The Making Of Modern Economics

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The Making of Modern Economics

Mark Skousen
The Making of Modern Economics Book PDF

Author : Mark Skousen
Publisher : Routledge
Page : 770 pages
File Size : 55,7 Mb
Release : 2015-01-28
Category : Business & Economics
ISBN : 9781317455868

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The Making of Modern Economics by Mark Skousen Pdf

Here is a bold 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 and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, '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 through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.

The Making of Modern Economics

Mark Skousen
The Making of Modern Economics Book PDF

Author : Mark Skousen
Publisher : Routledge
Page : 511 pages
File Size : 40,8 Mb
Release : 2022-01-03
Category : Business & Economics
ISBN : 9781000523898

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The Making of Modern Economics by Mark Skousen Pdf

• The book is written in a lively style and includes text boxes highlighting little-known and often amusing facts about these famous economists, all of which add colour to the text • Provides a comprehensive overview of the historical development of economic thought and of its relevance to contemporary policy issues • Offers an Austrian economics perspective, in contrast to the competing textbooks • Updated to cover MMT (modern monetary theory), climate change, the COVID-19 pandemic; minimum wage debates, Schumpeter and socialism, Malthus and immigration, and more

The Making of Modern Economics

Mark Skousen
The Making of Modern Economics Book PDF

Author : Mark Skousen
Publisher : Routledge
Page : 512 pages
File Size : 45,6 Mb
Release : 2015-01-28
Category : Business & Economics
ISBN : 9781317455875

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The Making of Modern Economics by Mark Skousen Pdf

Here is a bold 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 and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, '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 through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.

William Stanley Jevons and the Making of Modern Economics

Harro Maas
William Stanley Jevons and the Making of Modern Economics Book PDF

Author : Harro Maas
Publisher : Cambridge University Press
Page : 364 pages
File Size : 49,7 Mb
Release : 2005-04-04
Category : Business & Economics
ISBN : 0521827124

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William Stanley Jevons and the Making of Modern Economics by Harro Maas Pdf

This book examines William Stanley Jevons's role in revolutionizing nineteenth-century economics.

The Making of Modern Economics

Mark Skousen
The Making of Modern Economics Book PDF

Author : Mark Skousen
Publisher : Sharpe Reference
Page : 512 pages
File Size : 41,9 Mb
Release : 2001
Category : Economics
ISBN : STANFORD:36105110239493

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The Making of Modern Economics by Mark Skousen Pdf

Discusses economists such as Adam Smith, Thomas Malthus, John Stuart Mill, Karl Marx, Irving Fisher, Thorstein Veblen, Frederic Bastiat, Eugen Bohm-Bawerk, Edward A. Chamberlin, John Bates Clark, David Colander, Peter F. Drucker, Frank Fetter, Milton Friedman, John Kenneth Galbraith, Roger B. Garrison, Henry George, Friedrich Hayek, Henry Hazlitt, G.W.F. Hegel, Robert Heilbroner, David Hume, William H. Hutt, William Stanley Jevons, John Maynard Keynes, Frank H. Knight, Alfred Marshall, Jenny Marx, Carl Menger, Ludwig von Mises, Wesley C. Mitchell, Charles Montesquieu, Arthur C. Pigou, Francois Quesnay, David Ricardo, Joan Robinson, Murray N. Rothbard, Paul A. Samuelson, J.-B. Say, Joseph A. Schumpeter, Anna J. Schwartz, Henry C. Simmons, Mark Skousen, Herbert Spencer, George Stigler, Alexis de Toqueville, Leon Walras, Max Weber, Knut Wicksell, Friedrich von Wieser, and others.

Founder of Modern Economics: Paul A. Samuelson

Roger E. Backhouse
Founder of Modern Economics Paul A Samuelson Book PDF

Author : Roger E. Backhouse
Publisher : Oxford University Press
Page : 640 pages
File Size : 54,5 Mb
Release : 2017-04-05
Category : Biography & Autobiography
ISBN : 9780190664114

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Founder of Modern Economics: Paul A. Samuelson by Roger E. Backhouse Pdf

Paul Samuelson was at the heart of a revolution in economics. He was "the foremost academic economist of the 20th century," according to the New York Times, and the first American to win the Nobel Prize in Economics. His work transformed the field of economics and helped give it the theoretical and mathematic rigor that increased its influence in business and policy making. In Founder of Modern Economics, Roger E. Backhouse explores the central importance of Samuelson's personality and social networks to understanding his intellectual development. This is the first of two volumes covering Samuelson's extended and productive life and career. This volume surveys Samuelson's early years growing up in the Midwest to his experiences at the University of Chicago and Harvard University, where leading scholars in economics and other disciplines stimulated and rewarded his curiosity. His thinking was influenced by the natural sciences and he understood that a critical, scientific approach increased insights into important social and economic questions. He realized that these questions could not be answered through rhetorical debate but required rigor. His "eureka" moment came, he said, when "a good fairy whispered to me that math was a skeleton key to solve age old problems in economics." Backhouse traces Samuelson's thinking from his early days to the publication of his groundbreaking book Foundations of Economic Analysis and Economics: An Introductory Analysis, which influenced generations of students. His work set the stage for economics to become a more cohesive and coherent discipline, based on mathematical techniques that provided surprising insights into many important topics, from business cycles to wage and unemployment rates, and from how competition influences trade to how tax rates affects tax collection. Founder of Modern Economics is a profound contribution to understanding how modern economics developed and the thinking of a revolutionary thinker.

Modern Political Economics

Yanis Varoufakis,Joseph Halevi,Nicholas Theocarakis
Modern Political Economics Book PDF

Author : Yanis Varoufakis,Joseph Halevi,Nicholas Theocarakis
Publisher : Routledge
Page : 543 pages
File Size : 54,9 Mb
Release : 2012-03-29
Category : Business & Economics
ISBN : 9781136814747

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Modern Political Economics by Yanis Varoufakis,Joseph Halevi,Nicholas Theocarakis Pdf

Once in a while the world astonishes itself. Anxious incredulity replaces intellectual torpor and a puzzled public strains its antennae in every possible direction, desperately seeking explanations for the causes and nature of what just hit it. 2008 was such a moment. Not only did the financial system collapse, and send the real economy into a tailspin, but it also revealed the great gulf separating economics from a very real capitalism. Modern Political Economics has a single aim: To help readers make sense of how 2008 came about and what the post-2008 world has in store. The book is divided into two parts. The first part delves into every major economic theory, from Aristotle to the present, with a determination to discover clues of what went wrong in 2008. The main finding is that all economic theory is inherently flawed. Any system of ideas whose purpose is to describe capitalism in mathematical or engineering terms leads to inevitable logical inconsistency; an inherent error that stands between us and a decent grasp of capitalist reality. The only scientific truth about capitalism is its radical indeterminacy, a condition which makes it impossible to use science's tools (e.g. calculus and statistics) to second-guess it. The second part casts an attentive eye on the post-war era; on the breeding ground of the Crash of 2008. It distinguishes between two major post-war phases: The Global Plan (1947-1971) and the Global Minotaur (1971-2008). This dynamic new book delves into every major economic theory and maps out meticulously the trajectory that global capitalism followed from post-war almost centrally planned stability, to designed disintegration in the 1970s, to an intentional magnification of unsustainable imbalances in the 1980s and, finally, to the most spectacular privatisation of money in the 1990s and beyond. Modern Political Economics is essential reading for Economics students and anyone seeking a better understanding of the 2008 economic crash.

Keynes Hayek: The Clash that Defined Modern Economics

Nicholas Wapshott
Keynes Hayek The Clash that Defined Modern Economics Book PDF

Author : Nicholas Wapshott
Publisher : W. W. Norton & Company
Page : 400 pages
File Size : 49,7 Mb
Release : 2011-10-11
Category : Business & Economics
ISBN : 9780393083118

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Keynes Hayek: The Clash that Defined Modern Economics by Nicholas Wapshott Pdf

“I defy anybody—Keynesian, Hayekian, or uncommitted—to read [Wapshott’s] work and not learn something new.”—John Cassidy, The New Yorker As the stock market crash of 1929 plunged the world into turmoil, two men emerged with competing claims on how to restore balance to economies gone awry. John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision. From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.

Words, Objects and Events in Economics

Peter Róna,László Zsolnai,Agnieszka Wincewicz-Price
Words Objects and Events in Economics Book PDF

Author : Peter Róna,László Zsolnai,Agnieszka Wincewicz-Price
Publisher : Springer Nature
Page : 236 pages
File Size : 47,7 Mb
Release : 2020-09-03
Category : Philosophy
ISBN : 9783030526733

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Words, Objects and Events in Economics by Peter Róna,László Zsolnai,Agnieszka Wincewicz-Price Pdf

This open access book examines from a variety of perspectives the disappearance of moral content and ethical judgment from the models employed in the formulation of modern economic theory, and some of the papers contain important proposals about how moral judgment could be reintroduced in economic theory. The chapters collected in this volume result from the favorable reception of the first volume of the Virtues in Economics series and represent further contributions to the themes set out in that volume: (i) examining the philosophical and methodological fallacies of this turn in modern economic theory that the removal of the moral motivation of economic agents from modern economic theory has entailed; and (ii) proposing a return descriptive economics as the means with which the moral content of economic life could be restored in economic theory. This book is of interest to researchers and students of the methodology of economics, ethics, philosophers concerned with agency and economists who build economic models that rest in the intention of the agent.

The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes

Mark Skousen
The Big Three in Economics Adam Smith Karl Marx and John Maynard Keynes Book PDF

Author : Mark Skousen
Publisher : Routledge
Page : 293 pages
File Size : 52,5 Mb
Release : 2015-01-28
Category : Business & Economics
ISBN : 9781317458203

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The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes by Mark Skousen Pdf

History comes alive in this fascinating story of opposing views that continue to play a fundamental role in today's politics and economics. "The Big Three in Economics" traces the turbulent lives and battle of ideas of the three most influential economists in world history: Adam Smith, representing laissez faire; Karl Marx, reflecting the radical socialist model; and John Maynard Keynes, symbolizing big government and the welfare state. Each view has had a significant influence on shaping the modern world, and the book traces the development of each philosophy through the eyes of its creator. In the twenty-first century, Adam Smith's "invisible hand" model has gained the upper hand, and capitalism appears to have won the battle of ideas over socialism and interventionism. But author Mark Skousen shows that, even in the era of globalization and privatization, Keynesian and Marxian ideas continue to play a significant role in economic policy.

Economics

The Economist,Richard Davies
Economics Book PDF

Author : The Economist,Richard Davies
Publisher : The Economist
Page : 304 pages
File Size : 54,7 Mb
Release : 2015-10-27
Category : Business & Economics
ISBN : 9781610396165

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Economics by The Economist,Richard Davies Pdf

The world of economics is changing. Years of turmoil in the global economy mean that nothing will ever be quite the same again. This is the starting point and theme of this radically revised Economist books classic, now available for the first time in America. Richard Davies, economics editor of The Economist, takes us on a journey through the paper's own analysis of the state of the world's economies, how we reached this point and what to expect in the next decade. He explores: what's gone wrong since 2008, why it's happened and how we can stop it happening again; the shifting focus of economics from banking to labor economics; the future hopes and challenges for the world economy. Along the way, we encounter the global economy laid bare, from banks, panics, and crashes to innovative new policies to improve how markets function; from discussions around jobs, pay, and inequality to the promise of innovation and productivity; from the implications of emerging markets and the globalisation of trade through to the sharing economy and the economics of Google and eBay. The result is a fascinating review of the global economy and the changing role of economics in the new world order.

The Making of Modern Economics

Mark Skousen
The Making of Modern Economics Book PDF

Author : Mark Skousen
Publisher : M.E. Sharpe
Page : 514 pages
File Size : 48,9 Mb
Release : 2015-05-18
Category : Biography & Autobiography
ISBN : 9780765628275

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The Making of Modern Economics by Mark Skousen Pdf

Here is a bold 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 and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, '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 through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known - and often amusing - facts about the economists' personal lives that affected their work.

Economic Principles

David Warsh
Economic Principles Book PDF

Author : David Warsh
Publisher : Simon and Schuster
Page : 525 pages
File Size : 42,9 Mb
Release : 2010-06-15
Category : Business & Economics
ISBN : 1451602561

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Economic Principles by David Warsh Pdf

For nearly ten years, readers of the Sunday Boston Globe and newspapers around America have delighted in David Warsh's column, "Economic Principals." This collection shows why. Taken as a whole, Warsh's writings amount to a vast and colorful group portrait of the personalities who dominate modem economics -- from the luminaries to unknown soldiers to eccentrics who add sparkle to the tapestry. Partly a history of controversies in economics, partly an essay on the evolution of the field, Economic Principals offers a glimpse of one of the most important stories of our time: the metamorphosis of a priestly class of moral philosophers into the mathematical mandarins of today, whose ideas are reshaping society even as they reveal its workings in ever more subtle detail. Warsh first recounts the rise of the economic paradigm, deftly treating the rediscovery of Adam Smith and the centrality of markets. He then turns to the generation of economists for whom the Nobel Prize was created in 1969, the men who forged the modern field in a few years during and after World War II. Some, like Paul Samuelson and Milton Friedman, are well known to the public; others, like Trygvie Haavelmo and George Dantzig, are less quickly recognized. But all have interesting stories which Warsh brings to light. Tracing the high tech revolution to the current generation, he sketches younger scholars such as Jeffrey Sachs, Martin Feldstein, and others less popularly known, who rule the field today. Marking the most powerful applications of modern economics, Warsh explains how the ingenious "rocket scientists" of Wall Street are creating new markets and the business school wizards and leading corporate executives are reinventing the organization. Finally, in exploring the implications of modern economics, Warsh introduces us to scholars operating on the boundaries of the field, from Jane Jacobs to Noam Chomsky, and to the critics, like Donald McCloskey and Robert Reich, who have brought a bit of moral philosophy back into the economist's brave new world. At every step, Warsh maps the field with the journalist's eye for detail. Readers will see why he is considered one of the most consistently stimulating economic journalists in America today.

Making a Modern Central Bank

Harold James
Making a Modern Central Bank Book PDF

Author : Harold James
Publisher : Cambridge University Press
Page : 569 pages
File Size : 50,8 Mb
Release : 2020-09-17
Category : Business & Economics
ISBN : 9781108835015

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Making a Modern Central Bank by Harold James Pdf

This authoritative guide to the transformation of the Bank of England into a modern inflation-targeting independent central bank examines a revolution in monetary and economic policy and the modernization of British institutions in the late twentieth century.

The Big Three in Economics

Mark Skousen
The Big Three in Economics Book PDF

Author : Mark Skousen
Publisher : M.E. Sharpe
Page : 238 pages
File Size : 44,5 Mb
Release : 2007
Category : Biography & Autobiography
ISBN : 0765622165

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The Big Three in Economics by Mark Skousen Pdf

History comes alive in this fascinating story of opposing views that continue to play a fundamental role in today's politics and economics. The Big Three in Economics traces the turbulent lives and battle of ideas of the three most influential economists in world history: Adam Smith, representing laissez faire; Karl Marx, reflecting the radical socialist model; and John Maynard Keynes, symbolizing big government and the welfare state.