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

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Overview

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.

The author examines the achievements of the outstanding ecomomists of the past 200 years and relates their theories to current issues.

Editorial Reviews

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 .
Booknews
Integrates 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)

Product Details

  • ISBN-13: 9780452288447
  • Publisher: Penguin Group (USA) Incorporated
  • Publication date: 4/6/2007
  • Edition description: Revised
  • Edition number: 2
  • Pages: 368
  • Sales rank: 127,195
  • Product dimensions: 5.40 (w) x 7.98 (h) x 0.81 (d)

Meet the Author

Todd G. Buchholz is an internationally acclaimed economist who advises ABC News, as well as some of the world's leading investment funds. He has served as a director of economic policy at the White House and is a contribuiting editor for Worth magazine. Buchholz holds advanced degrees from Cambridge University and Harvard Law School and was awarded the Allyn Young Teaching Prize by Harvard University's Department of Economics.

Table of Contents

Foreword
Preface to the Revised Edition
Acknowledgments
I Introduction: The Plight of the Economist 1
II The Second Coming of Adam Smith 10
III Malthus: Prophet of Doom and Population Boom 42
IV David Ricardo and the Cry for Free Trade 68
V The Stormy Mind of John Stuart Mill 91
VI The Angry Oracle Called Karl Marx 115
VII Alfred Marshall and the Marginalist Mind 147
VIII Old and New Institutionalists 175
IX Keynes: Bon Vivant as Savior 203
X The Monetarist Battle Against Keynes 226
XI The Public Choice School: Politics as a Business 247
XII The Wild World of Rational Expectations 275
XIII Dark Clouds, Silver Linings 293
Notes 303
Index 325

Customer Reviews

Average Rating 4.5
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Sort by: Showing all of 5 Customer Reviews
  • Posted February 21, 2010

    I Also Recommend:

    Dead Economists still relevant

    This book is extremely well written and elucidating with regard to the influencers on today's economists and financial policy. From Paine and Malthus to Keynes and Friedman, the myriad reasons for economic tinkering (or not), profit maximization and production optimization is covered in a easy to understand and compelling manner. Objective, comprehensive (to 2007) and relevant - this book is a must for micro-economic theorists and students.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted August 2, 2002

    Great book!!

    This is by far the best economics book I have ever read, it should be a must for every freshman econ class. Very easy to read with plenty of relevant information. Helps readers understand basic concepts with good examples.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted February 27, 2001

    Excellent Introduction to the Evolution of Economic Ideas

    Very enjoyable, easy to read, even occassionally funny, introduction to some of history's most prominent economists beginning with Adam Smith. This book blends biographical information about the selected economists with clear, easy to understand explanations of some of their most important contributions to economic science.

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  • Anonymous

    Posted November 2, 2008

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  • Anonymous

    Posted July 12, 2009

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