The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes

Mark Skousen,The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes

M.E. Sharpe | ISBN0765616947 | 2007 | PDF | 1 MB | 257 pages

This book is a history of modern economics as represented by the contributions of the three most influential economists in world history. Adam Smith expounded a revolutionary new doctrine in the 18th century that a nation of rich and poor could flourish under laissez faire and an unfettered market; Karl Marx inspired disenfranchised workers and intellectuals in the 19th century to end the exploitation of the underprivileged by the powerful; and in the 20th century, British economist John Maynard Keynes sought to stabilize a crisis prone market system through activist fiscal and monetary government policies.

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