Description - Lives of the Laureates by William Breit
Lives of the Laureates offers readers an informal history of modern economic thought, as told through autobiographical essays by eighteen winners of the Nobel Prize in Economics. The essays not only provide unique insights into major economic ideas of our time, but also shed light on the processes of intellectual discovery and creativity. This fourth edition adds five new Nobel laureates to its list of contributors: Gary S. Becker, 1992 recipient; John C. Harsanyi, co-recipient in 1994; Robert E. Lucas, Jr., 1995 recipient; Myron S. Scholes, co-recipient in 1997 and James J. Heckman, co-recipient in 2000. This edition also includes a new afterword by the editors, "Lessons from the Laureates." Lives of the Laureates grows out of a continuing lecture series at Trinity University in San Antonio, for which Nobelists at American universities are invited to give an account of "My Evolution as an Economist." Some common themes emerge: the importance of real world events and a desire for relevance - as seen in James Tobin's decision to enter economics in order to understand the ruin caused by the Great Depression and in Gary Becker's need for economics to help him understand such issues as
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