The Classical School
The Birth of Economics in 20 Enlightened Lives
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Narrated by:
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Sean Patrick Hopkins
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By:
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Callum Williams
About this listen
A fascinating chronicle of the lives of 20 economists who played major roles in the evolution of global economic thought.
What was Adam Smith really talking about when he mentioned the "invisible hand"? Did Karl Marx really predict the end of capitalism? Did Thomas Malthus (from whose name the word Malthusian derives) really believe that famines were desirable?
In The Classical School, Callum Williams debunks popular myths about these great economists and explains the significance of their ideas in an engaging way. After listening to this audiobook, you will know much more about the very famous (Smith, Ricardo, Mill) and the not-quite-so-famous (Bernard de Mandeville, Friedrich Engels, Jean-Baptiste Say). The audiobook offers an assessment of what they wrote, the impact it had, and the worthiness of their ideas. It's far from the final word on any of these people but a useful way of understanding what they were all about, at a time when understanding these economic giants is perhaps more important than ever.
©2020 The Economist Newspaper Ltd (P)2020 Hachette AudioListeners also enjoyed...
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From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind’s greatest inventions.
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Difficult to imagine how it could be worse
- By J. M. Batista on 09-19-17
By: Felix Martin
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The 9.9 Percent
- The New Aristocracy That Is Entrenching Inequality and Warping Our Culture
- By: Matthew Stewart
- Narrated by: Sean Patrick Hopkins
- Length: 12 hrs and 6 mins
- Unabridged
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In 21st century America, the top 0.1 percent of the wealth distribution have walked away with the big prizes even while the bottom 90 percent have lost ground. What’s left of the American Dream has taken refuge in the 9.9 percent that lies just below the tip of extreme wealth. Collectively, the members of this group control more than half of the wealth in the country - and they are doing whatever it takes to hang on to their piece of the action in an increasingly unjust system.
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Fantastic
- By Davena on 01-05-23
By: Matthew Stewart
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The Socialist Temptation
- By: Iain Murray
- Narrated by: James Langton
- Length: 6 hrs and 13 mins
- Unabridged
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Just 30 years ago, socialism seemed utterly discredited. An economic, moral, and political failure, socialism had rightly been thrown on the ash heap of history after the fall of the Berlin Wall. Unfortunately, bad ideas never truly go away — and socialism has come back with a vengeance. A generation of young people who don’t remember the misery that socialism inflicted on Russia and Eastern Europe is embracing it all over again.
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Full Of Important Insights
- By Ralph Alderson on 12-17-20
By: Iain Murray
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The Wealth and Poverty of Nations
- Why Some Are So Rich and Some So Poor
- By: David S. Landes
- Narrated by: Walter Dixon
- Length: 21 hrs and 47 mins
- Unabridged
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The Wealth and Poverty of Nations is David S. Landes' acclaimed, best-selling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance.
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A detailed explanation
- By Kaarlis on 12-07-21
By: David S. Landes
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Ill Fares the Land
- By: Tony Judt
- Narrated by: James Adams
- Length: 5 hrs and 40 mins
- Unabridged
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In Ill Fares The Land, Tony Judt, one of our leading historians and thinkers, reveals how we have arrived at our present dangerously confused moment. Judt masterfully crystallizes what we've all been feeling into a way to think our way into, and thus out of, our great collective dis-ease about the current state of things.
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Blah, Blah, Blah.
- By Michael on 07-15-10
By: Tony Judt
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World-Systems Analysis: An Introduction
- A John Hope Franklin Center Book
- By: Immanuel Wallerstein
- Narrated by: Fred Filbrich
- Length: 4 hrs and 32 mins
- Unabridged
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In World-Systems Analysis, Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered 30 years ago to understanding the history and development of the modern world. Since Wallerstein first developed world-systems analysis, it has become a widely utilized methodology within the historical social sciences and a common point of reference in discussions of globalization.
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Uneven, but Ambitious
- By Logical Paradox on 08-27-14
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The Fourth Revolution
- The Global Race to Reinvent the State
- By: John Micklethwait, Adrian Wooldridge
- Narrated by: Chris Sorensen
- Length: 10 hrs and 5 mins
- Unabridged
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From the best-selling authors of The Right Nation, a visionary argument that our current crisis in government is nothing less than the fourth radical transition in the history of the nation-state. Dysfunctional government: It' s become a cliché, and most of us are resigned to the fact that nothing is ever going to change. As John Micklethwait and Adrian Wooldridge show us, that is a seriously limited view of things. In fact, there have been three great revolutions in government in the history of the modern world.
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A must read for everyone wondering whats going?
- By Truth-be-told on 03-30-15
By: John Micklethwait, and others
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The Myth of the Rational Voter
- Why Democracies Choose Bad Policies
- By: Bryan Caplan
- Narrated by: David Drummond
- Length: 8 hrs and 44 mins
- Unabridged
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The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters. This is economist Bryan Caplan's sobering assessment in this provocative and eye-opening book.
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Refreshing
- By Lyle Wincentsen on 05-12-11
By: Bryan Caplan
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The Constitution of Liberty
- The Definitive Edition
- By: Ronald Hamowy - Edited by, F. A. Hayek
- Narrated by: Mike Chamberlain
- Length: 20 hrs and 7 mins
- Unabridged
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The Constitution of Liberty is considered Hayek's classic statement on the ideals of freedom and liberty, ideals that he believes have guided - and must continue to guide - the growth of Western civilization. Here, Hayek defends the principles of a free society, casting a skeptical eye on the growth of the welfare state and examining the challenges to freedom posed by an ever-expanding government.
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very detailed and important
- By Big Kyle 570 on 06-17-20
By: Ronald Hamowy - Edited by, and others
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
What listeners say about The Classical School
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- David F. Smith
- 05-21-20
Very Good Book
I heard an interview of the author and thought it sounded like a good book. I got it as soon as it was released and I am pleased to say I was right. This is a very good book and well worth reading.
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- C. Bishop
- 09-22-20
a terrific insightful perspective
I really enjoyed this book. Telling the story of the evolution of economic theories by connecting them with real people made for a fascinating read/listen.
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- SJW
- 10-27-22
Where is James Steuart?
This book is very disappointing on many levels. The author does a decent job wiith some of the early classicals. But Jevons and Marshall are not classical economists. They are founders of neoclassical economics, which prevails today. i dont think this author understands what classifys an economist as classical. And he includes 2 people who contributed little to nothing to economic theory, which the author admits. i have studied history of thought and never heard of them. He bad mouths Marx in an almost comical way, saying he was basically a drunken lout who ignored his family, cheated on his wife and broke street lamps. He lived in poverty and mooched off of Engels, and on top of it all, was an antisemetic Jew.
With all this, why didn't he mention that Emma Goldman was shot in the head by Nazis in Germany who purged communists, after being deported from the US by Woodrow Wilson's left-purging Palmer raids? That seems more historically relevant than the assertion that Marx possibly impregnating his housekeeper. And where is James Steuart, an important early classical econonomist?
The author also makes fun of the classicals focus on value, which neoclassical economists intentionally ignore. it is important, and thankfully Marianna Mazzucato has recently done a good treatment of it.
Read Michael Hudson if you want to understand the contributions of the classicals. They made important points that todays neoclassical (and neoliberal) economists intentionally avoid. it is easier to add a bunch of unnecssary theoretical stuff that no one else understands than deal
head-on with problems like poverty, inequality, and yes, imperialism. (Read John Perkins '"Confessions of an economic hitman" if you are curious about how economics supports imperialism).
Like the vast majority of economists, the author does not understand broader history and how economics both contributed and was affected by it. We have so much industry concentration not only because of technical efficiencies but also because we essentially stopped enforcing antitrust laws. There are many books out now explaining this, starting with Matt Stollers "Goliath".
This book was a good idea not well-implemented. It is a shame. i hope someone will do a better job in the future. Or maybe this author might read some Hudson, Perkins, Mazzucato and also look into the work of Anwar Shaikh for future editions.
FYI, I am an economist, with all the requisite degrees and 30+ years of experience.
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