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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
★ Key Takeaways
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.
★ About the Author
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.
★ Meet the Author
Watch: Mark Skousen
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