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Business Context track

Understand the economic and historical forces behind markets and the companies that shaped them.

4 steps7 books3 course shelvesFor executives, strategists and curious general readers

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Start here

Economics made approachable, and the inventions behind the modern economy.

Build the skills

Why nations succeed or fail and how finance developed.

Why Nations Fail

Daron Acemoglu & James A. Robinson

Differences in national prosperity come down mainly to whether institutions are inclusive or extractive, argue Daron Acemoglu and James Robinson, who reject explanations based on geography or culture. They back the case with historical comparisons from many countries.

Go deeper

Company and industry stories that show these forces at work.

Chip War

Chris Miller

Chris Miller explains why semiconductors have become central to economic strength and national security, tracing the industry's growth and the rivalry between the United States and China over chip technology. It also covers the supply chain's dependence on a few firms and places such as Taiwan.

The Innovators

Walter Isaacson

Walter Isaacson traces the development of computers and the internet as the product of collaboration across generations, starting with Ada Lovelace and moving through the engineers, scientists and entrepreneurs who followed. It argues that teamwork often mattered more than lone genius.

Put it to work

Ask which economic or historical pattern helps explain a market or decision in front of you.

This week: Ask which economic or historical pattern helps explain a decision or market you are dealing with now.