Here are 92 books that The Smartest Guys in the Room fans have personally recommended if you like
The Smartest Guys in the Room.
Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.
Given the state of the world today, laughter truly is the best coping mechanism. The best satire is all about excess in design, intention, characterization, and deployment of attitude. The more extreme, the better; leave restraint to the prudish moralists!
If American Psycho is too bloody an evocation of hyper-capitalism for your stomach, try this tragically under-appreciated door-stopper of a novel, in which an eleven-year-old becomes a millionaire by playing the stock market. Written almost wholly in unattributed dialogue! As with Pynchon, everything written by Gaddis deserves to be on this list; alas, alas.
A National Book Award-winning satire about the unchecked power of American capitalism, written more than three decades before the 2008 financial crisis.
At the center of J R is J R Vansant, a very average sixth grader from Long Island with torn sneakers, a runny nose, and a juvenile fascination with junk-mail get-rich-quick offers. Responding to one, he sees a small return; soon, he is running a paper empire out of a phone booth in the school hallway. Everyone from the school staff to the municipal government to the squabbling heirs of a player-piano company to the titans of Wall…
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…
Frank Partnoy is the Adrian A. Kragen Professor of Law at UC Berkeley, where he co-runs an annual conference on financial fraud and teaches business law. He has written four trade press books (WAIT, The Match King, Infectious Greed, andF.I.A.S.C.O.), dozens of scholarly publications, and multiple articles each for The Atlantic, The New York Review of Books, Harvard Business Review, and The Wall Street Journal, as well as more than fifty opinion pieces for The New York Timesand the Financial Times. Partnoy has appeared on 60 Minutes and The Daily Show with Jon Stewart, and has testified as an expert before both houses of Congress. He is a member of the Financial Economists Roundtable and has been an international research fellow at Oxford University since 2010.
This is the oldest book on my list, a nineteenth-century compilation of lunacy of all sorts, with a focus on financial lunacy. Mackay aptly compares widespread mass delusions (think Nostradamus, or alchemy) to financial bubbles, including the frenzies surrounding the South Sea Company in England and tulip bulbs in Holland. Some scholars question the historical accuracy of Mackay’s stories, particularly about valuable tulip bulbs being accidentally eaten, but he has the money quote of all time regarding financial scandals: “Men, it has been well said, think in herds. It will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” If you want a more scholarly description of how speculative bubbles form and burst, try Charles P. Kindleberger’s Manias, Panics, and Crashes. But if you want to be shocked and entertained, read Mackay.
Charles MacKay's groundbreaking examination of a staggering variety of popular delusions, crazes and mass follies is presented here in full with no abridgements. The text concentrates on a wide variety of phenomena which had occurred over the centuries prior to this book's publication in 1841. Mackay begins by examining economic bubbles, such as the infamous Tulipomania, wherein Dutch tulips rocketed in value amid claims they could be substituted for actual currency. As we progress further, the scope of the book broadens into several more exotic fields of mass self-deception. Mackay turns his attention to the witch hunts of the 17th…
My father was a stage magician, and I grew up looking for the gimmick behind the marvel. As a journalist, I gravitated toward true crime and the many varieties of fraud, deception, and misdirection on display in any high-stakes criminal trial. I am particularly fascinated by elaborate cons, whether they involve sideshow mitt readers, political hucksters, or cryptocurrency barons. When I found out that a century ago my hometown was the center of a Big Con operation that raked in millions, I had to learn more. The result is my book Gangbuster.
Out of all the investigative reporting that emerged from the 2008 financial meltdown, Henriques’ account of the scheme that out-Ponzied Ponzi is the book that stays with me.
The Madoff story is about brazen lies and insatiable greed, to be sure, but Henriques’ approach is nuanced, thorough, yet accessible, showing the complacency (one might say complicity) of investors and regulators, dazzled or cowed by Madoff’s magic.
How do you pull off a $65 billion scam? With a lot of help.
Who is Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history? In "The Wizard of Lies", Diana B. Henriques of "The New York Times" - who has led the paper's coverage of the Madoff scandal since the day the story broke - has written the definitive book on the man and his scheme, drawing on unprecedented access and more than one hundred interviews with people at all levels and on all sides of the crime, including Madoff's first interviews for publication since his arrest. Henriques also provides vivid details from the various lawsuits, government investigations,…
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…
Frank Partnoy is the Adrian A. Kragen Professor of Law at UC Berkeley, where he co-runs an annual conference on financial fraud and teaches business law. He has written four trade press books (WAIT, The Match King, Infectious Greed, andF.I.A.S.C.O.), dozens of scholarly publications, and multiple articles each for The Atlantic, The New York Review of Books, Harvard Business Review, and The Wall Street Journal, as well as more than fifty opinion pieces for The New York Timesand the Financial Times. Partnoy has appeared on 60 Minutes and The Daily Show with Jon Stewart, and has testified as an expert before both houses of Congress. He is a member of the Financial Economists Roundtable and has been an international research fellow at Oxford University since 2010.
There should be at least one book about the 1920s on this list, and this one deserves mention because it elegantly brings to life several of the most interesting characters from that era. There are some dubious ones, such as Jesse Livermore, the “Boy Plunger” who operated bucket shops, shady financial firms that manipulated stocks with fake news. And there are more legitimate leaders of the era: Pierpont Morgan’s son, Jack, and his brainier partner, Tom Lamont, and the power brokers of Kuhn Loeb. Brooks vividly skewers all of them. He misspelled “Golkonda,” but the essence of his story nails the excesses of the era, and is an apt reminder of how much wealth and economic inequality can result from the Federal Reserve going wild with loose monetary policy.
Once in Golconda "In this book, John Brooks-who was one of the most elegant of all business writers-perfectly catches the flavor of one of history's best-known financial dramas: the 1929 crash and its aftershocks. It's packed with parallels and parables for the modern reader."
Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era's most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria…
I am drawn to stories that grip, teach, and hold power to account. Some of my favorite writers have the ability to do all of it in one go–Lawrence Wright, David Grann, Dan Fagin, etc. I just try to write stories I want to read. So, when I started looking into a pharmacist who made drugs in a dirty lab outside Boston and who shipped his fungus-plagued vials throughout the U.S., I saw an opportunity. As an investigative journalist, I seek stories that shine light on dark corners of government and industry, as well as those that have the chance to better things while entertaining and educating the reader.
This is a great blow-by-blow primer on how the best investigative journalism is done. As a journalist, I admired the bravery of the author taking on the powerful people who propped up Theranos and its wunderkind founder, Elizabeth Holmes.
It reminds me of why I love the work I do, which is often leads to dead ends because someone doesn’t want you to know the truth. Books like Bad Blood show that it’s important to have investigative journalists who don’t give up the fight and end up saving lives by exposing fraud.
The shocking true story behind The Dropout, starring the Emmy award-winning Amanda Seyfried, Naveen Andrews and Stephen Fry.
'I couldn't put down this thriller . . . a book so compelling that I couldn't turn away' - Bill Gates
Winner of the Financial Times/McKinsey Business Book of the Year Award 2018
The full inside story of the breathtaking rise and shocking collapse of Theranos, the multibillion-dollar biotech startup founded by Elizabeth Holmes, by the prize-winning journalist who first broke the story and pursued it to the end, despite pressure from its charismatic CEO and threats by her lawyers.
As a historian of science and medicine, I’m fascinated by the many ways that drugs—from tea to opiates, Prozac to psychedelics—have shaped our world. After all, there are few adults on the planet today who don’t regularly consume substances that have been classified as a drug at one time or another (I’m looking at you, coffee and tea!). The books I’ve selected here have deeply influenced my own thinking on the history of drugs over the past decade, from my first book, The Age of Intoxication, to my new book on the history of psychedelic science.
In this tour-de-force work of investigative journalism, New Yorker staff writer Patrick Radden Keefe traces the sordid history of the Sackler dynasty, the billionaire family behind Purdue Pharmaceuticals and its blockbuster narcotic painkiller OxyContin.
With both narrative verve and moral urgency—a combination that isn’t always easy to pull off—this book exposes one of the many points of origin for America’s devastating opioid epidemic. Keefe’s work has reinforced my conviction that drug historians have an important role to play in shaping public understanding and policy debates around these substances in the present. I found this book to be a page-turner and one of the most thoughtful books I’ve read in years.
NEW YORK TIMES BESTSELLER • A NEW YORK TIMES NOTABLE BOOK OF THE YEAR • A grand, devastating portrait of three generations of the Sackler family, famed for their philanthropy, whose fortune was built by Valium and whose reputation was destroyed by OxyContin. From the prize-winning and bestselling author of Say Nothing.
"A real-life version of the HBO series Succession with a lethal sting in its tail…a masterful work of narrative reportage.” – Laura Miller, Slate
The history of the Sackler dynasty is rife with drama—baroque personal lives; bitter disputes over estates; fistfights in boardrooms; glittering art collections; Machiavellian courtroom…
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…
I teach the law and enforcement of corporate crime as a law professor. At the outset of the course, I tell the students that corporate crime is a problem, not a body of law. You have to start by thinking about the problem. How do these things occur? What is the psychology, both individual and institutional? What are the economic incentives at each level and with each player? What role do lawyers play? When do regulatory arrangements cause rather than prevent this kind of thing? If the locution were not too awkward, I might call the field “scandalology.” I love every one of these books because they do such a great job of telling the human stories through which we can ask the most interesting and important questions about how corporate crimes happen.
There is a partial myth, eagerly promoted by corporate interests and their lawyers, that federal prosecutors are frighteningly all-powerful and basically cannot be defeated. The veteran financial and legal reporter Eichenwald knows otherwise. The Informant, in contrast to the almost farcical (if enjoyable!) Stephen Soderbergh movie based on the book, lays out a textbook case of how prosecutors can blow an important case due to infighting, problems with unreliable informants, and clever high-priced defense lawyering that exploits every error that less-than-superb prosecutors might make. Here we have a tale of CEO-level officials at major global corporations caught on videotape flagrantly conspiring to violate antitrust laws and, in the end, almost no one ends up in prison. Eichenwald details the countless blunders by many Justice Department lawyers spread across several offices, and the clever maneuvering throughout by crack corporate defenders. He too, by the way, paints a fascinating portrait of…
The Informant is Mark Whitacre, a senior executive with America's most powerful food giant, who put his career and his family's safety at risk to become a confidential government witness. Using Whitacre's secret recordings and a team of agents, the FBI uncovered the corporation's scheme to steal millions of dollars from its own customers. But as the FBI closed in on their target, they suddenly realized that Whitacre wasn't quite playing the game they'd thought ...This is the gripping account of how a corporate golden boy became an FBI mole and went on to double-cross both the authorities and his…
I teach the law and enforcement of corporate crime as a law professor. At the outset of the course, I tell the students that corporate crime is a problem, not a body of law. You have to start by thinking about the problem. How do these things occur? What is the psychology, both individual and institutional? What are the economic incentives at each level and with each player? What role do lawyers play? When do regulatory arrangements cause rather than prevent this kind of thing? If the locution were not too awkward, I might call the field “scandalology.” I love every one of these books because they do such a great job of telling the human stories through which we can ask the most interesting and important questions about how corporate crimes happen.
Partnoy, a distinguished law professor at Berkeley, is a brilliant chronicler of the people and products in modern financial markets. One could read any of his books and say they were among the best ones on the market and corporate chicanery. But I love his first book, in which he tells the tale of his brief time trading derivatives—back in the very early days of those now world-famous products—among the unsavory characters of a Wall Street trading floor. The story has been told by others since (Wolf of Wall Street,Big Short, etc.) but Partnoy may have done it first. And seeing that world through his young, brilliant, and impressionistic eyes is wonderful. His firm tried to block him from publishing the book, but he did it and has gone on to a magnificent academic career in which he continues to tell it like it is, understanding the…
FIASCO is the shocking story of one man's education in the jungles of Wall Street. As a young derivatives salesman at Morgan Stanley, Frank Partnoy learned to buy and sell billions of dollars worth of securities that were so complex many traders themselves didn't understand them. In his behind-the-scenes look at the trading floor and the offices of one of the world's top investment firms, Partnoy recounts the macho attitudes and fiercely competitive ploys of his office mates. And he takes us to the annual drunken skeet-shooting competition, FIASCO, where he and his colleagues sharpen the killer instincts they are…
I am an astronomer and educator (Ph.D. Astrophysics, University of Colorado), and I’ve now been teaching about global warming for more than 40 years (in courses on astronomy, astrobiology, and mathematics). While it’s frustrating to see how little progress we’ve made in combatting the ongoing warming during this time, my background as an astronomer gives me a “cosmic perspective” that reminds me that decades are not really so long, and that we still have time to act and to build a “post-global warming future.” I hope my work can help inspire all of us to act while we still can for the benefit of all.
I learned a lot from this book about the development of energy sources over the centuries, and how this history both leads to our current predicament with climate change and offers a path to solutions.
This history also points out that this is not the first time that we’ve needed to transition from one energy economy to another, and our past successes show that we can be successful again. I also enjoyed the descriptions of potential future solutions, including the book’s excellent discussion of nuclear energy.
A "meticulously researched" (The New York Times Book Review) examination of energy transitions over time and an exploration of the current challenges presented by global warming, a surging world population, and renewable energy-from Pulitzer Prize- and National Book Award-winning author Richard Rhodes.
People have lived and died, businesses have prospered and failed, and nations have risen to world power and declined, all over energy challenges. Through an unforgettable cast of characters, Pulitzer Prize-winning author Richard Rhodes explains how wood gave way to coal and coal made room for oil, as we now turn to natural gas, nuclear power, and renewable…
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…
I am a historian by training and have spent my career of nearly forty years studying human violence, and economic change and development. This has brought me to many dark places, to the human capacity to destroy. But all this work has also brought me to the study of those who resisted, all the people who envisioned different ways of being in the world, different futures. I have written many books on these topics. My latest, The Killing Age, is in many respects the summation of work I have been doing since the early 1980s.
I love this book because it is so impassioned and is such a call-to-action.
Like so many of us, I am better at complaining and criticizing than doing. I like the way Malm looks us squarely in the face and asks us: “Well, what are you going to do about climate change?”
The science on climate change has been clear for a very long time now. Yet despite decades of appeals, mass street protests, petition campaigns, and peaceful demonstrations, we are still facing a booming fossil fuel industry, rising seas, rising emission levels, and a rising temperature. With the stakes so high, why haven't we moved beyond peaceful protest?
In this lyrical manifesto, noted climate scholar (and saboteur of SUV tires and coal mines) Andreas Malm makes an impassioned call for the climate movement to escalate its tactics in the face of ecological collapse. We need, he argues, to force fossil fuel…
