The Making of Modern Economics: The Lives and Ideas of the Great Thinkers
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Now updated to include more information on Adam Smith, Karl Marx, Joseph Stglitz, imperfect markets, and behavioral economics, Mark Skousen's popular work provides an accessible introduction to the major economic thinkers of the past 225 years--including little-known and often amusing facts about their personal lives. Booknews Proclaiming that "it all started with Adam," Skousen runs through the history of Western economics by ranking thinkers from Say and Bastiat to Milton Friedman against Adam Smith and his "system of natural liberty." Rather than reeling out a dry history of the dismal science, Skousen (Rollins College, Winter Park, FL)an enthusiastically partisan free-marketeertells this as a running narrative, with the heroic figure of Smith at its center. (He even provides notes on the background music appropriate for each chapter; Smith's own story gets Copland's "Fanfare for the Common Man.") His history examines the contributions made by each thinker to the role of economist, the science of economics, and economic theory overall. Annotation c. Book News, Inc., Portland, OR (booknews.com)
List of Figures, Illustrations, Photographs, and TablesAcknowledgmentsIntroduction1It All Started with Adam132The French Connection: Laissez Faire Avance!453The Irreverent Malthus Challenges the New Model of Prosperity674Tricky Ricardo Takes Economics Down a Dangerous Road915Milling Around: John Stuart Mill and the Socialists Search for Utopia1156Marx Madness Plunges Economics into a New Dark Age1317Out of the Blue Danube: Menger and the Ausrians Reverse the Tide1678Marshalling the Troops: Scientific Economics Comes of Age1939Go West, Young Man: Americans Solve the Distribution Problem in Economics22310The Conspicuous Veblen Versus the Protesting Weber: Two Critics Debate the Meaning of Capitalism24311The Fisher King Tries to Catch the Missing Link in Macroeconomics26712The Missing Mises: Mises (and Wicksell) Make a Major Breakthrough28513The Keynes Mutiny: Capitalism Faces Its Greatest Challenge31914Paul Raises the Keynesian Cross: Samuelson and Modern Economics35115Milton's Paradise: Friedman Leads a Monetary Counterrevolution37916The Creative Destruction of Socialism: The Dark Vision of Joseph Schumpeter41317Dr. Smith Goes to Washington: The Triumph of Market Economics431Index459About the Author487
