Top 20 heterodox economics books

16 Mar, 2018 at 20:52 | Posted in Economics | 3 Comments


  • Karl Marx, Das Kapital (1867)
  • Thorstein Veblen, The Theory of the Leisure Class (1899)
  • Joseph Schumpeter, The Theory of Economic Development (1911)
  • Nikolai Kondratiev, The Major Economic Cycles (1925)
  • Gunnar Myrdal, The Political Element in the Development of Economic Theory (1930)
  • John Maynard Keynes, The General Theory (1936)
  • Karl Polanyi, The Great Transformation (1944)
  • Paul Sweezy, Theory of Capitalist Development (1956)
  • Joan Robinson, Accumulation of Capital (1956)
  • John Kenneth Galbraith, The Affluent Society (1958)
  • Piero Sraffa, Production of Commodities by Means of Commodities (1960)
  • Johan Åkerman, Theory of Industrialism (1961)
  • Axel Leijonhufvud, Keynes and the Classics (1969)
  • Nicholas Georgescu-Roegen, The Entropy Law and the Economic Process (1971)
  • Michal Kalecki, Selected Essays on the Dynamics of the Capitalist Economy (1971)
  • Paul Davidson, Money and the Real World (1972)
  • Hyman Minsky, John Maynard Keynes (1975)
  • Philip Mirowski, More Heat than Light (1989)
  • Tony Lawson, Economics and Reality (1997)
  • Steve Keen, Debunking Economics (2001)


  1. Heterodox economics stopped generating good books 17 years ago? I would add Eric Beinhocker (2006) The Origin of Wealth. That’s still more than 10 years ago. How about a Top-10 list of recent heterodox books or papers?

  2. I would add Erik Reinert: How rich countries got rich, and why poor countries stay poor. Very good – and funny! You can’t say that about the rest.

  3. A really,really good list!!

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