economics markets and philosophy
Explore the intersection of economics, markets, and philosophy with this curated reading list, featuring foundational works like Hayek's *The Road to Serfdom* and insights from *The Intelligent Investor* and *When Genius Failed*.
Book
The Open Society and Its Enemies: The spell of Plato
by Karl Raimund Popper
Popper was born in 1902 to a Viennese family of Jewish origin. He taught in Austria until 1937, when he emigrated to New Zealand in anticipation of the Nazi annexation of Austria the following year, and he settled in England in 1949. Before the annexation, Popper had written mainly about the philosophy of science, but from 1938 until the end of the Second World War he focused his energies on political philosophy, seeking to diagnose the intellectual origins of German and Soviet totalitarianism. The Open Society and Its Enemies was the result. In the book, Popper condemned Plato, Marx, and Hegel as "holists" and "historicists"--a holist, according to Popper, believes that individuals are formed entirely by their social groups; historicists believe that social groups evolve according to internal principles that it is the intellectual's task to uncover. Popper, by contrast, held that social affairs are unpredictable, and argued vehemently against social engineering. He also sought to shift the focus of political philosophy away from questions about who ought to rule toward questions about how to minimize the damage done by the powerful. The book was an immediate sensation, and--though it has long been criticized for its portrayals of Plato, Marx, and Hegel--it has remained a landmark on the left and right alike for its defense of freedom and the spirit of critical inquiry.
Book
Bell Curve
by Richard J. Herrnstein
The controversial book linking intelligence to class and race in modern society, and what public policy can do to mitigate socioeconomic differences in IQ, birth rate, crime, fertility, welfare, and poverty.
Book
Hyperspace
by Michio Kaku
From the renowned theoretical physicist and national bestselling author of The God Equation comes the first book-length exploration of the most exciting development in modern physics: the theory of 10-dimensional space. "Among the best of its genre to appear in recent years...What a wonderful adventure it is, trying to think the unthinkable!" —The New York Times Book Review The theory of hyperspace, which Michio Kaku pioneered, may be the leading candidate for the Theory of Everything that Einstein spent the remaining years of his life searching for.
Book
The Road to Serfdom
by Friedrich August Hayek
Examines the relationship between individual liberty and government authority, and argues that granting government control of the economy leads to disaster