A Brief History of Economic Genius (Cloth)

Rating:
Summary: The evolution of the science of economics
Review: A Brief History Of Economic Genius by Paul Strathern (Lecturer in Mathematics and Philosophy, Kingston University, London) is an engaging and highly accessible look at the most eccentric and gifted economists including Johann Becher (1635-1682); John Law (1671-1729); Adam Smith (1723-1790); Robert Malthus (1766-1833); Karl Marx (1818-1883); Thorstein Veblen (1857-1929); and John Maynard Keynes (1883-1946). These notable and influential figures, along with their triumphs and failings, and the evolution of the science of economics, are all intelligibly considered in this fascinating presentation that is recommended for academia, as well as the non-specialist general reader.

Rating:
Summary: Good but there is ALOT better out there
Review: I bought this book hoping it might shed some insights into the thoughts and times of the world's greatest economists and I got what I hoped for. In particular I was hoping to see if the author did a good job in relating economics to other areas such as politics, science, sociology, history philosophy and mathematics and the book fulfilled my desire. The book was well written, in terms of prose, making it an easy book to read economics books, especially for non-economists.

If I had anything to gripe it would be the EXTREMELY poor editing. Throughout the book I found words that had mistakenly been split up by a spac e mark, such as what I have included in this review. One or two can be forgiven but the twenty or so I seem to have come across is truly shameful for a book at approximately $20 or more. As a result of this and the poor examples provided I rate the book a 3 star book

This book, like The Worldly Philosophers and New Ideas from Dead Economists, is designed to illustrate the thoughts and history of the world's greatest economic thinkers. Economists. This book is ideal for those seeking to learn about some of the contributions of the world's greatest economists as well as those who are history buffs and want to learn more about the times / overlap of the world's greatest minds in other areas such as philosophy, science, etc as many of these individuals had an impact on economists of their times.

Economists highlighted in the book, which goes in chronological order from past to recent, include Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, Robert Malthus, George Marshall, Thorton Veblen, Joseph Schumpeter, John von Neumann, John Nash and Milton Friedman.

Some historic events mentioned in the book, since they affected the economists' thoughts, are Holland's 17th-century bout of tulipmania, Britain's notorious South Sea Bubble, The French Revolution, the Great Depression, and the rebuilding and retribution strategies following the two world wars.

Most of my reviews are in business / economics and I encourage people to read them. If you are interested in another excellent economics book I would start with The Worldly Philosophers (which I would buy before this book) and then read Hernando DeSoto's Mystery of Capital. A great general business book is by the management guru Peter Drucker entitled "The Essential Drucker". Just so you know, he didn't pick the title but his work is excellent and highly applicable for managers.

One final note, The Mystery Of Capital is a highly regarded, easy to read book on economic development that is VERY popular in the offices of dignitaries throughout the world, including Paul O'Neill (Secretary of State for the U.S). During a recent CNBC documentary on Mr. O'Neill the secretary met Mr. DeSoto to get some insights before his trip to Africa where he will focus on ways to improve economic development in 3rd world nations.

Rating:
Summary: Good but there is ALOT better out there
Review: I bought this book hoping it might shed some insights into the thoughts and times of the world's greatest economists and I got what I hoped for. In particular I was hoping to see if the author did a good job in relating economics to other areas such as politics, science, sociology, history philosophy and mathematics and the book fulfilled my desire. The book was well written, in terms of prose, making it an easy book to read economics books, especially for non-economists.

If I had anything to gripe it would be the EXTREMELY poor editing. Throughout the book I found words that had mistakenly been split up by a spac e mark, such as what I have included in this review. One or two can be forgiven but the twenty or so I seem to have come across is truly shameful for a book at approximately $20 or more. As a result of this and the poor examples provided I rate the book a 3 star book

This book, like The Worldly Philosophers and New Ideas from Dead Economists, is designed to illustrate the thoughts and history of the world's greatest economic thinkers. Economists. This book is ideal for those seeking to learn about some of the contributions of the world's greatest economists as well as those who are history buffs and want to learn more about the times / overlap of the world's greatest minds in other areas such as philosophy, science, etc as many of these individuals had an impact on economists of their times.

Economists highlighted in the book, which goes in chronological order from past to recent, include Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, Robert Malthus, George Marshall, Thorton Veblen, Joseph Schumpeter, John von Neumann, John Nash and Milton Friedman.

Some historic events mentioned in the book, since they affected the economists' thoughts, are Holland's 17th-century bout of tulipmania, Britain's notorious South Sea Bubble, The French Revolution, the Great Depression, and the rebuilding and retribution strategies following the two world wars.

Most of my reviews are in business / economics and I encourage people to read them. If you are interested in another excellent economics book I would start with The Worldly Philosophers (which I would buy before this book) and then read Hernando DeSoto's Mystery of Capital. A great general business book is by the management guru Peter Drucker entitled "The Essential Drucker". Just so you know, he didn't pick the title but his work is excellent and highly applicable for managers.

One final note, The Mystery Of Capital is a highly regarded, easy to read book on economic development that is VERY popular in the offices of dignitaries throughout the world, including Paul O'Neill (Secretary of State for the U.S). During a recent CNBC documentary on Mr. O'Neill the secretary met Mr. DeSoto to get some insights before his trip to Africa where he will focus on ways to improve economic development in 3rd world nations.

Rating:
Summary: This is the first draft of a great book
Review: I feel sorry for the author. I do not know enough about the industry to know if this is very bad writing or catastrophically bad editing, but under all this lies quite an interesting book.

As others have pointed out the book starts with frequent editing errors, where the spacing is wrong (somewhat lik ethis). This happens every other page for about the first 25 pages, but then seems to stop. Even worse are smaller, stranger errors that remind me of my student papers before I reviewed them. For example in discussing John Law he makes a very interesting introduction, until he mistakenly refers to him at one point in the text as William Law (he had discussed a William Peterson right before). I find this sort of error inexcusable in a published book, and once I lose respect for the work it becomes truly hard to enjoy it.

I also believe this form of mistake has motivated most of the bad reviews, even those which mention flaws in economic theory. For example one reviewer critiqued the comparative advantage example (I presume it is the one where two men work in a deserted island); it is indeed very poorly phrased, but it is an example of comparative advantage. However, after all the previous mistakes who cares to read carefully that which was not written carefully?

Rating:
Summary: Readable, but with numerous mistakes
Review: This review is for a book by Strathern published in Canada under the title
"Dr. Strangelove's Game: A Brief History of Economic Genius".

I found this book a major disappointment. It seems to me that the author is
clearly outside his field of expertise, the result being a book riddled
with errors. For instance, in his exposition of Ricardo's theory of
comparative advantage, the example has no comparative advantage. If he had
bothered to read a chapter of an introductory international economics book,
he would have found a clear illustration, Similarly, his description of
Edgeworth's contract curve is muddled and wrong with one consumer gaining
utility at the expense of the other. Indeed, it seems that the author spent
so little time writing the book that he does not even get his arithmetic
right -- his own numbers indicating the American domestic market was 167
percent larger than the British in 1910, not 250 percent larger as claimed.

To his merit, he does say something about nearly every major figure in
economics up to Friedman -- I would probably have included Samuelson as
well -- and other figures as well, e.g., Luca Pacioli, the father of
accounting. And his prose is quite readable, although I found his tendency
towards hyperbole annoying.

On the whole, if you are interested in biographical sketches of leading
economic thinkers in history and are not concerned about an explanation of
their ideas, you may find this book interesting. But I would look
elsewhere.

Rating:
Summary: Bias and misunderstanding of economics
Review: While there is some interesting information in the book, it seems to be riddled with errors and sloppy research. It also has quite an amount of bias - for example Strathern says that the three greatest economists are Marx, Smith and Keynes. Marx isn't even an economist. Further - 'Franklin D. Roosevelt, the greatest president of all'. He might have been a reasonable president - but the greatest of all?? The Great Depression didn't prove Keynes right. Actually, the New Deal slowed the growth of the US out of the depression (see for example the recent International Monetary Fund World Economic Outlook 2002 (recoveries and recessions). There are many other errors in economics understanding. (This book is titled 'Dr Strangelove's Game' in Australia