The most recommended books about economists

Adam Smith is celebrated all over the world as the author of The Wealth of Nations and the founder of modern economics. A few of his ideas - such as the 'Invisible Hand' of the market - have become icons of the modern world. Yet Smith saw himself primarily as a philosopher rather than an economist, and would never have predicted that the ideas for which he is now best known were his most important. This book, by one of the leading scholars of the Scottish Enlightenment, shows the extent to which The Wealth of Nations and Smith's other great… show more.

From a MacArthur Genius ​MIT economist and pre-eminent Stanford economist comes a lively and provocative proposal for American health insurance reform

Few of us need convincing that the American health insurance system needs reform. But many of the existing proposals focus on expanding one relatively successful piece of the system or building in piecemeal additions. These proposals miss the point.

As the Stanford health economist Liran Einav and the MIT economist and MacArthur Genius Amy Finkelstein argue, our health care system was never deliberately designed, but rather pieced together to deal with issues as they became politically relevant. The result… show more.

THE DEFINITIVE SINGLE-VOLUME BIOGRAPHY

Robert Skidelsky's three-volume biography of John Maynard Keynes has been acclaimed as the authoritative account of the great economist-statesman's life. Here, Skidelsky has revised and abridged his magnum opus into one definitive book, which examines in its entirety the intellectual and ideological journey that led an extraordinarily gifted young man to concern himself with the practical problems of an age overshadowed by war. John Maynard Keynes offers a sympathetic account of the life of a passionate visionary and an invaluable insight into the economic philosophy that still remains at the centre of political and economic thought.… show more.

John Law (1671-1729) left a remarkable legacy of economic concepts from a time when economic conceptualization was very much at an embryonic stage. Yet he is best known-and generally dismissed-today as a rake, duellist, and gambler. This intellectual biography offers a new approach to Law, one that shows him to have been a significant economic theorist with a vision that he attempted to implement as policy in early-eighteenth-century Europe.

Law's style, marked by a clarity and use of modern terminology, stands out starkly against the turgid prose of many of his contemporaries. His vision of a monetary and financial system… show more.

The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they… show more.

By the time of his death the English economist Lionel Robbins (1898-1984) was celebrated as a 'renaissance man'. He made major contributions to his own academic discipline and applied his skills as an economist not only to practical problems of economic policy - with conspicuous success when he served as head of the economists advising the wartime coalition government of Winston Churchill in 1940-45 - and of higher education - the 'Robbins Report' of 1963 - but also to the administration of the visual and performing arts that he loved deeply. He was devoted to the London School of Economics,… show more.

Almost everyone has heard of Adam Smith, founding father of modern economics and author of Wealth of Nations. There is, however, much more to him than this.

This new introduction gives a crystal clear overview of the entirety of Smith's thought. It demonstrates how Smith's economic theories fit into a larger system of thought that encompasses moral philosophy, philosophy of science, legal and political theory, and aesthetics. Examining the central arguments of his major works, ranging from The Theory of Moral Sentiments to his lectures on jurisprudence and beyond, Smith's thought is explained in its full intellectual and historical context.… show more.

Higher education is a strange beast. Teaching is a critical skill for scientists in academia, yet one that is barely touched upon in their professional training-despite being a substantial part of their career. This book is a practical guide for anyone teaching STEM-related academic disciplines at the college level, from graduate students teaching lab sections and newly appointed faculty to well-seasoned professors in want of fresh ideas. Terry McGlynn's straightforward, no-nonsense approach avoids off-putting pedagogical jargon and enables instructors to become true ambassadors for science.

For years, McGlynn has been addressing the need for practical and accessible advice for college… show more.

Rick Kuhn's Henryk Grossman and the Recovery of Marxism is the definitive study of the life and work of this renowned economist, activist, and intellectual. As a young man, Grossman joined the socialist movement and participated in Jewish workers' strikes and demonstrations, as well as in boycotts against employers and the Austro-Hungarian state. He moved to Vienna, but was driven back to Poland by the Austrian state's racist citizenship policies. A member of the illegal Polish Communist Party, Grossman was frequently arrested and jailed, finally leaving Poland for a post at the Institute for Social Research in Frankfurt am Main,… show more.

When he died in 1930 aged 26, Frank Ramsey had already invented one branch of mathematics and two branches of economics, laying the foundations for decision theory and game theory. Keynes deferred to him; he was the only philosopher whom Wittgenstein treated as an equal. Had he lived he might have been recognized as the most brilliant thinker of the century. This amiable shambling bear of a man was an ardent socialist, a believer in free love, and an intimate of the Bloomsbury set. For the first time Cheryl Misak tells the full story of his extraordinary life.