The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes

The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes

Publisher: MISC SA
Author: Mark Skousen
$31.95

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 the 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.

Hardcover, ISBN 9780765616944

Book Title The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes
Publisher: MISC SA
Author Mark Skousen

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 the 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.

Hardcover, ISBN 9780765616944