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

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


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New Ideas from Dead Economists: An Introduction to Modern Economic Thought by Todd G. Buchholz

"If you read only one economics book this year, read this one.”—Larry Summers, Secretary of the Treasury for President Clinton, Director of the National Economic Council for President Obama

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: increasing demand for energy, the rise of China, international trade, aging populations, health care, and the effects of global warming. New Ideas from Dead Economists is a fascinating guide to understanding both the evolution of economic theory and our complex contemporary economy.

Product Details

ISBN-13: 9780452288447
Publisher: Penguin Publishing Group
Publication date: 04/06/2007
Edition description: Revised
Pages: 368
Sales rank: 150,988
Product dimensions: 5.31(w) x 8.00(h) x 0.70(d)
Age Range: 18 Years

About 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   Martin Feldstein     vii
Preface to the Revised Edition     xi
Acknowledgments     xix
Introduction: The Plight of the Economist     1
The Second Coming of Adam Smith     10
Malthus: Prophet of Doom and Population Boom     43
David Ricardo and the Cry for Free Trade     69
The Stormy Mind of John Stuart Mill     92
The Angry Oracle Called Karl Marx     116
Alfred Marshall and the Marginalist Mind     148
Old and New Institutionalists     176
Keynes: Bon Vivant as Savior     206
Milton Friedman and the Monetarist Battle Against Keynes     229
The Public Choice School: Politics as a Business     253
The Wild World of Rational Expectations and Behavioral Economics     283
Dark Clouds, Silver Linings     304
Notes     314
Index     337

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New Ideas from Dead Economists: An Introduction to Modern Economic Thought 4.5 out of 5 based on 0 ratings. 2 reviews.
UTCheadle More than 1 year ago
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.
Anonymous More than 1 year ago