100 Books Like The Way We Live Now

I never knew that the telegraph started as a series of physical towers conveying coded messages by line of sight from one hill to another. It took years for the word telegraph to refer to the system we know so well, relying on electrical lines, the telegraph key, and Morse code.

I love how Standage finds the through line from this 19th-century communications network to the Internet we all take for granted today.

This novel is sometimes described as the Victorian Pride and Prejudice, and it’s true there are many similarities.

Margaret Hale moves with her parents from rural southern England to a northern manufacturing town and experiences profound culture shock. She spars with John Thornton, the wealthy owner of a cotton mill, whose outlook and opinions are very different from her own.

In time their antagonism gives way to mutual understanding, and finally to love. But North and South isn’t only a love story.

There’s the ongoing conflict between the mill workers and the owners, and Margaret’s discoveries about herself as she begins to find ways to help the downtrodden. Gaskell was a minister’s wife in Manchester and interested in social reforms.

In this novel she explores many issues that are still relevant today. The book delves more deeply into the spiritual lives of the characters than does the BBC mini-series… show more.

I really loved the way this book told the story of London across the Victorian era. I often call London my spiritual home, and books about the city always capture my attention. Each chapter covers a separate topic, such as the Middle Class, Buildings, Amusements, etc., with interesting stories for each one.

I love the book as it is the sort I can pick up if I only have a few minutes to read.

The Victorian era is known for technological and scientific advancements, but it’s also worth noting that religious and spiritual inquiry was a very real part of most Victorians’ lives.

Their convictions often fueled their desire to better themselves and the lives of others, spurring efforts for improvements in living conditions, housing, sanitation, medicine, and education. The life of George Muller is a vivid example of one man’s application of Christian principles in everyday life.

In 1836, Muller opened a small home for orphans in Bristol, England. He never solicited donations or money; he was a man of fervent prayer and believed God would provide.

In time the work grew, along with the buildings, until the orphanage housed over 2,000 children! The children were cared for in modern, purpose-built housing and benefited from Muller’s forward-thinking ideas about education and training.

In 1857, Muller’s work was written about admiringly in Household Words… show more.

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. 

Loving was a business reporter for Fortune magazine, and among his beats was American railroads. Here he tells the compelling story of not just the failed merger between Pennsylvania and the New York Central, but of how in the late 1970s and 80s a group of dedicated railroad executives managed to salvage the rail freight industry. I know it doesn’t sound like a page-turning book, but it is, as Loving has the gift of writing deft profiles, and he describes the steps that lead to the creation of Conrail (itself not a success story) but then the deregulation of the railway freight industry that allowed companies such as the Burlington Northern (later BNSF) and the Union Pacific to thrive, yet again. Too bad they didn’t manage to save parlor cats.

The book features the ideas of some of the most successful investors of all time, including Warren Buffett, Benjamin Graham, and John Bogle. What was it that made these investors so successful, and why are there so few of them?  Money Masters was one of the first in a series of books about the success of some of Wall Street’s greatest investors and it is still relevant today. These books are especially useful in preserving the thinking of great investors after they pass on. The book adds fuel to the fire of the “Efficient Market Theory” which holds that the market is highly efficient and the only way you can beat it is through luck! Try telling that to some of these great investors!

Everyday neighbors acting to fix our own problems is in our founding DNA. Over the last 125 years, another tradition has grown up in our country: the expectation that anyone who makes it really big will subsequently give away lots of wealth to help others prosper.

The archetype for this was John D. Rockefeller, and this is the best narrative of his success—first as a business mogul and then as the most influential philanthropist in history. Rockefeller made many wise gifts that elevated living standards, science, religion, food production, medical research, and more.

The Almanac of American Philanthropy calculates that more than 60 Nobel laureates in medicine, biochemistry, and health had their work accelerated by Rockefeller gifts. 

This is an authorized biography of Warren Buffett. I am not sure this is the best book to read if you want to learn to invest like Mr. Buffett, but it gives a fascinating view of his life. There are many great lessons we can learn from Mr. Buffett that go far beyond investing, for example about honesty and treasuring one’s reputation. But I thought this book was important for a very different reason: it shows that Warren Buffett is not a perfect human being and that we can also learn from the maestro by not repeating his mistakes. He achieved his unparalleled success in his business life at the expense of his personal life.

I find myself wanting to work 24/7. I bring my laptop home, or start reading The Wall Street Journal on my iPad at the dinner table – and my work life starts pushing out my… show more.

While Graham is the pioneer of value investing, there’s no question that his student, employee, and, ultimately, close friend Warren Buffett is its most successful practitioner. Although the essence of their respective approaches is similar, there are some important differences to understand. As the best book about Buffett’s investing style that I’ve encountered thus far, Hagstrom’s The Warren Buffett Way highlights some of Buffett’s most astonishing investment coups and the logic behind them. Upon reading both of those books, the reader will have gained a nuanced understanding of how Buffett took the Graham approach to business valuation/security selection and improved upon it.