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

Product Description [Audio CD-LIBRARY EDITION in vinyl case.]{*SECOND EDITION} Here is a bold, updated history of economics the dramatic story of how the great economic thinkers built today's rigorous social science. Noted financial writer and economist Mark Skousen has revised this popular work to provide more on Adam Smith, Karl Marx, and Joseph Stiglitz and on "imperfect" markets and behavioral economics. This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues to the present day, examining the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. Included are highlights of little-known facts about the economists' personal lives that affected their work. Review ''THE MAKING OF MODERN ECONOMICS is a reference bible. What an absolutely ideal gift for college students.'' --The National Review''Both fascinating and infuriating...enaging, readable, colorful...credulous, disingenuous, and tendentious.'' --Foreign Affairs''A story rarely told...It's unputdownable!'' --Mark Blaug, author of Economic Theory in Retrospect''Provocative, engaging, anything but dismal!'' --N. Gregory Mankiw, Harvard University''Examines the contributions made by each thinker to the role of economist, the science of economics, and economic theory overall.'' --Booknews About the Author MARK SKOUSEN is known as the maverick of economics for his contrarian and optimistic views as well as his sometimes outrageous statements and predictions. He is a college professor, prolific author, and world-renowned speaker.