FT & McKinsey Business Book of the Year Award

August 6, 2014 7:59 pm

From hacking to fracking, this year’s cracking business titles

Two of 2014’s most controversial books – Thomas Piketty’s Capital in the Twenty-First Century and Michael Lewis’s Flash Boys – will go head to head in an attempt to become the Financial Times’s 10th business book of the year.

The Longlist

Business Book of the Year Award 2014

View the longlist of books selected from more than 300 titles entered for the 2014 prize.

They join a longlist of 16 contenders for the award, backed for the first time in 2014 by McKinsey.

Piketty’s book about rising inequality – published in French in 2013 but eligible for the 2014 prize in its English translation – was criticised by the FT for data errors but fiercely defended by the author. Lewis has caused a storm with his argument that high-frequency traders rig the equity markets.

Other longlisted books stirring up debate are Hack Attack , Nick Davies’s investigation of the impact of the UK phone-hacking scandal on Rupert Murdoch’s media empire, and The Glass Closet , Lord Browne’s analysis of why lesbian, gay, bisexual and transgender staff still feel compelled to hide their sexuality at work – as the former BP chief did.

Erik Brynjolfsson and Andrew McAfee have also created waves with The Second Machine Age about the promise of new technology. Walter Isaacson makes the longlist with The Innovators , out in October, on the people behind the digital revolution. Julia Angwin looks at the dark side of data in Dragnet Nation .

Entrepreneurial and man­agement insights are offered by Creativity, Inc , Ed Catmull’s memo for managers from inside Pix­ar, the animation studio he co-founded, and by venture capitalist Ben Horowitz in The Hard Thing About Hard Things , on how to build a business. These titles are complemented by Daniel Schulman’s sweeping history of the Koch corporate dyn­asty, Sons of Wichita .

The causes and consequences of the financial crisis continue to pre­occupy authors. Ian Fraser takes another look at what went wrong at Royal Bank of Scotland in Shredded . Fragile by Design , by Charles Calomiris and Stephen Haber, seeks the roots of the banking crisis. Atif Mian and Amir Sufi examine the causes of the recession in House of Debt , while Diane Coyle’s GDP offers “a brief but affectionate history” of the much misunderstood economic measure.

The list is completed by Howard French’s reportage on the growing Chinese presence in Africa, China’s Second Continent , and The Boom by Russell Gold, about the pros and cons of fracking for gas.

The judges of the award will select a shortlist of up to six finalists on September 24. The £30,000 prize will be awarded on November 11.

Covers Book Titles Author/s Publisher & Publication Date
Capital in the Twenty-First Century by Thomas Piketty, Belknap Press/Harvard University Press (in both UK and US) (publication date April 2014) cover is for both markets
Capital in the Twenty-First Century
Thomas Piketty Belknap Press/ Harvard University Press, April 2014
China's second Continent both editions
China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa
Howard W. French Alfred A. Knopf, May 2014
Creativity Inc: Overcoming the Unseen Forces that Stand in the Way of True Inspiration by Ed Catmull, Bantam Press/Transworld Publishers (UK), Random House (US) Publication date: April, 2014 cover is for both markets
Creativity, Inc: Overcoming the Unseen Forces that Stand in the Way of True Inspiration
Ed Catmull Bantam Press/Transworld Publishers (UK), Random House (US), April 2014
Dragnet Nation: A Quest for Privacy, Security and Freedom in a World of Relentless Surveillance by Julia Angwin, Times Books/Henry Holt (Both UK and US) Publication date: February 2014 cover is for both markets
Dragnet Nation: A Quest for Privacy, Security, and Freedom in a World of Relentless Surveillance
Julia Angwin Times Books/Henry Holt, February 2014
Flash Boys US cover
Flash Boys: A Wall Street Revolt (US title)
Michael Lewis W. W. Norton Ltd (US), March 2014
UK version Flash Boys: Cracking the Money Code by Michael Lewis, Allen Lane/Penguin Press (in UK), W. W. Norton Ltd (US) (publication date March 2014)
Flash Boys: Cracking the Money Code (UK title)
Michael Lewis Allen Lane/ Penguin Press (UK), March 2014
Fragile by Design: The Political Origins of Banking Crises and Scarce Credit by Charles W. Calomiris and Stephen H. Haber, Princeton University Press (UK and US), Publication date: March 2014
Fragile by Design: The Political Origins of Banking Crises and Scarce Credit
Charles W. Calomiris and Stephen H. Haber Princeton University Press, March 2014
GDP: A Brief but Affectionate History by Diane Coyle, Princeton University Press (in both UK and US) (publication date March 2014) cover is for both markets
GDP: A Brief but Affectionate History
Diane Coyle Princeton University Press, March 2014
Hack Attack: How the truth caught up with Rupert Murdoch by Nick Davies, Chatto & Windus (UK), Faber & Faber (US) Publication date: July 2014
Hack Attack: How the Truth Caught up With Rupert Murdoch
Nick Davies Chatto & Windus (UK), Faber & Faber (US), July 2014
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again by Atif Mian and Amir Sufi, University of Chicago Press (UK and US) (June 2014 publication date) cover is for both markets
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It From Happening Again
Atif Mian and Amir Sufi University of Chicago Press, June 2014
Shredded: Inside RBS, the Bank that Broke Britain by Ian Fraser, Birlinn Ltd (both UK and US) Publication date: June, 2014 cover is for both markets
Shredded: Inside RBS, the Bank that Broke Britain
Ian Fraser Birlinn Ltd, June 2014
Sons of Wichita: How the Koch Brothers Became America's Most Powerful and Private Dynasty by Daniel Schulman, Grand Central Publishing (both UK and US) Publication date: May 20, 2014 cover is for both markets
Sons of Wichita: How the Koch Brothers Became America’s Most Powerful and Private Dynasty
Daniel Schulman Grand Central Publishing, May 2014
The Boom: How Fracking Ignited the American Energy Revolution and Changed the World by Russell Gold, Simon & Schuster, Publication date: April 2014
The Boom: How Fracking Ignited the American Energy Revolution and Changed the World
Russell Gold Simon & Schuster, April 2014
The Glass Closet: Why Coming Out is Good For Business by John Browne, Ebury Publishing/ WH Allen (UK), HarperCollins/HarperBusiness (US) Publication date: May, 2014 cover is for both markets
The Glass Closet: Why Coming Out is Good Business (US Cover)
John Browne HarperCollins/
HarperBusiness (US), May 2014
**UK COVER: The Glass Closet: Why Coming Out is Good For Business by John Browne, WH Allen/Ebury Publishing (UK), HarperCollins/HarperBusiness (US) Publication date: May, 2014
The Glass Closet: Why Coming Out is Good Business (UK Cover)
John Browne WH Allen/Ebury Publishing (UK), May 2014
The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz, HarperCollins/HarperBusiness (both UK and US) Publication date: March, 2014 cover is for both market
The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers
Ben Horowitz HarperCollins/ HarperBusiness, March 2014
The Innovators: How a Group of Inventors, Hackers, Geniuses, and Geeks Created the Digital Revolution by Walter Isaacson, Simon & Schuster cover is for both markets
The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution
Walter Isaacson Simon & Schuster, October 2014
The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies by Erik Brynjolfsson and Andrew McAfee, W. W. Norton Ltd (in both UK and US) (publication date February 2014) cover is for both markets
The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies
Erik Brynjolfsson and Andrew McAfee W. W. Norton Ltd, February 2014

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