Grand Pursuit
The Story of Economic Genius
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Narrated by:
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John Bedford Lloyd
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Anne Twomey
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By:
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Sylvia Nasar
About this listen
In a sweeping narrative, the author of the mega-bestseller A Beautiful Mind takes us on a journey through modern history with the men and women who changed the lives of every single person on the planet. It’s the epic story of the making of modern economics, and of how it rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in Fate.
Nasar’s account begins with Charles Dickens and Henry Mayhew observing and publishing the condition of the poor majority in mid nineteenth-century London, the richest and most glittering place in the world. This was a new pursuit. She then describes the efforts of Marx, Engels, Alfred Marshal, Beatrice and Sydney Webb, and Irving Fisher to put those insights into action - with revolutionary consequences for the world.
From the great John Maynard Keynes to Schumpeter, Hayek, Keynes’s disciple Joan Robinson, the influential American economists Paul Samuelson and Milton Freedman, and India’s Nobel Prize winner Amartya Sen, she shows how the insights of these activist thinkers transformed the world - from one city, London, to the developed nations in Europe and America, and now to the entire world.
In Nasar’s dramatic account of these discoverers we witness men and women responding to personal crises, world wars, revolutions, economic upheavals, and each other’s ideas to turn back Malthus and transform the dismal science into a triumph over mankind’s hitherto age-old destiny of misery and early death.
This idea, unimaginable less than 200 years ago, is a story of trial and error, and ultimately transcendent, rendered here in stunning narrative.
©2011 Sylvia Nasar. All rights reserved. (P)2011 Simon and Schuster, Inc. All rights reserved.Listeners also enjoyed...
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- Length: 6 hrs and 42 mins
- Unabridged
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Born in 1857 and raised in oil country, Ida M. Tarbell was one of the first investigative journalists and probably the most influential in her time. Her series of articles on the Standard Oil Trust, a complicated business empire run by John D. Rockefeller, revealed to readers the underhanded, even illegal practices that had led to Rockefeller's success.
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Excellent!
- By AKA1 on 03-16-19
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Nothing to Fear
- FDR's Inner Circle and the Hundred Days That Created Modern America
- By: Adam Cohen
- Narrated by: Norman Dietz
- Length: 14 hrs and 10 mins
- Unabridged
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Nothing to Fear brings to life a fulcrum moment in American history - the tense, feverish first 100 days of Franklin Delano Roosevelt's presidency, when he and his inner circle completely reinvented the role of the federal government.
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Important contribution
- By R.S. on 03-05-09
By: Adam Cohen
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America's Bank
- The Epic Struggle to Create the Federal Reserve
- By: Roger Lowenstein
- Narrated by: Robertson Dean
- Length: 9 hrs and 39 mins
- Unabridged
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A tour de force of historical reportage, America’s Bank illuminates the tumultuous era and remarkable personalities that spurred the unlikely birth of America’s modern central bank, the Federal Reserve. Today, the Fed is the bedrock of the financial landscape, yet the fight to create it was so protracted and divisive that it seems a small miracle that it was ever established. For nearly a century, America, alone among developed nations, refused to consider any central or organizing agency in its financial system.
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Important and Intriguing
- By Jean on 11-02-15
By: Roger Lowenstein
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When Money Dies
- The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar, Germany
- By: Adam Fergusson
- Narrated by: Antony Ferguson
- Length: 9 hrs
- Unabridged
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When Money Dies is the classic history of what happens when a nations currency depreciates beyond recovery. In 1923, with its currency effectively worthless (the exchange rate in December of that year was one dollar to 4,200,000,000,000 marks), the German republic was all but reduced to a barter economy. Expensive cigars, artworks, and jewels were routinely exchanged for staples such as bread; a cinema ticket could be bought for a lump of coal; and a bottle of paraffin for a silk shirt....
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Useless details, missing the big points
- By Jean Le Lupi on 07-04-12
By: Adam Fergusson
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Brazil
- The Troubled Rise of a Global Power
- By: Michael Reid
- Narrated by: Michael Healy
- Length: 16 hrs and 38 mins
- Unabridged
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Experts believe that Brazil, the world's fifth largest country and its seventh largest economy, will be one of the most important global powers by the year 2030. Yet far more attention has been paid to the other rising behemoths: Russia, India, and China. Often ignored and underappreciated, Brazil, according to renowned, award-winning journalist Michael Reid, has finally begun to live up to its potential but faces important challenges before it becomes a nation of substantial global significance.
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Good short history of Brazil, lame pronunciation
- By Bubu Mungani on 07-21-19
By: Michael Reid
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Bending Adversity
- Japan and the Art of Survival
- By: David Pilling
- Narrated by: Tim Andes Pabon
- Length: 14 hrs and 49 mins
- Unabridged
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In Bending Adversity, Financial Times Asia editor David Pilling presents a fresh vision of Japan, drawing on his own deep experience, as well as observations from a cross section of Japanese citizenry, including novelist Haruki Murakami, former prime minister Junichiro Koizumi, industrialists and bankers, activists and artists, teenagers and octogenarians. Through their voices, Pilling captures the dynamism and diversity of contemporary Japan.
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Good book, but terribly read
- By Kallan Resnick on 10-24-14
By: David Pilling
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The Miracle
- The Epic Story of Asia's Quest for Wealth
- By: Michael Schuman
- Narrated by: Fred Stella
- Length: 14 hrs and 4 mins
- Unabridged
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Spanning nine countries, filled with heroic tales of bold decisions and self-sacrifice, and probing vast historical undercurrents, "The Miracle" takes readers inside private boardroom meetings, heated business negotiations, factory floors, and presidential cabinet sessions for a behind-the-scenes look at the events that shaped Asia's economic ascent - and will shape the world in the century to come.
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Packed with stories of both bussinesses and gov
- By Roman on 11-21-12
By: Michael Schuman
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Marx's General
- The Revolutionary Life of Friedrich Engels
- By: Tristram Hunt
- Narrated by: Norman Dietz
- Length: 17 hrs and 26 mins
- Unabridged
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Friedrich Engels is one of the most intriguing and contradictory figures of the 19th century. Born to a prosperous Prussian mercantile family, he spent his life working in the Manchester cotton industry, riding to the Cheshire hounds, and enjoying the comfortable upper-middle-class existence of a Victorian gentleman.
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Not many choices here anyways.
- By Prof. Neil Larsen on 02-16-13
By: Tristram Hunt
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New Deal or Raw Deal?
- How FDR's Economic Legacy Has Damaged America
- By: Burton Folsom Jr.
- Narrated by: Alan Sklar
- Length: 11 hrs and 19 mins
- Unabridged
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In this shocking and groundbreaking new book, economic historian Burton Folsom, Jr., exposes the idyllic legend of Franklin D. Roosevelt as a myth of epic proportions. With questionable moral character and a vendetta against the business elite, Roosevelt created New Deal programs marked by inconsistent planning, wasteful spending, and opportunity for political gain---ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America needed.
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A must listen!
- By Book and Movie Lover on 06-14-09
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Taking on the Trust
- The Epic Battle of Ida Tarbell and John D. Rockefeller
- By: Steve Weinberg
- Narrated by: Pam Ward
- Length: 11 hrs and 56 mins
- Unabridged
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Long before the rise of mega-corporations like Wal-Mart and Microsoft, Standard Oil controlled the oil industry with a monopolistic force unprecedented in American business history. Undaunted by the ruthless power of its owner, John D. Rockefeller, a fearless and ambitious reporter named Ida Minerva Tarbell confronted the company known simply as "The Trust".
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Annoying Narrator
- By Nate on 04-03-15
By: Steve Weinberg
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The Money Men
- Capitalism, Democracy, and the Hundred Years' War over the American Dollar
- By: H. W. Brands
- Narrated by: Lloyd James
- Length: 5 hrs and 30 mins
- Unabridged
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A best-selling historian's gripping account of the powerful men who controlled America's financial destiny. From the first days of the United States, a battle raged over money. On one side were the democrats, who wanted cheap money and feared the concentration of financial interests in the hands of a few. On the other were the capitalists who sought the soundness of a national bank and the profits that came with it.
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Not clear what this book is really about
- By Chris on 07-03-08
By: H. W. Brands
What listeners say about Grand Pursuit
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Daniel
- 09-21-11
great history book
Would you listen to Grand Pursuit again? Why?
Yes, this book does an excellent job telling capsule life stories of the post 1850 economists (& some other social scientist), the key elements of their thought and, most importantly, the context in which they lived, and which helped to powerfully shape their thought and build the foundation of modern economics. You do not need to be an economics major or economist to appreciate this work.
What was the most compelling aspect of this narrative?
The putting of economic thought into context, so that we can understand its roots when the idea of these individuals is cited (& more frequently, misappropriated) today.
What about John Bedford Lloyd, and Anne Twomey’s performance did you like?
Both narrators do a good job with the text.
If you were to make a film of this book, what would be the tag line be?
Adventures in Economic Thought
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5 people found this helpful
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- Onyeje Bose
- 03-23-19
Ideas matter
I learned a great deal about the economists of old. I'm a computer science graduate, with a minor in international relations. I've never paid a great deal of attention to economists, and thier history.
That was before this book. Now I'm a fan of at least 3 entities. This is a whole new world for me to dig into, and learn about. Glad I read this.
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- D. Martin
- 12-30-11
Truly extraordinary but a little dull
OK, so I won't lie: it's a little dull, and I've studied economics. For those who haven't, I really do wonder if you'll find it compelling. Perhaps another reader who falls into this category could address this? But if you do have an economics background, this book is incredibly rewarding. All the figures you've kind of sort of heard of but don't know precisely what they did--Marshall, Schumpeter, Fischer, etc.--are covered quite well along with Beatrice Webb, one of the most important figures in the history of economic thought who I at least had never heard of.
A recurring theme, since the book covers lives as well as work, is various famous economists struggling to find love. We don't usually think of them this way, and I wonder whether economists were more or less romantically tormented than their contemporaries.
The other enjoyable part is learning who really weren't that significant of thinkers, despite their oversized reputations; in particular: Marx and Hayek. I've never bothered to read either, and Nasar makes clear that that's not a problem. There really are no theres there.
I found the switching back and forth of narrators irritating, and I strongly preferred the female reader to the male one. I'm not sure what led to this odd choice, but I hope this doesn't start a trend.
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3 people found this helpful
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- Heather
- 11-09-13
why switch narrators- Act 2??? so disruptive!
Would you recommend this book to a friend? Why or why not?
I am interested in this sort of mix of personal and cultural history...provides many insights into how the word economy developed as it did, and the personalities who contributed to our understanding of economics
Who would you have cast as narrator instead of John Bedford Lloyd and Anne Twomey ?
The female narrator was excellent...switching part-way through was just bizarre.
Was Grand Pursuit worth the listening time?
so-so
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- Canuck2016
- 09-05-18
Interesting sketches of famous economists’ lives
The Grand Pursuit links intriguing portraits of the character and lives of famous and lesser known economists who shaped the history of economic thought and shows the context from which their ideas emerged. Nasser has an eye for telling detail and tells the story fluidly. The book seldom drags and is easily accessible. The downside is that it contains relatively little economics.
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- Lynn
- 12-28-11
A Primer for Our Own Time
Sylvia Nasar, author of A Beautiful Mind, in Grand Pursuit provides us a wide ranging history of modern economic thought. Nasar takes us from the time of Charles Dickens through Marx, Engels, Marshall, the Webbs, Keynes, Schumpeter and others who reflected on the condition of the poor in society. Nasar’s sections on early London and England are most informative. The writing is delightful and readily available to the non-economist approaching it. Personalities come alive and historical context is described. This is a book well worth the time of any reader. The narration of Lloyd and Twomey is excellent.
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1 person found this helpful
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- Evan
- 10-21-11
A good read in 2011
Book had 2 readers - one that I liked more than the other but both pretty good. With our seemingly perpetual financial crises in the recent past and on going in Europe, the United States and Asia, it was fun thinking about "What would Keynes Do?" while listening to this book.
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- Joshua Kim
- 05-06-12
A Beautiful Grand Pursuit
One of the most important outcomes of a liberal education should be the permanent eradication of a romanticization of the past. On any measure we care to generate, from health to wealth, we are better off than at any point in history. Go back a mere 200 years and you will find a population hobbled by frequent and persistent famines, early death (with less than half of newborns surviving to age 5), early death, and almost endless agriculturally related toil.
How is it possible that in such a short time span, say since the early 19th century, that the world has become both immeasurable more wealthy and fantastically less equal? Why is it that some nations have seen exponential growth in income per capita, life expectancy and a drop in childhood mortality - where other societies persist in relative poverty and ill-health?
To answer any of these questions, we must first find an economist. Or at least someone who has absorbed the theories and ideas of the great economists.
The idea that a people or a nation could exert some control over its own economic destiny is a relatively new one, and has its origins in the 19th century economic thinkers that Nassar profiles in her gorgeous and essential new book Grand Pursuit: The Story of Economic Genius. From the 19th century thinkers such as Karl Marx and Alfred Marshall, grappling with the meaning for society that is shifting for agriculture to industry, Nassar moves on the great economic thinkers of 20th century and how they understood, (and tried to end) two world wars and a Great Depression.
Keynes and Hayek get top billing in this story, and through their lives Nassar illuminates the economic theories and policies that led to, and eventually helped end (with the help of World War II) the depression of the 1930s. The story of Keynes and Keynesian thought is well known to non-economists and economic historians, but Nassar's narrative on the impact of Hayek on our modern thinking was, for me, a revelation.
In Grand Pursuit, Nassar succeeds in elucidating the history of modern economic thought by evoking the personal contexts of the individuals from which these theories emerged. Grand Pursuit could have been subtitled: "A Biography of Economic Thought". This approach takes longer than a straightforward exposition of the major ideas of economic history, but by situating these ideas in the times they were conceived, the reader of Grand Pursuit ultimately enjoy a much richer and nuanced understanding of the ideas the continue to rule our world.
Grand Pursuit is the kind of book I think that will convince some people to go to graduate school to study economic history. That would be a fine result.
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5 people found this helpful
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- Naftaly
- 09-12-13
disappointing;
Is there anything you would change about this book?
this book has far too much gossip, and too little economics
What three words best describe John Bedford Lloyd and Anne Twomey ’s performance?
Towney is quite good; Bedford is far too slow
If this book were a movie would you go see it?
No
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- Mike M. Javanmard
- 12-12-12
Economic Story
What would have made Grand Pursuit better?
Nothing I plan to buy it as a book and read it again by myself.
What did you like best about this story?
How the author brought to life all of those dead economists from long ago.
How could the performance have been better?
There were two narrators. The male narrator kept putting me to sleep.
Any additional comments?
Redo it with better readers!!
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