- Hardcover: 512 pages
- Publisher: Routledge; 2 edition (February 15, 2009)
- Language: English
- ISBN-10: 0765622262
- ISBN-13: 978-0765622266
- Product Dimensions: 6 x 1.1 x 9 inches
- Shipping Weight: 1.9 pounds (View shipping rates and policies)
- Average Customer Review: 4.5 out of 5 stars See all reviews (21 customer reviews)
- Amazon Best Sellers Rank: #846,360 in Books (See Top 100 in Books)
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The Making of Modern Economics: The Lives and Ideas of the Great Thinkers, 2nd Edition 2nd Edition
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"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 **** --Four Star Review from CHOICE, June 2009
About the Author
Mark Skousen has taught economics and finance at Rollins College since 1986. He earned his Ph.D. in economics from George Washington University in 1977. His books include "The Structure of Production," "Economics on Trial," and "Puzzles and Paradoxes in Economics." He is also the editor of "Forecasts and Strategies," a monthly investment newsletter, and a columnist for "Forbes" magazine.
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Top Customer Reviews
I am someone who came late to finding economics interesting. Having got to that point, I was the proverbial blind man walking around the proverbial elephant, trying to figure out what it is by feeling the trunk or the leg. A bit of Keynes and a bit of Friedman. I needed a map (excuse the mixed metaphors). This book is a wonderful map. How do Smith & Ricardo and Say and Menger and von Mises all fit together, and how did the thinking evolve? And even more relevant: when a politician advocates an economic program, how do I form an opinion for or against? As a non-economist, this book has given me traction on answering that question. So now Bohm-Bawerk is sitting on my bookshelf alongside Rothbard and Keynes, ready for the deeper dive. I know where my opinions fit (for now) in the spectrum from Marx to von Mises.
My thanks to Mark Skousen. I am now reading his "The Structure of Production" - equally fascinating.
Economists discussed include: Adam Smith [1723-1790], Jean-Baptiste Say [1767-1832], Frédéric Bastiat [1801-1850], Robert Thomas Malthus [1766-1834], David Ricardo [1772-1823], John Stuart Mill [1806-1873], Jeremy Bentham [1748-1832], Karl Marx [1818-1883], Carl Menger [1840-1921], Eugen Böhm-Bawerk [1851-1914], Alfred Marshall [1842-1924], William Stanley Jevons [1835-1882], Léon Walras [1834-1910], Vilfredo Pareto [1848-1923], Francis Y. Edgeworth [1845-1926], Henry George [1839-1897], John Bates Clark [1847-1938], Frank A. Fetter [1863-1949], Thorstein Veblen [1857-1929], Max Weber [1864-1920], Irving Fisher [1867-1947], Ludwig von Mises [1881-1973], Friedrich A. Hayek [1889-1992], John Maynard Keynes [1883-1946], Paul Samuelson [1915- xxxx], Murray Rothbard [1928-1995], Milton Friedman [1912-2006], and Joseph Schumpeter [1883-1950].
Books mentioned in the text include:
1714 – Bernard Mandeville – The Fable of the Bees
1755 – Richard Cantillon – Essay on the Nature of Commerce in General
1759 – Adam Smith – The Theory of Moral Sentiments
1766 – Jacques Tugot – Reflections on the Formation and Distribution of Wealth
1776 – Etienne Bonnot de Condillac – Commerce and Government
^^^^ – Adam Smith – An Inquiry into the Nature and Causes of the Wealth of Nations
1789 – Jeremy Bentham – Introduction to the Principles of Morals and Legislation
1798 – Robert Thomas Malthus – An Essay on the Principles of Population
1803 – Jean-Baptiste Say – A Treatise on Political Economy
1817 – David Ricardo – On the Principles of Political Economy and Taxation
1844 – John Stuart Mill – Essays on Some Unsettled Questions of Political Economy
1848 – John Stuart Mill – Principles of Political Economy
^^^^ – Alexis de Tocqueville – Democracy in America
^^^^ – Karl Marx & Friedrich Engels – The Communist Manifesto
1850 – Frédéric Bastiat – The Law
1859 – John Stuart Mill – On Liberty
1867 – Karl Marx – Capital
1871 – Carl Menger – Principles of Economics
^^^^ – William Stanley Jevons – The Theory of Political Economy
1874 – Léon Walras – Elements of Economics [part 1]
1877 – Léon Walras – Elements of Economics [part 2]
1879 – Henry George – Progress and Poverty
1881 – Francis Y. Edgeworth – Mathematical Psychics
1884 – Eugen Böhm-Bawerk – Capital and Interest
^^^^ – Eugen Böhm-Bawerk – The Positive Theory of Capital
^^^^ – Herbert Spencer – Man versus the State
1890 – Alfred Marshall – Principles of Economics
1898 – Eugen Böhm-Bawerk – Karl Marx and the Close of His System
^^^^ – Knut Wicksell – Interest and Prices
1899 – Thorstein Veblen – The Theory of the Leisure Class
^^^^ – John Bates Clark – The Distribution of Wealth
1904 – Max Weber – The Protestant Ethic and the Spirit of Capitalism [part 1]
1905 – Max Weber – The Protestant Ethic and the Spirit of Capitalism [part 2]
1911 – Irving Fisher – The Purchasing Power of Money
1912 – Ludwig von Mises – The Theory of Money and Credit
^^^^ – Joseph A. Schumpeter – Theory of Economic Development
1914 – John Bates Clark – Social Justice without Socialism
1916 – Vilfredo Pareto – The Mind and Society
1920 – John Maynard Keynes – The Economic Consequences of the Peace
1921 – Thorstein Veblen – The Engineers and the Price System
1922 – Ludwig von Mises – Socialism
1923 – John Maynard Keynes – A Tract on Monetary Reform
1930 – John Maynard Keynes – A Treatise on Money
1933 – Joan V. Robinson – Economics of Imperfect Competition
^^^^ – Edward Chamberlin – The Theory of Monopolistic Competition
1934 – Lionel Robbins – The Great Depression
1935 – Friedrich A. Hayek – Prices and Production
1936 – John Maynard Keynes – The General Theory of Employment, Interest and Money
1937 – Arthur Pigou – Socialism versus Capitalism
1942 – Joseph A. Schumpeter – Capitalism, Socialism and Democracy
1944 – Friedrich A. Hayek – The Road to Serfdom
1946 – Henry Hazlitt – Economics in One Lesson
1947 – Frederick Winslow Taylor – The Principles of Scientific Management
^^^^ – Paul Samuelson – Foundations of Economic Analysis
1948 – Paul Samuelson – Economics
1949 – Ludwig von Mises – Human Action
1953 – Robert Heilbroner – The Worldly Philosophers
1954 – Joseph A. Schumpeter – History of Economic Analysis
1957 – Milton Friedman – A Theory of the Consumption Function
1958 – Richard A. Musgrave – Public Finance in Theory and Practice
1959 – Milton Friedman – A Program for Monetary Stability
^^^^ – Henry Hazlitt – Failure of the “New Economics”
1960 – Friedrich A. Hayek – The Constitution of Liberty
1962 – James M. Buchanan & Gordon Tullock – The Calculus of Consent
^^^^ – Milton Friedman – Capitalism and Freedom
^^^^ – Murray Rothbard – Man, Economy and State
1963 – Murray Rothbard – America’s Great Depression
^^^^ – Milton Friedman & Anna J. Schwartz – A Monetary History of the United States, 1867-1960
1969 – Peter F. Drucker – The Age of Discontinuity
Far from being a dry text, it puts the economic concepts and economists in their historical context. The concepts and their relative merits are discussed in some detail but as a reader you do get regular breaks as you are introduced to the players and learn about their lives
If you are curious about economics; if you would like to better understand the principles that underlie many of today's public policy debates and you enjoy reading history or biographies, this is a book that you will find to be entertaining and rewarding.
Never have i looked so eagerly to finish any book.
This book is the most interesting, and most informative of all economics books i have read, put together.
It is eminently simple, fun and is filled with dry wit and sarcasm many a time.
I hope they make it a text book, as students would love this.
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