The Making of Modern Economics: The Lives and Ideas of the Great Thinkers
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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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Mark Skousen is an investment expert, economist, university professor, and author of more than twenty-five books. He earned his PhD in monetary economics at George Washington University in 1977. He has taught economics and finance at Columbia Business School, Columbia University, Grantham University, Barnard College, Mercy College, and Rollins College. He is a presidential fellow and Doti-Spogli Endowed Chair of Free Enterprise at Chapman University.
