Books like Understanding and Responding to Economic Abuse — picked by fans

I could easily have chosen The Power Elite, White Collar, or The Causes of World War Three; in fact, this list could have been composed of just books by Mills. Mills came along when the dominant theoretical outlook was a kind of conservative “functionalism” led by a now somewhat neglected Harvard sociologist named Talcott Parsons and his “grand theories” that could explain “everything."

These have fallen by the wayside and been replaced by Robert Merton's “theories of the middle range” and micro-theories. More powerfully, grand theory and functionalism were replaced by conflict theory; that is, we learn more about a society from its conflicts than from its harmony. But in truth, one needs both perspectives to understand society.

Viviana Zelizer opened the world of money and relationships for me. I read her when I was doing my doctoral thesis on money, banking, and Anglo-Celtic consumers in Australia. 

Her basic tenet is that money is a social phenomenon. Money shapes and is shaped by social relationships and cultural values. Viviana’s work helped transform my thesis about banking to that of money and marriage.

It was my first step to becoming a sociologist of money and discovering how researching money opens the whole field of human relationships. 

Jan Pahl’s work opened the ‘black box’ of the household for me, to examine how men and women in intimate relationships managed and controlled their money across cultures.

She set up a typology of separate, joint, and independent money management and control that became my starting point for researching money and families also cultures. Her work also started me thinking of the gender of money, that is how men and women use, think, and own money differently, particularly when spending on children and the home.  

Evan Stark’s book introduced me to the concept of ‘coercive control’.

It is a continued and malevolent pattern of domination and entrapment that makes family violence a human rights crime. He also noted that the perpetrator, often a man, uses gendered stereotypes to control the woman, to convince her that it is she who is at fault.

Evan Stark’s insights helped me connect the gendered cultural practices of money with family violence. When these cultural ways of dealing with money were used for entrapment and abuse, money as a medium of care became a medium of coercive control.

This book is perhaps one of the best-kept secrets in economics, overshadowed by Keynes’ more path-breaking General Theory, but oozing with wisdom on every page. Here Keynes transcends the bounds of economics. In his words: “It is one of the objects of this book to urge that the best way to cure this mortal disease of individualism is to provide there shall never exist any confident expectation either that prices are generally going to fall or that they are going to rise; and also that there shall be no serious risk that a movement, if it does occur, will be a big one.” Of course, inflation is the subject here. Its writing style alone elevates it above the commonplace. In this book, the reader finds the balance of practical judgment found in the best economists. 

Egnal shows that the causes of the war were indeed complex and multifaceted rather than resting on a single simplistic issue. His is a thorough treatment of the many economic factors involved in the war that resulted.

This thin volume is subtitled 101 Lessons You Can Use Everyday and is jam-packed with simple-to-understand explanations about how economics can help you make better personal choices while also providing an understanding of the way the world works – or doesn’t work. 

Madariaga takes on important economics decisions like choosing a college or a career or getting married. He also tackles pervasive myths such as “economics is all about money” and “monopolies can charge any price they want and are always bad.” 

The most fun in this book are the thirty entries on economic riddles and mysteries, where Madariaga addresses topics ranging from why students get discount movie tickets to the intriguing question of why he voluntarily cut his salary in half to change careers. 

Moneyless Society, conceptually, is a curious read. Tracking how money affects us all and its presence as a centralized decay against society is another curious concept. I enjoyed reading Moneyless Society for the context of why change needs to be made. Surrounded by the author’s intent in publication is a group of individuals committed to making change. I may quote in my own volumes that money is necessary as a tool but that does not mean you can’t argue otherwise. Moneyless Society is a great feel-good economic story through history into potential change.

Raworth articulates something I'd felt but couldn't express: that our current economic models are fundamentally flawed, simultaneously transgressing planetary boundaries whilst leaving billions below social foundations.

Her doughnut framework—depicting the safe and just space between social foundations and ecological ceilings—clarifies the "why of work.”

I love how she challenges conventional economic thinking with such clarity and wit. When she explains why GDP growth can't be our goal, or why economies are embedded within society and nature (not the other way around), it feels both radical and obvious.

As a member organization of the Doughnut Economics Action Lab, I've seen how this framework helps businesses understand their purpose beyond profit.

This book provides the destination; my work explores the organizational navigation, the concrete patterns and structures that enable businesses to actually operate in that safe and just space.

The title of this book unambiguously states its purpose. What, above all, impressed me was how Paganelli, an academic economist, fulfilled this purpose so splendidly. The Wealth of Nations is one of the great books in the history of economics, but it is a large and somewhat intimidating volume, which has meant it has usually been cited without ever being read.

This book systematically and carefully explains the book chapter by chapter but never misses ‘the wood for the trees’. While ideal for students, with guides for future reading, for anyone who just wants to discover what this great book says beyond headline summaries, and why it is important, this is the text to read.