100 Books Like Theories of Underdevelopment

After finishing my secondary education in Athens I got a degree in business administration at the University of Genova. The idea was to return to Greece to work in my father’s business. But I soon realized that I was neither interested in business theory nor going back to Greece to work in my father's organization. I decided to continue my studies in England focusing on the social sciences – first at Leicester University and then at the London School of Economics. After retiring I continued to write books and articles in Greek, English, and French. I have passion for reading and writing. It helps me psychologically as well to survive in a postmodern chaotic world.

After finishing my secondary education in Athens I got a degree in business administration at the University of Genova. The idea was to return to Greece to work in my father’s business. But I soon realized that I was neither interested in business theory nor going back to Greece to work in my father's organization. I decided to continue my studies in England focusing on the social sciences – first at Leicester University and then at the London School of Economics. After retiring I continued to write books and articles in Greek, English, and French. I have passion for reading and writing. It helps me psychologically as well to survive in a postmodern chaotic world.

After finishing my secondary education in Athens I got a degree in business administration at the University of Genova. The idea was to return to Greece to work in my father’s business. But I soon realized that I was neither interested in business theory nor going back to Greece to work in my father's organization. I decided to continue my studies in England focusing on the social sciences – first at Leicester University and then at the London School of Economics. After retiring I continued to write books and articles in Greek, English, and French. I have passion for reading and writing. It helps me psychologically as well to survive in a postmodern chaotic world.

After finishing my secondary education in Athens I got a degree in business administration at the University of Genova. The idea was to return to Greece to work in my father’s business. But I soon realized that I was neither interested in business theory nor going back to Greece to work in my father's organization. I decided to continue my studies in England focusing on the social sciences – first at Leicester University and then at the London School of Economics. After retiring I continued to write books and articles in Greek, English, and French. I have passion for reading and writing. It helps me psychologically as well to survive in a postmodern chaotic world.

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. 

As an author, I write both serious nonfiction and literary fiction. As a journalist, I have lifelong associations with The Atlantic and the Washington Monthly. I didn’t plan it, but four of my nonfiction books make an extended argument for the revival of optimism as intellectually respectable. A Moment on the Earth (1995) argued environmental trends other than greenhouse gases actually are positive, The Progress Paradox (2003) asserted material standards will keep rising but that won’t make people any happier, Sonic Boom (2009), published during the despair of the Great Recession, said the global economy would bounce back and It’s Better Than It Looks (2018) found the situation objectivity good on most major issues.

I was trained in physics and applied mathematics, but my mother—a teacher of literature and history—secured a place for the humanities in my intellectual luggage, and I finally ended up in the social sciences. One of my first encounters with economics was John Nash’s theory of bargaining, illustrating how a wealthy person will gain more from a negotiation than a pauper, thus reinforcing inequality and leading to instability. Decades later, I returned to this problem and found that relatively little had still been done to analyze it. I believe that a combination of mathematical tools and illustrations from history, literature, and philosophy is an appropriate way of approaching the complex of inequality. 

I have been trying to understand India’s evolution especially its economic path for the last half-century— by reading, traveling, and writing on aspects of that evolution. Originally this started with the Cold War concern about how a democracy would navigate using a democratic political system. So I took appropriate courses in college and graduate school, worked in India in the Peace Corps, and then spent a little under a decade teaching about it a doing research. For the following five decades I have continued my interest and publishing and studying. Whether I have understood much is for others to determine but these are my five book nominees.

One of the oldest questions is: why are some countries rich and some countries poor? Adam Smith famously answered that it was the division of labor (specialization) and trade in his book The Wealth of Nations. The more you study trade, however, the more complicated the answer becomes. I have been grappling with this question since the 1990s, as a student, and I still do not have a simple answer like Adam Smith. However, I think I have come up with a framework to understand how the economic history of the world developed and I have been teaching that global history in college as a professor since the 2010s.

I have had the unique experience of having been a successful CEO of a global publicly traded semiconductor company, a founder and CEO of an innovative and valuable startup, and now as a teacher and scholar of entrepreneurship and innovation. I’m a Professor of the Practice at Princeton University where I teach and write about being a successful entrepreneur. My three books on the subject are: Startup Leadership: How Savvy Entrepreneurs Turn Their Ideas Into Successful Enterprises; Building on Bedrock: What Sam Walton, Walt Disney, and Other Great Self-Made Entrepreneurs Can Teach Us About Building Valuable Companies; and THE ENTREPRENEURS: The Relentless Quest for Value.