The Nobel Laureates How the World s Greatest Economic Minds Shaped Modern Thought

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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. The Nobel Laureates How the World's Greatest Economic Minds Shaped Modern Thought Marilu Hurt McCarty A Complete Primer on 21st Century Economic Theory

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