Intellectual Capital
Forty Years of the Nobel Prize in Economics

Thomas Karier explores the core ideas of the economic theorists whose work led to their being awarded the Nobel Prize in its first forty years.

Tom Karier (Author)

9780521763264, Cambridge University Press

Hardback, published 30 August 2010

368 pages
23.6 x 16.1 x 2.3 cm, 0.63 kg

'Even-handed, lively, and (surprisingly) compelling survey of the top, modern economists and the ideas they got right and wrong. Karier provides an accessible way to understand how economists are rewarded and given significant influence and power.' Teresa Ghilarducci, The New School

There is arguably no award more recognized in the academic and professional worlds than the Nobel Prize. The public pays attention to the prizes in the fields of economics, literature, and peace because their recipients are identified with particular ideas, concepts, or actions that often resonate with or sometimes surprise a global audience. The Nobel Prize in Economic Science established by the Bank of Sweden in 1969 has been granted to 64 individuals. Thomas Karier explores the core ideas of the economic theorists whose work led to their being awarded the Nobel in its first forty years. He also discusses the assumptions and values that underlie their economic theories, revealing different and controversial features of the content and methods of the discipline. The Nobelists include Keynesians, monetarists, financial economists, behaviorists, historians, statisticians, mathematicians, game theorists, and other innovators.

1. An economic prize
2. Free market economics
3. Micro: Chicago school
4. Stock market casino
5. More micro
6. A moral hazard
7. Keynesians
8. Classical revival
9. The inventors
10. Game geeks
11. General equilibrium
12. A world view
13. Numbers guys
14. History and institutions
15. Reshaping the prize.

Subject Areas: Political economy [KCP], Economic theory & philosophy [KCA]