| |  | Books : New Ideas from Dead Economists: An Introduction to Modern Economic Thought |  | | | | | | | | | |
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Binding: Paperback
Dewey Decimal Number: 330.092
EAN: 9780452288447
ISBN: 0452288444
Label: Plume
Manufacturer: Plume
Number Of Items: 1
Number Of Pages: 368
Publication Date: April 06, 2007
Publisher: Plume
Sales Rank: 53133
Studio: Plume
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Editorial Review:
Product Description:
The classic introduction to economic thought, now updated in time for the publication of New Ideas from Dead CEOs
This entertaining and 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 still 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.
Amazon.com Review:
Over 150 years ago, Scottish essayist Thomas Carlyle dubbedeconomics the 'dismal science.' But it certainly doesn't seem that wayin the skillful hands of Todd G. Buchholz, author of New Ideas fromDead Economists. In this revised edition of a book first publishedin 1989, economics is accessible, relevant, and fascinating. It's evenfun--for example, when he uses the cast of Gilligan's Islandand Henny Youngman jokes to explain complex economic theories. 'Whynot have the last laugh on Carlyle by using the dead economiststhemselves to reverse their bad reputations and to teach the lessonsthey left to us?'
Buchholz surveys and critiques economic thought from Adam Smith'sinvisible hand of the 18th century to the depression-fighting ideas ofthe Keynesians and money-supply concepts of the 20th-centurymonetarists. He also relates classic economic principles to suchmodern-day events as the fall of communism, the Asian financialmeltdown, and global warming. Buchholz includes plenty of anecdotesabout the lives of the great economists: Karl Marx, for instance, wasan unkempt slob; David Ricardo, the early-19th-century Englishpolitician and economist, was among the rare economists to get richtrading stocks; and Maynard Keynes was so homely his friends calledhim 'Snout.' Here's a lively and authoritative read for thoseinterested in the past, present, and future of economics. --DanRing
Customer Reviews Average Rating: 
Rating:  - Boring and disappointed
The book is so boring that I have to leave my first review on Amazon.com. I don't know economics. I'm expecting ideas from the famous economists and how to apply their ideas in the 21st century. I'm not interested in the their lives, their childhood, their education, their friends, their abilities, etc.
For example, "Marshall also realized that facts teach nothing by themselves". I'm not interested in how he teaches, I'm interested in what he teaches. I'm already bored to death before ... Read More
Rating: - Much humor from a "dismal scientist"
Luckily, economics got that "dismal science" label a long time ago, because this book is quite the opposite.Written in both lively style and learned content, the reader will want to go through each chapter wondering "who's next on the chopping block?"And who would have expected to find this gem in a normally dry-sounding field (economics), or a self-serving field (biography).Lest anyone be turned off by the relatively un-recent publication date (1989), the author has updates covering fairly recent ... Read More
Rating:  - A Mixed Bag
This books generally delivers what it promises, a review of major thoughts from economists evaluated (somewhat) in a modern context.If that's what you are looking for, it's probably worth reading.However I had three problems with the book.First, he says some incredibly, bizarrely wrong things (quantum mechanics is not a hard science, the internet was invented by private industry, California may float away into the ocean).Even though they are topics outside of economics, they made me generally suspicious ... Read More
Rating: - Great Title -- Trivial Contents
When I first saw this book, I thought this sounds really interesting. It is, if you like to read trivia about economists, most of whom are dead. There are loose connections made to miscellaneous events in modern times, but the bulk of the book combines jokes that have been around for decades (as dead as the economists) with mini-biographies more suited to a fan magazine, focusing on John Stuart Mill's dysfunctional childhood, John Maynard Keynes' marriage to a ballerina, John Kenneth Galbraith's height, Thorstein ... Read More
Rating: - A pretty good introduction to economic theory
This book would make an excellent pre-100 level textbook for students interested in economics. Buchholz covers all major economic theories and their proponents from Adam Smith's Invisible Hand to the most currently vocal Rational Expectations theory. The detail never gets so deep as to actually present charts and diagrams, but is solid enough that the reader comes away with a general understanding of each theory.
The book suffers a little in the beginning as Buchholz seems uncomfortable simply presenting ... Read More
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