List of honorary books for budding business journalism enthusiasts

In the realm of financial journalism, a select group of authors have left an indelible mark, weaving intricate narratives about the complexities of Wall Street and the economic world. Here are some of the most influential books penned by these masters.

Diana Henriques, a renowned name in investigative financial journalism, has won the 'Best in Business Book' award from The Society of Advancing Business Editing and Writing for her book 'Taming the Street'. This work delves into President Franklin D. Roosevelt's efforts to regulate U.S. capitalism after the 1929 stock market crash through the New Deal. Henriques' other notable works include 'A First Class Catastrophe', which analyses the 1987 stock market crash, and 'A Demon of Our Own Design', a comprehensive examination of the impact of algorithmic trading and new trading strategies on market instability.

Another prominent figure in business literature is Michael Lewis, best known for his bestsellers like "Liar's Poker" and "The Big Short". In 'Flash Boys', he tells the story of a group who investigate and expose the U.S. stock market rigged to benefit insiders, as explained in an interview with CBS.

George Goodman, writing under the pen name Adam Smith, has also made significant contributions to business literature. His nonfiction book 'The Money Game' provides insight into the people of Wall Street and financial affairs. Goodman, who was known for his PBS television series, 'Adam Smith's Money World', and worked as executive editor of Esquire in the 1970s, also helped start Institutional Investor Magazine.

John Brooks, known for making business journalism intriguing and interesting to readers of The New Yorker in the 1950s and 1960s, authored 'The Go-Go Years'. This book, which won awards from The Society of Advancing Business Editing and Writing and Bloomberg, presents a dramatic retelling of the growth stocks in the 1960s that led to market crashes a decade later. The term 'go-go' stocks in this book refers to the prominent stock trading based on high growth.

Lastly, Andrew Ross Sorkin's book 'Too Big to Fail' is an inside account of the efforts made by Wall Street and Washington to save the financial system after the 2008 economic crisis. According to Henriques, 'Too Big to Fail' covers the actions of key individuals in major Wall Street banks, the Treasury Department, Congress, and the White House during the economic crisis.

In addition to these authors, Richard Bookstaber, with expertise as a member of hedge funds like Moore Capital and Ziff Brothers, and as the risk manager for firms on Wall Street like Morgan Stanley and Salomon Brothers, has provided valuable insights into why markets crash. His book 'A Demon of Our Own Design' offers a comprehensive analysis of the modern mechanics of Wall Street and what the future looks like for capital markets.

These books serve as invaluable resources for journalists focusing on business journalism, offering a wealth of information about financial events in history, the inner workings of Wall Street, and the impact of new trading strategies on market stability.