The Making of Modern Economics: The Lives and Ideas of the Great Thinkers

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M.E. Sharpe, May 18, 2015 - Biography & Autobiography - 512 pages
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Here is a bold history of economics - the dramatic story of how the great economic thinkers built today's rigorous social science. Noted financial writer and economist Mark Skousen has revised and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, 'imperfect' markets, and behavioral economics.This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.
 

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Though Skousen is dishonest, like most people on the "libertarian" right, he does his homework. I cannot say that he treats subjects fairly, but you can tell he has looked at the evidence and read many original sources.

Contents

Introduction
1
1 It All Started With Adam
13
2 The French Connection Laissez Faire Avance
47
3 The Irreverent Malthus Challenges The New Model of Prosperity
69
4 Tricky Ricardo Takes Econimics Down a Dangerous Road
93
5 Milling Around John Stuart Mill and the Socialists Search for Utopia
117
6 Marx Madness Plunges Economics into a New Dark Age
133
7 Out of the Blue Danube Menger and the Austrians Reverse the Tide
171
11 The Fisher King Tries to Catch the Missing Link in Macroeconomics
271
12 The Missing Mises Mises and Wicksell Make a Major Breakthrough
289
13 The Keynes Mutiny Capitalism Faces Its Greatest Challenge
323
14 Paul Raises the Keynesian Cross Samuelson and Modern Economics
357
15 Miltons Paradisse Friedman Leads a Monetary Counterrevolution
387
16 The Creative Destruction of Socialism The Dark Vision of Joseph Schumpeter
421
17 Dr Smith Goes To Washington The Near Triumph of Market Economics
441
Index
471

8 Marshalling the Troops Scientific Economics Comes of Age
197
9 Go West Young Man Americans Solve the Distribution Problem in Economics
227
10 The Conspicuous Veblen Versus the Protesting Weber Two Critics Debate the Meaning of Capitalism
247
About The Author
495
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