• The Big Three in Economics

  • Adam Smith, Karl Marx, and John Maynard Keynes
  • By: Mark Skousen
  • Narrated by: Jeff Riggenbach
  • Length: 9 hrs and 7 mins
  • Unabridged Audiobook
  • Release date: 04-09-07
  • Language: English
  • Publisher: Blackstone Audio, Inc.
  • 4 out of 5 stars 3.9 (238 ratings)

Regular price: $19.57

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Publisher's Summary

The Big Three in Economics reveals the battle of ideas among 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. History comes alive in this fascinating story of opposing views that continue to play a fundamental role in today's politics and economics. In the 21st century, Adam Smith's "invisible hand" model has gained the upper hand, and capitalism has ultimately won the ideological battle over socialism and interventionism. But even in the era of globalization and privatization, Keynesian and Marxist ideas continue to play a significant role in economic policy in the public and private sectors.
©2007 Mark Skousen (P)2007 Blackstone Audio Inc.
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Critic Reviews

"Thoughtful, acutely observed and profoundly moving....Barker mixes brilliantly observed contemporary realism and mystical overtones with dazzling skill. The book has the grip of a superior thriller while introducing, with no sense of strain, a sense of sorrowful mortality that lingers long after the last page." (Publishers Weekly)
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Customer Reviews

Most Helpful
3 out of 5 stars
By Jan on 05-25-07

Cut and paste

This book is ok. Unfortunately it is pretty much a "cut and paste" book assembeled from his earlier works. Instead of this one, buy "The history of modern economics" by the same author.

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28 of 28 people found this review helpful

2 out of 5 stars
By Elton on 05-10-07

Two for One

If you listened to Skousen's Making of Modern Economics then there really is no reason to pick up this volume. There are whole passages lifted from the prior text and this volume offeres really no new insight. This is more of an abridged version of his earlier volume. There is a lot of really good theory in this book and perhaps a little more focused that the purposely broader volume published earlier. I recommend it for someone who just wants the major thinkers instead of the progression of economic though.

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25 of 25 people found this review helpful

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Customer Reviews

Most Helpful
3 out of 5 stars
By David on 04-30-08

Acceptable but rather partisan coverage

This title includes short biographies of each of the three economists Smith, Marx and Keynes, together with a discussion of the main points of their work and critique of their ideas. It also goes into useful detail about their successors and their historical impact.

Serves as a reasonable introduction to the history of economics for the general reader. There is bias introduced by the author's particular perspective. For example, he devotes a surprising amount of space to a discussion of whether or not Adam Smith was a practicing Christian. The description of Karl Marx is splendidly bitchy: a man described more than once as 'demonic'. He is villified, for example, because his children died in poverty. However, much of the discussion of Marx' work is reasonably unbiased and can be useful. It is obviously a matter of great dismay to the author that John Maynard Keynes described himself as an 'immoralist' and was openly homosexual for part of his life.

A reasonably good read, less impartial than I would have liked, but presents the main economic ideas in an accessible manner.

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17 of 17 people found this review helpful

2 out of 5 stars
By Amazon Customer on 02-28-12

Poorly written - like student notes

Not impressed with this title at all - overly simplistic, historically inaccurate and written in small chunks - pretty much like a students' set of notes from lectures. Not for anyone interested in Economics or the economists in question. I would highly recommend Thomas Sowell's basic economics as it covers the essential points in a far more intelligent & lucid way

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6 of 6 people found this review helpful

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