Legacies of Great Economists (Audiobook)

When it comes to economics and economic theory, a few thinkers dominate the landscape. Adam Smith, Karl Marx, Alfred Marshall, John Maynard Keynes, and a handful of others have shaped the world of economics and influenced our lives. These lectures by Professor Timothy Taylor acquaint you with the thoughts, theories, and lives of those great economists, ranging from the predecessors of Adam Smith in the 18th century through 20th century giants like John Maynard Keynes and Milton Friedman. Led by Professor Taylor, you grasp the guiding principles of economics through a better understanding of the economists who developed them. In this broad span of time since these thinkers first presented their ideas, economic issues and concerns have changed greatly—but core economic doctrine remains. Of course, the foundation of that doctrine wasn't as well established or understood in the beginning as it is today. These lectures provide a fresh take on how various economic theories were formed and how subsequent economists fine-tuned those theories. They show that there are valuable lessons to be learned from history's great economists, whether their theories have held up over time, required revision, or been discredited in practice. And as Professor Taylor leads you through those theories, you come away with insight about why some current disputes over economic policy have been continual sources of argument over the last several centuries. By providing a glimpse into the minds of the geniuses who laid the foundations of modern economics, Professor Taylor offers new ideas and perspectives to enhance your understanding of the subject. More than numbers and graphs, this series focuses on personalities and brings economics to life. As you learn more about how these great economists formed their ideas, you gain a better grasp of the important economic principles that drive and shape our world.

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