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

By Mark Skousen
Read by Patrick Cullen

19.82 Hours 08/01/2002 unabridged
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This bold history of economics tells the dramatic story of how the great economic thinkers built a rigorous social science without peer. Unlike other economics histories, Skousen’s book provides a running plot with a singular heroic figure, Adam Smith, at the center of the discipline. Skousen unites the great thinkers by ranking them for or against Adam Smith and his “system of natural liberty.” He shows how Karl Marx, Thorstein Veblen, John Maynard Keynes, and even laissez-faire disciples Robert Malthus and David Ricardo detracted from Adam Smith’s classical model of democratic capitalism, while Alfred Marshall, Irving Fisher, Ludwig von Mises, and Milton Friedman, among others, remodeled and improved upon Smithian economics. Highlights include humorous anecdotes and exciting new revelations about the lives of the great economists.

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Summary

Summary

Winner of the Choice Award for Outstanding Academic Title

This bold history of economics tells the dramatic story of how the great economic thinkers built a rigorous social science without peer. Unlike other economics histories, Skousen’s book provides a running plot with a singular heroic figure, Adam Smith, at the center of the discipline. Skousen unites the great thinkers by ranking them for or against Adam Smith and his “system of natural liberty.” He shows how Karl Marx, Thorstein Veblen, John Maynard Keynes, and even laissez-faire disciples Robert Malthus and David Ricardo detracted from Adam Smith’s classical model of democratic capitalism, while Alfred Marshall, Irving Fisher, Ludwig von Mises, and Milton Friedman, among others, remodeled and improved upon Smithian economics. Highlights include humorous anecdotes and exciting new revelations about the lives of the great economists.

Editorial Reviews

Editorial Reviews

“With a supreme, lively blend of economics and sociology of economics, Skousen has magnificently managed to put flesh, blood, and DNA on the skeleton of economics in this survey of great economic thinkers…His new work is must reading for economists who want to acquire professional depth and richness. Summing up: essential.” Choice (4-star review)
“A reference bible...What an absolutely ideal gift for college students.” National Review
“Examines the contributions made by each thinker to the role of economist, the science of economics, and economic theory overall.” Booknews
“A story rarely told…It’s unputdownable!” Mark Blaug, author of Economic Theory in Retrospect
“One of the most original books ever published in economics.” Richard Swedberg, author of Schumpeter: A Biography
“Provocative, engaging, anything but dismal!” N. Gregory Mankiw, Harvard University
“Irreverent, passionate, entertaining, sometimes mischievous, like the author himself!” David Colander, coauthor of The Making of an Economist

Reviews

Reviews

Author

Author Bio: Mark Skousen

Mark Skousen, PhD, holds the Benjamin Franklin Chair of Management at Grantham University, has taught economics and finance at Columbia University, and is editor of Forecasts & Strategies, an award-winning investment newsletter. 

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Details

Details

Available Formats : Digital Download, Digital Rental, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 19.82
Audience: Adult
Language: English