Best business books and the nature of ‘business’

Andrew Hill has a nice feature in the weekend FT about the secret of writing a successful business book. It’s a trailer for what must be the upcoming decision on the FT’s Business Book of the Year. The shortlisted titles are:

The Hour Between Dog and Wolf by John Coates

Private Empire by Steve Coll

Steve Jobs by Walter Isaacson

Volcker by William Silber

What Money Can’t Buy by Michael Sandel. (I reviewed it here.)

Why Nations Fail by Daron Acemoglu and James Robinson. (And I reviewed this one here.)

The shortlist makes it plain that the definition of business book is capacious as there are economics books and biographies here. I suspect the ranks of ‘self help’ business books that fill the relevant bookshop sections will rarely if ever make it onto the FT’s shortlist. The correct definition for eligible books is probably ‘thoughtful books about business in its broadest sense – history, philosophy, psychology, society – but not about how to run a business’.

That’s fine – the aim of contests like these is to get people reading serious books, which must be a good thing. The shortlist gives me an appealing reading list. Of the two of the above list I have read already, I think Sandel should not win it, as my review will explain.

Of course, the Enlightened Economist book of the year winner has already been announced – it was Ariel Rubinstein’s Economic Fables.

Here is my review of the book. And here was my shortlist.