Thursday, May 17, 2007

CHAPTER 1: Intro

  • The Worldly Philosophers
    • economists shape & sway man's mind, a power greater than the sword or the sceptre
    • the philosophy concerning man's most worldly activities- his drive for wealth
      • search for order & meaning of social history
    • an odd group of men- economists covered in this book
      • a philosopher- Adam Smith
      • a parson- Thomas R. Malthus
      • a stockbroker- David Ricardo
      • a nobleman- Saint Simon
      • a madman- Charles Fourier
      • a revolutionary- Karl Marx
      • an asthete- John Maynard Keynes
      • a tramp- Henry George
      • a skeptic- Thorstein Veblen
  • An odd fact: economic problems arose long before time of Pharaohs, in time history produced philosophers, scientists, artists, political thinkers, but why no economists until the 18th century (Adam Smith)?

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