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The Making of Modern Economics:
The Lives and Ideas of the Great Thinkers

M. E. Sharpe Publishers, 2001, 496 pages

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The Making of Modern Economics


Love it or hate it, but you'll never be indifferent—reviews of Mark Skousen's controversial new history, The Making of Modern Economics.

The dramatic story of the great economic thinkers, their lives and ideas, the first to be told by a free-market economist. Fully illustrated, with over 100 pictures, diagrams and rarely-seen photographs.

Already in its second printing in less than six months. Translations in Chinese, Turkish and a special English edition by Oxford University Press (India).

"A story rarely told and Skousen tells it well. I find it very extreme, but unputdownable!"--Mark Blaug, University of Amsterdam

"I used your textbook last semester and Blaug is right. It’s unputdownable. My students loved the humor and the storyline. I’m using it next semester." --Gene Savin, University of Iowa

"Both fascinating and infuriating….engaging, readable, colorful….credulous, disingenuous, and tendentious." --Foreign Affairs (Sept/Oct 2001)

"Irreverent, passionate, entertaining, mischievous, and sometimes even wrong-headed, but I like it." --David Colander, Princeton University

"Provocative, engaging, anything but dismal." --N. Gregory Mankiw, Harvard University

"Lively…amazing…good quotations!" --Bernard Saffran, Journal of Economic Perspectives

"I loved your book, even despite the few bits I disagreed with. It's not only an amazingly comprehensive yet compact overview of the subject, it's also a delight to read--a must for anyone vaguely interested in how economics got to where it is today and by whom, as well as any one who yearns to see the development of laissez faire principles and values put firmly in perspective and the Austrian giants given the credit they are due. If it had been written a couple of decades ago, it would have saved me, and I am sure many others, a lot of fruitless meanderings among dry as dust and invariably pro-interventionist  histories of economic thought. Thank you Mark for a great piece of work! --Andreas Acavalos (Greece)

"One of the most original books ever published in economics." --Richard Swedberg, University of Stockholm

"Lively and accurate, a sure bestseller. Congratulations!" --Milton Friedman, Hoover Institution

"Lively but inaccurate. Skousen is very demanding, but he gets the story wrong. It’s a disaster!" --David Gordon, Mises Institute

"Skousen gets the story ‘right’ and does it in an entertaining fashion, without dogmatic rantings. I plan to use it." --Peter Boettke, George Mason University

"I highly recommend it." --Gary North, LewRockwell.com

"One of the most readable ‘tell all’ histories of the 20th century." --Richard Ebeling, Ludwig von Mises Professor of Economics, Hillsdale College

"I couldn’t put it down! The musical accompaniments for each chapter are a wonderful touch. Humor permeates the book and makes it accessible like no other history. It will set the standard." --Steven Kates, chief economist, Australian Chamber of Commerce

"I’m loving every page of your wonderful new book—a fascinating and original work, sure to be reprinted many times." --Dan Griswold, Cato Institute

"The anecdotes are incredibly helpful. How can we get such a sensible book in every Economics 101 course around the country?" --Stephen Moore, Club for Growth

"The most fascinating, entertaining and readable history I have ever seen. I highly recommend it for translation abroad." --Ken Schoolland, Hawaii Pacific University

"A glorious exception to dry history of thought books. I am urging my students and colleagues to read it." --Richard Vedder, Ohio University

"Loved the pictures, especially of Friedman and Stigler." --Dr. Hardy Bouillon, Centre for New Europe (Brussels)