Updates

  1. Person pages list letters, writing, profiles and links as sortable tables with filters, and show each person's companies as links; Fund letters show each letter's description in its own column.
  2. Experts show a checked job title and a short description of each person; 30 more people have photographs.
  3. Every company, fund, university and publication the experts work for has a page listing the people there.
  4. Fund letters show each letter's thesis and filter by it; 225 person pages list the essays, columns and newsletter issues the person wrote.
  5. Person pages list every essay and newsletter issue a person wrote, and their own books as a table in List view.
  6. Recommends shows the five largest kinds of book and the rest under More; browse pictures load sooner.
  7. Podcasts and talks link the original episode, filter by Audio and video or Press, and list each publisher once.
  8. Pages are wider, Recommends has List and Grid, and a filter clicked again turns off.
  9. Book cards sit in a ruled grid with Open Library and Goodreads links and each book's one-line note.
  10. Funds is now Investors; each investor's styles are buttons that filter the table.
  11. Podcasts and talks on a person's page filter by year and publisher and show as a list or a grid of pictures.
  12. Quotes show only people's own words: 472 summaries written by list sites are gone.
  13. Country pages open from Browse again, and every link on the shelf lands on a page.
  14. Subject and person pages show their sections as tabs, and each book appears once on a person's page.
  15. Book cards show the quote, who said it and the source; grids show five cards to a row.
  16. On a phone, a menu holds the sections, search, Updates, Feedback and dark mode.
  17. Feedback takes a screenshot of the page with no browser prompt, opens a screenshot full size when you click it, and clears itself once sent.
  18. Book cards are centred, search names the topic each book sits in, and any text cut short shows whole on hover.
  19. Search groups its results by kind: people, companies, geographies, subjects, topics, books, funds, fund letters and papers.
  20. The Books table lists who recommended each book by name, and the browser tab names the section you are in.
  21. Feedback can take a screenshot of the page, or one you paste or choose, and opens in the corner beside Updates.
  22. Each rail button reopens its section where you left it, and Browse, Table and People show on every book and subject page.
  23. Filters grey out choices that hold nothing instead of hiding them, and Books › People filters by authors or recommenders.
  24. Feedback takes a subject line and up to three screenshots.
  25. Biographies are grouped by the person they are about: 41 new pages, from Abraham Lincoln to Lee Kuan Yew.
  26. Sport splits into 23 sports, and Religion into one topic per faith.
  27. Book lists show as cards: the cover, one recommendation quote and every recommender by name.
  28. Seventeen subjects that had two or three pages under different names now have one page each.
  29. Every page lists its Experts as authors and recommenders, with a link to them on the Experts tab.
  30. Economics, Financial history, Financial panics and Accounting are subjects of their own, with one page per financial crisis.
  31. Book, person and subject pages open inside the app, so the tabs stay in view.
  32. 996 more book covers, and photographs or logos for 227 more people and companies.
  33. Books › Browse shows every subject as cards, and the rail holds Fund letters, Papers, Experts, Books and Funds.
  34. Every topic over 150 books splits into narrower topics, each with a page of its own.

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AA

Asia and the Pacific

Political economy and political history of China, Japan, Korea, Taiwan, Southeast Asia, India, Pakistan, Bangladesh, Australia and New Zealand.

Start here

  1. The Lucky CountryDonald Horne, 1964
  2. MITI and the Japanese MiracleChalmers A. Johnson, 1982
  3. Governing the MarketRobert Wade, 1990
  4. From Third World to FirstLee Kuan Yew, 2000
  5. Japan as Number OneEzra F. Vogel, 1979
Donald Horne · 1964

An indictment of 1960s Australia as provincial, philistine and living on its luck.

Chalmers A. Johnson · 1982

How Japan's trade ministry steered industry from 1925 to 1975.

Robert Wade · 1990

How Taiwan's state steered industry, making the case for directed East Asian growth.

Lee Kuan Yew · 2000

How Singapore's leaders chose policies, from courting multinationals onward.

Ezra F. Vogel · 1979

What Japan's institutions had solved that America had not, and what to learn.

World Bank · 1993

How East Asian governments' interventions helped produce rapid growth.

Adam Fforde, Stefan de Vylder · 1996

How Vietnam moved from central planning to a market economy, from field research.

Edmund Terence Gomez, Jomo K. S. · 1997

How Malaysian policy shared ownership and rents among ethnic and political groups.

Lee Kuan Yew · 1998

A founding leader's account of his life and Singapore's politics and history.

Ishrat Husain · 1999

Why Pakistan grew for four decades while an elite captured the gains.

Gurcharan Das · 2000

India's economy from independence to 2000, told alongside a P&G executive's career.

David C. Kang · 2002

Why similar corruption in South Korea and the Philippines led to different results.

Joe Studwell · 2002

Why foreign investors' hopes of profit in 1990s China were mostly disappointed.

Alice H. Amsden, Wan-wen Chu · 2003

How Taiwan moved into higher-value industries after its first industrialisation.

Paul M. Handley · 2006

The monarchy and the Crown Property Bureau as an economic institution.

Joe Studwell · 2007

How Southeast Asia's tycoons got rich from political favours, not productivity.

Edward Luce · 2007

An introduction to modern India's rise and its many contradictions.

Recommended by: Mohnish Pabrai

Anatol Lieven · 2011

Kinship networks, patronage and why the state is weaker and more durable than it looks.

Carl E. Walter, Fraser J. T. Howie · 2011

How China's state-run financial system really works behind its official figures.

Byung-Kook Kim, Ezra F. Vogel · 2011

The authoritative volume on how the developmental state was built.

George Megalogenis · 2012

How deregulation from 1983 produced three decades without recession.

Joe Studwell · 2013

Why some Asian nations grew rich: land reform, export-led industry, directed credit.

“it's a good read for anyone who wants to understand what actually determines whether a developing economy will succeed.” — Bill Gates

Source: Gates Notes review of How Asia Works

Recommended by: Bill Gates, Mohnish Pabrai, Patrick Collison

Nicholas R. Lardy · 2014

Data showing China's growth came from private firms, not the state sector.

Ayesha Jalal · 2014

Why the security state crowded out the productive economy from the start.

Henry M. Paulson · 2015

Twenty-five years negotiating with Chinese officials, from Goldman to the Treasury.

Arthur R. Kroeber · 2016

A question-and-answer guide to how China's economy works.

Neil Monnery · 2017

John Cowperthwaite, Hong Kong's Financial Secretary in the 1960s, and his policies.

Tom Wright, Bradley Hope · 2018

How Jho Low diverted billions from Malaysia's 1MDB fund into parties and politics.

James Crabtree · 2018

Crony capitalism, promoter leverage and the bad-loan crisis.

Nicholas R. Lardy · 2019

How China's state sector returned after 2012 and slowed growth.

Ulrike Schaede · 2020

Japanese firms after 1990 moved into hidden upstream niches rather than stagnate.

Desmond Shum · 2021

Insider account of doing deals through Party patronage, and losing everything.

Patrick McGee · 2025

How Apple built its manufacturing base in China, and what it gave China in return.

“This is a phenomenal read... A brilliantly researched book. This book was hard to put down.” — Christopher Bloomstran

Source: Semper Augustus 2025 Letter to Clients, 'Books and Music', p. 87

Recommended by: Christopher Bloomstran

Mahathir bin Mohamad · 1970

Mahathir's case for Malay preferences that became the New Economic Policy.

Just Faaland, J. R. Parkinson · 1976

The founding pessimist study; useful baseline for what was later beaten.

Sterling Seagrave · 1988

How Ferdinand and Imelda Marcos built crony monopolies and hid their wealth abroad.

Alfred W. McCoy · 1993

The family dynasties that have run the Philippines' politics and conglomerates.

Roger Douglas · 1993

The case for sweeping reform from the finance minister who forced it through.

Pasuk Phongpaichit, Sungsidh Piriyarangsan · 1994

Field research on how money actually moves through Thai officialdom.

Pasuk Phongpaichit, Chris Baker · 1995

The pre-crisis baseline: how the boom economy was actually structured.

Brian Easton · 1996

The post-war economy through the liberalisation, by its best chronicler.

Jonathan Boston, John Martin, June Pallot, Pat Walsh · 1996

The state-sector redesign other governments copied; contracts, outputs, accountability.

Eun Mee Kim · 1997

The state-chaebol bargain and how it shifted over forty years.

Paul D. Hutchcroft · 1998

Why oligarch families captured the banks rather than the state capturing business.

Pasuk Phongpaichit, Chris Baker · 1998

The definitive account of the bubble and the baht devaluation that started the Asian crisis.

Michael Backman · 1999

Written straight after the 1997 crisis on opacity, related-party dealing and family control.

Pasuk Phongpaichit, Chris Baker · 2000

Follow-up on the IMF programme, bank restructuring and who paid for it.

R. E. Elson · 2001

Suharto's rise and the New Order patronage economy behind Indonesian business.

Jomo K. S. · 2001

Malaysia's 1997-98 crisis and its unorthodox answer of capital controls.

Richard A. Werner · 2003

A contested but influential reading of the Bank of Japan's credit guidance.

Recommended by: Patrick Collison

Denny Roy · 2003

How great powers and local people fought over Taiwan, through the party-state era.

Shalendra D. Sharma · 2003

Country-by-country anatomy of the crisis, reform and recovery.

Arsenio M. Balisacan, Hal Hill · 2003

The standard economics volume: trade, banking, land and industrial policy.

Duncan McCargo · 2004

Essays on Vietnam's state, business and the limits of its reform coalition.

Pasuk Phongpaichit, Chris Baker · 2004

Telecoms billionaire turned prime minister; the clearest study of business-politics fusion in Thailand.

Walden Bello, Herbert Docena, Marissa de Guzman, Mary Lou Malig · 2004

How the Philippine elite blocked reform through liberalisation and debt after Marcos.

Richard Lloyd Parry · 2005

Indonesia's 1997-98 collapse and the fall of Suharto, reported on the ground.

Alice Poon · 2005

The clearest short account of how the property oligopoly extracts rent.

Patricio N. Abinales, Donna J. Amoroso · 2005

Why the Philippine state stays weak while strong families hold power.

Henri Ghesquiere · 2006

An IMF economist on which policies were actually causal, and which transferable.

Pietro Masina · 2006

Industrial policy and FDI dependence assessed against the East Asian model.

Ayesha Siddiqa · 2007

The Pakistan army's foundations, land and industrial holdings, mapped in full.

Leo Goodstadt · 2007

How Hong Kong's banks and bank crises shaped the miracle economy.

Shuja Nawaz · 2008

The history of Pakistan's army and its hand in how the country is governed.

Bill Hayton · 2010

Vietnam's rapid change under Party control, state firms and the doi moi reforms.

Mahathir bin Mohamad · 2011

Memoir by the architect of the industrial policy and the capital controls.

Maleeha Lodhi · 2011

Essays on Pakistan's energy, taxes, banking and the reforms they need.

Jothie Rajah · 2012

How an authoritarian state uses law as an instrument of control.

David W. P. Elliott · 2012

How Vietnam's Communist Party talked itself into opening the economy and joining WTO.

Andrew MacGregor Marshall · 2014

Thailand's royal succession and the political violence and censorship around it.

George Megalogenis · 2015

Migration and openness as the source of Australia's long-run growth.

Linda Lim · 2015

Retrospective essays on the limits of the model and what comes next.

Vijay Joshi · 2016

The reform agenda India has still not executed.

Pasuk Phongpaichit, Chris Baker · 2016

Concentration of wealth, land and market power among a few families.

Michael Vatikiotis · 2017

Southeast Asia's politics and conflicts, seen by a mediator at the negotiating table.

Edmund Terence Gomez, Thirshalar Padmanabhan, Norfaryanti Kamaruddin, Sunil Bhalla, Fikri Fisal · 2017

Who actually controls the GLCs that dominate the local market.

Ishrat Husain · 2018

Insider on why Pakistani institutional reform keeps failing at implementation.

Clare Rewcastle Brown · 2018

How a journalist uncovered the 1MDB fraud, told first-hand.

Montek Singh Ahluwalia · 2019

Insider memoir by the architect of much of the reform programme.

Antony Dapiran · 2020

Hong Kong's 2019 protests, from the extradition bill to months of street battles.

Li Lu · 1990

Memoir of the Cultural Revolution and Tiananmen; his only English-language book.

Recommended by: Mohnish Pabrai

Michael Lewis · 1991

The cultural rift between America and Japan, through people working across it.

Ricardo Manapat · 1991

Hard-to-find catalogue of Marcos-era crony deals; the source everyone else cites.

Jane Kelsey · 1995

New Zealand's 1984-95 reforms: deregulation, privatisation and inflation targeting.

Michael E. Porter, Hirotaka Takeuchi, Mariko Sakakibara · 2000
T4 Mao
Jung Chang · 2002

Recommended by: Richard Branson

Stéphanie Balme, Mark Sidel · 2006

Legal and institutional reform; the contract and property environment for investors.

Philip P. Pan · 2008

Chinese people who push for justice and freedom under an authoritarian state.

Recommended by: Patrick Collison

Mahatma Gandhi · 2009

Recommended by: Kevin Kelly, Tim Cook

David Lewis · 2011

The one readable overview of how the state, NGOs and business interlock.

Henry Kissinger · 2011

China's history and its ties with the West, drawn from talks with Chinese leaders.

Recommended by: Mohnish Pabrai

Tai-chun Kuo, Ramon H. Myers · 2011

The policies that moved Taiwan's economy from agriculture to electronics.

Xiaobo Liu, Perry Link, Tienchi Martin-Liao · 2012

A Chinese dissident's essays and poems on tyranny, land disputes, Tibet and freedom.

Recommended by: Mohnish Pabrai

John Keay

How Partition shaped the troubled histories of India, Pakistan and Bangladesh.

Recommended by: Mohnish Pabrai

Mahatma Gandhi, John Dear

Writings by the leader of India's independence movement on practising nonviolence.

Recommended by: Mohnish Pabrai

Jeremy Lim

The politics, financing and delivery of Singapore's healthcare over five decades.

Recommended by: Sahil Lavingia

More politics and government