52 pages • 1 hour read
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368
Biography • Nonfiction
Global • Various Eras
1953
Touchstone/Simon & Schuster (NY)
Adult
18+ years
The Worldly Philosophers by Robert Heilbroner explores the history of western economic thought through the lives and ideas of major economists like Adam Smith, Karl Marx, and John Maynard Keynes, who sought to understand how capitalist society functions. Heilbroner examines their personal histories, socio-political contexts, and significant contributions, highlighting their quest to decipher the market system's complexities and potential future. The book includes discussions on societal hardships and economic disparities.
Informative
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Challenging
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Heilbroner’s The Worldly Philosophers is praised for its accessible and engaging exploration of economic thought and the lives of influential economists. Critics commend its historical breadth and clarity but note that some may find the analysis lacking in contemporary economic intricacies. Overall, it serves as an excellent introductory text.
Readers who enjoy The Worldly Philosophers by Robert Heilbroner are typically fascinated by economic history and influential economists. They may also appreciate books like Capital in the Twenty-First Century by Thomas Piketty and The Wealth of Nations by Adam Smith, which similarly explore economic ideas and their impact on society.
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Robert Owen
An industrialist and Utopian Socialist who implemented progressive reforms in labor conditions at his New Lanark factory, showing that capitalism could coexist with humane treatment of workers.
John Stuart Mill
A prominent economist and philosopher who expanded on Utopian Socialist ideas and became an early advocate for women's rights, arguing for the reformability of capitalism, especially in wealth distribution.
Karl Marx
A revolutionary thinker famous for "The Communist Manifesto" and "Das Kapital," where he critiqued capitalism and predicted its eventual collapse due to inherent systemic contradictions.
John Hobson
An academic outlier who proposed that economic depressions were caused by excess savings and claimed that imperialism was capitalism's way of avoiding internal economic issues through external conquest.
Thorstein Veblen
An eccentric economist known for his critique of the American market system and the concept of the leisure class, exploring the sociological aspects of economic behavior rather than justifying societal structures.
John Maynard Keynes
A leading economist who addressed the causes of the Great Depression, advocating for government intervention to stimulate economies and whose theories dominated mid-20th-century economic thought.
Joseph Schumpeter
An economist who highlighted the role of entrepreneurship and innovation in disrupting social norms through "creative destruction," offering a dynamic view of capitalism's evolution and eventual decline.
368
Biography • Nonfiction
Global • Various Eras
1953
Touchstone/Simon & Schuster (NY)
Adult
18+ years
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