15 Minutes

Economy and Society

Best economy and society books summarized in 15 minutes

Why do some countries get rich and others do not? Has violence gone up or down? Why do we decide in such irrational ways? This selection gathers books by economists, historians, psychologists and sociologists who try to answer questions like these.

On the wider world, there are Why Nations Fail, Prisoners of Geography, The Wealth of Nations, Capital in the Twenty-First Century and Doughnut Economics. On Brazil, there are Roots of Brazil by Sérgio Buarque de Holanda, The Masters and the Slaves by Gilberto Freyre, The Brazilian People by Darcy Ribeiro and Structural Racism by Silvio Almeida.

The authors disagree a lot. Steven Pinker in The Better Angels of Our Nature and Hans Rosling in Factfulness point to progress. Timothy Snyder in On Tyranny writes about threats to democracy. Freakonomics and Predictably Irrational apply economics and psychology to everyday choices, and Noise examines how judgments by highly trained people vary more than expected. The summaries lay out each thesis, and the conclusion is yours.

Economy and Society summaries

Cover of The Masters and the Slaves: A Study in the Development of Brazilian Civilization
16 min

The Masters and the Slaves: A Study in the Development of Brazilian Civilization

Gilberto Freyre

Brazilian food, language, and celebrations still carry a blend of Portuguese, Indigenous, and African heritage that began inside the big house.

Cover of Enlightenment Now
16 min

Enlightenment Now

Steven Pinker

Extreme poverty falling worldwide doesn't erase inequality inside each country. They are two different problems, measured with different yardsticks.

Cover of The Rational Optimist: How Prosperity Evolves
17 min

The Rational Optimist: How Prosperity Evolves

Matt Ridley

A family that cuts off all exchange with the rest of the world and tries to produce everything on its own does not become freer. It becomes poorer and more fragile, because no individual talent can handle doing every step of every task in life well.

Cover of The Brazilian People: The Formation and Meaning of Brazil
17 min

The Brazilian People: The Formation and Meaning of Brazil

Darcy Ribeiro

Darcy calls the emptiness of the mixed-race person of the first centuries "nobodiness" (ninguendade): with no full place in the Indigenous, Portuguese, or African tradition, they had to invent an identity of their own.

Cover of The Better Angels of Our Nature: Why Violence Has Declined
16 min

The Better Angels of Our Nature: Why Violence Has Declined

Steven Pinker

Good table manners began as a status contest among nobles in European courts; without realizing it, we inherited that impulse control for our whole lives, not just for dinner.

Cover of Roots of Brazil
17 min

Roots of Brazil

Sérgio Buarque de Holanda

According to Sérgio Buarque, the resistance to impersonal rules and orderly lines that many people today call the Brazilian way was not born here: it arrived in the cultural baggage of Portugal, of an Iberian Peninsula that valued the standout individual more than anonymous association among strangers.

Cover of Freakonomics
13 min

Freakonomics

Steven D. Levitt and Stephen J. Dubner

Where the payoff is big and nobody is watching closely, shortcuts tend to show up, even among respectable people.

Cover of Predictably Irrational
17 min

Predictably Irrational

Dan Ariely

Asking for a favor out of affection and charging for it with money are different contracts, and mixing the two usually ruins the first.

Cover of The Crowd
14 min

The Crowd

Gustave Le Bon

For Le Bon, anonymity gives the impression that no one will answer for what the group does, and that loosens brakes a person alone would keep on.

Cover of Noise
17 min

Noise

Daniel Kahneman, Olivier Sibony and Cass R. Sunstein

In a company that never compares decisions, the gap between professionals can be far bigger than anyone imagines: at the insurance company in the book, it was more than five times what was expected.

Cover of Why Nations Fail: The Origins of Power, Prosperity, and Poverty
19 min

Why Nations Fail: The Origins of Power, Prosperity, and Poverty

Daron Acemoglu and James A. Robinson

The difference in quality of life between two neighboring towns does not come from climate or soil, but from the rules of the game that determine whether ordinary citizens have the security to work and keep the fruits of their labor.

Cover of On Tyranny: Twenty Lessons from the Twentieth Century
18 min

On Tyranny: Twenty Lessons from the Twentieth Century

Timothy Snyder

Laws and courts only remain standing as long as citizens actively choose to defend them in the real world.

Cover of Factfulness
18 min

Factfulness

Hans Rosling

Most of humanity does not live in the extremes of misery or opulence, but in a middle range that a hurried glance usually overlooks.

Cover of Prisoners of Geography: Ten Maps That Explain Everything About the World
18 min

Prisoners of Geography: Ten Maps That Explain Everything About the World

Tim Marshall

For the author, governments that occupy vast plains without natural barriers tend to spend more energy creating buffer states around themselves than nations protected by seas.

Cover of Humankind: A Hopeful History
17 min

Humankind: A Hopeful History

Rutger Bregman

In real situations of emergency and isolation, human groups tend to organize themselves around mutual solidarity, debunking the stereotype that chaos brings out only savagery.

Cover of The Undercover Economist
17 min

The Undercover Economist

Tim Harford

The price of a product downtown often pays for the scarcity of prime retail space, rather than the actual cost of making it.

Cover of 23 Things They Don't Tell You About Capitalism
18 min

23 Things They Don't Tell You About Capitalism

Ha-Joon Chang

Markets do not spring up in a natural vacuum; they operate backed by collective rules that define what can and cannot be sold.

Cover of Capital in the Twenty-First Century
19 min

Capital in the Twenty-First Century

Thomas Piketty

Similar salaries can conceal very different degrees of freedom when only one person already owns assets.

Cover of The Wealth of Nations
19 min

The Wealth of Nations

Adam Smith

Specializing tasks can multiply production, but coordinating responsibilities is what turns efficient parts into a working whole.

Cover of Doughnut Economics
18 min

Doughnut Economics

Kate Raworth

When an indicator becomes the destination, whatever it fails to measure can end up treated as if it has no value.

Cover of Structural Racism
21 min

Structural Racism

Silvio Almeida

A classification may have no biological basis and still produce material consequences when it guides how people are treated.

Cover of The Power of Crisis: How Three Threats, and Our Response, Will Change the World
18 min

The Power of Crisis: How Three Threats, and Our Response, Will Change the World

Ian Bremmer

Political inertia in the face of long-term risks is overcome only when the shock of a crisis hits society with undeniable, visible force.

Cover of Black Skin, White Masks
16 min

Black Skin, White Masks

Frantz Fanon

For Fanon, the psychic wound of racism cannot be resolved in the therapist's office alone: the social conditions that produce it must also change.

Cover of Women, Race & Class
17 min

Women, Race & Class

Angela Y. Davis

A victory that benefits only one group can leave out the people who needed it most.

Cover of The World Is Flat
15 min

The World Is Flat

Thomas L. Friedman

According to the author, globalization has had three phases, with the current one driven by individuals connected through networks.

Cover of New Power
16 min

New Power

Henry Timms and Jeremy Heimans

Cases like the Ice Bucket Challenge share a clear invitation, a simple way to participate, and a sense of belonging.

Cover of The Year of Living Danish
14 min

The Year of Living Danish

Helen Russell

For the author, Danish happiness has less to do with an upbeat outlook and more to do with fewer worries about basics like healthcare, education, and old age.

Cover of Politics: So You're Not an Idiot
15 min

Politics: So You're Not an Idiot

Mario Sergio Cortella & Renato Janine Ribeiro

Staying out of the decisions of your condo board, your school or your neighborhood is not neutrality: it is handing your vote to whoever showed up.

Cover of Why We Love Dogs, Eat Pigs, and Wear Cows
16 min

Why We Love Dogs, Eat Pigs, and Wear Cows

Melanie Joy

According to the book, words like meat and herd help the mind forget that there is an individual with its own experience.

Economy and Society authors

Steven Pinker · Adam Smith · Angela Y. Davis · Cass R. Sunstein · Dan Ariely · Daniel Kahneman, Olivier Sibony · Darcy Ribeiro · Daron Acemoglu · Frantz Fanon · Gilberto Freyre · Gustave Le Bon · Ha-Joon Chang · Hans Rosling · Helen Russell · Henry Timms · Ian Bremmer · James A. Robinson · Jeremy Heimans · Kate Raworth · Mario Sergio Cortella · Matt Ridley · Melanie Joy · Renato Janine Ribeiro · Rutger Bregman · Sérgio Buarque de Holanda · Silvio Almeida · Stephen J. Dubner · Steven D. Levitt · Thomas L. Friedman · Thomas Piketty · Tim Harford · Tim Marshall · Timothy Snyder

Frequently asked questions

+Do the authors of these books agree with each other?

Not always. Pinker and Rosling highlight improvements in health, income and violence. Thomas Piketty looks at wealth inequality. Timothy Snyder writes about threats to democracy. The summaries present what each one argues so you can compare the arguments.

+Where should I start with the books on Brazil?

Roots of Brazil by Sérgio Buarque de Holanda is a classic of Brazilian thought. The Brazilian People by Darcy Ribeiro tells how the country's population formed. The Masters and the Slaves is also a classic, now read with a critical eye, and Structural Racism by Silvio Almeida discusses how racism shows up in institutions.

+How does 15 Minutes work?

On this site you can see who each book is for, its key ideas and a preview of the summary. In the app you get the full summary as text, a quiz at the end of each book, guided Journeys and new books every week. The app is free to download and you can read one full book free every day. Premium: $19.99/year in the US (price shown in your App Store). Audio narration for the English summaries is coming soon.

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Full text summaries, a quiz at the end of each book and guided Journeys. New books every week.

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