This book presents a historical overview of economics to explain the functioning of a market economy. Through discussion of the major schools of economic thought, along with biographical sketches of the leading economists of each period, The Age of the Economist emphasizes the relationship between economic theory and policy and how both are influenced by events, ideologies and changing economic institutions.
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Surveying the history of economics from Adam Smith's day to the 1990s for those with interest but not expertise in the field, Rusfeld (U. of Michigan) explores the ideas and events which shaped competing economic theories over the past 200 years: e.g., Marxism, women and the economy, the Keynesian revolution, and capitalism post-World War II. First
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