New Ideas from Dead Economists: An Introduction to Modern Economic Thought"If you read only one economics book this year, read this one.”—Larry Summers, Secretary of the Treasury for President Clinton, Director of the National Economic Council for President Obama A must-read for students of economics, New Ideas from Dead Economists offers an entertaining and accessible introduction to the great economic thingers throughout history. Through the teachings of Adam Smith, John Stuart Mill, Karl Marx, John Maynard Keynes, and more, renowned economist Todd Buchholz shows how these age-old ideas still apply to our modern world. In this revised edition, Buchholz offers an insightful and informed perspective on key economic issues in the new millennium: increasing demand for energy, the rise of China, international trade, aging populations, health care, and the effects of global warming. New Ideas from Dead Economists is a fascinating guide to understanding both the evolution of economic theory and our complex contemporary economy. |
From inside the book
Results 1-5 of 49
Page
... less inflation, and less crimehave blessed theUnited States. In 1989, we had no Internet, no antibaldness drugs, fewautomobile airbags, and no hope that the joblessrate couldplunge below 5percent orthat U.S. stock prices would more than ...
... less inflation, and less crimehave blessed theUnited States. In 1989, we had no Internet, no antibaldness drugs, fewautomobile airbags, and no hope that the joblessrate couldplunge below 5percent orthat U.S. stock prices would more than ...
Page
... less attention than they would in a lengthier book.I can only hope that the reader isinspired topursue these individuals in other texts.To paraphrase Bacon, I aim not toinform ad tedium, but to stimulate the mind brieflyyet fruitfully ...
... less attention than they would in a lengthier book.I can only hope that the reader isinspired topursue these individuals in other texts.To paraphrase Bacon, I aim not toinform ad tedium, but to stimulate the mind brieflyyet fruitfully ...
Page
... less manageable. 6 We cannot sprint soswiftly pastthe mercantilists. Generally speaking, they were a group of writers and courtly advisers to European monarchs during the sixteenth through the eighteenth centuries.Theydid notshare ...
... less manageable. 6 We cannot sprint soswiftly pastthe mercantilists. Generally speaking, they were a group of writers and courtly advisers to European monarchs during the sixteenth through the eighteenth centuries.Theydid notshare ...
Page
... less. Societies cannot affordto squander resources by subtracting from theirvalue. Peoplewho take wood andproduce Stradivarius violinsor crutches forthe disabled increase the value ofthose resourcesand enrich society.They deserve ...
... less. Societies cannot affordto squander resources by subtracting from theirvalue. Peoplewho take wood andproduce Stradivarius violinsor crutches forthe disabled increase the value ofthose resourcesand enrich society.They deserve ...
Page
... less. Of course, all the furnituremakers could get togetherand agree to raise prices. But even ifthey were able to agree, other selfinterested people would see the high profitsin the furniture business andopen shops. Such entrepreneurs ...
... less. Of course, all the furnituremakers could get togetherand agree to raise prices. But even ifthey were able to agree, other selfinterested people would see the high profitsin the furniture business andopen shops. Such entrepreneurs ...
Contents
ThePlight ofthe Economist | |
The Stormy Mind of John Stuart Mill | |
The Angry Oracle Called Karl Marx | |
Alfred Marshall and the Marginalist Mind | |
Old and New Institutionalists | |
Bon Vivant as Savior | |
CHAPTER XMilton Friedman and the Monetarist Battle Against Keynes | |
Politics asa Business | |
Dark Clouds Silver Linings | |
Index | |
Other editions - View all
New Ideas from Dead Economists: An Introduction to Modern Economic Thought Todd G. Buchholz No preview available - 2007 |
Common terms and phrases
According Adam American appeared argued banks better called Cambridge capitalism capitalist century Choice companies consumers continue corporate costs countries course demand Depression Despite developed economic economists example Expectations fall Federal Federal Reserve Board finally forces Friedman future Galbraith give growth hand higher human ideas important income increase industry intellectual interest inthe investment Italy John Keynes Keynesian labor later less living London look Malthus marginal Marshall Marx Marxism means Mill monetarists money supply natural never ofthe once percent philosopher political politicians population position Principles producers profits raise rates Rational reason rent Ricardo rise Second Smith social society sometimes spending theory thought tothe trade United University Veblen wages wants wealth workers York