Book Review: The Great Economists – How their Ideas can Help us Today by Linda Yueh
The Great Economists by Linda Yueh might be seen as an attempt to seek the advice of history’s best economists in order to solve present economic challenges such as slow growth, de-industrialization, massive trade deficits, and how to stimulate innovation. Yueh highlights a notable economist whose theories or ideas have shaped the way we think and are deemed vital in our understanding of economics for each of these challenges. Adam Smith, David Ricardo, Joan Robinson, and Milton Friedman are among the twelve economic experts. This book stands out since it is easy to read and comprehend. It follows a set pattern, with each chapter broken into three sections. Each chapter first includes an introduction to the economist and a description of their early lives, as well as how and why they came to be recognized for what they are now. She then delves into their statements and theories in detail. The reader will learn what these economists believed in, the different d...