies were life without theory. It helps to take a break from scholars whose thoughts are pinned down by the most recent theories. To study economics without theory, it is necessary to study economic history. Economic forecasters too often have a bias toward predicting a continuation of existing trends with small adjustments. Rostov’s long sweep of history shows that these forecasts may be overridden by long-term trends. This book contains a lot of meat—a great abundance of instructive explanations, intelligent comments, and practical conclusions.Ā 

By W. W. Rostow ,

Why should I read it?

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

What is this book about?

This monumental study is an account of the world economy from the eighteenth century to the twentieth, an analysis and prescription for the future, and a challenge to the neo-Keynesian theories of income determination and growth. It is based on some forty years of research and teaching.

Originally published in 1978, the volume looks back over the nineteenth and twentieth centuries. It includes an analysis of how the world's population expanded from about 1 billion in 1800 to 4 billion in 1976, with some 6.5 billion in sight for the year 2000; an account of the expansion and distribution of…


Book cover of Superforecasting: The Art and Science of Prediction

Oz Hassan Author Of Why the European Union Failed in Afghanistan

From my list on why the West keeps getting the world wrong.

Why am I passionate about this?

I became an academic because I believe knowledge should serve the world. I'm driven by a commitment to responsibility, realism, and social good, even when it's uncomfortable. This list reflects my frustration with how often Western governments act confidently but without the right philosophies, systems, and knowledge in place. They lack imagination, organisation, and the ability to deal with crises, which populist movements are now exploiting. I've spent years researching failed interventions because I believe we owe it to others to do better. These books helped me understand the world more clearly, but also reminded me of our limitations and how hard it is to grasp the contexts we shape. 

Oz's book list on why the West keeps getting the world wrong

Oz Hassan Why Oz loves this book

I’ve always known that IR theory is terrible at helping us predict anything. This book confirmed that instinct—and then gave me something better.

The book doesn't offer a grand theory of the world; it shows how careful, humble, context-driven thinking beats big ideas almost every time. I loved how it dismantled the myth of expert authority with one brutal line: "Human beings who spend their lives studying the state of the world…are poorer forecasters than dart-throwing monkeys."

It taught me to think in probabilities, to temper my overconfidence, and to focus on the details, not broad generality. In many ways, this has made me a worse ā€œIR scholarā€, but demonstrably much better at predicting events. This book is indispensable if you care about understanding policy outcomes, rather than just sounding clever. It sharpened the way I think about the future.

By Philip E. Tetlock , Dan Gardner ,

Why should I read it?

4 authors picked Superforecasting as one of their favorite books, and they share why you should read it.

What is this book about?

The international bestseller

'A manual for thinking clearly in an uncertain world. Read it.' Daniel Kahneman, author of Thinking, Fast and Slow
_________________________
What if we could improve our ability to predict the future?

Everything we do involves forecasts about how the future will unfold. Whether buying a new house or changing job, designing a new product or getting married, our decisions are governed by implicit predictions of how things are likely to turn out. The problem is, we're not very good at it.

In a landmark, twenty-year study, Wharton professor Philip Tetlock showed that the average expert was only…


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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 Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die

Valliappa Lakshmanan Author Of Data Science on the Google Cloud Platform: Implementing End-To-End Real-Time Data Pipelines: From Ingest to Machine Learning

From my list on if you want to become a data scientist.

Why am I passionate about this?

I started my career as a research scientist building machine learning algorithms for weather forecasting. Twenty years later, I found myself at a precision agriculture startup creating models that provided guidance to farmers on when to plant, what to plant, etc. So, I am part of the movement from academia to industry. Now, at Google Cloud, my team builds cross-industry solutions and I see firsthand what our customers need in their data science teams. This set of books is what I suggest when a CTO asks how to upskill their workforce, or when a graduate student asks me how to break into the industry.

Valliappa's book list on if you want to become a data scientist

Valliappa Lakshmanan Why Valliappa loves this book

As a data scientist in the industry, it is very helpful to understand the business context behind the problems that you are solving. In many cases, you are trying to predict behavior—who is likely to buy an item, who is likely to click on a link, who is likely to repay a loan, etc.

This book by Eric Siegel is a great introduction to predictive analytics as used in real-life. It will help you frame data science problems in standard ways. For example, suppose you are asked to score sales leads so that salespeople can prioritize their efforts. How would you do it? The common way to frame this problem is to predict the customer lifetime value (LTV) of every sales lead. Before you can do prediction, you have to be able to do analysis though.

The way you estimate the LTV is to break the problem into three sub-problems:…

By Eric Siegel ,

Why should I read it?

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

What is this book about?

"Mesmerizing & fascinating..." -The Seattle Post-Intelligencer

"The Freakonomics of big data." -Stein Kretsinger, founding executive of Advertising.com

Award-winning | Used by over 30 universities | Translated into 9 languages

An introduction for everyone. In this rich, fascinating - surprisingly accessible - introduction, leading expert Eric Siegel reveals how predictive analytics (aka machine learning) works, and how it affects everyone every day. Rather than a "how to" for hands-on techies, the book serves lay readers and experts alike by covering new case studies and the latest state-of-the-art techniques.

Prediction is booming. It reinvents industries and runs the world. Companies, governments, law…


Book cover of Fortune Tellers: The Story of America's First Economic Forecasters

David F. Hendry Author Of Forecasting: An Essential Introduction

From my list on getting an insight into forecasting.

Why am I passionate about this?

Accurate and precise forecasting is essential for successful planning and policy from economics to epidemiology. We have been keen to understand why so many forecasts turn out to be highly inaccurate since making dreadful forecasts ourselves, and advising UK government agencies (Treasury, Parliament, Bank of England) during turbulent periods. As simple extrapolation often beats model-based forecasting, we have been developing improved methods that draw on the best aspects of both, and have published more than 60 articles and 6 books attracting more than 6000 citations by other scholars. Our recommended books cover a wide range of forecasting methods—suggesting there is no optimal way to look into the future.

David's book list on getting an insight into forecasting

David F. Hendry Why David loves this book

This is a readable tale of the rise of economic forecasters in the USA during the boom years of the 1920s, and their demise after failing to forecast the `Great Crash of 1929’ and ensuing Great Depression. Roger Babson did forewarn of a crash, but also failed after wrongly repeatedly forecasting an imminent recovery in the early 1930s. It holds many relevant lessons for our turbulent times, emphasizing that the future is always highly uncertain.

By Walter Friedman ,

Why should I read it?

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

What is this book about?

The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they…


Book cover of The Future Is Asian: Commerce, Conflict, and Culture in the 21st Century

Andreas Schneider Author Of Enlightened Mobility: How we can surpass symbolic climate action & make transport carbon-free

From my list on how to make transport and mobility sustainable.

Why am I passionate about this?

I found my passion for sustainable mobility while working on my PhD thesis about electric cars at a time when no one was interested in electric cars. I am fascinated by the disruptive forces in the transportation space. With my long-term work experience in management consulting, corporate, academics, and startups, I’m trying to make a contribution to making transport carbon-free.  

Andreas' book list on how to make transport and mobility sustainable

Andreas Schneider Why Andreas loves this book

This book shows how the future of our planet will be decided in Asia. It teaches us that when we aim to tackle climate change with impactful measures, it is not about America or Europe but about Asia.

With its tremendous size and growth in population, Asia will be the dominant continent in the world and therefore be key to solving the climate crisis.Ā Ā 

By Parag Khanna ,

Why should I read it?

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

What is this book about?

Five billion people, two-thirds of the world's mega-cities, one-third of the global economy, two-thirds of global economic growth, thirty of the Fortune 100, six of the ten largest banks, eight of the ten largest armies, five nuclear powers, massive technological innovation, the newest crop of top-ranked universities. Asia is also the world's most ethnically, linguistically and culturally diverse region of the planet, eluding any remotely meaningful generalization beyond the geographic label itself. Even for Asians, Asia is dizzying to navigate.

Whether you gauge by demography, geography, economy or any other metric, Asia is already the present - and it is…


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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 Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities

David Carli Author Of Forex Fundamental Analysis: Trade Forex Like a Fund Manager

From my list on master currency market analysis.

Why am I passionate about this?

I have been a financial analyst for over 30 years, including two as a fund manager specializing in currencies and commodities with a strong focus on fundamental analysis. These two markets are driven by distinct forces that must be understood to trade profitably and consistently. Ignoring these dynamics leads to pure speculation rather than a solid approach. Over time, I realized how essential it is to move beyond short-term trading and base decisions on solid fundamentals. Through Trading with David (website and YouTube channel), I share my insights and analyses, helping traders develop a deeper understanding of market dynamics and make well-founded trading choices.

David's book list on master currency market analysis

David Carli Why David loves this book

I recommend this bookĀ because it provides a comprehensive and accessible guide to understanding the economic data that moves financial markets. It helps you refine your approach to fundamental analysis by teaching you how to interpret key indicators, such as the three pillars of macroeconomics: GDP, inflation, and employment data, crucial elements in Forex trading.

The author does an excellent job of explaining how these indicators impact currencies and how traders can anticipate market movements based on economic reports.

By Bernard Baumohl ,

Why should I read it?

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

What is this book about?

For years, investors, business strategists, and policymakers worldwide have turned to one book to help them translate the massive flow of economic data into knowledge for intelligent decision-making. The Wall Street Journal called this book "...the real deal," saying it "miraculously breathes life into economic indicators and statistics." That book is Bernie Baumohl's classic best-seller The Secrets of Economic Indicators. Now, in a brand-new Third Edition, Baumohl has thoroughly updated his classic to reflect the latest US and foreign economic indicators, and brand-new insights into what all of today's leading indicators mean. Baumohl introduces dozens of new, forward-looking economic markers,…


Book cover of Irrational Exuberance
Book cover of Capital in the Twenty-First Century
Book cover of Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change

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Interested in China, presidential biography, and Shanghai?

China 682 books
Shanghai 59 books