• The Making of Modern Economics

  • The Lives and Ideas of the Great Thinkers, Second Edition
  • By: Mark Skousen
  • Narrated by: William Hughes
  • Length: 20 hrs and 47 mins
  • Unabridged Audiobook
  • Release date: 09-11-09
  • Language: English
  • Publisher: Blackstone Audio, Inc.
  • 4 out of 5 stars 3.9 (114 ratings)

Regular price: $28.32

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Publisher's Summary

Here is a bold, new account of the lives and ideas of the great economists - Adam Smith, Karl Marx, John Maynard Keynes, Ludwig von Mises, Milton Friedman, and many others - all written by a top free-market economist and presented in an entertaining and persuasive style. Professor Mark Skousen tells a powerful story of economics with dozens of anecdotes of the great economic thinkers.
©2009 Mark Skousen (P)2009 Blackstone Audio, Inc.
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Critic Reviews

"Both fascinating and infuriating...enaging, readable, colorful...credulous, disingenuous, and tendentious." ( Foreign Affairs)
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Customer Reviews

Most Helpful
5 out of 5 stars
By Jeff on 10-08-14

Don't Let the Author's Bias Scare You Away!

Mr Skousen brings us a solid, comprehensive and thoroughly entertaining history of modern economic thought from Adam Smith to the present day. Skousen succeeds wildly in making esoteric economic theories accesible, and draws in the reader/listener with quirky stories about each of the economists: Why did Adam Smith Burn all of his clothes? What was the story behind J.M Keynes's hand fetish? Who fathered Marx's housemaids child? These are just a few of the high points of this work.

Admitedly, Skousen is strongy biassed towards a Neo-Classical/Austrian viewpoint, and holds some quesitonable ideas, but don't let that turn you away! The author does a great job explaining each Economists viewpoint in a clear, concise, logical way; I was even able to get a good handle on some of Marx's important formulas from Kapital while driving on the freeway. This book is that good! Skousen is very careful to completely present each Economist's bio and arguments first and only then move on to a critique on their more questionable assumptions.

In regards to the narrator, I have no idea what the other reviewer is talking about. Hughes speaks clearly, pronounces German and French words well ans seems honestly excited in his narration. In fact, to me he seemed so excited that I initially thought it was the author narrating his own book.

Overall, having listened to some of Sowell's audiobooks and a few of the great courses on Economics, I have to say that this is the best choice on Audible to get readers excited about Economics. Well worth the credit!

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9 of 10 people found this review helpful

2 out of 5 stars
By Maxwell on 06-09-17

A Libertarian Economist Rant!

Author uses descriptors like "good" and "bad" to describe ideas in a way I find obnoxious. I was looking for more of an even handed overview. The bias was extreme. The first couple chapters were good but I couldn't finish the whole audio-book.

I think the title and description of the book misrepresented the subject. I thought I would be more of a survey of early economists and their ideas. But it turned out to be Mr Skousen glorifying some economists and savagely attacking those he disagreed with. Ok, I get it. You don't like Marx. Not as a writer, thinker, not as a person. And you look down on your students if they show interest in Marx. Ok, cool down. Be prepared for several chapters on this subject. It seemed a large part of the book is devoted to this. More than about Smith, perhaps.

I should have researched the author more. He is pretty far out there, friend of Rudy Giuliani. Recommended by the Ayn Rand Institute.

I am enjoying "Economics" from Timothy Taylor of the Great Courses on Audible.

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1 of 1 people found this review helpful

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Customer Reviews

Most Helpful
1 out of 5 stars
By Annika on 03-29-13

To be avoided!

This book is for those with absolutely no knowledge of economics only. Overly simplified , often misleading and sometimes downright wrong. One can only hope that Audible will soon present a serious title covering the history of economics instead of this 'children's book'.

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4 of 5 people found this review helpful

4 out of 5 stars
By Rob on 04-13-13

Useful and entertaining

I was looking for a grounding in economic thinking that wasn’t just a textbook and this seemed to fit the bill. It is unsurprisingly pro free-market and the author makes no bones about his libertarian sympathies and admiration for the Austrian school. But this did not bother me as I have other sources for liberal Keynesian and socialist apologists. The Narrator does a pretty good job of bringing life to what is still quite a dry subject matter. I found this book quite useful and informative but I should add I am relatively new to the technicalities of economics.

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1 of 1 people found this review helpful

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Customer Reviews

Most Helpful
5 out of 5 stars
By John on 12-25-17

a great history

awesome book I loved it and its a foundational pointer to further research. Highly recommended

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