Little Book of Big Ideas: Economics (Little Book of Big Ideas series) - Hardcover

Forstater, Mathew

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9781556526664: Little Book of Big Ideas: Economics (Little Book of Big Ideas series)

Hardcover

ISBN 10: 1556526660 ISBN 13: 9781556526664

Publisher: Chicago Review Press, 2007

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Economic ideas and trends play a crucial yet little-understood role in the development of the world in which we live and are therefore vital to understanding our society today. From mercantilists through Keynesians to modern economic thought, this handbook covers 50 of the greatest minds and 10 core theories. Including Hume, Smith, Marx, and von Mises, succinct biographies reach behind the personalities and reveal the outstanding contribution each has made to this internationally important and pervasive discipline. The essential concepts and themes have been expertly selected and the complex issues clearly explained within a social, political, and cultural context, allowing the rich history of economic thought to be told and the motivations behind its phenomenal global development to be understood.

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About the Author:

Mathew Forstater is an associate professor of economics and black studies and director of the Center for Full Employment and Price Stability at the University of Missouri–Kansas City.

From School Library Journal:

Adult/High School—Each of these surveys presents a series of enthusiastic and illuminating essays on people who contributed significantly to the advancement of their fields. The roughly 500-word entries explain concisely what they did and why it was important. The essays also include an inset stating when and where the individuals were born and died, and a one-sentence summary of what they accomplished, and often include a second inset defining relevant vocabulary. Moore also sets the scientists within the context of their times. In both books, accessibility varies from piece to piece. Some present the central idea simply enough for laypersons to readily grasp; others are difficult for readers without minimal education in the discipline to comprehend. The emphasis on conciseness can also result in misleading information. Moore's discussion of Landsteiner's discovery of ABO blood typing, for example, gives the correct original names of the four blood types, A, B, C, and O, but leaves readers to guess how they correspond to the current nomenclature of A, B, AB, and O (hint: C was not renamed AB). All in all, though, these books are valuable sources of succinct information on key concepts and will provide inspiration for budding scientists and economists.—Sandy Schmitz, Berkeley Public Library, CA
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