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Legacies of Great Economists Lecture

Legacies of Great Economists

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Publisher's Summary

When it comes to economics and economic theory, a few thinkers dominate the landscape.

Adam Smith, Karl Marx, Alfred Marshall, John Maynard Keynes, and a handful of others have shaped the world of economics and influenced our lives.

These 10 lectures acquaint you with the thoughts, theories, and lives of these great economists.

You'll grasp the guiding principles of economics through a better understanding of the economists who developed them. In this broad span of time since these thinkers first presented their ideas, economic issues and concerns have changed greatly - but core economic doctrine remains. These lectures provide a fresh take on how various economic theories were formed and how subsequent economists fine-tuned those theories. They show that there are valuable lessons to be learned from history's great economists, whether their theories have held up over time, required revision, or been discredited in practice. And as Professor Taylor leads you through those theories, you'll come away with insight about why some current disputes over economic policy have been continual sources of argument over the last several centuries. By providing a glimpse into the minds of the geniuses who laid the foundations of modern economics, Professor Taylor offers new ideas and perspectives to enhance your understanding of the subject. More than dull numbers and graphs, this series focuses on personalities and brings economics to life.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©1996 The Teaching Company, LLC (P)1996 The Great Courses

What Members Say

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4.6 (160 )
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Performance
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  •  
    Phil O. San Diego, CA, United States 03-19-14
    Phil O. San Diego, CA, United States 03-19-14 Member Since 2011

    Business Law Professor. Fan of history, finance, law, politics

    HELPFUL VOTES
    1119
    ratings
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    348
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    "A fine basic survey: a home run for Prof. Taylor"

    This professor is passionate, obviously engaged with his subject, clear and accessible. This survey moves across many big books full of ideas pretty quickly, so naturally it does not get into the more abstract and technical fine points. But to readily get a good basic feel for these ideas and thinkers (and their writing, which is critiqued a bit, and explained in light of the prevalent ideas of their times), one couldn't start at a better place.

    3 of 3 people found this review helpful
  •  
    Quaker United States 06-30-15
    Quaker United States 06-30-15
    HELPFUL VOTES
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    "Who knew economics could be so captivating?"

    This is the second series I've listened to by Tim Taylor and I have to rank him right up there with the best of The Great Courses professors. He is easy to listen to. -- energetic, passionate about the subject, and able to explain anything in the simplest of terms.

    This series takes you on a marvelously captivating walk through the history of economic thought -- how great minds evolved our thinking to understand what an economy was and what made it work. So from a historical perspective, it provides a fascinating perspective on our evolution as a society.

    From an economic and political perspective you will gain wonderful insights. I dare say your friends will think twice about quoting Adam Smith or Karl Marx in your presence once you've finished listening to this; and when politicians quote John Maynard Keynes or Milton Friedman, you'll know which parts are established fact, and which parts remain controversial theory.

    these lectures were recorded before the financial crisis of the late 2000s, and I think that's a good thing. You will understand the prevailing theories of macroeconomics and decide for yourself how it applies today.

    2 of 2 people found this review helpful
  •  
    simon björkman 05-11-15
    HELPFUL VOTES
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    "Everything I wanted and more"

    A very nuanced story and well narrated. I have learned a lot of things from this lecture.

    2 of 2 people found this review helpful
  •  
    Stephan Panico Boston & Sao Paulo 03-16-17
    Stephan Panico Boston & Sao Paulo 03-16-17 Member Since 2013

    Say something about yourself!

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    "Impress EVERYONE at the party. Remarkable Course."
    Would you recommend this audiobook to a friend? If so, why?

    Not only do I recommend this course, friends are forced to listen to it on road trips. More often they not, they sign up for Audible to download the full course. Incredibly creative, and intriguing introduction to Economics for beginners and unbelievable tidbits for those who have studied it for years. This is riveting material, that speaks for itself.


    What does Professor Timothy Taylor bring to the story that you wouldn’t experience if you just read the book?

    His ability to articulate complex ideas is outstanding. Taylor is one of those professors who is extremely passionate about the stories he tells. That passion makes his delivery impossible to ignore. He has an ability to keep me focused and engaged for a long period of time.


    Was this a book you wanted to listen to all in one sitting?

    If I had 12 hours in the day to listen to all of it, I would. Professor Taylor's delivery keeps you engaged for as long as you have to listen. This is one of those courses that you will listen to multiple times. I love the ability to pick up anywhere in the course and learn something new.


    Any additional comments?

    You'll find yourself bringing up stories from this course in multiple social settings. It has made me look like the smartest guy at parties, dinners and the office multiple times. Must read.

    1 of 1 people found this review helpful
  •  
    SpaceFuzz Seattle, WA 02-22-17
    SpaceFuzz Seattle, WA 02-22-17 Listener Since 1999
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    "Excellent background knowledge you must have"

    Tim's passion keeps you riveted throughout the 10 lectures. Each lecture is an excellent summary of one economist's thought processes and accomplishments--as well as their weaknesses. I will listen to this series more than once, to catch parts I missed and deepen my understanding.

    0 of 0 people found this review helpful
  •  
    Jeb Fahlgren Alberta Canada 06-29-16
    Jeb Fahlgren Alberta Canada 06-29-16 Member Since 2013
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    "Great Foundations on Important Thinkers"
    Would you recommend this audiobook to a friend? If so, why?

    This is a great book to learn the basics of Economic thought by its founding fathers


    What was one of the most memorable moments of Legacies of Great Economists?

    Adam Smith


    0 of 0 people found this review helpful
  •  
    Juan 02-16-16
    Juan 02-16-16 Member Since 2016
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    "A "must" for economists and aficionados"

    It provides an incredibly succinct view of the economists that shaped our World, their lives and their most important contributions.

    Non-economists may get a bit lost if they are not too interested in the topic. So, definitely a listen for those genuinely interested in Economics, Finance and History.

    0 of 0 people found this review helpful
  •  
    Michael 07-11-15
    Michael 07-11-15
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    "Great overview of economics theory."

    Lecture gives tight and clear summary of selected pioneers and innovators in the study and articulation of the economy.

    0 of 0 people found this review helpful
  •  
    Trey Malone Stillwater, OK 05-18-15
    Trey Malone Stillwater, OK 05-18-15 Member Since 2016

    Ph.D. Candidate in Applied and Agricultural Economics at Oklahoma State University.

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    "Great but lacking content"

    I get that he had to cram a lot into a little time, but I can't help but feel like he doesn't give enough credit to economists in the 20th century- such as Coase or Ostrom.

    0 of 2 people found this review helpful
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  • Bobby
    3/18/15
    Overall
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    "Marxist propaganda."

    Lack of detail and a lot of waffle. He has a poor understanding of economics. Don't how this can be classed as economics

    2 of 6 people found this review helpful

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