The Making of Modern Economics: The Lives and Ideas of The Great Thinkers, Fourth Edition

  • 21h 15m 10s
  • Mark Skousen
  • Blackstone Audio, Inc. dba Blackstone Publishing
  • 2023

The Making of Modern Economics presents a bold and engaging history of economics—the dramatic story of how the great economic thinkers built today’s rigorous social science.

This comprehensive yet accessible introduction to the major economic philosophers begins with Adam Smith and continues through to the present day. It examines the contributions each one made to our understanding of the role of the economist, the science of economics, and economic theory. Each chapter highlights little-known and entertaining facts about the economists’ personal lives that had an influence on their work.

The fourth edition adds coverage of modern monetary theory, the COVID-19 pandemic, climate change, minimum wage debates, Schumpeter and socialism, Malthus and immigration, and more.

The Making of Modern Economics is a valuable, engaging text for courses in the history of economic thought and political economy.

About the Author

Mark Skousen is an investment expert, economist, university professor, and author of more than twenty-five books. He earned his PhD in monetary economics at George Washington University in 1977. He has taught economics and finance at Columbia Business School, Columbia University, Grantham University, Barnard College, Mercy College, and Rollins College. He is a presidential fellow and Doti-Spogli Endowed Chair of Free Enterprise at Chapman University.

In this Audiobook

  • Introduction
  • Chapter 1 - It All Started with Adam
  • Chapter 2 - The French Connection: Laissez Faire Avance!
  • Chapter 3 - The Irreverent Malthus Challenges the New Model of Prosperity
  • Chapter 4 - Tricky Ricardo Takes Economics Down a Dangerous Road
  • Chapter 5 - Milling Around: John Stuart Mill and the Socialists Search for Utopia
  • Chapter 6 - Marx Madness Plunges Economics into a New Dark Age
  • Chapter 7 - Out of the Blue Danube: Menger and the Austrians Reverse the Tide
  • Chapter 8 - Marshalling the Troops: Scientific Economics Comes of Age
  • Chapter 9 - Go West, Young Man: Americans Solve the Distribution Problem in Economics
  • Chapter 10 - The Conspicuous Veblen Versus the Protesting Weber: Two Critics Debate the Meaning of Capitalism
  • Chapter 11 - The Fisher King Tries to Catch the Missing Link in Macroeconomics
  • Chapter 12 - The Missing Mises: Mises (and Wicksell) Make a Major Breakthrough
  • Chapter 13 - The Keynes Mutiny: Capitalism Faces Its Greatest Challenge
  • Chapter 14 - Paul Raises the Keynesian Cross: Samuelson and Modern Economics
  • Chapter 15 - Milton’s Paradise: Friedman Leads a Monetary Counterrevolution
  • Chapter 16 - The Creative Destruction of Socialism: The Dark Vision of Joseph Schumpeter
  • Chapter 17 - Dr. Smith Goes to Washington: Market Economies Face New Challenges