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The best business books of the past year in the genre of narrative cover different terrain but also have a great deal in common. Diana Henriques's A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History explains how the foundations of the financial sector were reshaped in ways that led to the stunning crash of 1987. Amy Goldstein's Janesville: An American Story is about the closing, two days before Christmas of 2008, of the General Motors plant that supported the Wisconsin town. Christian Davenport's The Space Barons: Elon Musk, Jeff Bezos, and the Quest to Colonize the Cosmos describes the catalytic role private companies are playing in exploring the cosmos. Each story is compellingly told through characters -- and each story is larger than the characters. These are all deeply U.S. stories, because what happens in them could not happen, for better and for worse, anywhere else. And all three explore fundamental questions about how business can both make and break the world in which we live.

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