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Extended Audio Sample The Making of Modern Economics: The Lives and Ideas of the Great Thinkers, by Mark Skousen Click for printable size audiobook cover
3 out of 53 out of 53 out of 53 out of 53 out of 5 3.00 (142 ratings) (rate this audio book) Author: Mark Skousen Narrator: Patrick Cullen Publisher: Blackstone Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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This bold history of economics tells the dramatic story of how the great economic thinkers built a rigorous social science without peer. Unlike other economics histories, Skousen’s book provides a running plot with a singular heroic figure, Adam Smith, at the center of the discipline. Skousen unites the great thinkers by ranking them for or against Adam Smith and his “system of natural liberty.” He shows how Karl Marx, Thorstein Veblen, John Maynard Keynes, and even laissez-faire disciples Robert Malthus and David Ricardo detracted from Adam Smith’s classical model of democratic capitalism, while Alfred Marshall, Irving Fisher, Ludwig von Mises, and Milton Friedman, among others, remodeled and improved upon Smithian economics. Highlights include humorous anecdotes and exciting new revelations about the lives of the great economists.

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Quotes & Awards

  • “With a supreme, lively blend of economics and sociology of economics, Skousen has magnificently managed to put flesh, blood, and DNA on the skeleton of economics in this survey of great economic thinkers…His new work is must reading for economists who want to acquire professional depth and richness. Summing up: essential.”

    Choice (4-star review)

  • “A reference bible...What an absolutely ideal gift for college students.”

    National Review

  • “Examines the contributions made by each thinker to the role of economist, the science of economics, and economic theory overall.”


  • “A story rarely told…It’s unputdownable!”

    Mark Blaug, author of Economic Theory in Retrospect

  • “One of the most original books ever published in economics.”

    Richard Swedberg, author of Schumpeter: A Biography

  • “Provocative, engaging, anything but dismal!”

    N. Gregory Mankiw, Harvard University

  • “Irreverent, passionate, entertaining, sometimes mischievous, like the author himself!”

    David Colander, coauthor of The Making of an Economist

  • Winner of the Choice Award for Outstanding Academic Title

Listener Opinions

  • 2 out of 52 out of 52 out of 52 out of 52 out of 5 by Nothing | 11/16/2013

    " This book is not so much about economic theory as it is about the people/places/events surrounding the people who made the theory (as the title accurately implies). The book did what it set out to do, but i felt like it was missing something... "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Adam Spivey | 8/21/2013

    " A great book which covers a wide range of economists and their ideas. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Jared | 7/12/2012

    " Very friendly to the lay economist. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Teri | 1/12/2012

    " I really enjoyed how Mark Skousen presented mini documentaries of the people who contributed to the economic sciences. I believe to understanding history will revile the reality of the present and future. "

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