Getting into economic genius
Grand Pursuit: The Story of Economic Genius Sylvia Nasar
Simon & Schuster $17.40
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This is a narration of the making of modern economics and how economics rescued mankind, Nasar takes the reader on a journey through modern history with the men and women who changed the lives of every single person on the planet. Nasar’s account begins with Charles Dickens and Henry Mayhew, providing a broad survey of the best-known economists of the past 150 years and learning about their personal lives, their contributions to the discipline, and how they tried to influence policy. Throughout her skillfully constructed narrative, Nasar demonstrates a remarkable grasp of the major ideas of almost every major economist that readers could think of. She describes the importance of John Maynard Keynes, Beatrice Potter Webb (the inventor of the idea of the welfare state), Milton Friedman and Amartya Sen among others both to the discipline of economics and to policy making. In this sense, the book is probably the most comprehensive history of its kind.