This is a bold, updated history of economics, the dramatic story of the way the great economic thinkers built today’s rigorous social science. Noted monetary writer and economist Tag Skousen has revised this popular function to provide more on Adam Smith, Karl Marx, and Joseph Stiglitz and on “imperfect” markets and behavioral economics.

This comprehensive, yet accessible introduction to the major economic philosophers of the past 225 years begins with Adam Smith and continues to the present day, examining the contributions created by each individual to our understanding of the role from the economist, the science of economics, and economic theory. Included are shows of little known factual statements about the economists’ personal lives that affected their work.