Money, Market, Capital: A Brief History of Economics

Money, business, deals – a world without them is unimaginable. Yet, the capitalism we know today only truly took shape in the late 19th century. We often perceive history as a linear progression, but the modern market economy harbors numerous challenges: poverty, inequality, and discrimination. Keynesian theory in the 20th century aimed to conquer unemployment, but macroeconomists still struggle to manage financial crises.

In this book by Harvard Professor Andrew Lay, the history of economics is interwoven with the present day in a fascinating way: European colonization and global warming, the wealthy Medici family and artificial intelligence, the invention of money and the "invisible hand" of the market. What economic systems existed in different eras? How has capitalism impacted gender inequality? What are the differences between the economies of the West and the East? Lay engagingly and concisely recounts the most important chapters in the history of economics and the global challenges facing humanity in the 21st century.

Key Features and Benefits:

• Comprehensive Overview: Gain a solid understanding of the evolution of economic systems from ancient times to the present day.
• Interdisciplinary Approach: Explore the connections between economics, history, sociology, and political science.
• Real-World Examples: Learn through compelling stories and case studies, from the Medici family to the rise of artificial intelligence.
• Insightful Analysis: Understand the challenges and opportunities facing the global economy in the 21st century.
• Accessible Language: Written in a clear and engaging style, making complex economic concepts easy to grasp.

Who Should Read This Book?

This book is perfect for:

• Students of economics, history, and related fields.
• Business professionals seeking a broader understanding of the economic landscape.
• Anyone interested in learning about the history and future of capitalism.
• Readers looking for a concise and engaging introduction to economic thought.

Why Choose This Book?

Money, Market, Capital: A Brief History of Economics offers a unique and accessible perspective on the forces that have shaped our world. Unlike dry textbooks, this book brings economic history to life with compelling stories and insightful analysis. Professor Lay's expertise and engaging writing style make this a must-read for anyone seeking a deeper understanding of the global economy and its challenges. Prepare to be enlightened and challenged by this thought-provoking exploration of the past, present, and future of economics.

"Before we get to Homo economicus, we must start at the beginning – with how economics shaped our species, Homo sapiens" (Andrew Lay).