Authors: Todd G. Buchholz, Martin Feldstein
ISBN-13: 9780452288447, ISBN-10: 0452288444
Format: Paperback
Publisher: Penguin Group (USA) Incorporated
Date Published: April 2007
Edition: Revised
TODD BUCHHOLZ is an internationally acclaimed economist and author. He served as director of economic policy at the White House and is a contributing editor at Worth magazine. He taught economics at Harvard, and holds advanced degrees in economics and law from Cambridge and Harvard. His writing has appeared in the Wall Street Journal, the New York Times, and Forbes, and is the author of New Ideas from Dead CEOs (May 2007).
Featuring brand new sections on the remarkable shifts in the world economy, this economic study is a relevant, entertaining, and fascinating guide for those seeking both a solid lesson on the development of economic theory throughout the past two hundred years and a balanced perspective of our current economic state on the brink of the millennium. By applying age-old economic theories to contemporary issues, Todd Buchholz helps readers to see how the thoughts and writings of the great economists of the past have vital relevance to the dilemmas affecting all our lives today.
Any book that wants to acquaint the general reader with the history of economic thought must be compared to Robert L. Heilbroner's classic The Worldly Philosophers (S. & S., 1980. 5th ed.). This new book compares most favorably. It is easily accessible to a general audience. Buchholz, a former Harvard economics professor now teaching at the California Western School of Law, is especially strong in discussing the development of economic thought after World War II. Highly recommended for all libraries as an effective and entertaining introduction to economists and their ideas.-- Richard C. Schiming, Mankato State Univ., Minn .
Foreword | ||
Preface to the Revised Edition | ||
Acknowledgments | ||
I | Introduction: The Plight of the Economist | 1 |
II | The Second Coming of Adam Smith | 10 |
III | Malthus: Prophet of Doom and Population Boom | 42 |
IV | David Ricardo and the Cry for Free Trade | 68 |
V | The Stormy Mind of John Stuart Mill | 91 |
VI | The Angry Oracle Called Karl Marx | 115 |
VII | Alfred Marshall and the Marginalist Mind | 147 |
VIII | Old and New Institutionalists | 175 |
IX | Keynes: Bon Vivant as Savior | 203 |
X | The Monetarist Battle Against Keynes | 226 |
XI | The Public Choice School: Politics as a Business | 247 |
XII | The Wild World of Rational Expectations | 275 |
XIII | Dark Clouds, Silver Linings | 293 |
Notes | 303 | |
Index | 325 |