Tag Archives: modern economics

HBCU Money™ Business Book Feature – The Making of Modern Economics: The Lives and Ideas of Great Thinkers


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Here is a bold history of economics – the dramatic story of how the great economic thinkers built today’s rigorous social science. Noted financial writer and economist Mark Skousen has revised and updated this popular work to provide more material on Adam Smith and Karl Marx, and expanded coverage of Joseph Stiglitz, ‘imperfect’ markets, and behavioral economics.This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues through the present day. The text examines the contributions made by each individual to our understanding of the role of the economist, the science of economics, and economic theory. To make the work more engaging, boxes in each chapter highlight little-known – and often amusing – facts about the economists’ personal lives that affected their work.

HBCU Money™ Business Book Feature – Keynes Hayek: The Clash that Defined Modern Economics


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“In Keynes Hayek Nicholas Wapshott sets himself the formidable task of explaining important and abstruse ideas clearly, reliably and entertainingly. He succeeds well.” The Times Nicholas Wapshott s new book, Keynes Hayek, does an excellent job of setting out the broader history behind this revival of the old debates. Wapshott brings the personalities to life, provides more useful information on the debates than any other source, and miraculously manages to write for both the lay reader and the expert at the same time. Virtually every page is gripping, and yet even the professional economist will glean some insight… –Tyler Cowen “It [Keynes Hayek] harnesses the author’s skills as a journalist in a lucid and accessible introduction to Hayek’s work…Again, the author has done his homework in getting on top of the vast literature about Keynes…” The Guardian “His [Nicholas Wapshott’s] account of the origins and early application of the competing theories is readable, intelligent, and even-handed.” Reuters “I heartily recommend Nicholas Wapshott’s new book, Keynes Hayek: The Clash that Defined Modern Economics… Many books have been written about Keynes, but nobody else has told the story properly of his relationship with Hayek. Nick has filled the gap in splendid fashion, and I defy anybody – Keynesian, Hayekian, or uncommitted – to read his work and not learn something new.” – John Cassidy, The New Yorker