Featuring brand new sections on the remarkable shifts in the world economy, this economic study is a relevant, entertaining, and fascinating guide for those seeking both a solid lesson on the development of economic theory throughout the past two hundred years and a balanced perspective of our current economic state on the brink of the millennium. By applying age-old economic theories to contemporary issues, Todd Buchholz helps readers to see how the thoughts and writings of the great economists of the past have vital relevance to the dilemmas affecting all our lives today.
Any book that wants to acquaint the general reader with the history of economic thought must be compared to Robert L. Heilbroner's classic The Worldly Philosophers (S. & S., 1980. 5th ed.). This new book compares most favorably. It is easily accessible to a general audience. Buchholz, a former Harvard economics professor now teaching at the California Western School of Law, is especially strong in discussing the development of economic thought after World War II. Highly recommended for all libraries as an effective and entertaining introduction to economists and their ideas.-- Richard C. Schiming, Mankato State Univ., Minn .