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The Nobel Laureates

How the Greatest Economic Minds of Our Time Shaped Modern Thought

By (author) Marilu Hurt McCarty
Format: Hardback
Publisher: McGraw-Hill Education - Europe, New York, United States
Imprint: McGraw-Hill Inc.,US
Published: 1st Sep 2000
Dimensions: w 160mm h 229mm d 40mm
Weight: 780g
ISBN-10: 0071356142
ISBN-13: 9780071356145
Barcode No: 9780071356145
Synopsis
Paul Samuelson. Milton Friedman. William Sharpe. These are just a few of the elite group of Nobel Laureates who represent innovative economic thought. In The Nobel Laureates, Marilu Hurt McCarty interlaces the extraordinary contributions of these world-class economists with the historical circumstances that motivated them, providing fascinating insight into modern economic thought.More than a chronological sketch of economic developments in the last half of the 20th century, readers will find a thorough examination and explanation of: Limits to rationality, market failure, and the role of government.Financing growth-promoting investments.Reducing risk in a zero-sum game.

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