• The Big Three in Economics

  • Adam Smith, Karl Marx, and John Maynard Keynes
  • By: Mark Skousen
  • Narrated by: Jeff Riggenbach
  • Length: 9 hrs and 7 mins
  • Unabridged Audiobook
  • Release date: 09-04-07
  • Language: English
  • Publisher: Blackstone Audio, Inc.
  • 3.5 out of 5 stars 3.7 (47 ratings)

Summary

The Big Three in Economics reveals the battle of ideas among the three most influential economists in world history: Adam Smith, representing laissez faire; Karl Marx, reflecting the radical socialist model; and John Maynard Keynes, symbolizing big government and the welfare state. History comes alive in this fascinating story of opposing views that continue to play a fundamental role in today's politics and economics. In the 21st century, Adam Smith's "invisible hand" model has gained the upper hand, and capitalism has ultimately won the ideological battle over socialism and interventionism. But even in the era of globalization and privatization, Keynesian and Marxist ideas continue to play a significant role in economic policy in the public and private sectors.
©2007 Mark Skousen (P)2007 Blackstone Audio Inc.
Show More Show Less

Critic reviews

"Thoughtful, highly readable account that brings economics to life." (R. Glenn Hubbard, Dean, Columbia Business School)
"I love Mark Skousen's book about the history of economists - it is so interesting and well written, and helps us visualize the big picture." (Jeremy J. Siegel, Wharton School, University of Pennsylvania)
"A curious, enlightening and creative account of the world's three most influential economists, and why their theories have had such a huge impact on the economic history of the modern world." (Robert J. Shiller, Yale University)
Show More Show Less

Regular price: £18.99

Membership details Membership details
  • A 30-day trial plus your first audiobook, free
  • 1 credit/month after trial – choose any book, any price
  • Easy exchanges – swap any book you don’t love
  • Keep your audiobooks, even if you cancel
  • Free, unlimited access to Audio Shows
  • After your trial, Audible is just £7.99/month
Select or Add a new payment method

Buy Now with 1 Credit

By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Buy Now for £18.99

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Customer Reviews

Most Helpful
3 out of 5 stars
By David on 30-04-08

Acceptable but rather partisan coverage

This title includes short biographies of each of the three economists Smith, Marx and Keynes, together with a discussion of the main points of their work and critique of their ideas. It also goes into useful detail about their successors and their historical impact.

Serves as a reasonable introduction to the history of economics for the general reader. There is bias introduced by the author's particular perspective. For example, he devotes a surprising amount of space to a discussion of whether or not Adam Smith was a practicing Christian. The description of Karl Marx is splendidly bitchy: a man described more than once as 'demonic'. He is villified, for example, because his children died in poverty. However, much of the discussion of Marx' work is reasonably unbiased and can be useful. It is obviously a matter of great dismay to the author that John Maynard Keynes described himself as an 'immoralist' and was openly homosexual for part of his life.

A reasonably good read, less impartial than I would have liked, but presents the main economic ideas in an accessible manner.

Read more Hide me

17 of 17 people found this review helpful

2 out of 5 stars
By Amazon Customer on 28-02-12

Poorly written - like student notes

Not impressed with this title at all - overly simplistic, historically inaccurate and written in small chunks - pretty much like a students' set of notes from lectures. Not for anyone interested in Economics or the economists in question. I would highly recommend Thomas Sowell's basic economics as it covers the essential points in a far more intelligent & lucid way

Read more Hide me

6 of 6 people found this review helpful

See all reviews

Customer Reviews

Most Helpful
3 out of 5 stars
By Jan on 25-05-07

Cut and paste

This book is ok. Unfortunately it is pretty much a "cut and paste" book assembeled from his earlier works. Instead of this one, buy "The history of modern economics" by the same author.

Read more Hide me

28 of 28 people found this review helpful

2 out of 5 stars
By Elton on 10-05-07

Two for One

If you listened to Skousen's Making of Modern Economics then there really is no reason to pick up this volume. There are whole passages lifted from the prior text and this volume offeres really no new insight. This is more of an abridged version of his earlier volume. There is a lot of really good theory in this book and perhaps a little more focused that the purposely broader volume published earlier. I recommend it for someone who just wants the major thinkers instead of the progression of economic though.

Read more Hide me

25 of 26 people found this review helpful

See all reviews