The cover of Grand Pursuit

Grand Pursuit

How did humanity escape the poverty that has been the lot of nearly all people, and what part did economists play?

At a glance

Author
Sylvia Nasar

Why read it

  • You will see why the idea that people could master their material circumstances is so recent that even Jane Austen never imagined it
  • You will weigh the claim that economic ideas have done more to transform the world than the steam engine
  • You will learn what the great economists were searching for: ideas that foster societies of freedom and abundance

Who it is for

  • Reader who wants the human story behind economic theory
  • Student meeting Keynes, Hayek and Schumpeter for the first time
  • Anyone curious why we are richer than our ancestors

Contents

  1. Preface
  2. The Nine Parts of Mankind
  3. Act I
  4. HOPE
  5. Prologue
  6. Mr. Sentiment Versus Scrooge
  7. Chapter I
  8. Perfectly New: Engels and Marx in the Age of Miracles
  9. Chapter II
  10. Must There Be a Proletariat? Marshall’s Patron Saint
  11. Chapter III
  12. Miss Potter’s Profession: Webb and the Housekeeping State
  13. Chapter IV
  14. Cross of Gold: Fisher and the Money Illusion
  15. Chapter V
  16. Creative Destruction: Schumpeter and Economic Evolution
  17. Act II
  18. FEAR
  19. Prologue
  20. War of the Worlds
  21. Chapter VI
  22. The Last Days of Mankind: Schumpeter in Vienna
  23. Chapter VII
  24. Europe Is Dying: Keynes at Versailles
  25. Chapter VIII
  26. The Joyless Street: Schumpeter and Hayek in Vienna
  27. Chapter IX
  28. Immaterial Devices of the Mind: Keynes and Fisher in the 1920s
  29. Chapter X
  30. Magneto Trouble: Keynes and Fisher in the Great Depression
  31. Chapter XI
  32. Experiments: Webb and Robinson in the 1930s
  33. Chapter XII
  34. The Economists’ War: Keynes and Friedman at the Treasury
  35. Chapter XIII
  36. Exile: Schumpeter and Hayek in World War II
  37. Act III
  38. CONFIDENCE
  39. Prologue
  40. Nothing to Fear
  41. Chapter XIV
  42. Past and Future: Keynes at Bretton Woods
  43. Chapter XV
  44. The Road from Serfdom: Hayek and the German Miracle
  45. Chapter XVI
  46. Instruments of Mastery: Samuelson Goes to Washington
  47. Chapter XVII
  48. Grand Illusion: Robinson in Moscow and Beijing
  49. Chapter XVIII
  50. Tryst with Destiny: Sen in Calcutta and Cambridge
  51. Epilogue
  52. Imagining the Future
  53. Photographs

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