For those looking to squeeze in some last minute summer reading, the longlist for the 2019 Financial Times and McKinsey Business Book of the Year award was released earlier this month. The annual award, established in 2005, looks to celebrate “a work which provides the most compelling and enjoyable insight into modern business issues” and generates enough buzz that bookseller Barnes and Noble uses it as a category on its website.
The judging panel, chaired by the editor of the Financial Times Lionel Barber, includes individuals from the world of business, economics and academia. The winner will be announced at a ceremony held on December 3 in New York and awarded £30,000. All the shortlisted candidates will receive £10,000 each. Last year’s winner was Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou, which is currently being adapted into a feature film starring Jennifer Lawrence.
Many of the titles on this year's list focus on rapid technological change. Shoshana Zuboff tackles the era of "surveillance capitalism" introduced by tech companies, Stuart Russell and Amy Webb warn about the dangers of AI and suggest strategies to prevent harm to humanity, and former CEO of BP Lord John Browne explains why our fears of innovation are overblown. Also included are books on bias against women, a biography of the legendary Jim Simons, former Governor of the Reserve Bank of India Raghuram Rajan's latest, a history of the secretive Koch Industries and a title from JPMorgan's Summer Reading List about the advantages of being a generalist.
Here is the complete list of the best business books of the year according to FT and McKinsey in no particular order:
- Big Business: A Love Letter to an American Anti-Hero by Tyler Cowen
- Boom: Mad Money, Mega Dealers, and the Rise of Contemporary Art by Michael Shnayerson
- Equal by Carrie Gracie
- Extreme Economies: Survival, Failure, Future - Lessons from the World’s Limits by Richard Davies
- Firefighting: The Financial Crisis and Its Lessons by Ben Bernanke, Timothy Geithner and Henry Paulson
- The Big Nine by Amy Webb
- Human Compatible by Stuart Russell
- Invisible Women by Caroline Criado Perez
- Kochland by Christopher Leonard
- Loonshoots by Safi Bahcall
- Make, Think, Imagine by John Browne
- Range by David Epstein
- The Age of Surveillance Capitalism by Shoshana Zuboff
- The Anxious Triumph by Donald Sassoon
- The Man Who Solved the Market by Gregory Zuckerman
- The Third Pillar by Raghuram Rajan