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

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

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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Overview

"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

A must-read for students of economics, New Ideas from Dead Economists offers an entertaining and accessible introduction to the great economic thingers throughout history.

Through the teachings of Adam Smith, John Stuart Mill, Karl Marx, John Maynard Keynes, and more, renowned economist Todd Buchholz shows how these age-old ideas still apply to our modern world. In this revised edition, 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: 273,618
Product dimensions: 5.25(w) x 8.00(h) x 0.75(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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