Paul samuelson theory of economics

biogrpahies, Five Books

This is a rich genre that is under-appreciated. With a quality biography, you can obtain a better understanding of the economist&#;s background and thinking.

 

1. Perry Mehrling, Fischer Black and the Revolutionary Idea of Finance.

Biography of a economist sample

A list of famous economists from Adam Smith to John M. Keynes. This page gives a brief summary of the ideological background and economic viewpoint of these influential economists. Adam Smith () was a Scottish social philosopher and pioneer of classical economics.

Portrays a unique individual. Besides revolutionizing finance with the Black-Scholes option pricing model, Fischer Black forever changed Wall Street by developing what is now known as quantitative finance.

2. Robert Skidelsky, John Maynard Keynes,   If you can find it, read the original three-volume version. Skidelsky&#;s treatment of the Cambridge Apostles is fascinating, and it shows how anti-Victorianism influenced Keynes&#; views about saving.

(Note: Skidelsky was part of a live EconTalk panel discussion, &#;Capitalism, Government, and the Good Society&#;, in You can watch the video here.)

3.

Biography of a economist pdf A list of famous economists from Adam Smith to John M. Keynes. This page gives a brief summary of the ideological background and economic viewpoint of these influential economists. Adam Smith () was a Scottish social philosopher and pioneer of classical economics.

L. Randall Wray, Why Minsky Matters. Clear and accessible, unlike Minsky. (Amazon agrees: &#;Although a handful of economists raised alarms as early as , Minsky&#;s warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economics; few people have a good grasp of his writings, and fewer still understand their full importance.

Why Minsky Matters makes the maverick economist’s critically valuable insights accessible to general readers for the first time.&#;) I wrote a review of this book here for Econlib in )

4. Thomas K. McCraw, Prophet of Innovation (Schumpeter). (Note: McCraw was on EconTalk in to talk about this book.)

5.

Biography of a economist meaning With a quality biography, you can obtain a better understanding of the economist’s background and thinking. 1. Perry Mehrling, Fischer Black and the Revolutionary Idea of Finance. Portrays a unique individual.

E. Roy Weintraub, (ed.), MIT and the Transformation of American Economics. Lots of great stuff, especially Beatrice Cherrier&#;s essay. This last one is really a collective biography. I recommend it more highly than the Samuelson biography by Backhouse, who contributes an essay in the Weintraub volume. (Here is my summary review of this book, also from )

I am probably leaving out some very good ones.

A lot of folks have praised Jeremy Adelman&#;s Worldly Philosopher: The Odyssey of Albert O. Hirschmann.

Biography of a economist Karl Marx was a renowned thinker whose influential ideas, known as Marxism, have shaped modern intellectual, economic, and political history. His notable works, including The Communist Manifesto and Das Kapital, critically analyzed capitalism through the lens of historical materialism.

I did not come away with any new insights into economics, but Adelman offers a fascinating portrait of his subject, particularly prior to his becoming an economist. Other good collective biographies include Robert Litan&#;s Trillion Dollar Economists and, of course, Robert Heilbroner&#;s iconic The Worldly Philosophers. (Note: This last title also made Amy Willis&#;s list of the best books for introductory economics.)

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