 | Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein
Buy new: $13.57 / Used from: $4.49 The must, must-read for those with capital at risk. Pisano to Thaler by way of Daniel Bernoulli's disutility.
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 | All About...the Foreign Exchange Market in the United States by Sam Y. Cross
Buy new: $29.95 / Used from: $24.00 The primer on Foreign Exchange. Foundation reading for those Loonie-Swissie deprived. Also in .pdf at the NY Fed site, but get the physical copy and beat it to death. Then, read Michael Rosenberg. http://www.ny.frb.org/education/addpub/usfxm/
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 | The Commanding Heights : The Battle for the World Economy by Daniel Yergin
Buy new: $11.87 / Used from: $1.00 The single required read to understand how Western capitalism became what it is. Atlee to Thatcher to Fraga.
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 | Deflation: Why it's coming, whether it's good or bad, and how it will affect your investments, business, and personal affairs by A. Gary Shilling
Buy used from: $0.33 Paragraph, chart, paragraph, chart. Clarity on down...and up price change.
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 | The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics by William R. Easterly
Buy new: $15.06 / Used from: $7.99 Sobering. Will crush myths and build understanding of 3rd, 2nd, and 1st world economics.
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 | The End of Poverty: Economic Possibilities for Our Time by Jeffrey D. Sachs
Buy used from: $3.26 Controversial: Neo-Cons will confront, consider and re-read Easterly. Those Left will memorize.
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 | The Exchange Rate in a Behavioral Finance Framework by Paul De Grauwe
Buy new: $53.08 / Used from: $31.99 Lucio Sarno says it best: There is no other book of this kind. Heavy rigorous lifting that suggests extrapolation and technical analysis win. For the mathphilic seeking internal consistency and elegance.
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 | Fifty Major Economists: A Reference Guide (Key Concepts) by Steven Pressman
Buy used from: $8.33 Should be attached to every Econ. 101 text. The 50 bibliographies are priceless. 50 stars.
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 | Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets by Nassim Nicholas Taleb
Buy used from: $5.19 Deceptive. Short, twisted, and accessible must-read on risk. Certain to increase your respect for uncertainty.
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 | The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb
Buy new: $17.63 / Used from: $8.88 Forget terrorism; focus on diabetes. Not Fooled by Randomness II, but rather an extended, more thoughtful Taleb. Popper, Hayek, Kahneman and Taleb take on the dreaded Bell Curve. Should be force-fed to the VAR set.
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 | France and the French: A Modern History by Rod Kedward
Buy new: $35.00 / Used from: $0.74 The must-read one volume. Kedward delivers France, the french, and answers to american misunderstanding. Have we faced, has there been an american Verdun?
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 | Hayek on Liberty: 3rd Edition by John Gray
Buy new: $47.43 / Used from: $37.50 A dense 187 pages and each page rewarding. Hayek loved it. Pro- and Con-Hayek adore its must-read synthesis.
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 | A History of the Federal Reserve, Volume 1: 1913-1951 by Allan H. Meltzer
Buy new: $25.20 / Used from: $20.20 Dig deeper. A (The?) leading political economist provides perspective with help from the Chairman.
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 | Iceberg Risk: An Adventure in Portfolio Theory by Kent Osband
Buy new: $63.41 / Used from: $43.65 ``Jack!...Jack!,'' Osband sinks the Titantic but doesn't drown us with partition equations. The intuition of the quant. set for we mere mortals. Brilliant.
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 | Inside the Economist's Mind: Conversations with Eminent Economists
Buy new: $20.75 / Used from: $10.95 Rules are meant to be broken. Samuelson & Barnett goes on the list without a complete read. Sixteen stunning interviews; the candor shocking. But then, this is Samuelson. Taylor interviews Friedman; Blanchard interviews Fischer. You get the must-read picture.
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 | Inside the Yield Book: The Classic That Created the Science of Bond Analysis, New Edition by Sidney Homer
Buy new: $26.37 / Used from: $20.99 The first-principle required read of the fixed-income professional and amateur.
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 | Is the US Trade Deficit Sustainable? by Catherine Mann
Buy new: $20.00 / Used from: $3.00 A must-read in September 1999; more so today. Is the United States Special? Mann answers in 174 classic pages.
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 | John Kenneth Galbraith: His Life, His Politics, His Economics by Richard Parker
Buy used from: $0.71 JKG and 20th-century political economics. So much more than a biography. Parker's tour de force for both JKG friend and foe.
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 | Macroeconomics (5th Edition) by Olivier Blanchard
Buy new: $125.03 / Used from: $88.99 The Begg, Dornbusch/Fischer/Starz, Baumol/Blinder...they and many others are great. This is the clearest door-stop for the macro-deficient. The appendix on simple macro-math is worth the price alone...even if the good professor takes a shot at the bow-tied media on page 94.
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 | The Search for Modern China by Jonathan D. Spence
Buy new: $19.77 / Used from: $1.90 The must-read one volume on China. Political economics for the 109-hour, 3,075-mile train ride from Jilin to Urumqi
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 | A Term at the Fed: An Insider's View by Laurence H. Meyer
Buy new: $23.04 / Used from: $1.82 ``Alan, I Hardly Knew You'': short, sharp, required reading. Dr. Meyer delivers an instant classic.
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 | Understanding the Process of Economic Change (Princeton Economic History of the Western World) by Douglass C. North
Buy new: $35.01 / Used from: $17.64 A Nobel laureate's legacy. Ambiguity and belief meet our best intentions. Schumpeter would be proud. 175 pages that construct new thinking.
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![The Worldly Philosophers: The Lives, Times And Ideas Of The Great Economic Thinkers [7th Edition]](http://ecx.images-amazon.com/images/I/51PRA8M2BFL._SL75_.jpg) | The Worldly Philosophers: The Lives, Times And Ideas Of The Great Economic Thinkers [7th Edition] by Robert L. Heilbroner
Buy new: $12.53 / Used from: $4.50 Don't take my word. ``If there is only one book to read in economics.'' Peter L. Bernstein.
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