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... This description may be from another edition of this product.
Excellent blend of economic theory and application to life
Published by Thriftbooks.com User , 23 years ago
This book gives a blend of economic theory, the people behind the theory, and how the concepts apply to everyday life. Very interesting and I highly recommend this book.
Very good summary of thinking
Published by Thriftbooks.com User , 23 years ago
There are very few books that address the issue of innovations in economics as well as this one does. By mixing a list of the most important economics developments of the last century with a vivid description of the lives of those who uncovered them, the author is able to build a compeling image of what is generally a dry subject.Instead of focusing on the specifics of the ideas, which would generally require a fair amount of mathematics, the book focuses on explaining the real life applications of many of these ideas, and therefore is able to connect the Nobel laureates with society's goals. I highly recommend this book to the student of economics and society who would like to learn more about some of the more innovative ideas in the field but does not have the time to learn the advanced economics to read the originals.
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