‘If you read just one book about economics, make it Andrew Leigh’s clear, insightful, remarkable – and short – work’
Claudia Goldin, Winner of the 2023 Nobel Prize in Economics
The Shortest History of Economics unearths the hidden economic forces behind war, innovation and social transformation, tracing how capitalism and the market system emerged.
From the emergence of agriculture to the war in Ukraine, Andrew Leigh weaves a fascinating narrative punctuated by expert insights into major moments in human history – why the invention of the plough led to gender inequality, how certain diseases determined the patterns of colonialism, and even how New York’s robber barons inspired the board game Monopoly.
Always accessible, expertly written and highly illuminating, The Shortest History of Economics is a perfect introduction to the subject.
'This book manages to cover the history of economies from prehistoric times to today in just 194 pages of text. It is clearly written and sensible. It will be the invaluable gift for anybody trying to understand how humanity moved from hunter-gatherer bands to today’s high-tech world economy and what economists think about how the system works. In the space available, this really is a miracle.’
—Martin Wolf, Financial Times 'Summer Books of 2024'
ANDREW LEIGH is a former professor of Economics at the Australian National University and the author of Battlers and Billionaires, The Luck of Politics, Randomistas and Reconnected. He has been a Labor member of the Australian House of Representatives since 2010.