The Big Three in Economics
Adam Smith, Karl Marx, and John Maynard Keynes
By (author) Mark Skousen
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Big Three in Economics by Mark Skousen
Book DescriptionHistory comes alive in this fascinating story of opposing views that continue to play a fundamental role in today's politics and economics. "The Big Three in Economics" traces the turbulent lives and battle of ideas of 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. Each view has had a significant influence on shaping the modern world, and the book traces the development of each philosophy through the eyes of its creator. In the twenty-first century, Adam Smith's "invisible hand" model has gained the upper hand, and capitalism appears to have won the battle of ideas over socialism and interventionism. But author Mark Skousen shows that, even in the era of globalization and privatization, Keynesian and Marxian ideas continue to play a significant role in economic policy.
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Book DetailsISBN: 9780765616944
(233mm x 162mm x 22mm)
Imprint: M.E. Sharpe
Publisher: Taylor & Francis Inc
Publish Date: 15-Jan-2007
Country of Publication: United States
Books By Author Mark Skousen
Econopower: How a New Generation of Economists is Transforming the World, Paperback (June 2015)
EconoPower will provide you with a firm understanding of the influence of modern economics and how it can be used to improve the world we live in. It offers practical advice on numerous personal financial matters earning, saving, investing, and retiring based on the breakthrough contributions of behavioral economists.
Making of Modern Economics, Hardback (February 2009)» View all books by Mark Skousen
Presents the history of economics. This book offers coverage of Joseph Stiglitz, 'imperfect' markets, and behavioral economics.
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