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Essential Books

  • “Capital” (K. Marx)
  • “Labor and Capital Monopoly” (H. Braverman)
  • “Persistent Inequalities” (H. Botwinick)
  • “The Wealth of Nations” (A. Smith)
  • “Guns, Germs and Steel” (J. Diamond)
  • “Capitalism, Socialism and Democracy” (J. Schumpeter)
  • “Stabilizing an Unstable Economy” (H. Minsky)

Books on Asian Development

  • “Asia’s New Little Dragons. The Dynamic Emergence of Indonesia, Thailand, and Malaysia” (S.Schlossstein)
  • “Asian Drama” (G. Myrdal)
  • “Current Issues in Economic Development: An Asian Perspective” (ed. by M.G. Quibria and J.M. Dowling)
  • “Critical Issues in Asian Development. Theories, Experiences and Policies” (ed. by M.G. Quibria)
  • “Asia Pacific. Its Role in the New World” (M.S. Dobbs-Higginson)
  • “East Asia. From Chinese Predominance to the Rise of the Pacific Rim” (A. Cotterell)
  • A History of South-East Asia” (D.G.E. Hill)
  • “Innovation in East Asia” (M. Hobday)

Books on Development

  • “On the Nature of Mass Poverty” (John Kenneth Galbraith)
  • “Inside the Third World” (Paul Harrison)
  • “Growth and Development” (A.P. Thirlwall)
  • “Analytical Development Economics” (K. Basu)
  • “Theory of Economic Growth” (W.A. Lewis)
  • “Development as Freedom” (A. Sen)
  • “Las Venas Abiertas de America Latina” (E. Galeano)

Books on Globalization

  • “The Power of Productivity” (William W. Lewis)
  • “The Misfortunes of Prosperity” (D. Cohen)
  • “The Wealth of the World and the Poverty of Nations” (D. Cohen)
  • “False Dawn” (J. Gray)
  • “Paradoxes of Prosperity. Why New Capitalism Benefits All” (D. Coyle)
  • “Globalization and Its Discontents” (J.E. Stiglitz)
  • “The Elusive Quest for Growth. Economists’ Adventures nad Misadventures in the Tropics” (W. Easterly)
  • “Pop Internationalism” (P. Krugman)
  • “IMPERIALISM: From the Colonial Age to the Present” (H. Magdoff)
  • “The Accumulationof Capital” (Rosa Luxemburg)
  • “The Rich Get Richer” (Denny Braun)

Books on Growth

  • “Economic Growth and the Balance-of-Payments Constraint” (J.S.L. McCombie and A.P. Thirlwall)
  • “Growth and Income Distribution” (L.L. Pasinetti)
  • “A New View of Economic Growth” (M. Scott)

Books on Macroeconomics

  • “Foundations of International Economics. A Post Keynesian Perspective” (ed. By J. Deprez and J.T. Harvey)
  • “Foundations of Post-Keynesian Economic Analysis” (M. Lavoie)
  • “The Post-Keynesian Approach to Economics” (P. Arestis)
  • “A Modern Guide to Macroeconomics” (ed. by B. Snowdon. H. Vane and P. Wynarczyk)
  • “Aggregation” (F.M. Fisher)
  • “Some Cambridge Controversies in the Theory of Capital” (G. Harcourt)
  • “The General Theory of Employment, Interest and Money” (J.M. Keynes)
  • “Theories of Value and Dsitribution since Adam Smith” (M. Dobb)
  • “MARX AND KEYNES. The Limits of the Mixed Economy” (P. Mattick)

Books on Methodology

These books are a MUST for any economist:

  • “The Methodology of Economics. Or how economists explain” (M. Blaug)
  • “The Principles of Economics. Some lies my teachers told me” (L.A. Boland)
  • “Non-Natural Science: Reflecting on the Enterprise of ‘More Heat than Light’ ” (ed. N. de Marchi).
  • “History of Economic Thought” (E.K. Hunt)

Books on the Spanish Economy

  • “Growth and Stagnation of the Spanish Economy” (M. Roman)
  • “Heterodox Views of Finance and Cycles in the Spanish Economy” (M. Roman

Books on Time-Series Econometrics


  • “New Directions in Econometric Practice” (W.W. Charemza and D.F. Deadman)
  • “Introductory Econometrics: Theory and Applications” (R.L. Thomas)


  • “Long-Run Relationships. Readings in Cointegration” (ed. By R.F. Engle and C.W.J. Granger)
  • “Modelling Economic Series” (ed. By C.W.J. Granger)
  • “Testing Exogeneity” (ed. By N. Ericsson and J.S. Irons)
  • “Dynamic Econometrics” (D. Hendry)
  • “Co-Integration, Error-Correction, and the Econometric Analysis of Non-Stationary Data” (A. Banerjee, J. Dolado, J.W. Galbraith, D. Hendry)


  • “Econometrics –alchemy or science?” (D. Hendry, 1980, Economica, 47: 387-406)
  • “Exogeneity” (R. Engle, D. Hendry, J.F. Richard, 1983, Econometrica, 51: 277-304)
  • “The O-Ring Theory of Economic Development” (M. Kremer, 1993, The Quarterly Journal of Economics, 108: 551-575.
  • “The Existence of Aggregate Production Functions” (F.M. Fisher, 1969, Econometrica, 37: 553-577
  • “On Parsimonious Explanations of Production Relations” (H. Simon, 1979, Scandinavian Journal of Economics, 81: 459-474.)
  • “Laws of Production and laws of algebra: humbug II” (A. Shaikh. In Nell, E.J. (ed.), Growth, Profits and Property, Essays in the Revival of Political Economy, pp.80-95. Cambridge: Cambridge University Press)
  • “Rate of Profit and Income Distribution in relation to the Rate of Economic Growth” (L.L. Pasinetti, 1962, “The Review of Economic Studies”, vol. XXIX, No.4 (October): 267-279)


  • “War and Peace” (L. Tolstoy)
  • “Anna Karenina” (L. Tolstoy)