Fusfeld's clear writing style and explanations make The Age of the Economist accessible to, and appropriate for economists and non-economists alike. Intended for many introductory courses, this short text chronicles the development of modern economics through discussions of the major schools of thought and through biographical sketches of key figures. It demonstrates the relevance of basic economic ideas to the great debates of our own times, and it emphasizes how events, ideologies, and changing economic institutions influence the relationship between economic theory and policy. The ninth edition has been updated throughout, and chapter 15, "The New Economy," brings readers to the 21st century through a discussion of technology, free trade, and globalization.
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12 of 12 people found the following review helpful:
4.0 out of 5 stars
Neat Little Introduction,
By Edward Mariyani-Squire (Sydney, Australia) - See all my reviews
This review is from: The Age of the Economist (Paperback)
The history of economic thought has its fair share of textbooks that cater for introductory studies. Fusfeld's "The Age of the Economist" is one of these texts. Certainly, it is a close substitute for Robert Heilbroner's world-conquering "The Worldly Philosophers". Though not quite as good as Heilbroner in the story-telling department, Fusfeld is better in the area of breadth. "The Age of the Economist" covers a wider range of thinkers right up to the present. Also following Heilbroner, it makes an admirable attempt at fusing together the intellectual, sociological and economic influences shaping the thought of various individuals, schools and movements through time. This is a difficult, but essential task to perform in an introductory text, not least because it impresses upon the uninitiated the importance of taking account of the many and various influences upon the history of economic thought. This is something that is, sadly and, in my opinion, inexcusably neglected in more advanced texts. (Such texts should be properly entitled "Histories of Economic THEORY" rather than "Histories of Economic THOUGHT".) Anyway, Fusfeld does a good job in crafting an introductory history of economic thought text and includes a valuable bibliographical essay, thus enabling the curious reader to delve into the subject in greater depth.
5.0 out of 5 stars
Excellent introductory account of the history of economic thought,
By Edward Mariyani-Squire (Sydney, Australia) - See all my reviews
This review is from: Age of the Economist, The (9th Edition) (Paperback)
The history of economic thought has its fair share of textbooks that cater for introductory studies. Fusfeld's "The Age of the Economist" is one of these texts. Certainly, it is a close substitute for Robert Heilbroner's world-conquering "The Worldly Philosophers". Though not quite as good as Heilbroner in the story-telling department, Fusfeld is better in the area of breadth. "The Age of the Economist" covers a wider range of thinkers right up to the present. Also following Heilbroner, it makes an admirable attempt at fusing together the intellectual, sociological and economic influences shaping the thought of various individuals, schools and movements through time. This is a difficult, but essential task to perform in an introductory text, not least because it impresses upon the uninitiated the importance of taking account of the many and various influences upon the history of economic thought. This is something that is, sadly and, in my opinion, inexcusably neglected in more advanced texts. (Such texts should be properly entitled "Histories of Economic THEORY" rather than "Histories of Economic THOUGHT".) Anyway, Fusfeld does a good job in crafting an introductory history of economic thought text and includes a valuable bibliographical essay, thus enabling the curious reader to delve into the subject in greater depth.
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