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The Making of Economic Society (11th Edition)

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Title: The Making of Economic Society (11th Edition)
by Robert L Heilbroner, William Milberg
ISBN: 0-13-091050-3
Publisher: Prentice Hall
Pub. Date: 09 May, 2001
Format: Paperback
Volumes: 1
List Price(USD): $55.00
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Average Customer Rating: 3.5 (2 reviews)

Customer Reviews

Rating: 3
Summary: Concise but Biased
Comment: This is a concise text book for use in high school or first-year college classes on the history of economics that traces the development of the market economy. The basic framework of the book is valuable: how the market transcended earlier forms of economic organization based on command and/or tradition.

There are good summaries of key terms and good discussion questions at the end of each chapter to stimulate classroom discussion; organizationally the book is very good and production values are quite high - very few typesetting errors, good paper, nice ink.

Robert Heilbroner is not, however, the best equipped author to be writing on this subject, as his cynical, Hobbesian view of human nature comes to the surface in numerous remarks whose cumulative effect is a high degree of skepticism about free enterprise and unregulated markets - a skepticism that is not backed by evidence and argument, but more by fears of "bigness" and "unscrupulousness" of business and businesspeople.

(Review based on the Tenth edition of this book)

Rating: 4
Summary: Good, concise introduction for undergrads
Comment: This is an excellent introduction to Economic History for undergraduate students. It is concise and well-written, full of poignant examples, tracing economic organization from the Middle Ages through the present. The chapter summaries and discussion questions at the end of each chapter are very useful for both the student and the professor. The brevity of the book leaves open the possibility of including related academic articles or even other textbooks in the syllabus.

The main disappointment is that the nineteenth century--which was full of economic, social, and political change--is basically ignored. The content jumps from the Industrial Revolution to the beginning of the twentieth century. The traditional Euro-American egocentrism is also present.

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