New Ideas from Dead Economists: An Introduction to Modern Economic Thought

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Author: Todd G. Buchholz

ISBN-10: 0452288444

ISBN-13: 9780452288447

Category: Economists - Biography

The classic introduction to economic thought, now updated in time for the publication of New Ideas from Dead CEOs\ This entertaining and accessible introduction to the great economic thinkers throughout history? Adam Smith, John Stuart Mill, Karl Marx, John Maynard Keynes, and more-shows how their ideas still apply to our modern world. In this revised edition, renowned economist Todd Buchholz offers an insightful and informed perspective on key economic issues in the new millennium:...

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Featuring brand new sections on the remarkable shifts in the world economy, this economic study is a relevant, entertaining, and fascinating guide for those seeking both a solid lesson on the development of economic theory throughout the past two hundred years and a balanced perspective of our current economic state on the brink of the millennium. By applying age-old economic theories to contemporary issues, Todd Buchholz helps readers to see how the thoughts and writings of the great economists of the past have vital relevance to the dilemmas affecting all our lives today. Library Journal Any book that wants to acquaint the general reader with the history of economic thought must be compared to Robert L. Heilbroner's classic The Worldly Philosophers (S. & S., 1980. 5th ed.). This new book compares most favorably. It is easily accessible to a general audience. Buchholz, a former Harvard economics professor now teaching at the California Western School of Law, is especially strong in discussing the development of economic thought after World War II. Highly recommended for all libraries as an effective and entertaining introduction to economists and their ideas.-- Richard C. Schiming, Mankato State Univ., Minn .

ForewordPreface to the Revised EditionAcknowledgmentsIIntroduction: The Plight of the Economist1IIThe Second Coming of Adam Smith10IIIMalthus: Prophet of Doom and Population Boom42IVDavid Ricardo and the Cry for Free Trade68VThe Stormy Mind of John Stuart Mill91VIThe Angry Oracle Called Karl Marx115VIIAlfred Marshall and the Marginalist Mind147VIIIOld and New Institutionalists175IXKeynes: Bon Vivant as Savior203XThe Monetarist Battle Against Keynes226XIThe Public Choice School: Politics as a Business247XIIThe Wild World of Rational Expectations275XIIIDark Clouds, Silver Linings293Notes303Index325

\ Library JournalAny book that wants to acquaint the general reader with the history of economic thought must be compared to Robert L. Heilbroner's classic The Worldly Philosophers (S. & S., 1980. 5th ed.). This new book compares most favorably. It is easily accessible to a general audience. Buchholz, a former Harvard economics professor now teaching at the California Western School of Law, is especially strong in discussing the development of economic thought after World War II. Highly recommended for all libraries as an effective and entertaining introduction to economists and their ideas.-- Richard C. Schiming, Mankato State Univ., Minn .\ \ \ \ \ BooknewsIntegrates biographical information and explanations of the key ideas of some of the most influential economists of the past. Chapters treat Adam Smith, Malthus, David Ricardo, Marx, John Maynard Keynes, Alfred Marshall, and the Institutionalists. Annotation c. Book News, Inc., Portland, OR (booknews.com)\ \