The Making of Modern Economics: The Lives and Ideas of the Great Thinkers / Edition 1

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Overview

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.
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Editorial Reviews

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-marketeer<-->tells 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)
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Product Details

  • ISBN-13: 9780765604804
  • Publisher: Sharpe, M. E. Inc.
  • Publication date: 3/6/2001
  • Edition description: Older Edition
  • Edition number: 1
  • Pages: 504
  • Product dimensions: 6.58 (w) x 9.30 (h) x 0.96 (d)

Table of Contents

List of Figures, Illustrations, Photographs, and Tables
Acknowledgments
Introduction
1 It All Started with Adam 13
2 The French Connection: Laissez Faire Avance! 45
3 The Irreverent Malthus Challenges the New Model of Prosperity 67
4 Tricky Ricardo Takes Economics Down a Dangerous Road 91
5 Milling Around: John Stuart Mill and the Socialists Search for Utopia 115
6 Marx Madness Plunges Economics into a New Dark Age 131
7 Out of the Blue Danube: Menger and the Ausrians Reverse the Tide 167
8 Marshalling the Troops: Scientific Economics Comes of Age 193
9 Go West, Young Man: Americans Solve the Distribution Problem in Economics 223
10 The Conspicuous Veblen Versus the Protesting Weber: Two Critics Debate the Meaning of Capitalism 243
11 The Fisher King Tries to Catch the Missing Link in Macroeconomics 267
12 The Missing Mises: Mises (and Wicksell) Make a Major Breakthrough 285
13 The Keynes Mutiny: Capitalism Faces Its Greatest Challenge 319
14 Paul Raises the Keynesian Cross: Samuelson and Modern Economics 351
15 Milton's Paradise: Friedman Leads a Monetary Counterrevolution 379
16 The Creative Destruction of Socialism: The Dark Vision of Joseph Schumpeter 413
17 Dr. Smith Goes to Washington: The Triumph of Market Economics 431
Index 459
About the Author 487
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