Selected by CHOICE as an Outstanding Academic Book for 2009.
Unlike other histories of economics, Mark 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 Smith’s classical model of democratic capitalism during periods of economic failure and upheaval, while Alfred Marshall, Irving Fisher, Ludwig von Mises, and Milton Friedman, among others, remodeled and improved upon Smithian economics as the world economy recovered and prospered.
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Leviathan is back
The threat of statism has reemerged in force during the global economic crisis. In Back on the Road to Serfdom, bestselling author Thomas E. Woods Jr. brings together top scholars to examine how bailouts, “stimulus” packages, a trillion-dollar health care bill, and other government expansion endanger America’s prosperity and culture of enterprise. Here they explore government’s role in the recent economic crisis, how government expansion damages free enterprise and also crowds out culture and individual freedom, why the statist temptation is so strong, what the United States can learn from Europe, and much more.
This impeccably timed book reveals the devastating consequences of succumbing to the statist temptation.
List Price: $ 29.95
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Tags: democratic capitalism, Economics, global economic crisis, Great, great thinkers, health care bill, Ideas, irving fisher, john maynard keynes, Lives, Making, mark skousen, milton friedman, Modern, robert malthus, thinkers, thorstein veblen