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

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Routledge, Jan 28, 2015 - Business & Economics - 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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User Review  - ague - LibraryThing

Greatest book on economics I have read in years. Great introductory book and great review of the entire field. Read full review

Contents

Introduction
1
1 It All Started with Adam
13
Laissez Faire Avance
47
3 The Irreverent Malthus Challenges the New Model of Prosperity
69
4 Tricky Ricardo Takes Economics Down a Dangerous Road
93
John Stuart Mill and the Socialists Search for Utopia
117
6 Marx Madness Plunges Economics into a New Dark Age
133
Menger and the Austrians Reverse the Tide
171
11 The Fisher King Tries to Catch the Missing Link in Macroeconomics
271
Mises and Wicksell Make a Major Breakthrough
289
Capitalism Faces Its Greatest Challenge
323
Samuelson and Modern Economics
357
Friedman Leads a Monetary Counterrevolution
387
The Dark Vision of Joseph Schumpeter
421
The Near Triumph of Market Economics
441
Index
471

Scientific Economics Comes of Age
197
Americans Solve the Distribution Problem in Economics
227
Two Critics Debate the Meaning of Capitalism
247
About the Author
495
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About the author (2015)

Mark Skousen is editor-in-chief of Forecasts & Strategies, one of the largest investment/economic newsletters with over 30,000 subscribers. He is also professor of Economics and Finance at Rollins College, Winter Park, Florida, and a contributor to "Forbes", "The Wall Street Journal", "The Economist", "National Review", "Reason", "Human Events", "Liberty", and "The Journal of Economic Perspective".

He is a former economic analyst for the Central Intelligence Agency and has a Ph.D. in economics from George Washington University. Mr. Skousen completed a cassette tape series, "The Secrets of the Great Investors", with Louis Rukeyser. A frequent speaker at numerous financial conferences around the world, Mr. Skousen was recently ranked the #1 speaker by the American Association of Individual Investors.

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