The rapidly changing global politics, regional alliances, technological and economic development has changed the international affairs among the nation-states. This change is causing the creation of a new bloc among nation-states. More and more challenges are emerging in international relations but the basic international relations approaches will be one way or the other remains the same.

Best Books on Economy

If you want to understand economics better, here is a list of some of the best and most fundamental books about economics — how economies function and the many intricate details and issues within them (and the interactions between them). This wide array of thought, from the classical economists’ portrayal of systems to critical perspectives, helps the reader understand how economies work and how economic choices affect society. From inequality to global trade to behavioural economics, these books will give you the tools to critically examine the world of economics and how it drives your daily life.

1. Basic Economics

Basic Economics by Thomas Sowell Translator is an accessible user guide to the economy, which does not require jargon and complex discourse. Intended for readers with no previous exposure to economics, Sowell breaks down the principles underpinning various economic systems—capitalism, socialism, feudalism, and others—and emphasizes the need to zero in on the incentives guiding economic policies rather than the stated goals of those policies. Sowell’s distinctive style includes recognizable examples and neutral observation, and it’s dense — an impressive outing that makes a lot of economic concepts accessible, from rent controls to international trade. The fifth edition adds a new chapter examining the reasons for global wealth and income disparities.

The author of the book is Thomas Sowell. The book’s publication date is December 2, 2014, and its publisher is Basic Books. It is 704 pages long and available in a few formats.

Length: 704 pages

Formats: Hardcover, Kindle, Audiobook, Audio CD

Latest Version: 5th Edition

Ratings: 4.8 out of 5 stars


2. Chokepoints: American Power in the Age of Economic Warfare

In Chokepoints, Edward Fishman — a former senior U.S. State Department sanctions official — pulls back the curtain on the hidden history of America’s changing foreign policy over two decades, detailing how the U.S. abandoned once-admired tenets of globalization to fight a new kind of economic war. Fishman offers a gripping look at how these unconventional strategies, rooted in work by diplomats, lawyers and financial experts, became pivotal in U.S. efforts to redress national security threats, with sometimes mixed results. Chokepoints addresses the rise of economic warfare as a central tool for confronting adversaries such as Russia, China, and Iran and explores the birth of a new global financial order by a brutal arms race between great powers and a divided world economy.

The author of the book is Edward Fishman. The book’s publication date is February 25, 2025, and its publisher is Portfolio. It is 555 pages long and available in a different format.

Length: 555 pages

Formats: Hardcover, Kindle, Audiobook,

Latest Version: 1st Edition

Ratings: 5 out of 5 stars


3. Confessions of an Economic Hit Man

This New York Times bestselling book reveals the corrupt and destructive economic hit man (EHM) strategy. Countries are manipulated into staggering debt to benefit U.S. interests, landing them in dire situations of income inequality and environmental destruction. Perkins’ response is a transformative one: dump the Death Economy of profits in your pocket and go for a Life Economy of life for our planet and sustainably bringing in economies not dependent on war for profits that span the globe and come back around to them — do it, he demands this of the reader, and put an end to what is nothing less than the rape of the globe and all its peoples.

The author of the book is John Perkins. The book’s publication date is February 28, 2023, and its publisher is Berrett-Koehler Publishers. It has 384 pages and is available in a variety of formats.

Length: 384 pages

Formats: Hardcover, Kindle, Audiobook,

Latest Version: 3rd Edition

Ratings: 4.6 out of 5 stars


4. Applied Economics: Thinking Beyond Stage One

This new book uses economic principles to explore urgent real-world problems — housing, health care, discrimination, national development — in a clear, jargon-free grammar. It looks at the short-term impact of economic policies and their long-term, often unexpected consequences. Also, it offers insights into the putting of global behaviour. The book also examines the dialectical relationship between politics, economics, and international growth dynamics through examples from around the world. It shows how fundamentally similar incentives and limitations can yield similar outcomes in different areas and the convergence of various societies and cultures.

The author of the book is Thomas Sowell. The book’s publication date is December 9, 2008, and its publisher is Basic Books. The book has 352 pages with different available formats.

Length: 352 pages

Formats: Hardcover, Kindle, Audiobook, Audio CD

Latest Version: 2nd Edition

Ratings: 4.8 out of 5 stars


5. Naked Economics: Undressing the Dismal Science

Naked Economics is back with a dynamite new edition that will revolutionize your understanding of this subject and become an engaging, essential read. Now updated for today’s economic challenges, this best-seller explains buzz words, demystifies frequently cited statistics and addresses urgent topics like automation, trade, income inequality and America’s rising debt. Drawing on lessons learnt from the financial crisis—the worst since the Great Depression—this new edition provides a guide to help students and casual readers sift through contemporary economic policy’s maelstrom with greater understanding and confidence.

The authors of the book are Charles J. Wheelan and Burton G. Malkiel. The book’s publication date is January 1, 2019, and its publisher is W. W. Norton & Company. The book comprises 400 pages long.

Length: 400 pages

Formats: Kindle, Paperback

Latest Version: 3rd Edition

Ratings: 4.6 out of 5 stars


6. Misbehaving: The Making of Behavioral Economics

The behaviours have real-world implications — and while economists once pooh-poohed the idea that humans make poor choices, the study of human errors has emerged as one of the leading forces toward better decision-making in our personal, business and government choices. Using what we’ve learned from behavioural economics and psychology, Thaler tells us why, for example, thinking about how people act can revolutionize everything from household spending to the NFL draft, introducing each chapter with colourful examples of how he’s fought conventional wisdom about economic behaviour.

The author of the book is Richard H. Thaler. The book’s publication date is May 11, 2015, and its publisher is W. W. Norton & Company. It has 432 pages and is available in different formats.

Length: 432 pages

Formats: Kindle, Paperback, Audiobook, Hardcover, Audio CD

Latest Version: 1st Edition

Ratings: 4.6 out of 5 stars


7. Capitalism in America: An Economic History of the United States

The authors provide a far-reaching meditation on the U.S. economic development. They focus on the engines of growth, innovation and productivity. The book traces critical moments in history. The authors argue that America’s success is a unique tolerance for creative destruction. Moreover, despite its pain, it is the relentless churn of old ideas, ceding to new ones.

The authors of the book are Alan Greenspan and Adrian Wooldridge. The book’s publication date is October 16, 2018, and its publisher is Penguin Books. It comprises of 496 pages.

Length: 496 pages

Formats: Kindle, Paperback, Audiobook, Hardcover, Audio CD

Latest Version: 1st Edition

Ratings: 4.6 out of 5 stars


8. Good Economics for Hard Times

The economic challenges we face today — immigration, inequality, globalization, technological disruption, stagnating growth, and climate change — are some of the great tests of our times. The struggle affects societies from New Delhi to Washington, DC, in many ways. The means to address these challenges is at hand; what is not is the vision to cross the gulf of distrust and disagreement. In Good Economics for Hard Times, the Nobel Prize-winning MIT economists Abhijit V. Banerjee and Esther Duflo present an argument for smart interventionism and a more humane, respectful society grounded in the latest research. Shuttered and easy to dismiss, this urgent, thought-provoking book begs us to engage as it seeks to lay down a roadmap for navigating this complex set of problems — the real possibility of creating a better world or potentially losing more than we can imagine.

The authors of the book are Abhijit V. Banerjee and Esther Duflo. The book’s publication date is November 12, 2019, and its publisher is Public Affairs. It is 432 pages long.

Length: 432 pages

Formats: Kindle, Paperback, Audiobook, Hardcover, Audio CD

Latest Version: 1st Edition

Ratings: 4.5 out of 5 stars


9. Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

In Doughnut Economics, maverick economist Kate Raworth lays out seven shifts to reimagine our model of economics. Framing this now-iconic “doughnut” image as the key to prosperity, Raworth draws insights from ecology, behavioural science, feminism, and other fields to forge a new lens to approach global development, government policy, and corporate strategy. Doughnut Economics inspires a new generation of economic thinkers to design systems that help us thrive, irrespective of growth.

The author of the book is Kate Raworth. The book’s publication date is February 23, 2017, and its publisher is Chelsea Green Publishing. It is 320 pages long and available in different formats.

Length: 320 pages

Formats: Kindle, Paperback, Audiobook, Hardcover, Spiral Bound

Latest Version: 1st Edition

Ratings: 4.6 out of 5 stars


10. 10 Commandments of Black Economic Power

The purpose of this book is to share with Black people the unique challenge we face as we historically confront and break from centuries of discrimination, exploitation, and the continuing theft of trillions of dollars in Black wealth. It is not a “get rich” book geared toward those trying to make the most of their investment strategies and gold purchase plans, but rather an outline for the bleed of Black dollars, year after year, due to destructive cultural norms and family dynamics. At its core, the black family is a multi-million-dollar entity, and this book will help readers reclaim and create wealth legacies for future generations.

The author of the book is Dr Boyce Watkins. The book’s publication date is October 7, 2022. It is 191 pages long and available in different formats.

Length: 191 pages

Formats: Kindle, Paperback, Audiobook

Latest Version: 1st Edition

Ratings: 4.8 out of 5 stars

These ten books cover various economics, from basic economic concepts to contemporary issues such as inequality, globalization, and climate change, giving readers a broad understanding of why economics matters today. So whether you are a newcomer to the field of economics or a more experienced reader,  you find new ideas, models, and examples which lend to a greater appreciation for our economic systems, policies, and their on-the-ground consequences. These books will guide readers through the complexities of our economy and are perfect for readers seeking to dig deeper into the economic issues of our time.