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The Making of Modern Economics
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The Making of Modern Economics

by Mark Skousen ·  2001
★★★★★Editor's Pickintermediate

A sweeping intellectual history of economic thought from Adam Smith to the present, told as a drama of competing ideas. Skousen is sympathetic to the Austrian School and shows how Hayek and Mises developed the correct theory of markets while Keynesian ideas led economics astray.

★ Why We Recommend It

This is one of the most important works in the liberty tradition — essential for any serious student of free markets and individual rights.

Best For:Intermediate readersBuilding a foundationSecond-year study

What You'll Learn from The Making of Modern Economics

  • 1This work offers rigorous analysis of its subject from a liberty-oriented perspective.
  • 2The author builds a systematic argument from first principles.
  • 3The implications for policy and practice are far-reaching.
  • 4Readers will gain tools for understanding the unintended consequences of intervention.
  • 5Essential reading for anyone serious about the ideas of freedom.

Mark Skousen

Mark Skousen is a libertarian economist, financial adviser, and author. He is the creator of Gross Output (GO) as an alternative to GDP and has taught economics at Columbia, Rollins College, and Chapman University.

Watch: Mark Skousen

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