Jack and Todd will soon have the definitive list of the best business books of all time published, but, in the meantime, here is what The Independent's Sean O'Grady has to say on the matter. He chooses from both "timeless classics [and] the latest crop of credit crunch chronicles. " It's an interesting list because it's from a newspaper that leans to the left side of the British political spectrum, providing a perspective from the side of the aisle that doesn't speak up on business books as often.
The choices dealing specifically with the current crisis are:
The Great Crash by J.K Galbraith, Mariner Books Capitalism Unleashed: Finance, Globalization, and Welfare by Andrew Glyn, Oxford University Press What Management Is: How It Works and Why It's Everyone's Business by Joan Magretta with Nan Stone, Free Press Competitive Advantage: Creating and Sustaining Superior Performance by Michael E Porter, Free Press When Markets Collide: Investment Strategies for the Age of Global Economic Change by Mohamed El-Erian, McGraw-Hill Reminiscences of a Stock Operator by Edwin Lefevre, John Wiley & Sons Liar's Poker: Rising Through the Wreckage on Wall Street by Michael Lewis, Penguin Books Hotel Babylon by Anonymous & Imogen Edwards-Jones, Blue Hen Books The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb, Random House End of the Road: The True Story of the Downfall of Rover by Chris Brady & Andrew Lorenz, FT Press
To read the explanation behind the choices and descriptions of the books, head over to The Independent for the original article.
The Crunch: Uncovering the Truth Behind the Great Credit Scandal by Alex Brummer, Random House Business Books The Gods That Failed: How Blind Faith in Markets Has Cost Us Our Future by Larry Elliott & Dan Atkinson, Nation Books (being released in the States next month) The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means by George Soros, PublicAffairs The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It by Robert Shiller, Princeton University Press The Credit Crunch: Housing Bubbles, Globalisation and the Worldwide Economic Crisis by Graham Turner, Pluto Press The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash by Charles R Morris, PublicAffairs The Age of Turbulence: Adventures in a New World, by Alan Greenspan, Penguin Books Who Runs Britain? and Who's to Blame for the Economic Mess We're In by Robert Peston (Not available in the States) The Ascent of Money: A Financial History of the World by Niall Ferguson, Penguin Press