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Understandably (looking at the award sponsors), the FT/Goldman Sachs Book Award always tends more toward macroeconomics, high finance and big business. But they always seem to pick well, and I always find books I feel the need to revisit when they announce their list.
Just in case you missed the announcement of the the award's longlist as I did, it is:
Grand Pursuit: The Story of Economic Genius by Sylvia Nasar, Simon & Schuster
No Angel: The Secret Life of Bernie Ecclestone by Tom Bower, Faber & Faber
Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty by Abhijit V.
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The call is on for submissions to the 2011 Financial Times and Goldman Sachs Business Book of the Year Award. From the press release:
Now in its seventh year, the award is firmly established as a feature of the business and publishing calendars. [.
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Seth Godin wrote last October that, "If there's justice, [Kevin Kelly's What Technology Wants] will win the Pulitzer Prize. And, while I think there remains some justice in the world regardless of the fact that it did not, we would agree that it deserved at least a nomination in the general nonfiction category (something another of our favorite books, Nicholas Carr's The Shallows: What the Internet Is Doing to Our Brain, did happily receive). But, I'm sure that the book that won the category—Siddhartha Mukherjee's The Emperor of All Maladies: A Biography of Cancer—is not at all undeserving.
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strategy + business's "best of" list is always a special treat—in large part because it's never just a list, but a series of essays. The magazine gathers together a different team of experts each year, and each takes the task of writing on their chosen category and the books in it. I've listed their picks below, linking to the essays at the head of each category.
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The Financial Times and Goldman Sachs Business Book of the Year was announced last night at The Pierre in New York City, and it was something of an upset. Raghuram Rajan's Fault Lines: How Hidden Fractures Still Threaten the World Economy, released by Princeton University Press in May, beat out more widely recognized and commercially successful books like Michael Lewis's The Big Short and Andrew Ross Sorkin's Too Big to Fail (which was the runner up last night, and which we named The 800-CEO-READ Business Book of the Year in 2009).
The award was presented by Lionel Barber, FT editor and chair of the judging panel, and Lloyd Blankfein, the chief executive of Goldman Sachs who recused himself as a judge because of the number of books on the shortlist about the financial crisis—books he was a character in having been the head of a major Wall Street firm during the crisis.
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