Grand Pursuit: The Story of Economic Genius
In a sweeping narrative, the author of the megabestseller A Beautiful Mind takes us on a journey through modern history with the men and women who changed the lives of every single person on the planet. It’s the epic story of the making of modern economics, and of how economics rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in Fate.
Nasar’s account begins with Charles Dickens and Henry Mayhew observing and publishing the condition of the poor majority in mid-nineteenth-century London, the richest and most glittering place in the world. This was a new pursuit. She describes the often heroic efforts of Marx, Engels, Alfred Marshall, Beatrice and Sydney Webb, and the American Irving Fisher to put those insights into action—with revolutionary consequences for the world.
From the great John Maynard Keynes to Schumpeter, Hayek, Keynes’s disciple Joan Robinson, the influential American economists Paul Samuelson and Milton Freedman, and India’s Nobel Prize winner Amartya Sen, she shows how the insights of these activist thinkers transformed the world—from one city, London, to the developed nations in Europe and America, and now to the entire planet. In Nasar’s dramatic narrative of these discoverers we witness men and women responding to personal crises, world wars, revolutions, economic upheavals, and each other’s ideas to turn back Malthus and transform the dismal science into a triumph over mankind’s hitherto age-old destiny of misery and early death. This idea, unimaginable less than 200 years ago, is a story of trial and error, but ultimately transcendent, as it is rendered here in a stunning and moving narrative.
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Grand Pursuit: The Story of Economic GeniusUser Review - Sarah Statz Cords - Book Verdict
Nasar (John S. and James. L Knight Professor, Columbia Graduate Sch. of Journalism; A Beautiful Mind) posits that economics theorists have over the last two centuries shown people how they might take ... Read full review
Must There Be a Proletariat?
Miss Potters Profession
Cross of Gold Fisher and the Money Illusion
War of the Worlds
Europe Is Dying Keynes at Versailles
The Joyless Street Schumpeter and Hayek in Vienna
The Economists War
Exile Schumpeter and Hayek in World War II
Past and Future Keynes at Bretton Woods
Instruments of Mastery
Grand Illusion Robinson in Moscow and Beijing
Imagining the Future 461
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Alfred Marshall Allies American argued Austrian bank Beatrice Webb boom Britain British Cambridge capital Chamberlain Charles Charles Dickens Chicago Churchill Communist convinced currency Das Kapital debt Depression Diary ofBeatrice Webb Dickens economic economists England English Europe factory father finance Friedman Friedrich Engels Friedrich Hayek friends Fritz Machlup German gold Harvard historian Ibid ideas income industrial inflation intellectual interest rates Irving Fisher Irving Norton Fisher Joan Robinson John Maynard Keynes Joseph Schumpeter Kahn Karl Marx Keynes’s Keynesian labor lecture Liberal living Lloyd George London MacKenzie Macmillan Marshall’s Marx’s Mayhew Mill minister monetary Nasar peace percent political economy postwar Potter poverty production quoted Richard Kahn Robert Skidelsky Roosevelt Samuelson Schumpeter’s Sidney Skidelsky social Socialist society Soviet spending theory tion took trade Treasury unemployment Union University Press Victorian Vienna wages wealth women workers wrote York