In the Long Run We’re All Dead
The Lives and Deaths of Great Economists
Distributed for Haus Publishing
In the Long Run We’re All Dead
The Lives and Deaths of Great Economists
A fascinating and entertaining account of the lives of the most important economists of the past.
Until the late nineteenth century, economics couldn’t be studied at the university level; the field was the domain of well-educated figures whose radical curiosity drew them to a discipline that was little understood and often ridiculed. In the Long Run We’re All Dead tells the story of one of those figures in each of its thirteen chapters. Each of these extraordinary lives is worthy of fiction, and the manner of their deaths, oddly, often illuminates their work. Björn Frank shows us how these economists developed the theories for which they became famous and explains those ideas—utilitarianism, social costs, the endowment effect, and others—with reference to the lives of their creators in an engaging, irreverent, even comic style. Frank also takes daring leaps into speculation, considering how the principles of these long-gone economists might be applied to problems of today and of the future.
181 pages | 5 1/4 x 8 1/2 | © 2023
Economics and Business: Economics--History
History: History of Ideas
Reviews
Table of Contents
1 Cantillon’s Last Problem 5
2 Bentham: Not a Pretty Corpse, But Useful 13
3 List’s Last Economic Triumph 29
4 Thu¨nen and his Gravestone Formula 45
5 Chayanov: Death in Hell 61
6 Keynes: An Economist, Amongst Other Things 75
7 Stackelberg: The Other Fu¨hrer 83
8 Schumpeter Prays to the Rabbits 89
9 Von Neumann and the Price of Nuclear Deterrence 103
10 Schmölders’ Dream of America 111
11 Vickrey’s Very Brief Delight at the Nobel Prize 121
12 Coase and the Economic Problems of Eternal Life 129
13 Variations on Themes by Friedrich List 141
Notes and Sources 153
Bibliography 165
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