The best books on the evolution of economics

Are you looking for a good introduction to Economics?

Then, as I did, start with a brilliant survey of the main thinkers, who have shaped our understanding of the economic system. These economists’ thoughts ranged from addressing how to improve the quality of life for all, to understanding the source of value and the functioning of the economy.

Although they were not always accurate, their influence on contemporary Economics is tremendous, and Heilbroner's writing style will captivate you. I recommend this book to all of my students and colleagues.

In fact, after reading this book during my University studies, I became inspired to study Economics in depth and engage in scholarly research. Even switched from Engineering, Mathematics, and Physics to Economics, Finance, and Data Science.

I became well acquainted with Economics after my undergraduate studies, and found this book to be an excellent resource.

It begins with the ancient Greeks and culminates in the modern era. It elaborates upon crucial issues such as money, markets, prices, and production. What sets it apart from others is its focus on the evolution of economic ideas, rather than the economists themselves.

Backhouse's writing style is clear and accessible, and makes even complex concepts understandable. One thing I appreciate is that Backhouse demonstrates that no economic theory emerges "out of nowhere" as is often implied, rather it builds on its predecessors.

This book offers insights that have stayed with me long after reading, and I still refer to it for its depth of knowledge.

I enjoyed reading this book as it provided a deep, and engaging overview of economic theory.

The authors manage to strike a balance between providing a high-level theoretical discussion and making the content accessible to a wider audience. One thing that stood out to me was the authors' emphasis on the diversity of the various schools of economic thought.

In their work, they avoid the common pitfall of suggesting that the history of Economics has “ended”, and instead observe the evolution of economic theory over time. Also, I appreciate the fact that they do not believe that theories in fashion today necessarily provide an adequate explanation for the functioning of the economy.

Overall, I recommend this book to anyone interested in gaining insight into Economics’ controversial development.

For anyone interested in a comfortable tour through some of the greatest economists, this book is a must-read.

It is like having a personal conversation with the world's leading economic masterminds, as it explores their beliefs, backgrounds, and legacies. This book is well-written and easy to follow, making it an excellent choice for anyone.

Economics is not only concerned with fiscal policies and national economies. And this book does a good job of illustrating the fact that Economics plays a role in almost every aspect of human life.

Furthermore, I would like to acknowledge the inclusion of Daniel Kahneman in the book, an Israeli-American psychologist and Nobel Prize winner whose empirical findings challenged the assumption of human rationality, i.e. the foundation of modern Economics.

Since my PhD was based on Schumpeter's work, I can confidently state that it is well worth exploring the fascinating world of Economics through one of history's greatest economists.

This masterpiece takes the reader on a journey through every corner of the subject, paying particular attention to even the smallest details. A unique and thought-provoking view of Economics is offered by Schumpeter in his over 1000 pages of brilliant insights.

This book distinguishes itself from others through its deep and unconventional interpretation of Economics. It is a must-read for anyone seeking a thorough understanding of Economics as Schumpeter provides fresh insights on various topics.

However, it would be much better if it covered more recent developments. Enjoy this tour of Economics with Schumpeter and you will never get bored!