New Ideas from Dead Economists An Introduction to Modern Economic Thought

by Buchholz, Todd G.; Feldstein, Martin

• ISBN13: 9780452265332
• ISBN10: 0452265339
• Format: Paperback
• Publisher: Plume

Summary

This witty, entertaining, accessible Introduction to the great economic thinkers throughout history-Adam Smith, John Stuart Mill, Karl Marx, John Maynard Keynes, and more-shows how their ideas apply to our modern world. In this revised edition, renowned economist Todd Buchholz offers an insightful and informed perspective on key economic issues in the new millennium: increasing demand for energy, the rise of China, international trade, aging populations, health care, and the effects of global warming. New Ideas from Dead Economists is a fascinating guide to understanding both the evolution of economic theory and our complex contemporary economy. Book jacket.

Author Biography

Todd G. Buchholz is an internationally acclaimed economist who advises ABC News, as well as some of the world's leading investment funds. He has served as a director of economic policy at the White House and is a contribuiting editor for Worth magazine. Buchholz holds advanced degrees from Cambridge University and Harvard Law School and was awarded the Allyn Young Teaching Prize by Harvard University's Department of Economics.

Table of Contents

Preface	vii	(2)
Foreword	ix
Martin Feldstein
I. Introduction: The Plight of the Economist	1	(9)
II. The Second Coming of Adam Smith	10	(32)
III. Malthus: Prophet of Doom and Population Boom	42	(20)
IV. David Ricardo and the Cry for Free Trade	62	(23)
V. The Stormy Mind of John Stuart Mill	85	(23)
VI. The Angry Oracle Called Karl Marx	108	(33)
VII. Alfred Marshall and the Marginalist Mind	141	(28)
VIII. Old and New Institutionalists	169	(29)
IX. Keynes: Bon Vivant as Savior	198	(23)
X. The Monetarist Battle Against Keynes	221	(20)
XI. The Public Choice School: Politics as a Business	241	(25)
XII. The Wild World of Rational Expectations	266	(12)
XIII. Dark Clouds, Silver Linings	278	(10)
Notes	288	(20)
Index	308