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The Making of Modern Economics
- The Lives and Ideas of the Great Thinkers
- Narrated by: Patrick Cullen
- Length: 19 hrs and 48 mins
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Publisher's summary
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 Adam 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.
Highlights include exciting new revelations about the lives of the great economists, provocative sidelights, humorous anecdotes, and even musical selections reflecting the spirit of each major economist.
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The Little Book of Common Sense Investing
- The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition
- By: John C. Bogle
- Narrated by: L. J. Ganser
- Length: 5 hrs and 50 mins
- Unabridged
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The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
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One star for every point this 5 hour book makes.
- By Matt on 01-31-19
By: John C. Bogle
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Plan Your Year Like a Millionaire
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 2 hrs
- Original Recording
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Plan Like a Millionaire is part of a riveting three-part series, and it's all about elevating your game and setting goals like a seven-figure earner. In this wealth-inspiring listening journey, Rachel reveals the secrets of how to set goals, manage time wisely, build essential support systems, break free from financial constraints, and make savvy money decisions.
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Feel Good Book, only
- By Maggie on 01-06-24
By: Rachel Rodgers
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Six-Figure Side Hustle
- By: Rachel Rodgers
- Narrated by: Rachel Rodgers
- Length: 3 hrs and 42 mins
- Original Recording
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Rachel Rodgers, financial maven and heralded author of We Should All Be Millionaires, has created a groundbreaking new Audible Original series with Six Figure Side Hustle. In this installment of a dynamic three-part audio journey, Rachel unveils the blueprint for turning spare time into a $100,000-per-year side hustle in just three months.
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Not For YOU!
- By S. Seigel on 03-02-24
By: Rachel Rodgers
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The Most Important Thing
- Uncommon Sense for The Thoughtful Investor
- By: Howard Marks
- Narrated by: John FitzGibbon
- Length: 7 hrs and 9 mins
- Unabridged
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Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
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Five Star Book, two Star Audiobook
- By Johnny on 06-08-15
By: Howard Marks
What listeners say about The Making of Modern Economics
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall
- Nicktirebiter
- 09-27-04
Great book, well written, excellent reader
Agree with positive statements from other reviews. Author provides a rigorous treatment of the subject in a lively narrative. Under his hand, this 'dismal' topic becomes both accessible and fascinating. The reader is excellent and provides important life and emphasis. The book ends up seeming relatively short because it moves along so well.
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2 people found this helpful
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Overall
- Master Yoda
- 09-03-06
Well written and well narrated!
This is a great book. Well written and well narrated! I got more from it than my university studies in Economics.
It appears to be biased against communism at places but the critique is honest and thought provoking.
Would-be Economics students should read this book and it will give them a head start in their course work.
This book bridges the gap between the academics and general masses. Economics does not seem all that esoteric after listening to this book. I also ordered a print copy of this book as it appeared to be useful to have a good perspective on both micro and macro economics issues.
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1 person found this helpful
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Overall
- Lance
- 12-04-06
Extensive Bibliography
I am amazed that Mark has taken an exhaustive look at the history and characters that have produced the world that we live in today. I do not believe that I would have had the time and focus to read this work with my eyes. I am glad that I was able to listen to it. I have a greater understanding of the ideas and personal beliefs that each of the recent economists have shared with the public. For me, having a foundation of understanding of the history of modern economics is indispensable. Everyone that has any inclination to learn about economics should have this in their library.
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6 people found this helpful
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Overall
- E&M DeSpain
- 08-13-05
The Strange History of Economics
This book was wonderfully written, focusing on the odd people who made the history. I didn't realize how really different these economists really were until reading this. The dismal science has never been so fascinating.
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4 people found this helpful
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Overall
- Michael
- 12-27-06
Worth the reminder
I would agree that Mark Skousen does an excellent job in explaining the foundations and progressions to Modern Economics, but would add that it reads more like a text book. If you're looking to re-produce this intellectual analysis of the authors cited, then it would be best to purchase the written word.
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1 person found this helpful
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Overall
- John
- 09-20-08
Outstanding, but better read than listened to?
Audio: 5 star. Excellent. Clear, well-spoken, easily understood. The levels of voice volume and inflection were even throughout with only slight fluctuations occasionally.
Content: 5 star. LOADED with biographical information on economists from the 17th century pre-Adam Smith to the present. (I've heard of the "biggies" but I had no idea there were so many others.) It's also loaded with the gems of economic theory and application from those economists. I only read economics for my personal education but it seems to me the author covers the subject(s) quite well. IMO this might be a good textbook for Intro to Economics or Economic History.
Context: 3 star. I suspect this fine history and reference book may be better to read than to listen to. First, the subject matter jumps around alot. This is probably due to the numerous sidebars and graphs the author mentions in his introduction. Still, it is disconcerting and somewhat hard to follow in the spoken work. Second, some of the gems of economic theory and practice tend to fly right by. Yes, I rewind from time to time but that gets annoying, and you can't easily, if at all, bookmark those gems for later replay. This is the kind of book in written form I would want to reference often, leaf back and forth, look up things in the Index, etc. I found the list of figures, illustrations, and photos online and there are a LOT of them, which of course you won't have in audio.
I'm sure I'm not the first person who has wished audiobooks came with at least a text Table of Contents, perhaps with the time lapsed for each chapter. And wouldn't a function to actually leap to specific chapters be great. I think audiobook sales could be hugely increased with more interactive and informative interfaces.
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5 people found this helpful
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- geoff
- 08-09-12
It's a readable economics book.
I have learned a lot from this book. I have listened to it twice and will listen to the last section one more time. I think it was published in 2001 so does not include current economic lessons, however all the history taught does not change. Skousen keeps it as interesting as i think it could be.
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Overall
- Rich in BCS
- 07-24-04
Good review, but avoid being indoctrinated
Skousen's book does a nice job of summarizing the development of modern economics since Adam Smith. But the weakness of the book is his religious fervor for the free market. He makes his bias clear at the start: Adam Smith is at the top of the pyramid, Marx at the bottom. Government intervention in BAD, free enterprise is GOOD. There is almost no attention to distributional issues or market failure, with a consistent belief that the free market will raise all boats. Hopefully, listeners will not be convinced by his repeated attacks on Nobel Laureates and other esteemed economists. He derides economists who, with scholarly hesitation, confess uncertainty about important macroeconomic questions. He tries to convince us that the "truth" of economics was discovered by Adam Smith, and that any economist who deviated from that free-market path is not only wrong, but has damaged society immeasurably. Don't be convinced. You can learn from Skousen, but avoid indoctrination!
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26 people found this helpful
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Overall
- Mr. M Metwally
- 06-25-05
Excellent
Great book to hear. Broad overview of history of economics. Well written and interesting to hear. Well done for the author and the narrator.
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1 person found this helpful
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Overall
- Peter
- 03-12-09
Detailed, but strong biased.
Interesting and detailed, but has a very very strong bias against any non ultra-free market findings.
One warning is that the author is somewhat homophobic and pro-theism(most obvious in talking about the early 1900's period and for Keynes). This seeps into some of his analysis and colors his opinions on the character of economists he talks about. Going outside of detailing the figures, he goes into simple vitriol and disdain for the figures he obviously has issues with.
As long as you know that this is a specifically pro-free market analysis, the book is very interesting. But don't let the authors irrational points effect you, and keep an eye on all his analysis. This is only one side of the argument, but he does do a somewhat complete job of explaining that side. Buy this and a book that matches it but from a less supply/free market approach and you'll get a nicely balanced view.
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24 people found this helpful