Whether you are after memoirs or analysis, here are the most compelling business books to pick up this summer.
1873 by Liaquat Ahamed
A “lively and compelling” account of how America’s Gilded Age economy broke the world, says The New York Times. Action sweeps from America’s railroad barons to Vienna’s stock market crash. Ahamed tackles “one of the great forgotten financial crises”, combining the nuances of high finance with some excellent vignettes, says Robin Wigglesworth in the Financial Times. The cast of characters, says The Wall Street Journal, ranges from the Rothschild clan to a “still-obscure” Karl Marx.
Super Nintendo by Keza MacDonald
How did a 19th-century Japanese playing-card manufacturer become one of the most influential companies in the entertainment world, asks Stephen Bush in the FT. This “engaging” history of the home of Mario, Zelda and Pokémon, by The Guardian’s video games editor, is a delight whether you’re a gamer or not.
Suing the Kremlin by Martin Sixsmith
“If you want to see Vladimir Putin’s soul, study the fate of Yukos,” says The Economist. An early indicator of his “authoritarian turn” was the “seizure and dismemberment” of the Russian oil giant and imprisonment of its boss Mikhail Khodorkovsky. Here, Sixsmith, a former BBC Moscow correspondent, charts how shareholders fought back. “Their unlikely champion was a cheery, phlegmatic London-based tax lawyer, Tim Osborne.”
Streetwise: Getting to and Through Goldman Sachs by Lloyd Blankfein
This memoir, from the “ultimate Goldman insider”, doesn’t quite break the bank’s “blood oath” of silence, says Literary Review. But it’s interesting on Blankfein’s ascent from working-class New York, and includes a “vivid retelling of the desperate days of September 2008”. Blankfein emerges as a “straight-arrow guy”.
Surviving Rome: The Economic Lives of the Ninety Percent by Kim Bowes
This history examines the everyday finances, food and working practices of ordinary Romans in “thrilling detail”, said the FT. Don’t be put off by the 35 bar charts, said the Times Literary Supplement. This is “that rarest of birds”: an “utterly gripping piece of economic history”.
Bonfire of the Murdochs by Gabriel Sherman
“A brief, deft account” of one of the most consequential family feuds of recent corporate history, says the FT – and the costs of elevating just one child to run the empire.
Money Beyond Borders: Global Currencies from Croesus to Crypto by Barry Eichengreen
In this “timely book”, Eichengreen – an expert on the international monetary system – puts today’s concerns about the global role of the dollar into historical context, says the FT. Technological change is important, but it all depends on “trust”.