The Making of Modern Economics

  • by Mark Skousen
  • Narrated by Patrick Cullen
  • 19 hrs and 32 mins
  • Unabridged Audiobook

Publisher's Summary

Here is a bold new history of economics, the dramatic story of how the great economic thinkers built a rigorous social science without peer. Unlike other histories of economics, Mark 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 during periods of economic failure and upheaval, while Alfred Marshall, Irving Fisher, Ludwig von Mises, and Milton Friedman, among others, remodeled and improved upon Smithian economics as the world economy recovered and prospered.
Highlights include exciting new revelations about the lives of the great economists, provocative sidelights, humorous anecdotes, and even musical selections reflecting the spirit of each major economist.

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Customer Reviews

Most Helpful

Interesting & Enjoyable Read

One of my two favorite audio books. It is filled with interesting facts presented in a logical sequence. The narrator is very easy to listen to. The book puts major economic thoughts into perspective with each other, primarily with respect to Adam Smith and free market theory. A few odd facts about economists are sprinkled in here & there.

I listen to this book quite often -- I just start at a random point & go from there.
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- Brad Beatty

Fair Review of the Men Behind Modern Economics

Mark Skousen does an excellent job of bringing the history of economics to life. He weaves the lives of these great thinkers together in such an entertaining way that you don't even realize that you are listening to economics. He helps you to understand the theorists by sharing with you their personal histories. This was a great listen. I thoroughly enjoyed it.
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- David

Book Details

  • Release Date: 05-20-2004
  • Publisher: Blackstone Audio, Inc.