Sylvia Nasar
Grand Pursuit: The Story of Economic Genius
Simon and Schuster, September 2011
Review: Ed Shannon
In this weeks news Paul Revere road to warn the British. A Nobel Laureate in Economics is forced to withdraw from a Federal Reserve nomination. Seemingly facts no longer matter. Instead one’s personal beliefs and opinions are now TRUTH. This is why Sylvia Nasar’s Grand Pursuit is so timely and important.
From Malthus to Friedman, Nasar traces the great minds as they explore economics theory, survive recessions, depressions, wars, and a developing world through the industrial revolution and political upheavals. While a dense subject, Nasar’s style creates a welcoming, interesting treatment that is readily accessible.
The current political atmosphere creates a need for this book, for citizens and politicians alike to actually understand more than their own opinions, but to understand complex ideas. If we can’t grasp the ideas in their full complexity, we must rely on experts, not what we want to hear.
Grand Pursuit is an essential book for our times because it allows the non-expert to grasp these ideas that may make or break our economy. Buy it the minute it reaches bookstores or the net.
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