10 Best Economics Books of All Time Posted on December 31, 2016November 10, 2017 by TFE Times Prev9 of 10Next The Great Transformation The Great Transformation is a book by Karl Polanyi, a Hungarian-American political economist. First published in 1944 by Farrar & Rinehart, it deals with the social and political upheavals that took place in England during the rise of the market economy. Polanyi contends that the modern market economy and the modern nation-state should be understood not as discrete elements but as the single human invention he calls the “Market Society”. Related
