The Big Three in Economics
History 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. The Big Three in Economics shows that, even in the era of globalization and privatization, Keynesian and Marxian ideas continue to play a significant role in economic policy.
Praise for The Big Three in Economics
"A curious, enlightening, and creative account of the world's three most influential economists, and why their theories have had such a huge impact on the economic history of the modern world."
— Robert J. Shiller, Stanley B. Resor Professor of Economics, Yale University
"Economics is emerging in the 21st century as the most dynamic of all the social sciences, and who is being resurrected as a guide to understanding? None other than Adam Smith himself, and the two giants followed in his shadow. Three cheers for The Big Three in Economics!"
— Michael Shermer, publisher, Skeptic magazine
"I love Mark Skousen's book about the history of economists—it is so interesting and well written, and helps us visualize the big picture."
— Jeremy J. Siegel, Wharton School, University of Pennsylvania