The Nobel Laureates: How the World's Greatest Economic Minds Shaped Modern Thought

by Marilu Hurt McCarty

Paul Samuelson. Milton Friedman. William Sharpe. These are just a few of the elite group of Nobel Laureates who represent innovative economic thought. In The Nobel Laureates, Marilu Hurt McCarty interlaces the extraordinary contributions of these world-class economists with the historical circumstances that motivated them, providing fascinating insight into modern economic thought.More than a chronological sketch of economic developments in the last half of the 20th century, readers will find a thorough examination and explanation of: Limits to rationality, market failure, and the role of government.Financing growth-promoting investments.Reducing risk in a zero-sum game.

Genres: Economics

397 pages, Hardcover

First published August 21, 2000

Reviews

[J · Rating 5 out of 5]

Excellent overview of economic laureates their work history and the link between their work. Perhaps a bit dated being from 2000 and also not the best for someone who is an expert but great for an introduction into economic Nobel laureates